1st 2023 C8 Corvette Z06 Sells For a Whopping $3.6 Million

The 2022 Barrett-Jackson Scottsdale just concluded and the highest selling Corvette was the 2023 Chevrolet Corvette Z06 VIN 001 (also the first retail production 70th Anniversary Edition). When the hammer was struck, the winning bid was an astonishing $3.6 million. The first retail 2023 Corvette Z06 was purchased by Rick Hendrick, the founder, and CEO of Hendrick Companies.

Below is Chevrolet’s Press Release followed by Barrett-Jackson’s Press Release

FIRST 2023 CORVETTE Z06 RAISES .6 MILLION FOR OPERATION HOMEFRONT
FIRST 2023 CORVETTE Z06 ON DISPLAY AT THE BARRETT-JACKSON AUCTION IN SCOTTSDALE, AZ IN 2022.

FIRST 2023 CORVETTE Z06 RAISES $3.6 MILLION FOR OPERATION HOMEFRONT

2022-01-29

SCOTTSDALE, Ariz. – Operation Homefront will receive $3.6 million from today’s sale of the first retail 2023 Chevrolet Corvette Z06 70th Anniversary Edition at the Barrett-Jackson Scottsdale Auction. This is a record sale for a charity vehicle donated by a manufacturer at Barrett-Jackson, surpassing the previous record, held by the first retail 2020 Chevrolet Corvette Stingray, by $600,000.

The 2023 Corvette Z06, offering the highest horsepower naturally-aspirated V-8 to hit the market in any production car, was driven onto the block at the annual auction by retired Corvette Racing legend Oliver Gavin. Representatives from Operation Homefront, a national nonprofit focused on building strong, stable, and secure military families, were at the auction to experience this exciting moment firsthand. 100 percent of the winning bid from Rick Hendrick, chairman, and CEO of Hendrick Automotive Group and owner of 14-time NASCAR Cup Series champions Hendrick Motorsports, benefits Operation Homefront.

“We are deeply grateful to our friends at Chevrolet and Barrett-Jackson for choosing Operation Homefront as the beneficiary of this incredible auction,” said Brig. Gen. (ret.) John I. Pray Jr., president, and CEO of Operation Homefront. “The proceeds from the sale of this sensational Corvette Z06 will go a long way to helping us help our military families overcome their financial hardships and have the opportunity to thrive in the communities – our communities – they’ve worked so hard to protect.”

Since 2017, Chevrolet has been a proud supporter of Operation Homefront. Chevrolet has provided seven Silverado full-size trucks to the organization’s headquarters and six regional offices, and donated funding for services. Today’s Barrett-Jackson auction significantly increases the funding support Chevrolet has been able to provide to Operation Homefront.

“It’s truly a privilege to support our military members and their families through Operation Homefront,” said Steve Hill, Chevrolet vice president. “Proceeds from the first retail 2023 Corvette Z06 will benefit many U.S. military families across the country who have done so much to serve our country.”

FIRST 2023 CORVETTE Z06 RAISES .6 MILLION FOR OPERATION HOMEFRONT
The air was electric with support for our military and veteran families as the first retail production of the 2023 Chevrolet Corvette Z06 70th Anniversary Edition went for $3.6M at last night’s Barrett-Jackson auction. All proceeds from the auction will go to Operation Homefront. We are grateful for the generous support of Chevrolet towards our critically important work of serving America’s military families.
FIRST 2023 CORVETTE Z06 RAISES .6 MILLION FOR OPERATION HOMEFRONT
FIRST 2023 CORVETTE Z06 RAISES $3.6 MILLION FOR OPERATION HOMEFRONT – This is over 40 times the price of the base Corvette ZO6!

Barrett-Jackson’s Press Release

Barrett-Jackson Helps Raise More Than $8.8 Million for Charity with Help from GRAMMY Award-Winning Artist Pitbull and Sale of 2023 Chevrolet Corvette Z06 VIN 001 for $3.6 Million

January 30, 2022

 2023 Chevrolet Corvette Z06 VIN 001 – First Retail Production 70th Anniversary Edition (Lot #3009) hammered for .6 million
2023 Chevrolet Corvette Z06 VIN 001 – First Retail Production 70th Anniversary Edition (Lot #3009) hammered for $3.6 million

SCOTTSDALE, Ariz. – January 30, 2022 – Barrett-Jackson, The World’s Greatest Collector Car Auctions, raised more than $8.8 million for charity during the company’s 50th-anniversary celebration at WestWorld of Scottsdale, January 22-30. Breaking the Barrett-Jackson record for the highest-selling OEM charity car, the highly anticipated 2023 Chevrolet Corvette Z06 VIN 001 – First Retail Production 70th Anniversary Edition (Lot #3009) hammered for $3.6 million. A long-time friend of Barrett-Jackson, Michelle Mauzy, also donated an additional $100,000, totaling $3.7 million going directly to Operation Homefront. To date, Barrett-Jackson has helped raise over $144 million for charity.

Earlier on Saturday evening, the auction arena ignited when GRAMMY Award-winning artist, worldwide music icon, renowned philanthropist, and NASCAR Cup Series Trackhouse Racing Team owner Pitbull joined Craig Jackson and Steve Davis on the auction block to sell his 2022 Karma GS-6 “Mr. 305 Edition” (Lot #3008). Pitbull’s custom Karma sold for $500,000 to benefit the Selfless Love Foundation and The SLAM Foundation. With an additional $100,000 also donated to each of the two charities by Mauzy, this “Mr. 305 Edition” GS-6 raised a total of $700,000.

Craig Jackson, chairman and CEO of Barrett-Jackson
Craig Jackson, chairman and CEO of Barrett-Jackson

“Raising over $8.8 million for charity this weekend was the perfect way to honor our 50th Anniversary,” said Craig Jackson, chairman, and CEO of Barrett-Jackson. “It was an absolute honor to share our auction block with some of the world’s most influential artists and business leaders, including Pitbull, Bret Michaels, and Henry Ford III to raise both funds and awareness for many worthy causes. Our company’s roots are firmly planted in giving back to our community and I am confident my parents Nellie and Russ as well as Tom Barrett would be proud to see that we never lost sight of their philanthropic vision.”

On Friday, music icon, philanthropist, and entrepreneur Bret Michaels supported the sale of the 1973 De Tomaso Pantera (Lot #3004) with 100-percent of the $155,000 sale benefiting Arizona-based Barrow Neurological Foundation and their upcoming charitable event, Neuro Night.

Bidding for vehicles that benefited charity started on Thursday with the auction of Hollywood actor and racer James Garner’s 2009 Cadillac CTS 4-Door Sedan (Lot #3000) that sold for $100,000, benefiting James Garner Animal Rescue Fund. The bidding continued on Thursday with the sale of the 2021 Ford Bronco “Bronco 66” First Edition (Lot #3001) that raised $500,000 to benefit the Pope Francis Center.

“The amount of good to come from the nearly $9 million we raised from the charity is simply immeasurable,” said Steve Davis, president of Barrett-Jackson. “From supporting life-saving medical research and higher education opportunities for our youth to supporting our military veterans and their families, we aren’t just raising money, we’re creating hope, improving lives, and lifting spirits. I couldn’t be more honored to be connected to the heart and soul of this community.”

The ten vehicles that crossed the auction block for charity during the 2022 Scottsdale Auction included:

  • 2023 Chevrolet Corvette Z06 VIN 001 – First Retail Production 70th Anniversary Edition (Lot #3009) – $3.6 million to benefit Operation Homefront (plus an additional $100,000 donated)
  • Pitbull’s 2022 Karma GS-6 EV “305 Edition” (Lot #3008) – $500,000 to benefit Selfless Love Foundation and The SLAM Foundation (plus an additional $200,000 donated)
  • 2022 Toyota Tundra Capstone Hybrid Crewmax Pickup VIN 001 (Lot #3007) – $700,000 to benefit Toyota U.S. Paralympic Fund
  • 2022 Ford Shelby GT500KR First Production (Lot #3006) – $700,000 to benefit Carroll Shelby Foundation and JDRF
  • 2022 Toyota Tundra TRD Pro Crewmax Pickup VIN 002 (Lot #3005) – $550,000 to benefit Toyota U.S. Paralympic Fund
  • 1973 De Tomaso Pantera (Lot #3004) – $155,000 to benefit The Barrow Neurological Foundation
  • 1968 Ford Mustang Custom Fastback (Lot #3003) – $1 million to benefit the STARS Foundation
  • 1965 Shelby Cobra 427 S/C CSX 6086 (Lot #3002) – $280,000 to benefit the Mayo Clinic
  • 2021 Ford Bronco “Bronco 66” First Edition Model (Lot #3001) – $500,000 to benefit Pope Francis Center
  • James Garner’s 2009 Cadillac CTS 4-Door Sedan (Lot #3000) – $100,000 to benefit James Garner Animal Rescue Fund
Lot #1403, a 1963 Chevrolet Corvette Custom Split-Window
Lot #1403, a 1963 Chevrolet Corvette Custom Split-Window

Additionally, to encourage bidding on Lot #1403, a 1963 Chevrolet Corvette Custom Split-Window coupe, Barrett-Jackson friends Jen and Greg Holmes of the Holmes Family Trust joined Craig on the auction block Saturday afternoon to announce that they would match the sale price of $500,000 with funds going to Barrett-Jackson Charities in support of the Driven Hearts campaign. Spearheaded by Barrett-Jackson’s Vice President of Brand Strategy Carolyn Jackson, Driven Hearts has raised millions of dollars and incredible awareness for the American Heart Association.

The Corvette Z06 VIN001 is also equipped with the 70th Anniversary Edition Package. Read the details on the article below:

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