Barrett-Jackson wrapped up their three day foray to the East Coast as their 10th annual Palm Beach Collector Car Auction concluded on Saturday. The 2012 car list was a bit lighter on Corvettes compared with the auction house’s previous Palm Beach sales, but we still witnessed 39 Corvettes ranging from a 1954 roadster to a 2008 Indy Pace Car replica being sold at no reserve.
Paul Newman’s last competitive car – a 2002 Corvette racer adorned with patriotic red, white and blue paint – made it past the low end of the pre-auction estimates at a Florida sale over the weekend – but not by much.
The famous actor’s car brought $275,000 at RM Auctions’ sale in Amelia Island on Saturday, March 10, just above the bottom of the range of $250,000 to $350,000 that had been estimated by experts in the weeks before the sale.
When is a Corvette more than just a car?
When it happens to be the 1993 40th Anniversary coupe that has raised more than $300,000 at Barrett-Jackson’s collector car auctions, benefiting cancer research at the Translational Genomics Research Institute (TGen).
This classic 1960 Corvette racer was sold February 2nd at the Bonhams Paris sale. It is a sister car to the cars that ran Le Mans in 1960. The gold-with-red-stripes racer owned by Corvette author and enthusiast Tom Falconer changed hands for €67,850 with all fees. That’s $88,878 to you and me.
A ton of excitement was generated on Saturday afternoon at Mecum’s inaugural auction in Dallas. Of the 116 L88 Corvettes that were built in 1969, the black coupe that hit the auction block this past Saturday may be one of the finest examples of them all. An all original Corvette, the Black L88 coupe dominated the attention of bidders and its stong selling price at $562,500 set the high sale of the entire auction.
Racing at Monterey is always a challenge and with the ALMS Drivers and Manufacturers Championship titles on the line, Corvette Racing needed a strong result to keep them in contention. For six hours, Corvettes battled BMW, Ferrari and Porsche on the roller coaster that is Laguna Seca raceway. Did the team succeed and force a “game seven” for the championships at Petit Le Mans? Hit the jump to see the results of the American Le Mans Series at Laguna Seca.
Corvette Racing was back on the track yesterday at Lime Rock in the American Le Mans Series first race following the Le Mans break. Limerock is the ultimate bullfight with 4 separate classes running the 1.5 mile historic track in connecticut and yesterday’s race lived up to the hype. The ALMS Northeast Grand Prix will be rebroadcast today at 1pm ET on ESPN 2. However, if you want to find out how the Corvette team did, click through the jump for yesterday’s results.
Article and photos contributed by Steve Burns
The atmosphere at this year’s Bloomington auction was interesting. The tent was generally full of bidders and spectators all weekend. Surprisingly, though, bids were hard to come by at times. This can be seen in the numerous cars that sold for less than $10,000. On the flip side of this were the high-end cars. The 1971 ZR2 opened and bidding promptly stalled at $400k. A few moments later the bid was raised to $410k, the reserve was lifted, and the ZR2 was off to its new home.
We’ve noted several good Corvette buys this weekend at Dana Mecum’s Spring Auction in Indianapolis but I don’t think anyone was prepared to see a 2009 Corvette ZR1 sell for $70,000. But that’s what happened when the VIN #0006 crossed the auction block Saturday afternoon.
The American Le Mans Series at Long Beach proved to be another tough battle in the GT class. Long Beach is often referred to as a street fight and that description was apt for describing the multiple lead changes and some shocking mistakes made by drivers during the two hour race. ESPN 2 carries the replay Sunday at 5:00 pm EST. Hit the jump for the results.