The first mid-engine Corvette to leave production line just sold at the Barrett-Jackson 2020 Scottsdale auction for $3 million. For reference, that’s more than 38 times what it’ll cost on any dealer’s lot.
The newest Corvette is completely all-new as a mid-engine sports car, the first of its kind. So much so that only one part remained in the design from the previous generation.
Mary Barra, the CEO of General Motors, was in attendance at the auction. Not only was the new Corvette one of Barrett-Jackson’s highest-selling vehicles — not quite the highest, but close — all proceeds went to the Detroit Children’s Fund (DCF) charity.
The DCF non-profit helps to improve and expand Detroit City Schools. The Fund aids declining school districts and programs, supports teachers, and helps with city-wide initiatives to enhance the quality of education.
The winner of the 2020 Corvette Stingray was former NASCAR driver Rick Hendrick. Hendrick is currently a NASCAR team owner and renowned car collector. His purchase and donation will come with a guided tour of the Corvette Museum in Bowling Green, Kentucky.
We can’t wait to see you here at Ginn Chevrolet when the 2020 Chevrolet Corvette hits dealerships later this year.