Photo Courtesy of Mecum
On Saturday afternoon at the Mecum auction in Dallas, Lot #123 – a 1967 L88 Corvette Roadster from the Buddy Herin collection took center stage. After five minutes of auction banter, the documented 1-20 L88 Corvette Sting Ray became the highest selling Corvette to ever sell at auction with a gavel price of $3.2 million.
This Corvette spent much of its early life at the drag strip and has the time slips to prove it. The car was raced along the West Coast in the NHRA A/Sports class in 1968-69 before returing to stock form in 1970.
Buddy Herin bought the Corvette in 1998 and sent it to the Nabers Brothers in Houston for restoration. The Corvette claimed a regional NCRS Top Flight award in 1997 and participated in the 2008 Bloomington Gold L88 Invasion.
GM records show 20 L88’s sold to the public for the 1967 model year. Documentation for this L88 Sting Ray includes the all-important tank sticker, extensive owner history and old racing photos and time slips.
The Marlboro Maroon Corvette sports a black, mostly original interior and a matching black stinger on the hood. The 427/430hp L88 engine is bolted to a M22 “Rock Crusher” 4-speed and has a 4.11:1 rear end. Other options include heavy duty power brakes, factory side exhaust, and the F41 suspension.
Here’s the video from of the sale from Mecum Auctions:
With the $3.2 Million dollar sale, this L88 eclipses the $1.6 million spent for the 1963 Corvette “Rondine” Coupe built by Pininfarina which sold at Barrett-Jackson’s Scottsdale auction in 2008.