Corvette E-RAY VIN 001 Sells for $1.1Million!

NASCAR Team owner and Corvette Collector Rick Hendrick purchased E-Ray VIN 001 for $1.1M, with the entire hammer price going to charity.

Every new Corvette model represents a chance for GM engineers to top themselves… and for NASCAR team owner Rick Hendrick to buy himself another VIN 001 Corvette while supporting noble causes. The 2023 Palm Beach Barrett-Jackson Auction witnessed such a sale this past weekend at its Super Saturday event, with the first retail production 2024 Chevrolet Corvette E-Ray VIN 001 (Lot #3000) selling to Mr. Hendrick for $1,100,000.

Barret-Jackson noted that this entire hammer price will go to supporting DonorsChoose, a charitable organization focused on education. Philanthropist Michelle Mauzy contributed an additional $50,000 to the cause, bringing the total donation to $1,150,000.

E-Ray Quick Facts

The 2024 Chevrolet Corvette E-Ray is the first-ever electrified Corvette, boasting a powerful combination of a 6.2L LT2 V-8 engine and all-wheel-drive. Its eAWD system makes it the only sports car to blend naturally aspirated V-8 power with electrified responsiveness. It’s also the fastest production Corvette ever, achieving 0-60 mph in just 2.5 seconds and completing the quarter-mile in 10.5 seconds.

The E-ray’s 6.2L LT2 V-8 delivers 495 horsepower and 470 lb-ft of torque to the rear axle, alongside an electric motor that adds 160 horsepower and 125 lb-ft of torque through the front wheels via a 1.9 kWh battery pack. The total combined output of the E-Ray is 655 horsepower.

The E-Ray’s battery system does not require plug-in charging, as it is charged through regenerative energy from coasting, braking, and normal driving. Additional features include Stealth Mode for electric driving up to 45 mph, a new lightweight lithium-ion 12-volt battery, a standard Brembo Carbon Ceramic brake system, and Magnetic Ride Control 4.0 with three distinct suspension settings.

The 2023 Corvette E-ray goes on sale this year, with a starting MSRP of $104,2954 for the 1LZ coupe and $111,2954 for the 1LZ convertible model, but the wait lists are long and there are far too many dealerships trying to charge over MRSP. Production will take place, as always, at GM’s Bowling Green Assembly facility in Kentucky.

Other Hot Barrett-Jackson Auctions

While the first retail Corvette E-Ray VIN 001 was the highlight of the auction for Corvette fans, here’s a look at some other top sellers from the weekend!

1. 2020 Ford GT Heritage Edition (Lot #740) – $1,457,500
2. 2020 Ford GT (Lot #725) – $990,000
3. 2005 Ford GT (Lot #725.1) – $440,000
4. 2018 Porsche 911 GT2 RS (Lot #744) – $434,500
5. 1962 Chevrolet Corvette Custom Convertible (Lot #722) – $401,500
6. 2019 Porsche Speedster (Lot #745) – $396,000
7. 2018 Rolls-Royce Phantom (Lot #739) – $363,000
8. 2018 Porsche 911 GT2 RS (Lot #748.1) – $346,500
9. 2017 Ferrari 488 Spider (Lot #737) – $330,000
10. 2009 Ford Mustang Iacocca 45th Anniversary Edition (Lot #3001) – $150,000 (entire hammer price benefiting the Ellis Island Honors Society Inc.)

Photos: Barrett-Jackson, Chevrolet