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LG Motorsports GT2 Corvette

Lou Gigliotti made a valiant run in the American Le Mans Series over the last year and half, but the cost of running in the series as well as several other factors have led to the decision to put up for sale the #28 Riley GT2 Corvette. Recently repaired from the fire at Long Beach, the GT2 Corvette and a tractor-trailer full of parts is being offered for $425,000.

Despite listing the Corvette for sale, Lou still plans to return to the track in the Black and Flames #28 Corvette for a run at the 10 hour/1,000 mile Petit Le Mans at Road Atlanta although we may even see him even sooner at Mosport.

According to Lou, the cost of running in the series makes it extremely difficult to be competitive. Lou also cites interference from GM Racing in both their Le Mans application and their inability to get secure Michelin as a tire supplier as a contributing factor as well:

“The fact that we could never get Michelin tires is a factor and the interference of GM Racing in the effort to get Michelins is the final straw that is chasing us out. GM was also instrumental in making sure that our Le Mans entry was denied because of the Riley lawsuit.” Gigliotti adds “I don’t want to whine but it is clear that GM never wanted us to be competitive in GT2 once they made the decision to enter the class. So keeping Michelin tires out of reach made it easy for them.”

Lou has proven he can run as fast as the Porches and Ferraris in GT2 and says the car has been totally rebuilt following Long Beach and is better than it was when originally built by Riley. This is good news if you want to own the very first ALMS GT2 Corvette. Interested parties should call Lou at 972-429-1963. Think about this, you could be driving this Corvette at Road Atlanta in the Petit Le Mans. Live the dream! Although the LG Motorsports team has made changes to the Corvette over the last two seasons to shed pounds and make the car competitive, you can still get details of the GT2 Corvette platform from Riley Technologies


[VIDEO] LG Motorsports GT2 Corvette Catches Fire at Long Beach
[VIDEO] #28 LG Motorsports GT2 Corvette Qualifying in St. Pete

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Friday’s Featured Corvettes for Sale

by Keith Cornett on May 22, 2009

1989 Corvette Coupe for Sale at

Memorial Day weekend is here which means that the Corvette cruise and show season is officially open. What? You don’t have a ride yet for Summer? You need to look no further than to find your new Corvette and the market has never been more favorable than now. The classic Corvette segment continues to shine and the preowned market is providing some of the best deals in a generation.

You’ll find the greatest selection of new and classic Corvettes at, the Internet’s original Corvette classifieds website. The beautiful C1-C6 examples you see here are just a sample of the 500+ Corvettes available now. Want to learn more? Click on the photo or link to read the full ad, view more photos and contact the seller.

1959 Corvette Convertible For Sale 1965 Corvette Convertible For Sale 1972 Corvette T-Top For Sale
1959 Convertible
Email for Price
1965 Convertible
1972 T-Top
1989 Corvette Coupe For Sale 2003 Corvette Hardtop For Sale 2006 Corvette Coupe For Sale
1989 Coupe
2003 Z06
2006 Coupe

Selling Your Corvette? Now is the time and is the place to reach more qualified Corvette Buyers. Corvette Classified Ads are only $25 and your Corvette will run until its sells. You can post unlimited photos and you have access to make any changes at any time.


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1967 Corvette Roadster

Mecum Auctions just wrapped up their 22nd annual Spring Classic last weekend in Indianapolis and Corvette sales were rather brisk during the five day event. We counted 146 Corvettes available on the docket with 68 selling for a total of $2,879,150 and a sales success rate of 46%. Those are fairly strong numbers considering the economy.

The top selling Corvette was the 1954 EX-87 mule (Lot #F208) used by Zora to set a record at the Arizona proving grounds. The restored engineering car sold for $310,000. The second best seller is an auction favorite, a 1967 Corvette convertible (Lot #F236) powered by an 427/435 hp V8. Described as a matching numbers masterpiece, the Nabors Brothers restored C2 convertible has three NCRS Top Flight awards. The Lynndale Blue Corvette sold for $162,500. Third on the list was a 1958 Resto-mod (Lot #S33) that sold for $137,500. The C1 tubular frame Corvette is powered by a Z06 engine from an ’01 C5 and finished in a bright yellow exterior.

There were several significant Corvettes that failed to meet reserve during the 5-day auction and went unsold. The Corvette receiving the highest bid for Vettes during the entire weekend was a documented 1969 Fathom Green L88 427/430 Coupe (Lot #F229) that topped out at $425,000. A split-window 1963 Ermine White Corvette Z06 Tanker (Lot #S173) reached $300,000 and the very first Corvette on the 1960′s, 1960 Corvette roadster VIN #00001 reached $290,000.

Here is the Auction Results Sold List for the 2009 Mecum Spring Classic:

Lot # Year Description Price
W53 1986 Corvette Convertible 350/230 HP, Auto $7,500
W66 1984 Corvette Coupe 350 CI, Automatic $5,750
W75 1966 Corvette Convertible 327/350 HP $55,000
W79 2000 Corvette Convertible $15,500
W89 1989 Corvette 5.7L, Automatic $10,000
W96 1993 Corvette 2-door 350 CI, Automatic $13,250
W110 1987 Corvette Convertible Z-52 Package, 4-Speed $12,000
W113 1976 Corvette L82 Coupe 350 CI, Automatic $16,000
T9 1966 Corvette Coupe 327/300 HP, Automatic $35,000
T48 1993 Corvette 40th Anniversary $18,000
T65.1 1972 Corvette 2-door 454/270 HP, Automatic $19,000
T74 1958 Corvette Convertible 283/245 HP, 4-speed $52,000
T75 1974 Corvette Convertible 454/270 HP LS4, 4-Speed $25,000
T94 1995 Corvette Pace Car Convertible 5.7 V-8, Auto $27,500
T102 1972 Corvette Coupe 454 CI, 4-Speed $22,500
T106 1979 Corvette Coupe 350/350 HP, 3-Speed Auto $5,400
T126 1975 Corvette Convertible 350 CI, Automatic $14,250
T138 1971 Corvette 454/500 HP, Baldwin Motion Replica $28,500
T153 1963 Corvette Convertible 327/300 HP, 4-Speed $38,500
T159 1962 Corvette Convertible 327/250 HP, 4-Speed $45,500
T176 1979 Corvette Coupe 350 CI, 3-speed Automatic $11,500
T232 1966 Corvette Coupe 427/425 HP, 4-speed Manual $63,000
T267 1963 Corvette Coupe 327/250 HP, 4-Speed Manual $60,000
F13 1974 Corvette Convertible 350 CI, Automatic $16,500
F38 1961 Corvette Convertible 283/315 HP FI, 4-Speed $52,500
F43 1957 Corvette Convertible 283/283 HP FI, 4-Speed $79,000
F45 1967 Corvette Convertible 427/435 HP, 4-Speed $80,000
F76 1979 Corvette Coupe 350 CI, 4-speed $9,500
F78 1980 Corvette Coupe 350/190 HP, 4-Speed Manual $15,000
F86 1972 Corvette Coupe 350 CI, 3-speed Automatic $18,750
F104 1967 Corvette Convertible 427/400 HP, 4-speed $80,000
F110 1958 Corvette Convertible 283/290, 4-Speed Manual $59,000
F114 1966 Corvette Coupe 427/550 HP, 6-speed $73,000
F125 1965 Corvette Coupe 327/300 HP, 4-speed Manual $41,000
F128 1977 Corvette Coupe 350 CI, Automatic $14,250
F134 1972 Corvette Coupe 350/350 HP, 3-Speed Automatic $15,750
F141 1969 Corvette Coupe 350/300 HP, 4-Speed Manual $18,000
F151 1976 Corvette Coupe 350 CI, Automatic $11,250
F152 1996 Corvette Collector’s Edition Convertible $18,500
F181 1968 Corvette 427/435 HP, 4-Speed $43,500
F195 1998 Corvette Convertible First C5 Convertible $38,000
F197 2007 Corvette Z06 Coupe Ron Fellows Special Edition $80,000
F198 1994 Corvette Convertible Inaugural Brickyard 400 Festival Car $37,500
F199 2003 Corvette Convertible Indy Festival Car $33,000
F200 2005 Corvette Convertible Indianapolis 500 Track Car $43,500
F203 1966 Corvette Coupe Owned by Roy Orbison $33,500
F207 1988 Corvette Challenge Car, 1 of 56 $40,000
F208 1955 Corvette Duntov Test Mule EX-87 $310,000
F230 1957 Corvette Convertible 283/250 HP Fuelie, Auto $74,000
F235 1956 Corvette Convertible 265/225 HP, Automatic $52,000
F236 1967 Corvette Convertible 427/435 HP, 4-Speed $162,500
F243 1999 Corvette Coupe Lingenfelter 427 Twin Turbo $80,000
F269 1988 Corvette Convertible $22,500
S9 1975 Corvette 4-door Custom 350 CI, Automatic $25,000
S33 1958 Corvette Resto Mod 350/400 HP, 6-Speed $137,500
S78 1969 Corvette Coupe 427/435 HP, 4-Speed $36,500
S79 1966 Corvette Convertible 427/450HP 4-Speed $97,500
S89 1967 Corvette Convertible 427/390 HP, 4-Speed $71,000
S90 1969 Corvette Convertible 350/300 HP, 4-Speed $29,500
S217 1978 Corvette Indy Pace Car, 350 CI, Automatic $23,000
U5 1972 Corvette Coupe 350 CI, 3-speed Automatic $19,000
U8 1991 Corvette Coupe 350 CI, Automatic $16,500
U34 2001 Corvette Convertible 350 HP, Automatic $19,000
U71 1969 Corvette AA/GS Flip Top Gasser Stone Woods & Cooke Gasser, 454/1247 HP $22,000
U88 1954 Corvette Roadster $38,500
U94 1968 Corvette Coupe 427/390 HP, 4-Speed $41,000
U144 2000 Corvette Convertible $14,000
U165 1958 Corvette Convertible 283/270 HP, 4-speed $46,000

Mecum Auctions

Legendary EX87 Corvette Test Mule Offered at Mecum’s Spring Classic
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million

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Barn Find: 1960 Corvette Roadster

by Keith Cornett on May 18, 2009

1960 Corvette Barn Find

These pictures of a 1960 Corvette were posted online at the Corvette Forum by a member looking for some pricing help on what to offer the owner. According to the poster, the motor is gone, but 95% of the other parts that are off the car are in one of several boxes. At one time, a new front clip was installed. The Corvette has a 4-speed transmission and 31,200 miles are on the odometer. The owner has had it since 1970 and its been stored in this barn for the last ten years.

1960 Corvette Barn Find 1960 Corvette Barn Find 1960 Corvette Barn Find
1960 Corvette Barn Find 1960 Corvette Barn Find 1960 Corvette Barn Find
1960 Corvette Barn Find 1960 Corvette Barn Find 1960 Corvette Barn Find
1960 Corvette Barn Find    

Following the thread, we learned the seller said he was looking for $10,000 but wasn’t firm. The Forum member ended up buying the Corvette for $7,500. Our Corvette Price Guide puts the value of an average 1960 Corvette roadster at $50,400 and the 1 year appreciation is 7%. So let’s throw this question out to you. What do you think? Was this a good price for a 1960 Corvette in its present condition or should the buyer have run away from this potential basket case?

Corvette Forum

Google Street View Reveals 1963 Split Window Corvette Barn Car
Barn Fresh and Restoration Ready: 1962 Corvette Roadster
Barn Find: 1968 L-88 Corvette Convertible Racer

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Corvette Values: 1963 Corvette Convertible

by Keith Cornett on May 12, 2009

1963 Corvette Roadster

FA in Texas submitted this 1963 Corvette Convertible to Corvette Values:

1963 Corvette Sting Ray Convertible, VIN #30867S113XXX. 327/300 non-original motor, manual 4-speed transmission, 96K miles. Engine compartment in need of restoration. Transmission locked in reverse, mechanicals including brakes, clutch and suspension in poor condition. Electrical system needs to be rewired, Speedometer not working but tach, oil pressure and temperature gauges function correctly. The Corvette is painted Riverside Red and has a black vinyl interior. The Corvette was repainted sometime ago but is in excellent condition. The seats, carpet and dash are in good condition. Knock-off style wheels and a removable hard top that needs to be restored complete the options. The Corvette was purchased from a dealer and has mostly been sitting since 1984. No documentation or owner history available.

Find out how we valued this Corvette after the jump.

1963 Corvette Roadster 1963 Corvette Roadster 1963 Corvette Roadster

1963 Corvette Roadster with VIN #30867S113XXX. The VIN indicates this Corvette was built in April 1963, the eighth month of 1963 Corvette production. The mileage is stated to be over 96,000 miles.

The paint color is Riverside Red, the original color, however the Corvette has been repainted. The condition of the paint can be termed good as are the seats, door panels and dash. The interior is Black in color. Also, the carpet appears to be in new condition but it was installed over a hole in the floorboard that was not properly repaired. The tachometer, oil pressure and temperature gauges are in working order.

The Corvette is powered by a non-original small block Chevrolet motor that has been modified. It is coupled with a 4-speed manual transmission that is currently locked in the reverse position. Other mechanicals are in need of repair or replacement including the wiring harness, exhaust, suspension, brakes, clutch and headlight lid motors. In general, the exterior and interior of this Corvette have been addressed but the under carriage and engine compartment need restoration.

The exterior body panels are correct with no modifications. The chrome bumpers are correct and in good condition.

The curb appeal of the 1963 Roadster is enhanced with the addition of knock-off wheels and new tires. This Corvette also has the removable hardtop that is in need of repair.

This Corvette was purchased from a Corvette dealer in 1984 and has been in storage until this year. No owner history or documentation is available.

We place a value of $25,000 on this 1963 Corvette Roadster. It has the potential of continuing to increase in value at 5% in average price on an annual basis.

Corvette Appraisals:
With rapidly changing Corvette values, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Source: Appraisal Service
Corvette Values: 1966 327/350 Corvette Roadster”>
Corvette Values: An Unrestored 1967 Corvette Roadster Technorati Tags:
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April 2009 Corvette Sales

by Keith Cornett on May 4, 2009

We received good news regarding new Corvette sales via GM’s monthly sales report. GM posted 1,407 deliveries of new Corvettes last month, the highest amount since September 2008 and the fourth straight month of growth. Sales of Corvettes climbed 18.9% over March 2009′s figure of 1,183. During the month, the total inventory of Corvettes available fell 9.4% to a total of 6,416 units available nationwide.


Wrecked 2009 Corvette ZR1 for Sale on eBay

by Keith Cornett on May 3, 2009

Wrecked 2009 Corvette ZR1 for Sale on eBay

There is a reason that new Corvette ZR1′s come with a free 2-day driving course at schools like Bondurant. There is a lot of power in the 638-hp supercharged Corvette and while there are many technological features designed to keep you in control, sometimes shit happens that can be hard to do. While we don’t know the details of what happened to this Corvette ZR1, we did surmise the following:

Man stomps on accelerator, Corvette ZR1 gets sideways and whacks something really hard. Insurance covers accident and Corvette is put up for sale on eBay.

So we finally have come to the moment in the Corvette ZR1 timeline that we can check-off seeing the first damaged car being sold on eBay. VIN #00427 is a 2009 Cyber Gray Corvette ZR1 that looks like it took a hit to the driver’s rear quarter panel. From the looks of things, that back wheel is gonna need a serious alignment.

The auction details tell of some of the damage:

  • Cracks on the left side in the rear tub assembly
  • Rear bumper cover is TORN.
  • The lower control arms on the left rear are bent.
  • This is a fantastic Corvette with numerous features. A sure to please.

The ZR1 in the auction does please with its ZR3 Premium Package and the low 1,227 miles on the odometer. So what does a slightly used, slightly damaged Corvette go for? The opening bid is $75,000 and there is a “buy-it-now” at $97,500.

2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1

The auction ends on May 12th. For details, check out the full auction listing on eBay.


[VIDEO] Hertz Corvette ZHZ Slams Into 8 Cars in Philadelphia
[VIDEO] C6 Corvette Side Impact Crash Test

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NCM to Auction First Competition Sport Corvette Z06

The National Corvette Museum will be raffling the very first 2009 Competition Sport Corvette (RPO CSC) which is a Blade Silver Z06 with Black stripes. The drawing will be held today at 2pm CST and according to an email sent yesterday, only 270 of the 500 tickets total have been sold so your odds of winning are extremely favorable. As the CSC Corvettes all come with a number signifying the build sequence, some lucky winner will get the chance to win #01.

2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06
2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06

The Competition Sport Corvette Z06 Package features:

  • Blade Silver/Black exterior
  • Ebony interior with Titanium embroidery
  • Corvette Racing “Jake” and “CRS” logos
  • Corvette Racing pedals from Genuine Corvette Accessories
  • Differential Cooler
  • Red painted brake calipers
  • Z06 tall spoiler
  • Head Up Display
  • R8C Museum Delivery

The winner will have the opportunity to take delivery at the Museum and participate in the R8C Delivery Program.

“We are excited to have the first produced representing this extraordinary Corvette model to use as a fundraiser,” states NCM Executive Director, Wendell Strode. “We appreciate the allocation from our friends at GM allowing us the chance to purchase this car for use as a fundraiser, and look forward to meeting the winner when they take delivery at the Museum. We hope that by continuing to offer these raffles to benefit the Museum, we are also giving someone an opportunity to become a Corvette owner that might not have had the opportunity.”

The Corvette raffles have become an important fundraising tool for the museum. The muesum actually purchases these Corvettes from the factory and then makes money from the difference in what it collects from the raffle ticket sales.

Tickets for the 2009 Competition Sport Z06 are $425 each and available online at at the Corvette Museum or by calling us at: (800) 538-3883.


Congratulations to William Leighton of The Woodlands, TX drawn this afternoon as the winner of the limited edition 2009 Competition Sport Corvette Z06! William held winning ticket number 054 and his odds were even better than expected because this raffle did not sell out. We sold 464 of the 500 tickets that were made available. William was shopping online in the Corvette Store and decided to take a chance. He has never visited the Museum before and looks foward to coming and taking delivery of this special edition Corvette. Thanks to everyone who participated in this raffle. Your next chance to win is coming up on May 7 when we will draw a winner for the 2009 Cyber Gray Corvette Coupe. Only 500 tickets are being sold at $250 each.

National Corvette Museum

Corvette Museum Selling 2008 Corvette Coupe VIN #000001
2009 Corvette Competition Sport Package Pricing Revealed
My Hot Lap Around Sebring in a 2009 Competition Sport Corvette

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Legendary EX87 Corvette Test Mule Offered at Mecum's Spring Classic

Chevrolet Dealer and noted Corvette Collector Bob McDorman will be bringing 25 unique cars to Dana Mecum’s Spring Classic in Indianapolis in mid-May. Among those cars is the first true high-performance Corvette in history, the 1954 EX87 test mule that Corvette’s first Chief Engineer Zora Arkus-Duntov drove to 163 mph at the Arizona Proving Grounds.

It was in the mid-1950’s that Zora Arkus-Duntov had Daytona legend Smokey Yunick install an experimental V8 engine into a 1954 Corvette test mule. Following that test, EX87 was reissued a new tracking number of 5951 and was returned to Zora at Chevrolet Engineering to prepare for a high-speed record run at Daytona Beach in January 1956.

Duntov modified the Corvette by replacing the windshield with a curved Plexiglas windscreen and fitting a fiberglass tonneau cover over the passenger side of the cockpit. Zora also fabricated a fiberglass headrest-tailfin for high speed stability.

Zora then went to work on the engine, increasing displacement from 283 to 307 ci and ordered a special camshaft from Engineering before loading EX87 onto a trailer and heading for GM’s Arizona Desert Proving Ground.

Engineering delivered “Duntov’s Cam” to the proving grounds and once installed, the test mule set a new record of 163 miles per hour. That cam became know as the “Duntov Cam”.

Once testing at the proving grounds was completed, the engine was pulled and installed in another famous Corvette #6901 which set a new record at Daytona with a run of 150.583 mph.

Following the death of Smokey Yunick in 2001, his widow called friend Steve Tate and said she had “some stuff around the shop” and to come see if there was anything he wanted. Among that “stuff” was an engine marked “Record Run”, the same engine Smokey installed in EX87/5951.

Tate tracked down the car and purchased it and its original Chevrolet experimental log book. Tate restored the Corvette and reunited it with the engine that set records so long ago. Upon completion, the Corvette was featured at the 2003 Bloomington Gold Corvette show.

EX87 Corvette Test Mule EX87 Corvette Test Mule EX87 Corvette Test Mule
EX87 Corvette Test Mule EX87 Corvette Test Mule EX87 Corvette Test Mule
EX87 Corvette Test Mule EX87 Corvette Test Mule  

The 1954 EX87 Corvette is one of the featured cars being auction by Mecum at the company’s Spring Classic in Indianapolis on Friday, May 15th. The auction will be part of the Mecum’s Muscle Cars and More TV show on HD Theater. Visit Mecum Auctions for more info and the car list for the Original Spring Classic Auction.

Mecum Auctions

Auction Preview: 1957 COPO Air-Box Fuelie Corvette Racer
Auction Preview: 1965 Caplan/Gulstrand Corvette Racer
[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
Breaking News: Corvette Grand Sport #002 Fails to Reach Reserve

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Corvette Values: 1979 Corvette T-Top Coupe

by Keith Cornett on April 23, 2009

1979 Corvette Coupe

ML from Indiana submitted this 1979 Corvette T-Top Coupe to Corvette Values:

1979 Corvette, VIN #1Z8789S443XXX, original L48 350 cubic inch V8, automatic transmission, 58,905 miles. Power steering, brakes, door locks and windows, telescopic steeering and AC. Classic White paint is in good condition as well as the red interior. Original owners manual, but no other documentation exists.

Find out how we valued this Corvette after the jump.

1979 Corvette Coupe 1979 Corvette Coupe 1979 Corvette Coupe

1979 Corvette T-Top, VIN #1Z8789S443XXX. The Vin indicates it was built late in the 1979 Corvette model production year assuring that any modifications or engineering changes would have been included in this Corvette.

Mileage of 58,905 is reported as original and correct; this is very low for a 1979 vintage Corvette.

This T-Top Corvette is Classic White in color, the paint being termed in good condition. The body panels are totally original reflecting no modifications. The White paint is complimented by a Red leather interior, also in good condition.

The 1979 Corvette T-Top is powered by the original L48 motor (350 ci/195 hp) that was the base motor in 1979 as indicated by the fifth digit in the VIN #, 8=L48 motor. This motor is coupled with an automatic transmission, a combination selected by the majority of the 1979 Corvette buyers.

This Corvette is well equipped with many of the comfort and convenience options including power steering, brakes, windows, door locks, tilt-telescopic steering column and air-conditioning.

The original radio has been replaced by an after-market unit, however the radio housing has not been modified.

From a documentation perspective, the original owner’s manual is intact.

We place a value of $12,000 on this Corvette. From a substantiation perspective, first quarter 2009 auction results indicate the appraisal value is correct. Also of interest is that the one-year appreciation factor for the 1979 Corvette is 4%.

Corvette Appraisals:
With rapidly changing Corvette values, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Source: Appraisal Service
Corvette Values: 1972 Corvette Roadster with a 454ci V8
Corvette Values: 11-mile 1978 Corvette Pace Car
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