1960 Chevrolet Engineering Research Vehicle (CERV) 1 SOLD for $1.2M at Barrett-Jackson

CERV 1 SOLD for $1.2M

CERV 1 SOLD for $1.2M at the January 2017 Barrett-Jackson Auction. Photo Credit: Barret-Jackson via Twitter
CERV 1 SOLD for $1.2M at the January 2017 Barrett-Jackson Auction. Photo Credit: Barret-Jackson via Twitter
CERV 1 © General Motors
CERV 1 © General Motors

Zora Arkus-Duntov’s secret skunkworks engineering mule, CERV 1 sold for $1,200,000 ($1.32M with sellers commission added) at the January 46th Annual Barrett-Jackson Scottsdale Auction, held Jan. 14-22, 2017, at WestWorld of Scottsdale in Arizona.

This historic car has been in Mike Yager’s MY Garage for years.

According to our sources, the CERV 1 will be heading to the GM’s Heritage Center where it will reside among some of GMs great prototypes and artifacts.

You can read more about it on our blog just before the auction:

The One & Only CERV 1 Goes to Auction (2016)

You might also enjoy reading about the CERV II:

CERV II at the 2014 Corvettes at Carlisle

Here is a press release from Barret-Jackson about the auction:

SCOTTSDALE, Ariz. – Jan 22, 2017 – Barrett-Jackson, The World’s Greatest Collector Car Auctions®, kicked off its 46th year by breaking more than 40 vehicle auction sales records (as verified by Hagerty Data) during the 46th Annual Barrett-Jackson Scottsdale Auction, held Jan. 14-22, 2017, at WestWorld of Scottsdale in Arizona. During the automotive lifestyle event, 1,719 vehicles were consigned, the most at one auction in the company’s history, with vehicle sales totaling approximately $100 million (unaudited) at a 99.5-percent sell-through rate. Over 1,800 pieces of automobilia sold for more than $2.5 million (unaudited) bringing the total sales to more than $102 million. Approximately 320,000 people attended this year’s auction, including many of today’s hottest celebrities, professional athletes, and entertainment personalities.

“This year’s Scottsdale auction was a tremendous success,” said Craig Jackson, chairman, and CEO of Barrett-Jackson. “Despite the rain and colder temperatures, we had a phenomenal turnout, set 40 world auction sales records and sold more than 1,800 pieces of authentic automobilia. This year’s entertainment factor was through the roof. From Rock and Roll Hall of Famer Steven Tyler and Grammy award-winning Justin Bieber, through undefeated pro boxing champion Floyd Mayweather and the most decorated Olympian in history, Michael Phelps, to two-time Masters champion Bubba Watson, there was no shortage of entertainment and full-throttle excitement.”

The Barrett-Jackson Scottsdale auction gave bidders the chance to select from a wide range of American muscle, European classics, exotic sports cars and one-of-a-kind customs. The top cars sold in Scottsdale include:

  • 1964 Aston Martin DB5 (Lot #1397) – $1,485,000
  • 1960 Chevrolet Engineering Research Vehicle (CERV) 1 (Lot #1390) – $1,320,000
  • 1930 Duesenberg J Dual-Cowl Phaeton (Lot #1378) – $880,000
  • 2005 Porsche Carrera GT (Lot #1396) – $616,000
  • 1965 Shelby GT350 Fastback (Lot #1365) – $445,500
  • Justin Bieber’s 2011 Ferrari 458 Italia (Lot #1372) – $434,500
  • 1963 Chevrolet Corvette 327/360 Split-Window “Fuelie” (Lot #1393) – $385,000
  • 1969 Ford Mustang Boss 429 (Lot #1400) – $385,000
  • 1932 Rolls-Royce Roadster (Lot #1382) – $341,000
  • 2015 Ferrari F12 Berlinetta (Lot #1374) – $330,000
  • 1964 Chevrolet Corvette LT1 (Lot #1399) – $330,000

“Barrett-Jackson Scottsdale has become the most anticipated event of the year as it is the barometer for the hobby,” said Steve Davis, president of Barrett-Jackson. “Barrett-Jackson Collector Car Week, as proclaimed by the city of Scottsdale, is an immersive entertainment experience that offers something every person can enjoy. The World’s Greatest Collector Car Auction was the only place to find the greatest selection of cars, the most passionate enthusiasts, the largest number of charity cars and the biggest displays by top automakers, all inside more than a million square feet of covered space.”

The Charlie Thomas Collection, which featured 146 vehicles, sold for an impressive combined total of just over $1.7 million, with the top three vehicles including a 1970 Plymouth Superbird (Lot #1284), a 1957 Ford Thunderbird “F” Convertible (Lot #1282) and a 1955 Mercedes-Benz 190SL Roadster (Lot #1283).

Eight charity vehicles crossed the Scottsdale block this year, including Rock and Roll Hall of Fame inductee and four-time Grammy winner Steven Tyler’s 2012 Hennessey Venom GT Spyder (Lot #3003). Tyler roared onto the stage to help sell his rare Hennessey, which sold for $800,000, with 100 percent of the proceeds benefiting Janie’s Fund.

“Steven Tyler entered the auction arena in true rock and roll style,” said Jackson. “With a grand entrance featuring lights, music, and Steven standing in the passenger seat, the crowd was on their feet like we were at one of his concerts. There’s really no place in the world, like Barrett-Jackson, that brings together superstars and supercars.”

The complete docket of charity vehicles included:

  • 2016 GMC Sierra Custom Pickup (Lot #3000) to benefit the Stephen Siller Tunnel to Towers Foundation/Building for America’s Bravest – $100,000
  • 1970 Chevrolet Camaro Z/28 (Lot #3001) to benefit Childhelp – $130,000
  • 2017 Chevrolet Camaro COPO (Lot #3002) to benefit the United Way – $175,000
  • Steven Tyler’s 2012 Hennessey Venom GT Spyder (Lot #3003) to benefit Janie’s Fund – $800,000
  • 2017 Ford Raptor Pickup (Lot #3004) to benefit Juvenile Diabetes Research Foundation – $157,000 with an additional $50,000 donation
  • 1930 Cord L29 4-Door4 Brougham (Lot #3005) to benefit Loma Linda University Children’s Hospital – $300,000
  • 1970 Chevrolet Chevelle designed by Dale Earnhardt Jr. (Lot #3006) to benefit Nationwide Children’s Hospital – $200,000
  • 2014 Chevrolet #88 Dale Earnhardt Jr. Race Car (Lot #3006.1) to benefit Nationwide Children’s Hospital – $200,000
  • 2015 Ford Mustang GT Fastback (Lot #3007) to benefit Military Assistance Mission, Inc. – $175,000

To date, Barrett-Jackson has raised over $93 million for local and national charities.

This year’s excitement at Barrett-Jackson continued beyond the auction block and included a variety of automotive and lifestyle activities, including the Coca-Cola Garage and Patio. Other activities included Ford and Chevrolet Ride ’N Drives, Dodge Thrill Rides and complimentary “Behind the Hobby” Collector Car Symposiums.

The fun continued with Arena Polo matches, an Arabian Horse Exhibition, Indian Motorcycle Demo Rides, live bands, hundreds of exhibitor and sponsor displays, a DIY Pavilion and the Shell-Pennzoil Pioneering Performance Stage.

The first to broadcast a live collector car auction in 1997, Barrett-Jackson has pioneered how enthusiasts access its auctions around the world. Today, 20 years later, Barrett-Jackson is the leading collector car auction on the air. More than 36 hours of live coverage of this year’s Scottsdale Auction was shown on Velocity and Discovery simultaneously in the U.S., Canada, U.K. and Discovery en Español. Barrett-Jackson is also the first to pioneer a second screen experience this year with the new Shell-Pennzoil Pioneering Performance Stage.

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