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1970 Corvette ZR-1 Coupe

Barrett-Jackson returns to the east coast this weekend for the 6th annual Collector Car auction in Palm Beach, Florida. The four day event gets underway on this Wednesday and the first of 56 Corvettes will hit the auction block on Thursday. SPEED will be covering the event and you can be sure to count on us for recapping the event’s biggest Corvette moments.

Corvettes will be well represented at the four day event with models ranging from 1954 through 2007. One of the rarest Corvettes ever produced, a 1970 ZR-1 Corvette with an LT-1 engine, will be auctioned on Saturday night. Of course the usually bevy of fuelies and big blocks will be represented as well as some unusual customs including a 2007 convertible Z06. Yes, I said a convertible Z06…

The full list of Corvettes planned for the Barrett-Jackson’s Palm Beach auction is after the jump. We’ve broken down the schedule so you’ll be able to see which day the Corvette will be sold. As always, check back throughout the week and into the weekend as we’ll have coverage and videos of selected Corvette auctions.

LOT # YEAR MAKE MODEL AUCTION
46 1969 CORVETTE CONVERTIBLE MAR 27
47 1965 CORVETTE CONVERTIBLE MAR 27
64 1964 CORVETTE COUPE MAR 27
98.1 1980 CORVETTE CUSTOM COUPE MAR 27
100 1982 CORVETTE COUPE MAR 27
312 1982 CORVETTE COUPE MAR 28
323 1994 CORVETTE COUPE MAR 28
324 1992 CORVETTE COUPE MAR 28
331.1 1975 CORVETTE CONVERTIBLE MAR 28
340.1 1990 CORVETTE COUPE MAR 28
343 1972 CORVETTE CONVERTIBLE MAR 28
345 1965 CORVETTE CONVERTIBLE MAR 28
348 1958 CORVETTE CONVERTIBLE MAR 28
348.1 1965 CORVETTE COUPE MAR 28
350.1 1968 CORVETTE CONVERTIBLE MAR 28
355 1970 CORVETTE CONVERTIBLE MAR 28
356 1966 CORVETTE CUSTOM COUPE MAR 28
361.1 1963 CORVETTE CONVERTIBLE MAR 28
364 1966 CORVETTE CONVERTIBLE MAR 28
365 1965 CORVETTE CONVERTIBLE MAR 28
370 2000 CORVETTE AVELATE CUSTOM CONVERTIBLE MAR 28
372.1 1958 CORVETTE CONVERTIBLE MAR 28
385 2004 CORVETTE 88TH INDY 500 OFFICIAL PACE CAR MAR 28
385.1 1964 CORVETTE COUPE MAR 28
388 1972 CORVETTE CONVERTIBLE MAR 28
388.1 1972 CORVETTE COUPE MAR 28
389 1962 CORVETTE CONVERTIBLE MAR 28
394 1964 CORVETTE CONVERTIBLE MAR 28
401 1961 CORVETTE CONVERTIBLE MAR 28
600 1973 CORVETTE COUPE MAR 29
607 1992 CORVETTE COUPE MAR 29
609 1988 CORVETTE CONVERTIBLE MAR 29
627.1 1978 CORVETTE SILVER ANNIVERSARY PACE CAR MAR 29
630 2003 CORVETTE AVELATE CONVERTIBLE MAR 29
632 1962 CORVETTE CONVERTIBLE MAR 29
633.1 1970 CORVETTE COUPE MAR 29
636 1967 CORVETTE CONVERTIBLE MAR 29
641.1 1959 CORVETTE CUSTOM CONVERTIBLE MAR 29
642 1967 CORVETTE CONVERTIBLE MAR 29
643 2007 CORVETTE DAYTONA 500 PACE CAR RE-CREATION MAR 29
645 1965 CORVETTE COUPE MAR 29
646 1969 CORVETTE COUPE MAR 29
652 1962 CORVETTE CONVERTIBLE MAR 29
655 1957 CORVETTE CONVERTIBLE MAR 29
670.1 1970 CORVETTE LT-1 ZR-1 COUPE MAR 29
672.1 1960 CORVETTE FI CONVERTIBLE MAR 29
678 1966 CORVETTE CONVERTIBLE MAR 29
678.1 1961 CORVETTE CONVERTIBLE MAR 29
681.1 1965 CORVETTE CUSTOM CONVERTIBLE MAR 29
683 1957 CORVETTE CONVERTIBLE MAR 29
684 1954 CORVETTE CONVERTIBLE MAR 29
688 1958 CORVETTE CUSTOM CONVERTIBLE MAR 29
688.1 1969 CORVETTE CONVERTIBLE MAR 29
689.3 2007 CORVETTE CUSTOM CONVERTIBLE MAR 29
908 1985 CORVETTE COUPE MAR 30
942 1960 CORVETTE CONVERTIBLE MAR 30
956 1963 CORVETTE CUSTOM CONVERTIBLE MAR 30
         


Source:
Barrett-Jackson Collector Car Auction

Related:
Barrett-Jackson 08: [VIDEO] 1st 2009 Corvette ZR1 Sold for $1 Million
2007 Barrett-Jackson Palm Beach: Corvette Sales Top $6.2 Million

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2009 Corvette ZR1

Today is kind of fun because I get to combine two of my favorite subjects into one post. I love looking at Corvettes for sale and its always fun when I can bring something unique to the table. I also will follow just about any news story that revolves around the 2009 Corvette ZR1. So its big news for us to announce that our Corvette classifieds website VetteFinders.com has received its first ad for the 2009 Corvette ZR1.

The 6.2L Supercharged Corvette is being offered by Jim “Z” of Spitzer Chevrolet in Amherst, Ohio. Jim placed the ad earlier this week and the Corvette has already received a ton a page views and requests for additional information. The ZR1 is being offered as a “You Build” model and carries a price tag of $100,000 + market adjustment. That adjustment will cover the actual cost of the Corvette which has yet to be officially released, as well as provide a cushion for the dealer based on demand for the car.

This is only the second such ad we’ve seen for the 2009 Zr1. Last week we reported about the guy trying to finance his purchase by selling two ZR1′s on CraigsList.com for $350,000 each.

Most of the larger dealerships with have an allocation (or two) for the Corvette ZR1. The ordering window for the ZR1 opens on May 29t and its our belief that these Corvettes will sell pretty quickly so you would do best to get your name on a list now. Click here to view Jim’s Corvette ZR1 ad at VetteFinders.com or contact our friends at Kerbeck Chevrolet and ask Dave how to get on the ZR1 waiting list.


Source:
VetteFinders.com

Related:
2009 Corvette ZR1 Hits CraigsList for $350,000
Barrett-Jackson 08: [VIDEO] 1st 2009 Corvette ZR1 Sold for $1 Million

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When Money is No Object: Terry’s Corvette A-List

by Keith Cornett on March 19, 2008

Grand Sport #001

Terry Michaelis of Proteam Corvettes has been buying and selling Corvettes for decades and is arguably one of most knowledgeable Corvette pricing experts in the country. When you’re buying and selling hundreds of thousands of dollars worth of Corvettes on any given weekend, you better know where the market is, right? So when Terry told us about his Corvette A-List, ie the top 10 Corvettes to buy if money wasn’t an object, we decided to sit in the front row and take notes.

Terry’s Corvette A-List

1963 GRAND SPORT
5 produced • value $6 million and up (good luck)… none for sale
1969 ZL1
2 produced • value $3 million and up (good luck)… none for sale
1967 L-88
20 produced • value $1.5 million and up (good luck)… none for sale
1968/69 L-88
196 produced • value $350K to $750K (They are out there)
1971 ZR2
12 produced • value $350K to $650K (4 known to exist)
1967 L-89
16 produced • value $450K to $750K (few known to exist)
1953 BLUE FLAME
300 produced • value $300K to $500K (VIN 003 sold for $1 million; VIN 005 sold $850K)
1963 Z06/TANKER
63 produced • value $275K to $400K (add for race history)
1970-’72 ZR1
53 produced • value $125K to $200K (few exist)
1971 LS6
188 produced • value $125K to $200K (not hard to find)

Footnotes:

  1. must be the real deal… not fakes or frauds
  2. Colors (Black) adds a lot… must be factory original body/trim tag
  3. Original documentation, history, and Bloomington/NCRS show awards adds a lot
  4. Original rare options adds a lot (set of Kelsey bolt-on wheels & red stripe tires sold on eBay in ‘06 for $33K)
  5. Original, unrestored in excellent condition adds a lot.
  6. Caveat Emptor (Buyer Beware). We are adrift in a sea of sharks disguised as mermaids.
  7. When it is time to sell… be a smart seller. High-profile events like the Barrett-Jackson and Mecum Muscle Car auctions will get you more money for your car than newspaper and trade publication advertisements. Plan ahead if you’re considering selling your baby: seek good lot numbers (pay a premium if you must) and baby-sit your car during the event to answer questions and show pride in your car – it is a reflection of you, and people simply pay more if they like the seller.
  8. A-E Equals an overall package and desirables.

So what do you think? Given an unlimited bank account and the availability factor, which of these ten Corvettes would you covet if the opportunity presented itself? Leave a Comment (below) and let us know.

Sources:
tMichaelis Corvette Perspective

Related:
Appreciating Corvettes: Top 12 Price Gainers of 2007
Auction Results: [VIDEO] 1953 Corvette Sold for $261,800

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[VIDEO] Take a Lap of Sebring in a 2008 Corvette

by Keith Cornett on March 18, 2008

IGotShotgun gets a hot lap in a 2008 Corvette Coupe with Team Corvette Member Jason Altsman at last week’s 12 Hours of Sebring. Jason takes us turn by turn, 17 in all, through the historic 3.7 mile road course as he describes both the layout of the raceway and how the Corvette C6.Rs will perform at the various turns and straight-aways.

Sources:
IGotShotgun

Related:
[VIDEO] Sebring 2008 – O’Connell Pilots the #3 Corvette C6.R to Historic Win
Sebring 2008: Corvette Racing News Roundup

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Auction Watch: Carlisle Waiving Consignment Fees

by Keith Cornett on March 18, 2008

Corvette Auction Underway at 2007's Corvettes at Carlisle

In an effort to redefine itself after last year’s lackluster Corvette auction results, the Carlisle Event’s in-house auction shop has decided to waive the general consignment fee for the 2008 Spring, Corvette and Fall auctions. The standard consignment fee of $250 was an upfront cost to the seller for entering the car in the auction and the move is an attempt to shake up the auction market by trying to entice more sellers to list their cars at a Carlisle auction.

Michael Cornfield the Senior Director of Marketing for Carlisle Auctions said, “The strategy behind this shift is to entice additional auction registrants who will be more likely to partake in the live auction process. Based on the industry-wide decline in sales figures, we believe this will create the buzz needed to break through the now saturated auction market.”

Traditionally, auction houses make money on both buyers and sellers before a single car crosses the block: A consignment fee from the seller for listing the vehicle and a registration fee for bidders. If the Corvette is sold, then the auction house collects a commission from both seller and buyer. The consignment fee would normally be enforced on reserve auctions to protect the auction house from a no-sale. There are some stipulations with Carlisle’s free consignment offer: One consignment per person, your car will be sold outside the prime time hours of Friday and Saturday, and you need to provide the required photos and vehicle descriptions in advance of the deadline, which is July 15th for the Corvette auction.

The free consignment offer should do much to bolster the selection of the Corvettes available at this premier venue and will hopefully bring in the buyers as well. Another change in store for the Carlisle auction is the auction house will no longer be charging a $100 bidder registration fee. So with more cars available for sale and less up-front costs for potential buyers to register, the event could very well get the boost it needs to once again propel the Corvettes at Carlisle auction back to one of the elite Corvette auctions in the Country.

The Corvettes at Carlisle Auction will be held at the Carlisle Expo Center in Carlisle, PA on August 22nd-23rd, 2008 and the deadline for the free consignment offer is July 15th, 2008.


Source:
CarlisleAuctions.com

Related:
Auction Results: Corvettes at Carlisle 2007

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Corvette Racing's #3 C6.R at Sebring
Photo Credit: AmericanLeMans.com

Johnny O’Connell became Sebring’s winningest driver with his seventh class victory in Saturday’s 12-hour race. O’Connell, with teammates Jan Magnussen and Ron Fellows ran a flawless race in the #3 Corvette, finishing 8 laps ahead of the #4 C6.R Corvette team and 29 laps ahead of the #008 Bell Motorsports Aston Martin DBR9. The #3 Corvette C6.R completed 328 laps of the 3.7-mile historic road course to finish first in the GT1 class and 9th overall.

O’Connell’s seventh victory broke a longstanding tie with motorsports legend Phil Hill, who had six victories at Sebring:

“It’s huge to break Phil Hill’s record,” said O’Connell. “Phil is the embodiment of everything that was wonderful about that era of sports car racing. When you meet some of your childhood heroes, they’re a disappointment, but when I met Phil, he was the coolest cat in the world. He talked about the beauty of the cars he competed in and the spectacle of this race. When you spend time with someone who is that deep and insightful, you come away with a much better understanding of how special this race is.

“When you win Sebring, you share it,” O’Connell noted. “It’s not about one guy. I got my first ALMS win with Jan in 1999, and I’ve won some 25 races with Ron. I can’t think of two finer gentlemen and race car drivers I’d rather share this win with.”

The fortunes for the #4 C6.R Corvette took a turn for the worse at just under the two hour mark of the race. The Corvette suffered a rear axle problem and needed to make a trip to the transporter where the crew replaced the right half shaft. The repair took just nine minutes but by the time the #4 Corvette made it back out to the track the #3 Corvette had a nine lap advantage.

Next up for Corvette Racing is the Acura Sports Car Challenge of St. Petersburg on April 5th. ABC will televise the one-hour, 55-minute event live starting at 1:30 p.m. ET.

Sources:
CorvetteRacing.com
American LeMans

Related:
Sebring 2008: Corvette Racing News Roundup

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Supercar Mashup: 1993 Corvette Diablo FI Stingray

by Keith Cornett on March 13, 2008

1993 FI Stingray

We are intrigued by this mating of two of the world’s most recognizable supercars – Corvette and Lamborghini – creating what the owner has renamed the FI Stingray. The car features a 1993 Corvette Chassis and custom front-end mated to the rear end of a Lamborghini Diablo. The Corvette was spotted at the 2008 Canadian International Autoshow last month in Toronto.

So, was this experiment successful? Click the Comment Link below and let me know what you think.

1993 FI Stingray


Source:
Madwhips.com

Related:
Irresponsible Speculation: Another Corvette Spy Photo?

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Sebring 2008: Corvette Racing News Roundup

by Keith Cornett on March 12, 2008

Corvette Racing's #4 C6.R at Sebring
Photo Credit: AmericanLeMans.com

Official Practice Session Times:

The first official practice sessions were held today at Sebring. Corvette Racing’s C6.R Corvettes ran during both sessions and at the end of the day it was the #4 Corvette C6.R setting the lead in the GT1 class with a lap of 1:57.674 while the #3 Corvette ran close behind with time of 1:57.965.

The Bell Motorsports #008 Aston Martin DBR9 is said to be suffering a mechanical problem and is waiting for assistance from the UK.


Corvettes to race on E10 at Sebring

The Corvette Racing team will be racing at Sebring using E10 ethanol fuel instead of E85 as planned. After testing the Corvettes with E85 in February, a post-test inspection showed that the IMSA’s sanctioned E85R fuel was adversely affecting the adhesive used in the manufacture of the Corvette race car’s twin fuel cells.

Corvette Racing team manager Doug Fehan said, “The performance of E85 ethanol racing fuel was firmly established in our initial track test. Now the team is working with the fuel cell manufacturers, IMSA, and our technical partners at the Ethanol Promotion and Information Council to develop an advanced ethanol fuel cell. As a manufacturer team, safety is paramount at Corvette Racing, and we will always err on the side of caution. Just as every new component in a production GM vehicle must be exhaustively tested, every new part that goes into the Corvette C6.R race cars must be tested and validated. It wasn’t feasible to do this in the weeks since the program was announced, but I am confident that we will resolve the situation in a short period of time.”


LG Motorsports #28 Riley C6 Corvette
Photo Credit: Martin Spetz LGMRacing.com

GT2 Practice Times

In the GT2 Class, the LG Motorsports #28 Riley C6 Corvette ran in both practice sessions and posted a best lap at 2:05.656. The team is placed solidly in the 9th position middle of the GT2 pack with about 3 seconds separating them from the class leading Farnbacher Loles Porsche 911 GT3 RSR. The German Porsche team is currently leading the 16 car GT2 class with a posted time of 2:02.594. Four Porsche 911 GT3′s and three Ferrari 430 GT’s make up the top seven times in GT2.

Have you seen the dash cam video of Lou Gigliotti’s Black and yellow Riley Corvette C6 attacking the track at Sebring earlier this week?


Source:
AmericanLeMans.com
GT2 Photo: Martin Spetz LGMRacing.com

Related:
[VIDEO] Sebring – Lou’s GT2 C6 Corvette Dash Cam

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2007 Corvette Convertible

Avis Car Rentals has announced they will offering the 2008 Corvette Convertible as part of their “Cool Cars” fleet. Avis’ Cool Cars are a series of popular high-end vehicles which include the Cadillac CTS, Hummer H3 and Saab Convertible. The Corvette is already in the system and can be rented with guaranteed reservations at select Avis locations in Arizona, California, Florida and Las Vegas.

“Many Avis renters say that, given the opportunity, they would choose to rent an Avis Cool Car as a special treat for themselves,” said Becky Alseth, senior vice president of marketing for Avis Budget Group, Inc., parent company of Avis. “The fabled Corvette is a dream car for many people. Adding it to our Cool Car Collection gives our customers a chance to enjoy the ultimate experience of getting behind the wheel of this one-of-a-kind ride. It’s just another way that ‘We Try Harder’ to help make Avis your ‘other car.’”

I hit Avis.com for more info and immediately saw a yellow Corvette Z06 on the site. But the press release specifically says Corvette Convertible so I entered a couple of dates and was presented with a red convertible Corvette. I had seen accounts that said Corvette rentals would start around $165 but in reviewing the website and plugging in some dates, I was presented with a one day rental cost in Tampa at a stiff $299 without any discounts. When I plugged in some dates in May, my one day rental cost was $229.

Despite the steep price of admission, this is a great way to test drive a Corvette for a day and will allow more people the opportunity to get behind the wheel of America’s favorite sports car.


Source:
Avis.com

Related:
Corvette Convertible Named Intellichoice Best Overall Value

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[VIDEO] Sebring – Lou’s GT2 C6 Corvette Dash Cam

by Keith Cornett on March 11, 2008

LG Motorsports #28 Riley C6 Corvette

The debut of the LG Motorsports #28 Riley C6 Corvette in the GT2 class at Sebring this week appears to be going very well. In only its second day of testing, the flames-themed Black and Yellow Corvette has rocketed to just about 1.5 seconds off the class leading Ferrari’s time of 2:02.535. With confidence in the new GT2 Corvette and greater familiarity with the raceway, drivers Lou Gigliotti and Doug Peterson’s times keep dropping with each session. Here are the times from the three sessions:

Session 1 – 2:08.146
Session 2 – 2:06.167
Session 3 – 2:03.909

Video after the jump.

The onboard camera catches Gigliotti putting the #28 GT2 Corvette through the paces during a tires test. The video shows just how absolutely fast this new Corvette is:

I can’t wait to watch how the team stacks up against the unbelievable field that makes up the GT2 class. The Riley Technologies-built Corvette C6 is fast and loud – truly American – and should compete well in its debut race.


Source:
LGMRacing.com
Supercars.net

Related:
Corvettes to Compete in ALMS GT2 Class in 2008

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