Remember the Gulf One 1963 Z06 Corvette we reported on earlier this month? Well now there is a new owner.

The ultra-rare Corvette racer was the feature car at Mecum's Kissimmee, FL Auction last weekend. While Mecum had many cars that sold at prices for multiple hundreds of thousands, the Gulf One ventured where very few cars go, seven figures. When it was all over, #1 had a hammer price of $1,050,000.

While the 1963 Z06 production was already small at only 199 examples built, the Gulf One has a celebrated racing history established by Dr. Dick Thompson AKA "Flying Dentist". This Z06 features a 360-bhp V-8, four-speed transmission, Positraction rear axle, heavy-duty shocks and springs, and cast-aluminum finned wheels.

.