Video: Corvette C8 Z06 Hits $3.6-Million On The Auction Block

Video: Corvette C8 Z06 Hits $3.6-Million On The Auction Block

On Saturday, January 29, 2022, Chevrolet rolled a preproduction 2023 Z06 across the auction block at Barrett-Jackson in Scottsdale, Arizona. The auction winner would receive the first C8 Corvette Z06 (VIN #0001 and not a preproduction model) scheduled to be built later this summer.

C8 Z06 Image courtesy of Barret-Jackson

Sean Finegan, Corporate Events & Vehicle Distribution at General Motors (GM), said, “The winning bidder will not only get the very first ever built Z06 mid-engine VIN 001, it will be a 70th Anniversary number one.” Meaning, as an added bonus, the first production Z06 will also be the 70th Anniversary trim package released a week ago, making this Corvette even more desirable if that’s possible.

While the new C8 supercar was expected to bring a price tag of around $1,000,000, it didn’t take long to figure out that it would fetch a lot more than that. In fact, the car hit the $1,000,000 mark in less than one minute after the bidding started. The C8 racked up a staggering $3.6-million before the bidding ended, with the winner being NASCAR team owner Rick Hendrick, who also won the bid for the first-ever C8 Stingray two years ago.

C8 Z06 Image courtesy of Barret-Jackson

This auction was historic for a couple of reasons. First off, Mr. broke his record when he placed the winning bid for the first production, C8 Z06. The previous record was a $3,000,000 winning bid for the first production 2020 Corvette C8. Secondly, GM donated this vehicle for auction. All of the proceeds will benefit Operation Home Front, a nonprofit organization that aids post 9/11 wounded military families and veterans with housing support and financial assistance.

About the author

Brian Havins

A gearhead for life, Brian is obsessed with all things fast. Banging gears, turning wrenches, and praying while spraying are just a few of his favorite things.
Read My Articles

Late Model LS Power in your inbox.

Build your own custom newsletter with the content you love from LSX Magazine, directly to your inbox, absolutely FREE!

Free WordPress Themes
LSX Magazine NEWSLETTER - SIGN UP FREE!

We will safeguard your e-mail and only send content you request.

LSX Magazine - The Late Model GM Magazine for Camaro

lsxmag

We'll send you the most interesting LSX Magazine articles, news, car features, and videos every week.

LSX Magazine - The Late Model GM Magazine for Camaro

LSX Magazine NEWSLETTER - SIGN UP FREE!

We will safeguard your e-mail and only send content you request.

LSX Magazine - The Late Model GM Magazine for Camaro

lsxmag

Thank you for your subscription.

Subscribe to more FREE Online Magazines!

We think you might like...


chevyhardcore
Classic Chevy Magazine
dragzine
Drag Racing
enginelabs
Engine Tech

LSX Magazine - The Late Model GM Magazine for Camaro

Thank you for your subscription.

Subscribe to more FREE Online Magazines!

We think you might like...

  • chevyhardcore Classic Chevy Magazine
  • dragzine Drag Racing
  • enginelabs Engine Tech

LSX Magazine - The Late Model GM Magazine for Camaro

lsxmag

Thank you for your subscription.

Thank you for your subscription.

LSX Magazine - The Late Model GM Magazine for Camaro

Thank you for your subscription.

Thank you for your subscription.

Loading