In true Chevrolet spirit, the first Stingray Convertible will be auctioned for charity. It will be sold at the Barrett-Jackson auction on April 5th in Palm Beach, FL with all the proceeds going to the Barbara Ann Karmanos Cancer Institute and its 31st Annual Dinner. For reference, the first Corvette Stingray Coupe was auctioned for a total of $1.1 million by Barrett-Jackson and the drop-top model should fetch a sum close to that.

Clients interested can also bid online at by visiting www.barrett-jackson.com. The winning bidder will receive a letter of authenticity and will have the possibility to choose the exterior color of their car.

The Stingray Convertible is powered by a 6.2-liter V-8 engine that delivers an estimated total of 450 horsepower and 450 pound-feet of torque. The model is equipped with a fully electronic top can be lowered remotely and opened or closed at speeds of up to 30 mph.

Hit the jump to read the full press release.

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