RM Auctions announced that its Sports & Classics of Monterey Auction will feature a new 2009 Corvette ZR1 to benefit the Texas non-profit relief agency GRACE. The Monterey auction will take place August 15-16 at the Portola Hotel and Spa and coincides with the Pebble Beach Concours d’Elegance. RM’s Monterey auction is one of the largest classic and exotic car auctions in the country. Last year’s Sports and Classics auction saw 190 cars sell for $46 million including 10 Corvettes that combined for just over $1 million in sales.
This will be the second time that the Corvette ZR1 has been featured at a high profile public auction with the proceeds benefiting a charity. Earlier this year, car dealer Dave Ressler paid $1 million dollars at Barrett-Jackson’s Scottsdale auction to own the first retail Corvette ZR1. Our video of that auction auction is below:
The Corvette ZR1 that will be offered at Monterey is Victory Red and is provided by RM Auctions in association with the Thompson Group at Classic Chevrolet. The GRACE charity provides the food, clothing and other assistance to people in emergency situations.
With the Corvette ZR1s hitting the open market, we doubt this auction will generate a selling price anywhere near the Barrett-Jackson auction. Still, this could be a great opportunity for a well-healed buyer to not only become one of the first Corvette ZR1 owners in the country, but do some good for the neighborhood in the process.
Auction details can be found at RM Auctions.