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Corvette ZR1 Unveiled to Corvette Museum Members

by Keith Cornett on January 28, 2008

Last Saturday at the Detroit Auto Show, the National Corvette Museum revealed the new Corvette ZR1 to a select group of members. We were unable to attend the event, but one of our friends and regular readers, 16-year old Justin Society was there and offered to share his experience and a couple photos of the event. Justin’s enthusiasm for Corvette is infectious and the hobby should be thankful when a young man takes an interest in Corvette the way Justin has.

The 2009 Corvette ZR1 Revealed! The 2009 Corvette ZR1 Revealed! The 2009 Corvette ZR1 Revealed!

From the Summerset Hotel, four greyhound buses picked up approximately 150 to 200 NCM members. Everyone felt like the bus ride took forever, our looking forward to seeing the ZR1 was definitely the cause. When we arrived at the Cobo center we were given tickets and then waited in the lobby. We soon proceeded to walk through the desolate show floor where the covered Lambo’s and new R8 were held. As we made our way through the Dodge environment, NCM members took a minute to stare at the Viper and think how badly the ZR1 will outperform their leviathan.

When the NCM members entered the GM territory we saw a small blanketed shape in the Chevrolet portion, we all started walking faster to see the Corvette Team who was standing next to the car. Harlen Charles, Kirk Bennian and Tom Wallace were some of many representatives from GM who were standing by.

We experienced a 40 minute presentation by Harlen Charles, Kirk Bennian and Tom Wallace and then after the presentation anyone on the Corvette staff was open to any questions.

I personally asked questions to Harlen Charles and Kirk Bennian and they were happy to answer them. I was assured of a Corvette design that kept traditional but pushed the envelope a little bit further, especially in efficiency in aerodynamics. Harlen also acknowledged that Corvette may go on a diet but it would still remain competitive with its main competition and would not make too many sacrifices that would jeopardize its world class performance. He did not say so but he seemed very confident that the C6 has a little more life left in it.

The convention was starting to open to the public and people slowly started trickling into the ZR1 area. Some were amazed to see a group with matching shirts and the more Corvette savvy individuals were even more amazed to see Tom Wallace talking to people.

Thanks again Justin for sharing your NCM experience at the Detroit Auto Show.

Related:
Video: The Introduction of the Corvette ZR1 at GM Style
2009 Corvette ZR1 Photo Gallery
The New King of the Hill: The 2009 Corvette ZR1

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Auction Results: [VIDEO] 1953 Corvette Sold for $261,800

by Keith Cornett on January 27, 2008

Cool weather and an occasional shower were not enough to slow down the buyers from coming out to Mecum’s High Performance Auction this weekend in Kissimmee Florida. One of the star cars of the auction was this 1953 Corvette, serial #112. This Corvette was previously offered in 2007 and was the only no-sale out of the eight 1953 Corvettes we saw at auctions last year. At the Mecum’s High Performance Auction in St. Charles back in October it received a high-bid of $225,000.

Serial #112 appears to be the real deal. Featuring matching numbers and the owner’s history, this Corvette spent most of its life in Northern Indiana in St. Joseph County. It comes optioned with powerglide transmission, wonderbar radio, emergency brake warning light, windshield washers, courtesy lights, heater, hubcaps and 6.70×15″ wide white tires.

At the Kissimmee Auction, a high bid from Terry Michaelis of Proteam Corvette for $238,000 was enough to sell the Corvette this time around as it was reserved up to $235,000. Total price for the first-year Corvette after the 10% buyers commission was $261,800. UPDATE: When Mecum published the official results from the Kissimmee auction, this 1953′s price with sales commission was listed as $249,900.

Just a quick note about my experience at the Mecum auction. I’ve been going to the Kissimmee auctions for about 10 years now since it was paired up with the NCRS winter regional. It’s amazing how big this auction has become. Huge tents everywhere keep the Corvettes and other muscle cars cool and dry in case of inclement weather. Plenty of seating is availble for non-bidders and this year’s auction featured a couple of bars. Vendors are on the ground and there were plenty of choices for food. Mecum really puts on a great auction and if you enjoyed watching the Barrett-Jackson auction on TV, then you owe it to yourself to get out and see one of these large multi-car auctions live.


Source:
Mecum High Performance Auctions

Related:
RM Auction Results: 1953 Corvette Sells for $290,400
2007 List of 1953 Corvettes at Auction
[Video] Matched Set of 1953/2003 Corvettes sell for $390,500

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CAFE-Diem: New Mileage Regulations Put C7 Corvette On Hold

by Keith Cornett on January 25, 2008

Following up on our story earlier this week about Tom Wallace talking about building a lighter, greener Corvette, we have heard from Motor Trend’s well connected sources inside GM that say the Corvette C7 project is currently on hold. It seems the automaker is working to address the interim mileage requirements in advance of the 2020 35 mpg regulations. According to MT, that study could keep development of the C7 on the shelf until late 2009.

One of the strategies that Corvette may have been pursuing in the design of the C7 also appears to have gone by the wayside according our favorite former Detroit adman Peter De Lorenzo of AutoExtremist.com. Pete said last year that the midengined C7 Corvette was a go as GM had addressed the technologies needed to allow for production of a midengined Corvette while still retaining a price point that would effectively guarantee the car could still be available for the masses. De Lorenzo now says that those technologies that were reported as solved apparently were more complex than originally thought so therefore the midengined Corvette won’t be happening anytime soon.

Tom Wallace also commented on a midengined Corvette saying it has the potential to be more fuel efficient but there are currently too many roadblocks to production including the ability to build an affordable convertible model. (I guess it’s tricky finding the space to store the top because the damn engine is in the way!)

And with Wallace again talking about reductions in weight and power, it may be they are taking a hard look again at the Kappa platform, which is set to move to Bowling Green in 2012 anyways.

The stopping and starting of a next-generation Corvette project is nothing new for GM. It happened several times to the C5 Corvette according to the book “All Corvettes Are Red”, so it should only be a matter of time before we hear the green light has once again been given. In the meantime, I’m sure the boys in the design studio will probably still find the time for working on the C7, the next great American sports car.

Sources:
Motor Trend
AutoExtremist.com

Related:
Lighter, Greener Corvette on the Horizon
Late Night Speculation: C7 Corvette Moving to Kappa Platform?

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2008 Corvette Callaway Package

I’ll admit it. I am a bit of a Callaway fanboy. Late last year I named Reeves Callaway to my list of 5 Corvette people I’d like to meet. Ever since the B2K twin turbo package from the late eighties, he’s consistently been one of the most knowledgeable and creative forces in the Corvette aftermarket. So when I saw the new photos of the 2008 Callaway Corvette package, I can’t help but to let out a gasp and a few ohhs and ahhs.

Callaway Cars, the Corvette super tuner shows off their new supercharger package that gives the C6 Corvette’s 6.2L LS3 a kick in the shorts by adding 150 horsepower yet keeping the car emissions-compliant in all 50 states. The upgrades will cost you $18,500 and are backed by Reeve’s superior craftsmanship and a 3-year/36,000 mile warranty to boot. With horsepower greater than a Z06, but costing less than the new ZR1, the Callaway Corvette could just well be the middle ground for the serious performance enthusiast.

The package consists of GM’s LS3 engine, an Eaton/Magnuson roots-style supercharger, an air/liquid intercooler, upgraded fuel system with high-flow injectors, Callaway Honker cold air intake and a custom computer tune. A new hood painted to match and a silver “power bulge” and custom insignias round out the Callaway look.

With the 2008 package, you can expect 580 hp with 510 lb-ft of torque and a top speed, or maximum velocity as its stated of 200 mph. The Callaway Corvette is available in either coupe or convertible, with a standard or paddle-shift 6-speed automatic, and you can order directly through the factory or deliver your own car. Callaway has several other high performance upgrades including suspension, brakes, wheels and tires.

2008 Corvette Callaway Package

But I’m not through gushing about Callaway yet. Tuners tend to like the view from the top. So while Chevy was getting set to release their new 620 horsepower king of the hill ZR1, Reeves decided a little upgrade of the their widely successful C16 Callaway was in order. Now, the hand built LS3s are fortified with an intercooled supercharger, CNC ported cylinder heads, upgraded valvetrain, Callaway cold-air intake and free-flowing exhaust to achieve an incredible 650 horsepower and 585 lb-ft of torque.

The C16′s contain a host of upgrades from the stand Corvette including a whole new exterior skin, while the interior features lush leather upgrades and Callaway’s signature badges just about anyplace they’d stick.

The C16 Coupe will cost you $150,000 while the cabrio runs $158,000.

See both these Corvette derivatives at CallawayCars.com

Sources:
CallawayCars.com via Autoblog.com

Related:
Five People in the Corvette Hobby I’d Like to Meet

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Lighter, Greener Corvette on the Horizon

by Keith Cornett on January 22, 2008

Artist Rendering of the C7 Corvette

Over the last few years, the mantra at Corvette has been more performance, more horsepower. But the passage of the new energy bill that raises the CAFE standards to an average of 35 mpg will undoubtedly force GM’s engineers to rethink performance while pursuing economy first. The results will be a lighter, greener Corvette that will not only survive the 35 mpg standard, but should thrive in it as well.

The standard Corvette coupe and convertible models already get a highly respectable 28 mpg highway average despite being powered by the 6.2 liter 430 hp LS3. With its fiberglass panels and hydroformed aluminum frame, the current Corvette already weighs in at a lean 3200 pounds. According to Tom Wallace, GM’s Performance Vehicle Line Executive, the future Corvette will be a sports car where fuel economy and a reduced carbon footprint can coexist with performance as long as engineers pay attention to the ever important weight to horsepower ratio.

Wallace won’t talk specifics about the C7 Corvette, but he told Automotive News that if the Corvette’s weight was dropped 300 to 400 pounds and was powered by a 4.7 Liter V8 with about 150 less hp than the current LS3, the weight to horsepower ratio is essentially the same as the current standard C6 Corvette.

While the Corvette ZR1 makes extensive use of carbon fiber as a weight saving material, the cost is currently prohibitive in the standard models. But that could change by the time the C7 is developed.

It’s also possible that by the year 2012 when the new C7 Corvette is expected that we will see the next generation of fuel efficient engines that utilize both gasoline and ethanol. With the trickle-down effect that Corvette Racing has on its regular production-bred siblings, its a natural evolution for there to be an E85 powered Corvette coming directly from the assembly plant at Bowling Green. Corvette Racing tells us that ethanol based fuel has a higher octane rating so the combination of the new engines powered by ethanol combined with a lighter body may get Corvette close to the 35 mpg highway average.

Two other factors help Corvette as well. First, the amount of Corvettes produced in recent years averages roughly 35,000 cars compared to the nearly 4 million GM sells domestically, so the impact of the Corvette’s highway MPG figure is smaller than that of one of GM’s mass-produced vehicles. Secondly, GM’s investment in alternative fuel solutions and new products like the Chevy Volt are likely to increase the automaker’s average significantly if the market is there to support them.

Corvette enthusiasts may have to swallow the reduced horsepower pill like we had to with the C3 Corvettes. The good news is that unlike the Seventies, GM won’t simply cut performance to increase mileage standards. Performance will always be one of the governing covenants of the Corvette, and with the looming changes on the horizon, there will be room for a green Corvette.


Source:
Automotive News [subscription]

Related:
Corvette Racing Moves to E85 for 2008 ALMS Season
Green Gets Mean: The Skinny on Jay Leno’s E85 Corvette C6RS

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1963 Corvette Split Window Coupe

What else can be said about this year’s Barrett-Jackson Collector Car Auction. As every year, there were some great deals had and some cars sold at probably a higher price than what they would have sold for outside of Scottsdale, Arizona in mid-January. Despite a decrease of 40 Corvettes or so over last year’s totals, and especially the lack of big block 1967 Corvettes, the auction still pulled in slightly over $11 million in Corvette sales.

While the big winner of the week was GM with their Corvette ZR1 auction of the first retailable unit, number 0001, other Corvettes did particularly well. The 1963 Pininfarina Rondine (pronounced ron-din-eh) set the high for the entire auction at $1,600,000. The 1971 Corvette ZR2 sold for $325,000. A matched set of Corvettes which share the same VIN, one a 1958 Black Roadster and the other a 2008 Black Z06 sold for $260,000, and rounding out fifth place on the Top Corvette Sales list was a beautiful 1958 Silver Blue Corvette Roadster that gaveled for $220,000.

Dave Ressler’s bid of $1,000,000 for the right to buy the first Corvette ZR1 really sums up what Barrett-Jackson has become in its 37th year. It’s not just an auction, it’s an event to be celebrated by automotive aficionados as the Super Bowl of car auctions. It’s always interesting to see which car is the favorite as well as to note which cars aren’t there. I think it’s safe to say that this year the Ford Shelbys and Mustangs had a great run. And other than several notable Mercedes-Benz models, there were less European cars at this auction than I can remember in recent times.

Speed TV did a great job with the show as always. Sure, you can nitpick anybody’s comments from a live TV show, but the wealth of knowledge those guys bring to the broadcast really makes it enjoyable to watch and you can learn much from them. Also, I’d like to thank my wife for putting up with me watching gavel-to-gavel auction coverage from Tuesday to Sunday. You’re the bomb! So like the super bowl, we present our post-game stats in the form of the Corvette auction results list and video replays which are available after the jump.

LOT # YEAR MAKE/MODEL STYLE PRICE
27 1977 CHEVROLET CORVETTE COUPE $15,550.00
51 1978 CHEVROLET CORVETTE INDY PACE CAR $25,000.00
85 1978 CHEVROLET CORVETTE INDY PACE CAR COUPE $21,000.00
90 1995 CHEVROLET CORVETTE INDY PACE CAR CONVERTIBLE $38,000.00
304 1989 CHEVROLET CORVETTE CONVERTIBLE $17,000.00
314 1984 CHEVROLET CORVETTE COUPE $15,500.00
327 1984 CHEVROLET CORVETTE COUPE $19,000.00
338 1978 CHEVROLET CORVETTE PACE CAR COUPE $19,500.00
340 1985 CHEVROLET CORVETTE COUPE $15,000.00
345.1 1986 CHEVROLET CORVETTE COUPE $16,000.00
355 1991 CHEVROLET CORVETTE COUPE $25,000.00
385 1978 CHEVROLET CORVETTE COUPE $27,500.00
398 1990 CHEVROLET CORVETTE ZR1 $33,000.00
413 1973 CHEVROLET CORVETTE COUPE $34,000.00
416 1976 CHEVROLET CORVETTE COUPE $35,000.00
417 1966 CHEVROLET CORVETTE CONVERTIBLE $55,000.00
442 1965 CHEVROLET CORVETTE CONVERTIBLE $40,000.00
447 1968 CHEVROLET CORVETTE CONVERTIBLE $40,000.00
464 1966 CHEVROLET CORVETTE CONVERTIBLE $79,000.00
632 1995 CHEVROLET CORVETTE CONVERTIBLE $28,000.00
646.1 1986 CHEVROLET CORVETTE COUPE $16,500.00
654 1971 CHEVROLET CORVETTE COUPE $34,000.00
677.1 1969 CHEVROLET CORVETTE COUPE $26,500.00
689 1966 CHEVROLET CORVETTE CONVERTIBLE $60,500.00
690 1969 CHEVROLET CORVETTE COUPE $35,000.00
695.1 1969 CHEVROLET CORVETTE CONVERTIBLE $45,000.00
709 1963 CHEVROLET CORVETTE CONVERTIBLE $77,500.00
716 1967 CHEVROLET CORVETTE COUPE GRAND SPORT RE-CREATION $44,000.00
716.1 1966 CHEVROLET CORVETTE CONVERTIBLE $77,000.00
725.1 1966 CHEVROLET CORVETTE COUPE $80,000.00
728 1958 CHEVROLET CORVETTE CONVERTIBLE $75,000.00
742 1962 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $29,000.00
743 1963 CHEVROLET CORVETTE SPLIT WINDOW COUPE $58,000.00
755 1969 CHEVROLET CORVETTE CONVERTIBLE $80,000.00
932 1964 CHEVROLET CORVETTE COUPE $51,000.00
956 1962 CHEVROLET CORVETTE CONVERTIBLE $67,500.00
960.1 1956 CHEVROLET CORVETTE CONVERTIBLE $125,000.00
961.1 1990 CHEVROLET CORVETTE MARLBORO/PENSKE RM1 $53,000.00
971 1961 CHEVROLET CORVETTE CONVERTIBLE $85,000.00
975.1 1966 CHEVROLET CORVETTE COUPE $60,000.00
980.1 1954 CHEVROLET CORVETTE CONVERTIBLE $150,000.00
988.1 1955 CHEVROLET CORVETTE CONVERTIBLE RESTO-ROD

$66,000.00

990.1 1958 CHEVROLET CORVETTE CONVERTIBLE $220,000.00
991 1959 CHEVROLET CORVETTE CONVERTIBLE $120,000.00
992 1965 CHEVROLET CORVETTE CONVERTIBLE $92,500.00
992.1 1961 CHEVROLET CORVETTE CONVERTIBLE $85,000.00
1004.1 1954 CHEVROLET CORVETTE CONVERTIBLE $87,000.00
1009 1959 CHEVROLET CORVETTE CUSTOM WIDEBODY CONVERTIBLE $150,000.00
1013 1958 CHEVROLET CORVETTE CONVERTIBLE $98,000.00
1016.1 1966 CHEVROLET CORVETTE CONVERTIBLE $100,000.00
1023 1962 CHEVROLET CORVETTE CONVERTIBLE $100,000.00
1034 1967 CHEVROLET CORVETTE CONVERTIBLE $110,000.00
1037 1963 CHEVROLET CORVETTE SPLIT WINDOW COUPE $68,000.00
1045 1960 CHEVROLET CORVETTE CONVERTIBLE $175,000.00
1047 1967 CHEVROLET CORVETTE COUPE $82,000.00
1048 1962 CHEVROLET CORVETTE CONVERTIBLE $70,000.00
1056 1965 CHEVROLET CORVETTE COUPE $67,000.00
1058 1968 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $80,000.00
1070 1969 CHEVROLET CORVETTE CONVERTIBLE $69,000.00
1228 1962 CHEVROLET CORVETTE CONVERTIBLE $85,000.00
1231.1 1958 CHEVROLET CORVETTE CONVERTIBLE $165,000.00
1232.1 2002 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $100,000.00
1237 1966 CHEVROLET CORVETTE COUPE

$110,000.00

1238 1959 CHEVROLET CORVETTE CONVERTIBLE $160,000.00
1242 1954 CHEVROLET CORVETTE CONVERTIBLE $91,000.00
1244.1 1960 CHEVROLET CORVETTE CONVERTIBLE $135,000.00
1258 1958 CHEVROLET CORVETTE CONVERTIBLE $130,000.00
1258.1 2008 CHEVROLET CORVETTE Z06 COUPE $130,000.00
1259 1954 CHEVROLET CORVETTE CONVERTIBLE $175,000.00
1263.1 1967 CHEVROLET CORVETTE CONVERTIBLE $145,000.00
1265.1 1973 CHEVROLET CORVETTE "MUD BOGGER" $30,000.00
1266 1957 CHEVROLET CORVETTE CONVERTIBLE $150,000.00
1267 1967 CHEVROLET CORVETTE CONVERTIBLE $200,000.00
1272 1958 CHEVROLET CORVETTE CONVERTIBLE $180,000.00
1273 1968 CHEVROLET CORVETTE CONVERTIBLE $137,500.00
1275.1 1962 CHEVROLET CORVETTE CONVERTIBLE RE-CREATION $112,000.00
1276 1957 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $195,000.00
1277 1965 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $110,000.00
1284 1962 CHEVROLET CORVETTE CONVERTIBLE $90,000.00
1290 1971 CHEVROLET CORVETTE COUPE ZR2 $325,000.00
1304 1963 CHEVROLET CORVETTE COUPE "RONDINE" CONCEPT CAR $1,600,000.00
1316 2009 CHEVROLET CORVETTE ZR1 COUPE $1,000,000.00
1317 1957 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $140,000.00
1327 1967 CHEVROLET CORVETTE COUPE $180,000.00
1327.1 1957 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $155,000.00
1335 1960 CHEVROLET CORVETTE CONVERTIBLE RE-CREATION $110,000.00
1338.1 1966 CHEVROLET CORVETTE CUSTOM COUPE $140,000.00
1339 1967 CHEVROLET CORVETTE CONVERTIBLE $132,000.00
1346 1965 CHEVROLET CORVETTE COUPE $87,000.00
1351 1966 CHEVROLET CORVETTE COUPE $97,500.00
1507 1987 CHEVROLET CORVETTE COUPE $17.000.00
1518 1982 CHEVROLET CORVETTE COUPE COLLECTOR EDITION $22,500.00
1523 1995 CHEVROLET CORVETTE PACE CAR CONVERTIBLE $38,000.00
1530.1 1969 CHEVROLET CORVETTE L88 RE-CREATION $42,000.00
1538 1958 CHEVROLET CORVETTE CONVERTIBLE $90,000.00
1566 1998 CHEVROLET CORVETTE GTR ROADSTER $38,000.00
1567 1998 CHEVROLET CORVETTE INDIANAPOLIS 500 SHOW PACE CAR $50,000.00
1571 2007 CHEVROLET CORVETTE DAYTONA 500 PACE CAR RE-CREATION

$72,000.00

1573 2003 CHEVROLET CORVETTE AVELATE CONVERTIBLE $65,000.00
9003 1962 CHEVROLET CORVETTE CONVERTIBLE CUSTOM RE-CREATION $135,000.00
9011 1982 CHEVROLET CORVETTE COUPE COLLECTORS EDITION $27,500.00
9015 1962 CHEVROLET CORVETTE CONVERTIBLE $91,000.00
9019 1957 CHEVROLET CORVETTE CONVERTIBLE $115,000.00

Results are from Barrett-Jackson.com and do not include the 10% buyers commission.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Barrett-Jackson 08: [VIDEO] 1st 2009 Corvette ZR1 Sold for $1 Million
Barrett-Jackson 08: [VIDEO] 1967 L89 Corvette Coupe
Barrett-Jackson 08: [VIDEO] 1958/2008 Corvette Matched Set
Barrett-Jackson 08: [VIDEO] 1958 Corvette Sets High Price
Barrett-Jackson 08: [VIDEO] Holy Auction Block! It’s the Batmobile!
Barrett-Jackson 08: [VIDEO] 1958 Corvette Convertible
Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes
Barrett-Jackson 08: [VIDEO] 1966 Corvette Convertible Sells for $86,900
2008 Barrett-Jackson Corvette Auction Preview

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The hype surrounding the sale of this special car has been building since last Saturday when the all new 2009 Corvette ZR1 made its debut at the GM Style Party in Detroit. But I don’t think anybody expected to see what happened on Saturday night with millions of automotive and Corvette fans watching the 37th Annual Barrett-Jackson Collector Car Auction as they saw the first blue devil auctioned off with the proceeds going to the United Way.

Giving a fantastic introduction as only he can was Jay Leno. Jay has a way of connecting with enthusiasts because he is one himself. Jay was joined on the block with GM North America President Troy Clarke while GM Performance Vehicle Line Manager Tom Wallace stood in the background.

The bidding started at $100,000 and quickly climbed to $900,000 with collector Dave Ressler holding the high bid. As the money for the Corvette is going to charity, Dave added an additional $100,000 to make the final bid $1,000,000. Barrett-Jackson waived the buyers commission as this was a charity auction. The Corvette shown on the block is a prototype only. Ressler will get to move to the head of the line and receive the first available retail version Corvette ZR1 later this summer. His Corvette ZR1 will be painted in a one-only LeMans Blue and will feature option code BD1. The Corvette will be delivered to the National Corvette Museum where Ressler will receive the car. In addition to winning the Corvette, Dave will receive a three-day driving experience at the Bondurant School of High Performance where Corvette Racing’s Ron Fellows will serve as a special instructor. Jay Leno has also donated tickets to the Tonight Show as well as a tour of his personal collection.

Dave Ressler is well known in the Corvette hobby for spending $1 million dollars back in 2006 at Barrett-Jackson to buy the oldest surviving Corvette, 1953′s #003. In terms of who won the horsepower wars at tonight’s auction, this should be a slam dunk for Corvette. The 2008 Ford Shelby GT500KR sold for $550,000 while the 2008 Dodge Challenger SRT8′s selling price has yet to be know. We’ll update this post once the results are in.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Live: Watching Corvettes at the GM Style Party
2009 Corvette ZR1 Photo Gallery
2008 Barrett-Jackson Corvette Auction Preview

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RM Auction Results: 1953 Corvette Sells for $290,400

by Keith Cornett on January 19, 2008

1953 Corvette Convertible

Barrett-Jackson isn’t the only game in town this weekend. Several highline auction houses also had events worth noting, and in particular interest to us was RM’s Arizona Auction held Friday, January 18th where a 1953 Corvette was offered and sold.

The Corvette, lot number 182, was sequence number 268 of the 300 produced in 1953. According to the auction description, the car was purchased back in the 1970′s by a noted Corvette specialist and had a professional documented concours quality restoration in the early 1980′s. The Corvette has appeared at several shows and earned its AACA National Senior First Prize in Hershey, PA in 1986. The seller acquired the Corvette in 2001 and had it stored in a private collection since then. At one show, the Corvette was signed by Zora Arkus-Duntov on the fender and dash and a photograph of Zora signing the car was included in the sale.

While the pre-sale estimates of the Corvette ranged from $275,000-$325,000, the actual selling price was $264,000 and with the 10% buyers commission, the total selling price was $290,400. Still a decent purchase in our opinion based on 2007′s 1953 Corvette sales average of $359,079 from six public auctions.

Next weekend we’ll be in Kissimmee Florida for Mecum’s Winter Classic where another 1953 Corvette Convertible is set to be sold. Stay tuned as we will have the complete details following the auction.


Source:
RM Auctions

Related:
Auction Results: 1953 Corvette Fetches $440,000 at Hilton Head

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Barrett-Jackson 08: 1958 Corvette Sets High Price

by Keith Cornett on January 19, 2008

We were damn lucky to see this Corvette get sold. It seems this year Speed TV has a knack of going to commercials just as a Corvette is crossing the auction block. So when the video starts you’ll see the bidding has already underway.

Lot Number 990.1 is a 1958 Corvette Convertible, Silver Blue with Silver Blue interior. Featuring a 283 ci 240 dual quad engine coupled to a T10 transmission, the Corvette has just 36,990 original miles. It has a very low production sequence number of #302. The numbers matching Corvette underwent a documented frame off restoration and has just 200 miles on her since completion.

The couple that won the bidding were very excited. The announcer says this is the fourth car he has purchased and his wife is still smiling!

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Barrett-Jackson 08: [VIDEO] 1958 Corvette Convertible
Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes
Barrett-Jackson 08: [VIDEO] 1966 Corvette Convertible Sells for $86,900
2008 Barrett-Jackson Corvette Auction Preview

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This auction has nothing to do with Corvettes, but that doesn’t mean we can’t have some fun with one of my favorite superheroes. Check out this recreation of one of the most recognizable cars in the world, the 1960′s era Batmobile. Constructed out of a 1974 Lincoln, the replica features functional lights, a real flame thrower and gadgets including the Bat Phone.

Introduced by Batman himself (a replica of Adam West?), this car brought out the fans who themselves were decked out in the famous cowl and cape. The car sold for $185,000 and with the 10% buyers commission, total sales price crested over the 200 large mark to $203,500.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes
Barrett-Jackson 08: [VIDEO] 1966 Corvette Convertible Sells for $86,900
2008 Barrett-Jackson Corvette Auction Preview

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