As soon as the L88 was pushed off the stage the stage lights flashed and a video introducing what thousands of enthusiasts had been waiting for, the new C7 began to play.  Following a recent trend Barrett-Jackson? was offering GM’s brand new generation Corvette, the number one production VIN  of the first production new Corvette C7 to benefit the College of Creative Studies in Detroit.  In an earlier interview, Akerson pointed out that one of the important attributes of the new Corvette was that it symbolized the ?new GM?.  It was the first new car started after the ?bankruptcy? and only two parts on the car were carried over from the prior Corvette.  Revolutionary weight-saving engineering concepts were incorporated throughout the design.   The Torch Red car was surrounded by admirers and following GM’s global vice president of design Ed Welburn’s introduction the bidding jumped quickly in hundred thousand dollar increments until it reached the final selling price of $1.1 million.  The high bidder, you guessed it, Rick Hendrick, will be able to choose colors and options for the number one car and Welburn threw in the added incentive of allowing him to pick the new C7 up at the Corvette design center in Detroit.  This important Corvette will become a part of what Craig Jackson referred to as, ?the greatest Corvette collection in the world?.