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1967 Corvette Sting Ray Burnout at Bloomington Gold

It’s always fun when you see a guy riding a classic Corvette hard. In this video from last weekend’s Bloomington Gold parade, the owner of this Riverside Red ’67 Coupe decides to show how a real burnout is done.

From Corvette Forum Member 67-427ci:

Saturday evening we were invited to attend a picinic held by the Fox Valley Corvette Club which is quite a gathering out in the country. The parade of approximately 500 corvettes goes past the picinc site and is quite a site to see. A few volunteers are out at the road to help control traffic while more cars than I can count stop and do their best attempt at a burnout. Since there were no good C2 attempts made some old guy in a Red Coupe gave it a try.

Stones, indeed!


Source:
67-427ci@Corvette Forum

Related:
[VIDEO] God Bless America: L88 Corvettes on Parade Technorati Tags:
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This 1963 Grand Sport Corvette Replica Sold for $61,000

Mecum concluded their two day Bloomington Gold auction on Saturday afternoon. It will be a memorable auction not for what sold, but for what didn’t sell. Only 108 of the 286 Corvettes sold which translates to a 38% success rating. However, many of the featured Corvettes didn’t reach reserve which makes us wonder if buyers were holding back or if sellers were asking too much.

The top seller for the weekend was a 1968 L88 Corvette Coupe with a Bloomington Gold Survivor award that sold for $300,000. Second on the list was a 1967 L71 427/435 Corvette that sold for $195,000.

Many of the top Corvettes listed failed to meet their reserve price. As we said earlier, we don’t know if buyers were holding back or if sellers were being unrealistic, but the fact remains that both camps would only buy or sell if the price was right.

The main attraction was Harley Earl’s 1963 Corvette Convertible. The bidding for the former Head of GM Design’s personal Sting Ray reached $985,000 but the reserve was said to be $1.3 million. Ed Cole’s former 1967 big block reached $550,000 but the reserve was said to be $700,000. The 1971 Corvette ZR2 Convertible reached $500,000 in bidding with the reserve set at $700,000.

The 108 cars that did sell over the two day auction totaled $5,226,550. Compared to last year’s Bloomington Gold auction that saw 138 Corvettes sell for a total of $8,745,619 and a sales success of 47%, I would say that the Corvette investment market has definitely been impacted by the downturn in the economy over the last year.

Finally, reading the forums and listening to other accounts of the auction, we heard the following:

Corvette Dealer Bob McDorman was upset that the Callaway Speedster he auctioned was sold for $115,000. According to a second hand source, McDorman wasn’t paying attention when asked whether he wanted to lift the reserve on this rare car and only after consenting to removing the reserve and the gavel falling did he realize what happened. Rumor has it he was recently offered $150,000 for the unique Series 1 Speedster.

Many reported to see on the Discovery HD television coverage a 1962 Corvette bump the wall of the facility while making its way off the auction block on Friday. A Corvette forum member did inspect the Corvette later and found no noticeable damage to the car.

Here are the results from Mecum’s 2009 Bloomington Gold Auction.


Source:
Mecum

Related:
Bloomington 2009: Harley Earl’s 1963 Corvette a No Sale at $985,000
Bloomington 2009: 1968 L88 Corvette Sets Auction High Selling Price at $300K
Bloomington 2009: Twin-Turbo 1991 Corvette Callaway Speedster Sells for $115,000
Bloomington 2009: 1966 Corvette Convertible Sells for $83,500
Mecum’s Two-Day Corvette Auction at Bloomington Gold Show
Auction Preview: Mecum Selling Harley Earl’s 1963 Corvette Roadster

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43 Years Ago Today a Young Man Buys A 1966 Corvette

Today is the 43rd anniversary of my father’s purchase of a Tuxedo Black 1966 Corvette from Rohrer Chevrolet in Camden, New Jersey. If you are a new reader of CorvetteBlogger, my original post on this topic from June 2007 will tell you a lot about me and my love of Corvettes. It also gives me a chance to pay tribute to my day who I lost in 1982.

Read the original post: 41 Years Ago Today A Young Man Buys A 1966 Corvette…

 

Bloomington 2009:  Harley Earl's 1963 Corvette a No Sale at $985,000

The personal car belonging to legendary General Motor’s automotive designer Harley Earl was a no sale at Mecum’s 2009 Bloomington Gold auction. The Corvette convertible was the main attraction on Saturday where it was introduced with great fanfare. Bidding started at $400,000 for the custom Sting Ray and quickly climbed to the high bid of $985,000 before stalling. The auctioneer proclaimed a no sale (Mecum’s the bid goes on) as the seller set the reserve at $1.3 million.

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Bloomington 2009:  1968 L88 Corvette Sets Auction High Selling Price at $300K

Sales were very few and far between on the second day of Mecum’s High Performance Auction at Bloomington Gold. We’ll discuss this later when we tabulate the sales results. So when this 1968 L88 Corvette Coupe crossed the auction block, we weren’t getting our hopes up that the big block would sell. But the checkbooks came out for an original Bloomington Gold Survivor L88 and the $300,000 selling price was the highest price paid for a Corvette all weekend.

Here is the description of the L88 from Mecum’s catalog:

The dominant force of its time in SCCA and FIA competition, the L88 Corvette is still one of the wildest of any generation. With over 560 horsepower on tap at 5600rpm, the L88’s thumping powerplant far exceeded its factory-rated 430. Add its requisite F41 suspension, heavy duty disc brakes and indestructible Positraction rear end and the L88 was without peer.

Formerly a prominent piece of the Steve Hendrickson collection, this fabulous 1968 coupe embodies all the qualities dedicated collectors are searching for in their quest for the Holy Grail of Corvettes. In 1991 it collected an amazing NCRS judging score of 95.5 out of 100, and today it counts Bloomington Gold Silver and Survivor Certification awards in its well-documented history.

The car’s all-conquering L88 427 engine is complemented with the best from the 1968 equipment list, incorporating transistorized ignition, an M22 “Rock Crusher” 4-speed, J50/J56 heavy-duty power disc brakes, N36 telescopic steering and N11 off-road exhaust. It all comes together wrapped in sparkling International Blue with a Dark Blue interior, both in extraordinary condition, and completed with Rally wheels with correct Red Stripe tires.

Climb into the Dark Blue cockpit, depress the clutch pedal and turn the key, and the L88 barks instantly to life, idling crisply and rewarding the driver with instantaneous throttle response. When everything is up to the right operating temperature, the car answers every command with immediacy only possible in a big block Corvette built specifically for competition.

Documentation includes the Bloomington Gold Survivor Certificate, NCRS judging sheet, chain of ownership, window sticker and Protect-O-Plate.

The L88 legend is still very much alive, and it absolutely thrives in this shining example of the King of Corvettes.

Highlights:

  • Rare 1968 L88 427 4-speed
  • International Blue with Dark Blue vinyl interior
  • All correct original codes and numbers
  • M22 “Rock Crusher” manual transmission
  • F41 suspension
  • J56 heavy duty brakes
  • N11 off-road exhaust
  • A01 Soft Ray tinted glass
  • Telescopic steering column
  • Red Stripe tires


Source:
Mecum High Performance Auctions

Related:
Bloomington 2009: Twin-Turbo 1991 Corvette Callaway Speedster Sells for $115,000
Bloomington 2009: 1966 Corvette Convertible Sells for $83,500
Mecum’s Two-Day Corvette Auction at Bloomington Gold Show
Auction Preview: Mecum Selling Harley Earl’s 1963 Corvette Roadster

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Bloomington 2009:  Twin-Turbo 1991 Corvette Callaway Speedster Sells for $115,000

One of more interesting time periods for Corvette came midway through the C4 production run when you could order a twin-turbo for your Corvette. In 1991, the B2K twin-turbo RPO was the only non-GM performance option that could be ordered on a Corvette. This limited edition 1991 Series 1 Corvette Callaway Speedster is #8 of 10 made and used to be part of the Otis Chandler collection before being acquired by Chevrolet dealer and Corvette collector Bob McDorman.

READ MORE →

Bloomington 2009:  1966 Corvette Convertible Sells for $83,500

This Ermine White 1966 Corvette Convertible was one of the high points on the first day of Mecum’s Corvette auction at the annual Bloomington Gold show in St. Charles, Illinois. The L72 427/425 hp V8 powered Corvette crossed the block early Friday and was sold for $83,500. Video of the sale is after the jump.

In 1966 the very first 427 engines found their way into Corvettes. Legend has it that the horsepower rating was over 450 but GM artificially deflated the numbers to please the insurance industry. The new power plant boosted the sting Ray’s street-cred immediately: 0-60 mph in 5.7 seconds and a 14-sec quarter mile.

This Ermine White Corvette is a numbers matching original example featuring the L72 427/425 hp engine. The V8 is mated to a 4-speed transmission with aggressive 4.11 gears while the exhaust exits through its distinct shrouded side pipes. Original Kelsey Hayes knock-off wheels, two tops and a teak wood steering wheel complete the classic package.

Both buyer and sellers should be pleased with this sale. The $83,500 paid puts this car in the top 20 of 1966 Corvette 427/425 prices according to Corvette Market’s Database and our Corvette Price Guide has the 1966 Corvette appreciating at 7% per year. Not too shabby in this economy!


Source:
Mecum

Related:
Mecum’s Two-Day Corvette Auction at Bloomington Gold Show
Auction Preview: Mecum Selling Harley Earl’s 1963 Corvette Roadster

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Mecum's Two-Day Corvette Auction at Bloomington Gold Show

The live internet feed of Mecum’s Corvette auction at the Bloomington Gold show in St. Charles, Illinois just kicked off a few minutes ago and the HD Theater coverage will start at 6pm EST. Over 300 Corvettes are expected to cross the selling block today and tomorrow. You can watch the internet feed via ustream.tv.

For a complete list of Corvettes for sale, click here to download the car list.

 

Hot Racing Action Features Corvette on Fire!

by Keith Cornett on June 26, 2009

Hot Racing Action Features Corvette on 

Fire!

In a scene somewhat reminiscent of Boris Said’s fire in the LG Motorsports #28 GT2 Corvette at Long Beach, this SCCA racer was recently tearing up the track at Road America when his C6 T-1 race car caught on fire.

Apparently oblivious to the fire raging underneath his Corvette, the racer lost control and swung around as the intense flames had melted the tires. Here’s how it all unfolded

Hot Racing Action Features Corvette on Fire! Hot Racing Action Features Corvette on Fire! Hot Racing Action Features Corvette on Fire!
Hot Racing Action Features Corvette on Fire! Hot Racing Action Features Corvette on Fire! Hot Racing Action Features Corvette on Fire!
Hot Racing Action Features Corvette on Fire! Hot Racing Action Features Corvette on Fire! Hot Racing Action Features Corvette on Fire!
Hot Racing Action Features Corvette on Fire!    


Source:
Jalopnik

Related:
[VIDEO] LG Motorsports GT2 Corvette Catches Fire at Long Beach
[PICS] C6 Corvette CharGrilled in the Ukraine

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Ninth Annual

I hope all of you are aware that Friday is the 9th annual “Drive Your Corvette to Work” day. On this day, Corvette enthusiasts are urged to take to their Corvette to the road as a way to say happy birthday to the Corvette, which first rolled off the assembly line in Flint, Michigan on June 30th, 1953.

The idea for the “Drive Your Corvette to Work” comes from Mike Yager of Mid America Motorworks, who launched the event in 2001. The yearly event is held on the Friday closest to June 30th. This year, Mid America Motorworks wants to get as many Corvettes on the road as possible to show support for General Motors. Many believe (us included) that the Chevrolet Corvette is GM’s greatest contribution to the automotive world.

“We understand why many owners consider their Corvette to be a special car and only drive it occasionally,” said Yager. “But we think driving your Corvette to work, at least one day a year, is an excellent way to demonstrate just how popular Corvettes are. Wave to other Corvette owners: it’s a perfect chance for Corvette owners to meet new Corvette owners.”

If you participate in “Drive your Corvette to Work”, take some pictures and submit them to Mid America Motorsports via clubs@mamotorworks.com and they will be posted at www.mamotorworks.com/corvette

Check out the video of us driving our Corvette to work from 2007′s “Drive Your Corvette to Work” day.
Source:
Mid America Motorworks Related:
[VIDEO] Celebrating Drive Your Corvette To Work Day 2007 Technorati Tags:
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