This announcement is really no big news since the Last Corvette’s restoration was completed in January of this year. As anyone that knows anything about this car knows that the final stop is Scottsdale, Arizona. But for those that don’t know what the Last Corvette is, let me do a quick recap.
The Last Corvette is a 1967 Corvette Coupe with a 427-390 hp engine and a 4-Speed transmission. The VIN, #22940 was the last Corvette produced of the 1967 model year production run and therefore the last of the 1963-1967 “Midyear” Corvettes produced at the St. Louis Corvette Assembly Plant on July 12, 1967. The Corvette has been on Pro Team’s radar since the mid 90′s, but it wasn’t until 2005 that a deal was reached to purchase the unrestored car for 10x’s the VIN: $229,240.00
Is the last of the 1967 Corvettes that big of a deal? Some say yes. Terry Michaelis of Pro Team Corvettes, who owns the Last Corvette is fond of saying “Sure they made Corvettes after 1967, but who cares” when promoting this Corvette. And according to Craig Jackson, President of the Barrett-Jackson Auction, “Being the absolute final car of a world-famous model makes this one of the most collectible cars in the world.”
I’ve never subscribed much to the theory that the end of a model run is worth more because it was the last. I can understand being first, but not last. Comparing apples to apples, is a 67 Coupe with a 427/390 worth more than a 1967 L88 or L89? And something else is bothering me about this Corvette. The whole process seems to me to be a slick marketing event put together by some very smart people for only one reason…to make money. A lot of money. I guess if you are putting $229,420 into a Corvette that needs a frame-off restoration, you need a plan to make that money back. I don’t hold that against Pro Team or anyone else associated with this Corvette. It will sure be interesting to see what this Corvette can do when compared to some real highly collectible Corvettes that should be available this year at Scottsdale.
In defense of the Last Corvette’s publicity-hungry run-up to the auction at Barrett-Jackson, Pro Team has teamed up with two charities. The Ronald McDonald House and the Chip Miller Charitable Foundation will both benefit from the sale of the Last Corvette from matched donations, and in the case of the Ronald McDonald House, a Name the Final Bid contest.
And finally, not to appear totally negative about the marketing machine that is the Last Corvette, there is one element to this unprecedented sales campaign that I am really interested in. Premiering on December 7, 2006 is a six part documentary which chronicles the Corvette’s history and restoration. That series will air on SPEED and is titled American Muscle Car: The Last Stingray. This is will be a real joy to watch as the production quality should be extremely high and the companies that donated time and service are the tops of the Corvette industry including Naber’s Motors in Texas where the frame-off restoration was completed.
More information about the Last Corvette can be found at TheLastCorvette.com
Technorati Tags: Corvette | Auction | Barrett Jackson
Ever since the sanctioning body of the American Le Mans Series (ALMS) decided to “level the playing field” for the GT1 class by punishing the C6.R Corvettes for their technological advantage over the rest of the GT1′s competition, most notably Aston Martin, we begin each race week wondering what this week’s punishment will be. At the beginning of the ALMS season at Sebring it started with a 122 pound weight increase. By the 24 Hours of Le Mans, it was 200 pounds. At Lime Rock, ALMS finally gave the race away with a sanction that included a 200 pound weight increase, smaller fuel capacity and intake restrictors. Team Corvette fought hard, but finished 0.33 seconds behind Aston Martin for second place. With two races left and the race for the cup still too close to call, we wonder what the ALMS will impose for this weekend’s Petit Le Mans at Road Atlanta. We found the following graphic on the CorvetteForum.com and decided to send our own message to the ALMS sanction’s body: Free the C6.R!
Technorati Tags: Corvette | Racing | ALMS
While her husband Douglas was serving in Iraq for the past year, training Iraqi police in a province 50 miles south of Baghdad, school teacher Stacey Paley saved as much of her paycheck as possible to surprise him with the car that he’s always wanted. It had been Douglas’ lifelong dream to own a Corvette. Douglas returned from his tour of duty on September 10th and was rewarded with the Bronze Star and the Combat Infantryman Badge for his service and valor during combat. However, the biggest reward was waiting from his wife. The day after he returned, she took him to a dealership and showed him the Corvette she had already picked out…a 1996 Collectors Edition Convertible. He drove to his civilian job and claimed “I think they were more interested in the car than me.” As for his wife’s surprise and choice in Corvettes, Douglas said, “I’m just happy to have it”. Click here to read more of this inspirational story from the JournalInquirer.com
The National Corvette Museum has teamed up with CorvetteCentral.com to offer a free gift for those who subscribe to the NCM’s weekly eNews newsletter. The free gift? ”An attractive Fireworks and NCM Spire Magnet”.
I’ve been a subscriber to the eNewsletter for over a year and I can tell you that it has some nice content and interesting Corvette tidbits each week. And if you are a raffle ticket buyer, the NCM will surely keep you up to date on which raffles they have going as well as ticket availability.
So go ahead and become a subscriber. You’ll learn more about the activities of the National Corvette Museum and your refrigerator will thank you for the new Corvette magnet bling…
Click here to Register for the NCM eNews Newsletter and get the free gift!
Technorati Tags: Corvette | Museum
The 427 cubic inch engine is part of the automotive lore that is celebrated and revered for those that own the classic big block. Like its 327 little brother, when putting those three numbers together when talking engines, something magical happens. Sure, Chevrolet made about a billion 350′s as well as the 454, but in Corvette history, it’s all about the 427. Those three numbers can bring a grown man to tears. They can make the kid that pulled up next to you at the stoplight break out in a cold sweat. It’s the engine that was so powerful, Chevy fudged its output ratings by nearly 100 horsepower so as not to incur the wrath of the insurance industry as the story goes. That’s why many who now own the new legend, the 2006 and 2007 Z06 Corvette, are so eager to show other enthusiasts that their Corvette is the heir apparent to the 427 kingdom, and what better way to announce their rule than through the growing use of displaying 427 badges on hoods and quarterpanels. But what badges are the best badges, and where do you get them go the posts on the forums. Some still prefer the stealth. “Badges? We don’t need no stinking badges” is the most repeated quote. Be we here at CorvetteBlogger.com like the new badge craze and wish to pay homage to the King by offering a few glimpses of how owners are displaying their 427s.
Technorati Tags: Corvette | Z06 | 427
Overhaulin’ on the TLC Network is airing a new episode this evening featuring a 1957 Corvette. Like the previous Corvette episode, you’ll either love it or hate it. There doesn’t seem to be any middle road for Chip Foose when it comes to him redesigning the American classic sportscar. I am a fan of the show, but I tend to cringe whenever I see the “A Team” yank an original engine and replace it with a crate motor.
No photos have yet surfaced of the Overhauled 1957 Corvette, yet one post on CorvetteForum.com claims the following: “Now that the cat is out of the bag, except for the steering wheel and matching engine trim (you’ll see), the ’57 is very nice and the brakes are to die for.”
Tonightâ€™s show is titled “Roadies Stole My ‘Vette!” The 1957 Corvette has been in Carl’s family for 46 years. But Carl and his wife are too busy with their family and business. Meanwhile, the Corvette sits in the garage, waiting for the time and money that will one day restore it to its original “cool”. The new episode will appear Tuesday night at 9pm EST.
Source: TLC.com via CorvetteForum.com
Technorati Tags: Corvette | Overhaulin
Soooo, could this be one of the firsts in a series of shake downs for the Blue Devil Corvette? Johnny O’Connell of Corvette Racing fame (#3 car) posted on his web site that he will be test driving some Corvette street cars around the Nuerburgring, a 12.9 mile closed road track in Germany. And how is Johnny prepping for his week abroad? He’s learning the course by practicing on his X-Box! I love it!! From Johnny O’ Connell’s Website:
Every now and then you get to do something really cool in this job. This Saturday Iâ€™m headed over to Germany to run some Corvette street cars around the Nuerburgring. Iâ€™ve been there once before back when I drove for Panoz, and did do one lap on the long circuit, but this is going to be several days driving on it and should be a blast. Iâ€™m getting to know the circuit beforehand by practicing on X-Box, so hopefully will have it memorized before I get there.This isn’t something new for Chevrolet. Back in 2005, Jan Magnussen, another Corvette Racing driver tested the soon-to-be-released 2006 Z06 on the famed ‘Ring, posting one of the fastest laps ever recorded at 7:43. Also, I might be mistaken, but I am unaware of Chevrolet testing the regular C6 (Non-Z06) Corvette in Germany either. If I am wrong on that, please let me know. Source: JohnnyOConnell.com
Technorati Tags: Corvette | Blue Devil
MT in Colorado recently submitted this 1976 Corvette for an Online Appraisal at VetteFinders.com: 1976 T-Top Corvette, VIN #1237L6S437xxx. Red with Red vinyl interior, original 350 ci with 4-speed, 135K miles. Power steering, brakes, windows. Factory air, tilt-tele steering column. Original luggage rack. All original and non modified. Never restored. Corvette is in average, street driven condition. No documentation.
With Corvette values rising yearly, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at VetteFinders.com. Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Technorati Tags: Corvette | Values | Appraisals