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Mecum is still the middle of their Monterey auction but once we saw the 1967 Corvette Coupe equipped with the 1 of 16 L89 aluminum heads on the 427/435 hp V8 sell for $205,000, we’re proclaiming that the deal of the year. Known as the “Ed Cole” Corvette, the car was ordered in 1967 by the neighbor of GM’s General Manager Ed Cole who recommended the rare L89 option.

Ed Cole took care of his neighbor by outfitting the Corvette for the ultimate driving experience. In addition to the L71 427/435 V8 with the L89 heads, the Corvette was also optioned with finned wheels, F41 suspension and a 3.55 positraction rear end. The result was a final price of nearly $6,500.

When the car was delivered to Frank Driver Chevrolet in Wilmington Delaware, employees recall that it was accompanied by more special handling instructions than anyone had seen previously, all of them directly from Ed Cole.

The Cole Corvette most recently appeared at the Bloomington Gold auction just two months ago where it was bid up to $550,000 but failed to sell as the reserve was reportedly $1 million. At the end of the Corvette’s auction at Monterey, the ring announcer called the reserve was off and mentioned that it was also set at $1 million.

Because of the huge difference in the numbers and especially the difference between Bloomington’s high bid and the sale price at Monterey, we have to guess that this was a distress sale. We have no word yet who the buyer was.

The Corvette has been restored to Concours condition and comes with a ton of documentation including copies of the paperwork and the Protect-O-Plate. Also included is a letter from 1982 from the original owner answering a questionnaire about the Corvette.

Read the entire auction catalog entry about the history of the 1967 L89 Coupe known as the Ed Cole Corvette.

The Ed Cole 1967 Corvette Coupe L89 The Ed Cole 1967 Corvette Coupe L89 The Ed Cole 1967 Corvette Coupe L89
The Ed Cole 1967 Corvette Coupe L89 The Ed Cole 1967 Corvette Coupe L89 The Ed Cole 1967 Corvette Coupe L89
The Ed Cole 1967 Corvette Coupe L89 The Ed Cole 1967 Corvette Coupe L89  


Source:
Mecum

Related:
Corvette Auction Results: Mecum’s Muscle Cars and More at Des Moines, IA
Bloomington 2009: Harley Earl’s 1963 Corvette a No Sale at $985,000 Bloomington 2009: Mecum Sells $5.2 Million in Corvettes at Gold Auction

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Saturday Morning Corvette News Roundup

by Keith Cornett on August 15, 2009

1963 Corvette for sale at Mecum Auction in Monterey

Check out our Saturday morning round-up of several Corvette-related events happening today including auctions, racing and cruises.


Mecum’s Live Webcast from Monterey
Mecum will be broadcasting their Mecum at Monterey auction today beginning at 1pm EST (10am PST). The list of Corvettes for sale includes a 1953 Roadster and some quality C2s and early C3s with a several being L88s and L89s. Several Corvettes that appeared at Bloomington but were no sales are also on the docket including the Harley Earl, Bill Mitchell and Ed Cole cars. For details and to watch the auction, visit Mecum.


Corvette Racing Qualifying at Road America
The GT2 Corvettes are back in action this weekend at Road America in Elkhart Lake, Wisconsin. The teams take to the track at 3:10 for qualifying and you can see the session streamed live on SPEED or listen on Radio Le Mans. Friday’s test session has the Corvettes running third behind BWM and Porsche with only 0.7 seconds separating the top three.

Also check out SPEED’s John Dagys ALMS Friday Notebook which shows the C6.Rs getting larger fender flares.


Corvette Grand Sports at the Woodward Dream Cruise
Today’s the big day for the Woodward Dream Cruise in the Detroit Michigan area and the Grand Sport Registry has put together a large gathering of the 1996 C4 Admiral Blue Corvettes. Although registration is closed, you can check them out parked near 11 Mile & Woodward in Royal Oak sometime after 12:00 noon. Check out this pic from Jalopnik.


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Related:
Corvette Racing’s GT2 C6.Rs Head to High-Speed Road America

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I felt a great disturbance in the Force, as if 350 cubic inches suddenly
cried out in terror and then were silenced…

via Jalopnik

 

The Corvette ZR1 was Chasing a Lamborghini Murcielago LP670-4 SV

As one of the first sites to share Autocar.co.uk’s “What is this Corvette ZR1 Chasing?” video, we were amazed with the fact that another car was keeping the mighty Corvette ZR1 at bay. Turns out that other car was a Lamborghini Murcielago LP670-4 SuperVeloce. Lighter than the Zed-R-One, the AWD Lambo features 30 more horsepower and was piloted by a factory driver while the Corvette was driven by a lowly automotive journalist. Seeing the two cars together on video, we’re more stuck by the fact the ZR1 appears to be much more of a driving enthusiasts car than the much costlier Lamborghini.


Source:
Autocar.co.uk via Autoblog

Related:
[VIDEO] What is this Corvette ZR1 Chasing?
Clarkson Selects Corvette ZR1 as his Car of the Year
[VIDEO] In Jay Leno’s Garage: The Corvette ZR1
[VIDEO] Corvette ZR1 Spanks GTR, 599 GTB and GT2 Head to Head

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”Corvette
Photo Credit: Autoblog

The two Corvette C6.Rs are fresh off their successful debut at Mid-Ohio and are now in Elkhart Lake Wisconsin where they will tackle the 4.048-mile high speed track known as Road America. This is a bit of a homecoming for the GT2 cars as Road America was one of the four tracks that the GT2 cars were tested prior to last week’s racing debut.

Road America is one of the favorite tracks for drivers as it features high speed corners and long straights. This track may play to one of the strengths of the GT2 car which appeared to be faster in the straights than some of the other GT2 competitors last weekend at Mid-Ohio.

“Road America is a much different circuit than Mid-Ohio,” said Oliver Gavin, driver of the No. 4 Compuware Corvette C6.R. “It’s a high-speed course, while Mid-Ohio is more of a medium-speed track. It’s still early days for Corvette Racing in GT2, and we’ll continue to learn where we stand in relation to the competition. It’s going to be tight and it’s going to be tough.

“Based on our experience at Mid-Ohio, the team will continue to make refinements,” Gavin said. “We’re still learning how to manage the tires and keep the car good to drive over a full stint. Based on our first run last weekend, I think everyone at Corvette Racing has done a brilliant job. Bring on Road America!”

Jan Magnussen and Johnny O’Connell won the GT1 class last year at the track in the #3 Corvette C6.R, but Mags knows this year’s challenge will be more difficult in the GT2 class:

“It’s completely different from Mid-Ohio in terms of where you need to be fast,” Magnussen explained. “If you don’t have the top speed, the long straights at Road America will be difficult. We’ll see if we have an issue there – I certainly don’t think we will. Our test at Road America went very well, and the car handled beautifully in the high-speed sections.”

Team Manager Gary Pratt also weights in on the successful debut of the GT2 Corvettes at Mid-Ohio:

“Both cars ran without any issues at Mid-Ohio, and that’s a good, good start for a brand-new car,” Pratt said. “We still have a little way to go to catch the competition, and we’ll keep working at it.”

This year’s event at Road America also features the return of the Corvette Challenge II bike race to help fight cancer. The race within a race takes place later today and will feature Corvette Racing Program Manager Doug Fehan taking on Jan Magnussen and SPEED TV Commentator Calvin Fish in a one-lap winner-take-all race around the 4 mile track.

Fans can show their support for Fehan, Magnussen and Fish by pledging a donation. Funds raised will support the Lance Armstrong Foundation, the Austin Hatcher Foundation, the late Paul Newman’s Hole in the Wall Gang Camp, and the Vince Lombardi Cancer Clinic. The 2 hour 45 minute race at Road America will take place on Sunday, August 16th at 3pm EST with SPEED TV providing live race coverage.



Source:
Corvette Racing


Related:
[VIDEO] Corvette Racing’s C6.R GT2 Debut at Mid-Ohio 2009
Corvette Racing: #3 Corvette C6.R Earns 2nd Place GT2 Finish at Mid Ohio
Corvette Racing: Inside the GT2 Corvette C6.R
A New Era: Introducing Corvette Racing’s GT2 ZR1 C6.R

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Corvette Stingray Concept

Well, well. It seems that the Corvette Stingray Concept featured in Transformer’s Revenge of the Fallen is the gift that keeps on giving. The latest look comes from Los Jalopnik himself Ray Wert who was able to get inside the concept and then take it for a spin. In the process we learn a little more about chances for a repeat performance as the new C7 Corvette in 2012.

Transformer's Corvette Stingray Concept Transformer's Corvette Stingray Concept

This concept is powered by a hybrid power train with electric power for in-city driving or switch to the V8 for high performance driving situations. Even with the V8 power, the engine will deliver even higher fuel economy with its ability to deactivate cylinders. Of course all this is conceptual but it shows how the power train teams are looking to the future.

Although the Stingray Concept is relatively new to the scene, it was actually penned six years ago by Tom Peters who followed it up by designing the new Camaro. That explains some of the similarities found on both cars, most notably the front-end defining egg crate grilles. Peters spoke with Wert about the Stingray and the C7 Corvette:

Said Peters, “it’s not the C7…that’s not to say there aren’t elements here that can translate into what the C7′s about. There’s no parameters to this concept…our goal…I would tell my team, guys, go kick that car’s ass. Go beat that.”

While that sounds like a definitive NO! on the “Stingray as C7″ debate, we’re still way early in the game to say that Kirk Bennion’s exterior design team won’t want to incorporate some of the defining lines and shapes found on the popular Transformers Concept.

We do hope they incorporate some of the technology featured inside the Corvette Stingray Concept. While most of it is described as currently available, some of the conceptual features are straight out of a science fiction movie. The instrument gauges feature 3D graphics and ambient lighting. In addition to the stereo and Nav unit, the central display also features a graphical PDA complete with “friend” pictures and connect to a home internet link to send out some tweets.

Check out the Jalopnik’s full review of the Corvette Stingray Concept

Source:
Jalopnik

Related:
Motor Authority’s Next Generation C7 Corvette Rendering
Lighter, Greener Corvette on the Horizon
Late Night Speculation: C7 Corvette Moving to Kappa Platform?

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Corvette Racing's Johnny O'Connell Interview From SPEED's Wind Tunnel

Corvette Racing’s Johnny O’Connell, fresh off the team’s #2 podium finish at the Acura Sports Car Challenge at Mid-Ohio, had the folks from Dave Despain’s Wind Tunnel on SPEED over to his house for a chat about the new GT2 car, future prospects of racing at Le Mans and the Green Challenge.



Source:
SPEED


Related:
[VIDEO] Corvette Racing’s C6.R GT2 Debut at Mid-Ohio 2009
Corvette Racing: #3 Corvette C6.R Earns 2nd Place GT2 Finish at Mid Ohio
Corvette Racing: Inside the GT2 Corvette C6.R
A New Era: Introducing Corvette Racing’s GT2 ZR1 C6.R

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C7 Corvette Rendering

In a move to shore up public confidence following its stint in bankruptcy court, General Motors on Tuesday unveiled its 2-year product plan for the four core brands: Chevrolet, Cadillac, Buick and GM. Included in the Chevrolet news is that production of the C7 Corvette will start in April 2012 for the 2013 model year. GM also added that the Corvette will maintain the front-engine layout that has defined the sports car for 57 years.

This is great news as earlier estimates had pushed back the C7 through 2014. This also means that the Corvette Team will now have the resources and the corporate edict to move full speed ahead on a new design that could see changes to America’s sports car that include a smaller, lighter body, greater use of advanced weight-saving materials like carbon fiber, aluminum and magnesium and perhaps a smaller engine but one that will still provide the power-to-weight ratio that Corvette owners have become accustomed to. Superchargers for everyone?

At the Birthday Bash earlier this year, Corvette Chief Engineer Tadge Juechter reassured the enthusiast gathering that the team is always thinking about the next generation Corvette and how to make it better. Now that the mid-engine layout has once again been tossed aside, Tadge’s engineering team will have essentially just a couple of years to make these engineering decisions and test them in mules which we could see as early as 2011.

As for the actual design of the car, prior this summer we believed the new C7 will again be more of a transition of the C6 body style. However, the public and Corvette enthusiasts were immediately smitten with the Transformer’s Corvette Stingray Concept introduced earlier this year at the Chicago Auto Show. Perhaps the design team will see that owners would accept more of a radical departure from the looks of the C5/C6.

Sources:
Automotive News

Related:
Motor Authority’s Next Generation C7 Corvette Rendering
Lighter, Greener Corvette on the Horizon
Late Night Speculation: C7 Corvette Moving to Kappa Platform?

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1968 Corvette L88 Scuderia Filipinetti Le Mans Racer

August is a busy month for most of the preeminent automotive auction houses and RM Auctions is no exception. This weekend they host their highly anticipated Sports & Classics of Monterey event in Monterey, California. One of the Corvettes that will be offered for sale is the 1968 Chevrolet Corvette L88 “Scuderia Filipinetti” Le Mans race car which is expected to fetch in the neighborhood of $500,000 – $700,000.

The Corvette L88 Scuderia Filipinetti Le Mans Racer holds a significant place in Corvette’s racing history. With a coil spring front suspension and an L88 engine prepped by Zora Arkus-Duntov and smuggled out the back door to circumvent GM’s ban on racing, the L88 was driven at the 1968 24 Hours of Le Mans by Henri Greder and Umberto Maglioli. The car dominated the Porsches and led the GT class until the 6th hour when a carburetion problem melted a piston.

The Corvette returned to Le Mans in 1969 where it again dominated the competition and led the GT class for 16 hours before it retired due to another mechanical failure. Greder then drove the L88 Corvette that September in the Tour de France, a 5,000 km marathon over nine days including 11 events at 9 different tracks. Despite a constant engine misfire, Greder and co-driver Vigneron captured seven of the eleven events. This account of the race at Clermont is awe-inspiring:

Despite encountering a constant engine misfire which replacing the carburetor, plugs, wires and even the gas tank didn’t cure, Greder and his co-driver Vigneron captured seven of the eleven events (Nürburgring, Rouen, Le Mans, Cap Fréhel, Charade, Albi and le Tourmalet).

At Clermont they finally swapped the distributor for one from a Camaro and the L88’s power returned. Starting the race at Clermont Ferrand (then known as Charade) from the back of the field, Greder (“I was very tired, and so happy to have the power back,” he recalled) passed every car on the straight after the start, went straight across the next two corners, spun and backed into a utility pole. Restarting, again at the back of the field, the rejuvenated Corvette (its driver’s enthusiasm unconstrained by the tachometer, which didn’t work after the distributor swap) charged through the field, catching Gerard Larrousse’s leading Porsche 911R at the start-finish line at the end of the first lap.

“Larrousse said he thought I was out for good and was so startled when he saw me in his mirrors he almost went off,” Greder remembered. But it was too late to catch Larrousse in the overall standings. Greder and the Corvette finished second and won the GT category earning the description “La phénoménale Chevrolet Corvette” in Maurice Louche’s history of the Tour de France Automobile.

The L88 Corvette was then sold to Jean-Claude Aubriet who campaigned it four more times at Le Mans from 1970-73, finishing as high as 18th overall and 2nd in class. The L88 Scuderia Filipinetti Le Mans Racer holds the record at Le Mans for single chassis starts (six).

Today the Corvette has been restored and now sports a 70′s vintage 454 made to look like the classic L88. It retains the coil spring front suspension developed by Zora as well as its M22 “Rock Crusher” close ratio gearbox and J56 heavy duty brakes. Documentation includes copies of the original A.C.O. entry forms from its six appearances at Le Mans.

Check out the new GT2 Corvette C6.R photos and the official press release after the jump.

1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel
1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel
1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. Photo Credit: Darin Schnabel
1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer. 1968 Corvette L88 Scuderia Filipinetti Le Mans Racer.

The full auction catalog description is a must-read for any Corvette racing enthusiast. The 1968 Corvette L88 Coupe will be auctioned on Saturday, August 15, 2009.


Source:
RM Auctions


Related:
[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
1962 Gulf Oil Corvette Sells for $1.485 Million at Pebble Beach

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Corvette Racing's C6.R GT2 Debut at Mid-Ohio 2009

Corvette Racing’s solid performance in their GT2 class debut at the 2009 Acura Sports Car Challenge raised a lot of eyebrows and puts the ALMS on notice: Jake is here and we take no prisoners! Magnussen and O’Connell get the #2 podium spot while Gavin and Beretta finished 4th. Check out Corvette Racing’s highlights from Mid-Ohio.

Sponsored By:

Bondurant School of High Performance Driving


Source:
NBC Sports


Related:
Corvette Racing: #3 Corvette C6.R Earns 2nd Place GT2 Finish at Mid Ohio
Corvette Racing: Inside the GT2 Corvette C6.R
A New Era: Introducing Corvette Racing’s GT2 ZR1 C6.R

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