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Cars First-ever mid-engined Corvette sells for $3 million

19:35  19 january  2020
19:35  19 january  2020 Source:   motoringresearch.com

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Three years ago we caught our first blurry glimpse of an early C8 Corvette prototype, heavily covered in camouflage. Now, the covers are finally lifted on this This is nothing less than a paradigm shift for America’s iconic sports car, bringing to life the vision of a mid - engined Corvette first conceived by

A 1967 Chevrolet Corvette convertible was sold at a Dallas auction Tuesday for $ 3 .4 million , the highest price ever paid for a Corvette at auction. “All L88 Corvette prices from all three years of production have significantly increased in value over the past 2 years, and this is the first 1967 L88 to

a red car: First Corvette $3million © Provided by Motoring Research First Corvette $3million

Described as “the most exciting moment of the day” for this weekend’s Barrett-Jackson Scottsdale auction was the sale of the very first C8 Corvette to roll off the production line.

And it didn’t disappoint.

Buyer and NASCAR team owner Rick Hendrick paid a pretty penny for the privilege of ownership of VIN 001. A cool $3 million (£2.3 million) bid won him the car.

It didn’t take long, either, with the Vette reaching a $1 million bid in under 15 seconds. It reached $2 million in under 25 seconds, and reached the $3 million figure, where it stayed, after 45 seconds.

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Barrett-Jackson: Only 20 L88 Corvettes were built, and only one in this color. The ultimate in American collector cars, this Corvette sells for $ 3 .5 million .

A mid - engined Corvette would post faster laptimes even if nothing else about the car, from the engine to the tires, were to change. This is particularly important given the considerable difficulty GM would face extracting significant additional power from the LS-series V8, which is already supercharged in

General Motors Chairman and CEO Mary Barra was on stage to congratulate Rick, and later took a photo opportunity with the new owner.

a group of people riding on the back of a car: First Corvette $3million © Provided by Motoring Research First Corvette $3million
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You might wonder if that’s a bit excessive for a car that, with any other VIN, might set you back $80,000. It is however a very special thing being the first, especially given the 60-odd years that Chevrolet has been toying with the idea of a mid-engined Corvette.

Most importantly, however, the money is going to a good cause, benefitting the Detroit Children’s Fund. Over the years, collaborations between General Motors and Barrett-Jackson have raised over $20 million for charitable causes. They can now add the heady $3 million hammer figure for C8 VIN 001 to that.

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The new mid -engine Corvette has once again been spotted in the wild with progressively less Oh Corvette , just where will you pop up next? We don’t know where these particular spy photos were As we first mentioned in June, a top-of-the-line version with an electrified powertrain and electric motor

1963 Rare Corvette Auctioned off at Barrett Jackson Auction for 1 .6 Million dollars.

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Mary Barra et al. standing next to a red car: First Corvette $3million © Provided by Motoring Research First Corvette $3million
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The new C8 Corvette mounts its 495hp 6.2-litre LT2 V8 behind the driver, putting power to the rear wheels exclusively through an eight-speed dual-clutch transmission.

Its part-carbon construction, near-supercar performance and quantum leap in quality have lead many to wonder how Chevrolet can sell it from $60,000 (starting). Indeed, it’s rumoured that the C8 actually loses the General money when sold under $78,000.

The post First-ever mid-engined Corvette sells for $3 million appeared first on Motoring Research.

Pear-shaped china teapot found on a shelf in a modest home sells for a staggering £1 MILLION at auction after sparking an international bidding war .
The five-inch tall green glaze teapot was conservatively estimated to sell for a few thousand pounds but interest in it took off ahead of the auction in Dorchester, Dorset.Its owner, who wasn't aware of its significance, brought it down to show expert Lee Young who had been invited to the property in Dorset to value some ornaments.

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