The First-Ever Mid-Engine Corvette Auctioned for $3 Million

2020 Chevrolet Corvette | Beloit WI

The announcement that the 2020 Chevrolet Corvette Stingray would adopt a mid-engine architecture was beyond exciting for car enthusiasts and collectors. That excitement reached new heights at the Barrett-Jackson car auction that took place in Scottsdale, Arizona, where the first-ever mid-engine Corvette to leave the production line was purchased for a staggering $3 million.

The proud owner of the all-new sports car is Rick Hendrick, a former NASCAR driver, current NASCAR team owner and avid car collector. In addition to leaving the auction house with a piece of history, the hefty sum he put down will go to a phenomenal cause. The money General Motors collected in exchange for the Corvette will go to the Detroit Children’s Fund, a non-profit that works to better the quality of Detroit’s schools.

The auction house previously sold a 1967 L88 Corvette Coupe for a total of $3.85 million in 2014. Even though the classic 1967 model managed to edge out the revolutionary 2020 model, it’s still impressive that the newest iteration of the Corvette Stingray was sold for $3 million, showing that the redesigned model has garnered noteworthy attention for its style and power.

If the auction is any indication, the 2020 Chevrolet Corvette Stingray will be a popular option once it reaches dealerships. If you want to try your hand at the all-new model when it finally is released or want to check out the 2019 model, visit us here at Bud Weiser Motors.

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