SOLD! Chevy Corvette Z06 VIN001 Fetches $3.7-Million At Barrett-Jackson Auction! - story fullscreen Fullscreen

SOLD! Chevy Corvette Z06 VIN001 Fetches $3.7-Million At Barrett-Jackson Auction!

The proceeds from this sale will go towards helping veterans and their families build strong and secure lives

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Barrett-Jackson had a super Saturday as it auctioned 10 cars with a seven-digit price figure. The showstopper here was the first production model of the 2023 Chevrolet Corvette Z06 that fetched $3.7 million! All the proceeds from this sale will go to Operation Homefront, an NGO that helps military veterans and their families build strong and secure lives.

It Fetched More Than 40 Times The Price Of A Base Corvette Z06!

SOLD! Chevy Corvette Z06 VIN001 Fetches $3.7-Million At Barrett-Jackson Auction!
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The first retail production C8 Corvette Z06 with the VIN001 found an owner in Rick Hendrick, the founder and CEO of Hendrick Companies. Rick had also won the bid for the first C8 Corvette Stingray in 2020 when he shelled out $3 million for it. This is three times the price that was expected the car will fetch. All the proceeds will go to Operation Homefront, a non-profit organization that works towards building “strong, stable, secure military families so they can thrive in the communities they have worked hard to protect."

SOLD! Chevy Corvette Z06 VIN001 Fetches $3.7-Million At Barrett-Jackson Auction!
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The first production VIN001 Chevy Corvette Z06 was auctioned at the Barrett-Jackson auction in Scottsdale, Arizona over the weekend and it fetched a whopping $3.7 million!

While $3.7 million is a huge amount for a Corvette, it still isn’t the most expensive Corvette that was bought at an auction. That award goes to a 1967 Corvette L88 that went under the hammer for $3.85 in 2014.

SOLD! Chevy Corvette Z06 VIN001 Fetches $3.7-Million At Barrett-Jackson Auction!
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The Corvette Z06 VIN001 is also equipped with the 70th Anniversary Edition Package. The company introduced it earlier this month and as a retail model, it will be offered in only two shades – White Pearl Metallic Tri-Coat or Carbon Flash Metallic. For the VIN001, Chevy seems to have added the 70th Anniversary Edition Package elements only on the inside. Here’s what you get with the Corvette Z06 70th Anniversary Edition in the cabin:

  • Two-tone Ceramic leather GT2 or Competition Sport seats
  • Red stitching throughout the cabin
  • Red seatbelts
  • Suede microfiber seat inserts
  • Suede steering wheel
  • 70th Anniversary Edition logo on seats, steering wheel, and sill plates

What’s Special About The 2023 C8 Corvette Z06?

SOLD! Chevy Corvette Z06 VIN001 Fetches $3.7-Million At Barrett-Jackson Auction!
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Swipe up to learn more about the auction, the VIN001 Z06, and the other cars that fetched over a million bucks

Here are some of the salient specs and features of the 2023 C8 Corvette Z06:

  • A 5.5-liter, flat-plane crank naturally aspirated LT6 V-8 engine
  • 670 horsepower at 8,400 rpm
  • 460 pound-feet of torque at 6,300 rpm
  • Redlines at 8,600 rpm
  • Eight-speed dual-clutch automatic gearbox
  • Features a Launch Control, Performance Traction Management, Electronic Limited-Slip Differential, etc.
  • Sportier on the outside. A lot of aero elements – front splitter, rear spoiler, larger air vents
  • 20-inch wheels up front, 21-inch at the rear
  • Michelin Pilot Sport 4S ZP rubber as standard. 275/30 section at the front, 345/25 section at the rear
  • Brakes - 14.6-inch Brembo rotors at the front, 15-inch at the rear
  • To start around $90,000
  • Expected to arrive later this year

Barrett-Jackson Recorded $94 Million In Sales In A Single Day!

SOLD! Chevy Corvette Z06 VIN001 Fetches $3.7-Million At Barrett-Jackson Auction!
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Last Saturday was the eighth day of Barrett-Jackson’s 50th anniversary and the auctioneer recorded $94 million in sales, which included 300 cars going under the hammer successfully. Apart from the $3.7 million Chevy Corvette Z06, here are the other cars that were auctioned off for a seven-digit price figure:

  • 2004 Porsche Carrera GT – $1.98 million
  • 1955 Mercedes-Benz 300SL Gullwing – $1.87 million
  • 2015 Porsche 918 Spyder – $1.815 million
  • 2014 McLaren P1 – $1.705 million
  • 2019 Ford GT Heritage Edition – $1.65 million
  • 2019 McLaren Senna – $1,512,500
  • 2017 Ford GT ’66 Heritage Edition – $1.43 million
  • 2020 Ford GT Carbon Series – $1.375 million
  • 2014 Mercedes-Benz G63 AMG 6X6 Brabus B63S 700 – $1.21 million
  • 1967 Shelby Cobra 427 CSX 3356 – $1.21 million

Source: Barrett-Jackson

Sidd Dhimaan
Sidd Dhimaan
Senior Editor, Truck Expert, EV Expert - sidd@topspeed.com
Sidd joined the Topspeed.com team in 2017 as an intern and in less than a year he earned a full-time position as an associate editor and junior automotive expert. Fast forward to today, and he is currently serving as a senior editor, pickup truck expert, and EV expert.  Read full bio
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