The 1961 Corvette Gulf Oil race car was one of the centerpieces of Mecum’s 2012 Kissimmee auction and it drew massive attention when it hit the auction block Saturday afternoon. Bidding on the Grady Davis Gulf Oil-sponsored Corvette was fast and furious at the beginning but eventually stalled at $850,000 and the car went unsold. The reserve was undisclosed and the auctioneer only said that it would take “more”.
The Corvette Daytona Prototypes made their inaugural debut at the 50th Rolex 24 Hours at Daytona. After a brutal 24 hours of round-the-clock racing, the No. 5 Action Express Corvette DP led the way for Team Chevy and the Corvette DPs with a 5th place overall finish. Corvette Racing’s factory drivers in the No. 90 Spirit of Daytona Racing Corvette DP finished 8th while in GT, Tommy Milner and Jordan Taylor in the No. 88 Autohaus Camaro GT.R finished 10th in class.
Chevrolet is giving away 20 cars and trucks – including a 2012 Corvette Grand Sport Convertible – from now until the end of Super Bowl XLVI. To be in contention for one of the prizes, you need to download the Chevy Game Time app and complete the registration to receive your own special “license plate”. If your license plate is drawn before the game or is shown in one of the Chevrolet Super Bowl commercials run during the game, you win!
Chevrolet is ready to kick off the GRAND-AM Racing 2012 season as five new Corvette Daytona Prototypes are ready for their first combat mission at this weekend’s Rolex 24 at the Daytona International Speedway. The five Corvette DPs will allow Chevrolet to challenge for the overall win at the Rolex 24 for the first time in 11 years. Also competing at the Rolex 24 under the Team Chevy banner are three Camaros running in the GT class.
It didn’t quite reach the pre-auction expectations, but the third-oldest Corvette in existence still sold for a whopping $445,500 at the RM Auction in Arizona on Friday, Jan. 20, 2012. The car was predicted to sell for between $450,000 and $650,000 but fell short of those targets – though still one of the highest priced 1953 Corvettes ever sold.
Over the past six years, Car and Driver has brought 115 production cars to Virginia International Raceway (VIR) 4.1 mile Grand West Course. The result is an American-style Nurburgring-like timed lap test called the Lightning Lap. Currently, the 2010 Corvette ZR1 sits 4th fastest on the list with only a Viper ACR and two Moslers that have run faster. We were excited to see how the 2012 Corvette ZR1 tested with the new Michelin Pilot Sport Cup tires would compare to its previous lap time and the results do not disappoint.
The sun has barely set on all of the Arizona collector car auctions, but we’ve still got one more event to go before the 2012 calendar rolls over to February. Mecum’s monster 2,200 car Kissimmee, Florida auction begins Tuesday, January 24th at 11am and runs through Saturday, January 28th. Velocity will have 32 hours of live coverage starting on Wednesday the 25th.
We tuned in to Saturday evening’s live stream of the Russo and Steele auction to catch some of rare Corvettes that were offered for sale. This 1968 L88 Corvette Roadster was one of the major attractions at the Scottsdale auction and it sure didn’t disappoint, selling for a cool $625,000. With the 10% buyer’s commission, price out the door was $687,500.
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For years Corvette experts, restorers, and judges have debated the topic of engine stamp pads. Who would have thought that such a small area of metal with some numbers stamped in it could cause so much debate? As the Corvette hobby and vehicle values have grown there’s been an increasing focus on OEM stamps from the plant versus restoration restamps and outright fraud. In response to all the discussions, Bloomington Gold has come up with a series of standards to address this controversial topic.