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Corvettes Bring in $2.5 Million During Monterey Auctions

by Keith Cornett on August 28, 2007

No less than four auction companies held events during the Pebble Beach Concours d’Elegance in Monterey over August 17-19. The auctions from Christies, RM Auctions, Bonhams and Butterfield and Gooding & Company combined for nearly $2.5 million in Corvettes sales. The top price-getter was a 1968 L88 Corvette Coupe, which sold for $254,500. On the newer end of the sales spectrum, a 2007 Ron Fellows ALMS GT1 Championship Z06 Corvette sold for $121,000. The auction results for Corvette:

Year Model Auction High Bid
1954 Corvette Convertible RM Auctions $74,250
1957 Corvette Convertible Christies $60,500
1957 Corvette Convertible RM Auctions $66,000
1957 Corvette Convertible RM Auctions $68,750
1957 Corvette Convertible Race Car Gooding & Company $115,500
1959 Corvette Convertible RM Auctions $88,000
1959 Corvette Convertible Christies $66,000
1960 Corvette Convertible Christies $60,500
1960 Corvette Convertible Christies $55,000
1960 Corvette Convertible Christies $66,000
1961 Corvette Convertible RM Auctions $110,000
1963 Corvette Convertible Fuelie Bonhams & Butterfield $101,790
1965 Corvette Convertible 396/425 RM Auctions $170,500
1966 Corvette Convertible 427/425 RM Auctions $121,000
1966 Corvette Convertible 427/425 RM Auctions $96,250
1967 Corvette Coupe 427/435 Bonhams & Butterfields $166,500
1967 Corvette Convertible 427/400 Bonhams & Butterfields $54,990
1967 Corvette Coupe 427/435 Bonhams & Butterfields $144,500
1967 Corvette Coupe 427/400 Bonhams & Butterfields $105,300
1968 Corvette Coupe L88 Bonhams & Butterfields $254,500
1968 Corvette Coupe L88 Bonhams & Butterfields $155,500
1969 Corvette Convertible 427/435 RM Auctions $126,500
2007 Corvette Z06 ALMS Ron Fellows RM Auctions $121,000
    Total Sales $2,448,830

Source: Related:
Max Weinberg’s 1957 Corvette to be Auctioned at Christies
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You’re Invited! GM Holding Corvette Racing Pep Rally

by Keith Cornett on August 28, 2007

Dear Corvette Racing Fan:

=You are invited to join GM North America President Troy Clarke, along with Chevrolet General Manager Ed Peper, as they lead GM employees and Corvette enthusiasts in a pep rally cheering on Corvette Racing’s own drivers Oliver Gavin, Olivier Beretta, Johnny O’Connell, Jan Magnussen, Ron Fellows and Max Papis for Corvette Racing’s inaugural appearance at the Detroit Belle Isle Grand Prix this weekend. Special guests include Detroit Belle Isle Grand Prix Chairman Bud Denker and American Le Mans Series President Scott Atherton. The public is invited to attend. Schedule of Events: 11:00 am – Driver autograph session
11:30 am – Corvette Racing pep rally The Pep Rally will be held at the GM Global Headquarters at the Renaissance Center; GM Plaza on the River Walk; Detroit, Michigan.
Photo Credit: Richard Prince Related:
Corvette Racing: #3 C6.R Wins GT1 At Mosport Technorati Tags:
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Corvette Racing: #3 C6.R Wins GT1 At Mosport

by Keith Cornett on August 27, 2007

=Lady luck finally showed up for the number 3 Corvette C6.R after a string of bad luck has kept Johnny O’Connell and Jan Magnussen out of the winner’s circle for much of this season. Their win today breaks a streak of four races straight by the number 4 Corvette C6.R driven by Oliver Gavin and Olivier Beretta. Hometown favorite Ron Fellows and Andy Pilgrim in the #33 Artic White C6.R Corvette rounded out the GT1 class. All three Corvettes went 116 laps around the 2.5 mile circuit. The race turned with an hour left when the GT1 leading #4 Corvette C6.R was struck and spun out by a prototype and went off track at Turn 3. The #3 Corvette was then able to take the lead and then extend it to a win with a quick pit stop and flawless racing. The last time O’Connell and Magnussen shared the Winner’s Circle at Mosport, it was 1999 and the pair won the LMP1 class in a Panoz prototype.

“We’ve been so snake bit this year and nothing went right for us,” O’Connell said. “We’ve been working with a new engineer (Ben Brady) and on bringing the winning chemistry back. Everything went right today. To share it with Jan having won here before was huge.” “We’ve managed to come up nearly every race to come up with a way to lose so that was in the back of my mind,” Magnussen said. “The car was good and the tires were absolutely great. Everything went according to plan. We had a mega pit stop and we opened up a gap, and Johnny made a stop and we opened it up even more.”
After Gavin’s spin, the #33 C6.R Corvette moved into second place and stayed their consistently until with 2 minutes remaining Gavin passed Fellows and held on through the checkered flag.
“It was very cool to run the white car with Andy,” said Fellows. “He did a great job, and when it was time to race, he did what he needed to do. I’m happy for my pal Johnny to win here at Mosport – it makes up for the ones that got away from the two of us!” “The fans’ attention is incredibly flattering,” Fellows reflected. “You need to cherish those moments because they’re not going to happen forever. I’ll never forget it.” “I had a blast!” Pilgrim declared. “I’m really proud to race with Ron in Canada, and I’ve had a wonderful time. The Corvette C6.R is an amazing machine. I’ve gone four seconds a lap faster around Mosport than I ever went in the C5-R.”
The Grand Prix of Mosport was likely Ron Fellows last start for Corvette. Ron took the Corvette Racing program to new heights during his service and it’s a fitting tribute to have watched him drive the Artic White Corvette C6.R at Mosport. Corvette Racing’s next event is the Detroit Belle Isle Grand Prix in Detroit Saturday, Sept. 1. SPEED Channel will televise the race live at 3 p.m. EDT.
Photo Credit: Richard Prince Related:
Corvette Racing: Gavin Takes the Pole at Mosport; Fellows Second.
Corvette Racing to Field 3 C6.R’s Corvettes at Mosport Technorati Tags:
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Storm Hammers Corvettes at Carlisle

by Keith Cornett on August 26, 2007

Storm wrecks the 1957 Corvette display A powerful storm front moved through the mid-state Pennsylvania area causing havoc and leaving several Corvette enthusiasts with injuries. One Corvettes at Carlisle attendee was injured when a tree fell onto his 1968 Corvette as he was leaving the show. Five attendees were hospitalized and at least 12 others were treated at the fairgrounds for storm-related injuries. Storm Video 1
Storm Video 2
Storm Photo Gallery
More Photos Statement from Lance Miller:

Hi everyone, it’s been a VERY long day/night here at Carlisle. I saw this post and wanted to make sure everyone heard it from the “horses mouth”. I’d like to provide all the information that I’m aware of at this time about this evenings storm. There are already a lot of rumors spreading… hopefully this post will help clarify everything. There was a serious storm that hit Carlisle this evening. I’m not certain if it was a tornado at this point in time, I’ll let you know once I find out more info (I’ve heard wind gusts of up to 70mph). I can assure you it’s not exactly pretty right now (12:30 am) on our grounds. Fortunately we DID NOT HAVE ANY FATALITIES – the rumormill is rampid from what I’ve been hearing. There were 5 injuries that I’m aware of at this point. There were incredibly high winds and as you all know there are a lot of tents throughout the grounds – it’s not pretty. It will be business as usual tomorrow morning. Our staff did an incredible job, I’m thrilled to be a part of such a great team. It’s getting late, I just wanted to drop everyone a line prior to getting out of my office… I hope this message helps clarify everything. I’d be happy to share further info, but I’m exhausted after such a hot long day. Good evening, Lance
We’ve got a lot of friends up there. Let’s hope the weather clears up and everyone has a safe time at Carlisle.
The Patriot News Technorati Tags:
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=The #4 C6.R from Corvette Racing has been on a bit of tear lately, winning seven of eight races in the American Le Mans Series this year including the last four straight. Yet, for perhaps the first time this year, fans of Corvette Racing aren’t rooting for the #4 or the #3 Corvette for that matter. Local hero and Corvette Racing legend Ron Fellows is making what could be his final run at Mosport behind the wheel of his Artic White C6.R so who wouldn’t want to see the former ALMS GT1 Champ and his #33 Corvette cross the finish line first this weekend? Tell that to Oliver Gavin. Gavin in the #4 C6.R put up the fastest time in GT1 today, winning the pole by 0.148 seconds ahead of Ron Fellows with a time of 1:13.857. The #3 Corvette with Johnny O’Connell and Jan Magnussen will start third in class after O’Connell’s lap of 1:14.097.

“I don’t think I’m very popular here,” Gavin cracked. “I’m going to wear a mask or bag over my head. No one gets preferential treatment here. Everyone is given the same car. All the data is going back and forth between all three cars. It’s great to see the white car around here and it should bring more fans in. Ron has been around here for so long and I think he may have a couple of tricks up his sleeve.”
Traffic played a bit of a role in the outcome of qualifying, Gavin said. He had relatively clean laps while Fellows got caught a couple of times behind slower cars.
“The traffic didn’t affect me as much as it did Ron,” Gavin said. “It’s still a great track and an amazing place to qualify. Having new tires and low fuel is always a lot of fun here. The corners are fun because they are so quick. I’m pleased I had this one.”
Yes, Fellows is the main attraction here. He is so well regarded here on his home track that the Mosport International Karting Academy has named a corner after him. Corner 7, arguably the toughest corner on the track and referred to as the “bowl” has been renamed the “Ron Fellows Bowl”. Fellows will be racing twice at Mosport this weekend, with his #33 C6.R and the factory Cadillac CTS-V in the Speed GT Championship. The Grand Prix of Mosport presented by Mobil 1, the ninth round of the 12-race ALMS series, will start at 3 p.m. EDT on Sunday, August 26, and will be broadcast live on SPEED Channel.
Photo Credit: Related:
Corvette Racing to Field 3 C6.R’s Corvettes at Mosport Technorati Tags:
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Friday’s Featured Corvettes for Sale

by Keith Cornett on August 24, 2007

Earlier this week I broke the news that the Corvettes at Carlisle auction was being reduced to just a Saturday-only auction. Since we are one day out from that event, I thought it would be appropriate to look at several of the cars that have already been consigned and ready to sell. 1963 Corvette Coupe
1963 Corvette CoupeMy top pick for the show is the 1963 Corvette Z06 Coupe (Lot C021). The Silver Blue Corvette, already desirable due to its split window configuration is just 1 of 199 Corvettes to have the Z06 option and 1 of 63 to have the NO3 36 gallon “tanker” option. The Corvette is a matching numbers car with correctly dated 327 ci 360 hp fuel injected motor. The odometer reads 89,000 miles, but 0 miles have been put on the Corvette since 1973.The Corvette has both NCRS Top Flight and Bloomington Gold certificates. Click here to view the Auction Description page. 1967 Corvette Convertible
1967 Corvette ConvertibleThis 1967 Corvette will probably not sell for the highest price of six 1967 Corvettes to go though the show, but it’s certainly one of the nicest we’ve seen on the Carlisle List. The Marina Blue Corvette Convertible is powered by a 427 ci 400 hp coupled to a Powerglide transmission. Documented with the tank sticker, this Corvette has a host of options including Air Conditioning, Power Steering, Power Brakes, Power Windows, Side Exhaust and Rally Wheels on Red Line tires. It received a Bloomington Gold Certificate back in 2002. Click here to view the Auction Description page. 1999 Mallett 435 Corvette Coupe
1999 Mallett 435 Corvette CoupeFinally, what would Carlisle be without a Corvette from the late co-founder of Corvettes at Carlisle Chip Miller. Chip’s 1999 Mallett 435 is selling at no reserve. Featuring a Mallett 435 Conversion, the Black on Black C5 has 500 hp. Only 17,200 miles are on the Corvette, and you can bet that it has “never seen rain”. The Corvette’s Mallett conversion includes a 6.1 liter 372 CI V8 engine, Long tube headers, and body emblems with the “Mallett 435″ logo. A very nice tuner Corvette with a pedigree of having been owned by one the greats in the Corvette hobby. Click here to view the Auction Description page. Do you have a Corvette for sale that you think would be worthy of being featured? Drop me an email and let me know where we can find out more about it. And stay tuned for next week’s Friday’s Featured Corvettes.
Source: Related:
Friday’s Featured Corvettes for Sale (08/10/07)
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Auction Results: Russo & Steele Monterey 2007

by Keith Cornett on August 23, 2007

1967 Corvette with 427 ci 400 hp and A/CWow, there was some real talent at last weekend’s Russo and Steele auction in Monterey. Nine Corvettes sold for a total take of $804,650. Fetching the top price for Corvettes was the 1984 Lola GTP Corvette Race Car which sold for $269,500. Of the eight other Corvettes that sold, three Corvettes were original A/C cars and two were Fuelies. Best catch of the day just may have been this 1967 Coupe with the L68 427 ci 400 hp with factory air conditioning. That Corvette sold for a very reasonable $70,400. Here are all the Monetery 2007 Corvette auction results with links to the auction page:

Year Model Details High Bid
1954 Corvette Convertible 89K Miles $68,750.00
1957 Corvette Convertible 283 ci Fuel Injection $86,900.00
1960 Corvette Convertible 283 ci 270 hp $69,300.00
1962 Corvette Convertible 327 ci 360 hp Fuelie $77,000.00
1964 Corvette Coupe 327 ci 300 hp / AC $49,500.00
1965 Corvette Convertible 327 ci 300 hp $55,000.00
1966 Corvette Convertible 327 ci 350 hp / AC $58,300.00
1967 Corvette Coupe 427 ci 400 hp / AC $70,400.00
1984 Lola Corvette Racecar GTP Corvette $269,500.00
    Total Sales: $804,650.00

Russo and Steele
Auction Results: Corvette at Kruse July Auctions Technorati Tags:
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Autoextremist: GM May Greenlight Mid-Engine C7 Corvette

by Keith Cornett on August 22, 2007

A Mid-Engine Ferrari F40Peter De Lorenzo’s Rants column at AutoExtremist is required reading on Wednesdays and this week he may have just hit a home run to the Corvette fan base. Conversations with high level executives lead Sweet Pete to claim that “the Mid-Engined Corvette is not only back on the front burner – it looks to be a certainty”:

It was already supposed to be a done deal that the seventh generation of the Corvette would arrive in its current, front-engined, rear-wheel-drive configuration – albeit slightly smaller, lighter and with two engine choices. There was serious talk of an extremely limited production mid-engined “super” Corvette (fewer than 500 units), which would be built as an adjunct program to the traditional car, but that had not been decided. That’s the way we reported it many weeks ago, and that was the assumption by many in the business as to how it was going to go down – until now. But after my conversations late last week with executives at the top of the company (who shall remain nameless for obvious reasons), I can tell you that the “idea” of a mid-engined “C7″ Corvette has not only progressed far beyond the initial planning stages, the engineering on the car is well underway.
Pete goes on to examine the 3 factors that he says changed the internal debate for building a Mid-Engined C7 Corvette. With Pete’s track record and contacts in the industry, he is probably the one person to believe on this subject as Corvette seems to be a cause celeb of his. So if he say’s its coming, after approval from GM brass in September, its coming. We are so ready for GM to make the leap to a mid-engined Corvette for host of reasons. Corvette needs to be the platform and the showcase for these new technologies. But if it has the Corvette name on it, then it needs to be done right: Better than the competition and still be affordable to the masses. Click here to read
Source: Related:
Autoextremist: GM Debating over Mid-Engined Corvette Technorati Tags:
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Carlisle Auction Reduced to One Day Event

by Keith Cornett on August 22, 2007

Just about everybody that has a passing interest in Corvettes is familiar with the Corvettes at Carlisle show held annually in Pennsylvania this time of year. For the last few years, Dana Mecum has been at the helm of organizing and gaveling the auction. However earlier this year the Carlisle events team announced that they would be taking the Corvette auction duties in-house. Today I spoke with Auction Manager Dennis Baish about this weekend’s event. Dennis confirmed what I heard that the actual auction will happen on Saturday only while Friday night has been reserved for a sellers reception. The auction website currently has 78 Corvettes consigned and Dennis believes they are on track for 100 Corvettes this weekend. While this number is down from the 160 quoted on the website, the quality of Corvettes that have been consigned appears quite good. Many times the measure of a good Corvette auction is the number of 1967 Corvette Big Blocks available. The consignment list shows six 1967 Corvettes and at least four of them are 427′s. Perhaps the most exciting Corvette available so far is a 1963 Z06 Big Tanker Coupe which should be one of the top Corvettes sold this weekend. We’ll have more on this Corvette later this week. Do you have a Corvette to sell? Remember what Terry Michaelis from Proteam Corvettes said earlier this week: Be a smart seller by picking high profile events to sell your Corvette. The fees for consigning your Corvette at the Carlisle auction appears to be quite reasonable for such a high quality Corvette-only auction. Buyers pay $100 registration fee with a 5% buyers commission added to the sale of any Corvette. Sellers pay a $250 or $400 consignment fee depending on the time the Corvette is scheduled to cross the block. Sellers also pay 6% for cars selling with a reserve or 5% for no reserve cars. The Corvettes at Carlisle TV Commercial:

Source: Related:
2006 Auction Results: Corvettes at Carlisle Technorati Tags:
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Late Night Observation: All’s Quiet on the Corvette SS

by Keith Cornett on August 22, 2007

The first half of this year was abuzz in Corvette Blue Devil/SS news. We had spy photos from the professionals and from insiders who later got fired. The Blue Devil/SS was seen in Europe side-by-side with a Ferrari 599. For a while we were averaging a couple spy shots a month. The last sighting, the Yellow Devil pics from Popular Mechanic’s Jim Dunne, appeared nearly 2 months ago. Since then, the 6th of June, all has been quiet. No sightings, no spy photos. No slips of the tongue by Maximum Bob Lutz. Nothing… Does this tell us more about the status of the Blue Devil/SS more than a spy photos ever could? The last comments on the Blue Devil/SS by Lutz said the car was completing its powertrain testing. Perhaps now GM is adding the specific body panels that will make the Blue Devil/SS as unique to the Corvette Lineup as the Z06′s side scoops and front air vent. Maybe we’re in for a more radical approach? The next few months are key for GM as they try to keep the lid on unauthorized leaks of the supervette before it makes its debut at one of the auto shows in early 2008 (as we expect). We also expect that details of the Blue Devil/SS will emerge prior to its debut as we saw in the run-up to the introduction of the C6 as well as the C5. Heck, the NY Times couldn’t even honor an embargo on the Chevy Volt, what would they do with details of the Blue Devil/SS? In the meantime, I’ve created a central repository for all of our Corvette Blue Devil/SS news. As news becomes available we will post and archive those stories there.
Corvette Blue Devil/SS Technorati Tags:
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