The curtain came down Sunday, January 19th, on the most successful Barrett-Jackson Scottsdale auction in history. The FOX televised, eight-day event, sometimes called the “world’s greatest reality show,” was hosted in Barrett-Jackson’s brand new bricks and mortar facility with much improved space and amenities, a building that was completed in only eleven months time and completed only days before the auction start on Sunday, January 12th. Barrett-Jackson’s former main auction tent, the largest tent in the world, was connected to the new permanent auction building and created an impressive almost mile long facility from one end to the other.
New Chevrolet Corvette C7.Rs to race for first time in TUDOR Championship opener
DETROIT (Jan. 21, 2014) – Fifteen years ago, Corvette Racing stepped onto the world’s sports car stage for the first time. Thirteen years ago, it scored a stunning overall victory in the Rolex 24 At Daytona. Now with 90 victories around the world – seven at the 24 Hours of Le Mans – and 10 American Le Mans Series titles, America’s premier production-based sports car team is back at Daytona with a brand new car to contend for a brand new championship.
When the all-new C7.R Corvette race car was revealed at the North American International Auto Show last Monday, a small contingent of personnel from Corvette Racing and Pratt and Miller were on hand to witness the event.
We caught up with Doug Fehan, Corvette Racing’s Program Manager, on the show floor and spoke with him about the new race car and the inaugural race of the TUDOR United Sportscar Championship at the 24 Hours of Daytona.
We’ve heard all the good news about the 2014 Corvette Stingray over the past few months, with numerous honors being awarded to the seventh generation of Chevrolet’s sports car.
The good news shows no sign of stopping, either.
The National Corvette Museum is racing toward its 20th anniversary in August, literally. That’s when it will open a widely anticipated Motorsports Park featuring a 3.1-mile road course on 184 acres across the interstate from the museum.
All Corvette enthusiast eyes were on Barrett-Jackson in Scottsdale Saturday afternoon in expectation for some record setting prices. If you have been following CorvetteBlogger’s updates on this week’s Barrett-Jackson auction extravaganza, you know that their 2014 event has gotten off to a strong start with attendance up 30% through Thursday and sales exceeding last year by over 8%.
Saturday is traditionally when the best of the best collector cars cross the block and in the late afternoon within a little over one hour six Corvette lot numbers sold for a combined total of $8.63M including bidder fees. These included some of the best known and important Corvettes.
But the real star of the afternoon was a 1967 second generation L88 coupe we called the “crown jewel” of Corvettes in an article back in November, one of only twenty Corvette L88 coupes built that year. Within a few minutes of the famous “Rebel” racecar selling for $2.86M (including buyer’s premium), the 1967 L88 red/red award-winning coupe set a new world’s record for a Corvette sold at auction when it hammered for $3.5M ($3.85M including buyer’s fees). The bidding quickly rose to $2M then surpassed the former record price of $3.2M set by another 1967 L88 last September by almost 10%. When the reserve was lifted the car sold setting a new world’s record Corvette auction record.
1967 427 3 2bbl fully restored car crossing block Saturday Lot 1278 – Photo courtesy of Barrett Jackson
Traditionally Thursday at Barrett-Jackson’s eight day collector car auction is a transitional day that bridges the gap between the early “bargain days” where many entry level, “small cap” collector cars are featured and the more expensive “blue chip” high dollar cars which cross the block on Friday through Saturday. This year has proved to be the strongest start to Barrett-Jackson’s auction extravaganza where over 1300 cars will cross the block over the course of the auction.
General Motors and Chevrolet had a busy day Monday at the North American International Auto Show. First, they had to accept their awards for North American Car (Corvette Stingray) and Truck (Chevy Silverado) of the year, then it was over to Chevrolet display to show off the new 2015 Corvette Z06 and its evil twin, the C7.R. We’ve already taken a look at the Z06, now let’s immerse ourselves in a sea of C7.R.
The 2014 auction season is off and running and if the first few days’ results are any indication this year is going to set records in prices and attendance. Barrett-Jackson kicked off the season on Sunday, January 12th, with their legendary auction extravaganza and so far have seen attendance jump by 25%. In addition the prices paid have set a precedent for the highest for initial first few days, days traditionally know for “bargains”.
At the 2014 North American International Auto Show, an informal conversation with Corvette Chief Engineer Tadge Juechter turned into a 15 minute Q&A session. Quickly flipping on the camera, we caught a lot of great tidbits about some of the technology behind the all new 2015 Corvette Z06.