The First-Ever Mid-Engine Corvette Sold for $3 million at Auction

The First-Ever Mid-Engine Corvette Sold for $3 million at Auction | ELCO Chevrolet | Ballwin, MO

The 2020 Chevrolet Corvette Stingray is poised to usher in a new era for the American icon, marking the first time one of Chevy’s high-performance sports cars was built on a mid-engine platform. And the very first example of the new mid-engine Corvette sold earlier this year at the 2020 Barrett-Jackson auction in Scottsdale, Arizona, for a cool $3 million.

That $3 million will go to a very good cause. All proceeds benefit the Detroit Children’s Fund, which aims to improve the quality of schools in the city of Detroit. General Motors CEO Mary Barra was at the event to congratulate — and thank — the lucky winner. The new owner of the revolutionary supercar, in addition to receiving the world’s first production mid-engine Corvette, will also get a guided tour of the Corvette Museum in Bowling Green, Kentucky.

So who was the lucky winner of the $3 million 2020 Chevrolet Corvette Stingray? None other than famous racer, car collector, and NASCAR team owner, Rick Hendrick, who has bought a long list of famous Chevrolet models at this and other auctions over the years.

While $3 million is a hefty price tag, it is not large enough to make this Corvette the most expensive ever auctioned by Barrett-Jackson. That distinction belongs to a 1967 L88 Corvette Coupe, which fetched $3.85 million when it was auctioned in 2014.

While the first mid-engine Corvette to leave the assembly line already has an owner, you can experience the all-new supercar’s excellence right here at ELCO Chevrolet Cadillac when it hits lots later this year.

National Corvette Museum Set for Substantial Expansion

chevy corvette

For American sports car fans, few places are as special as the National Corvette Museum in Bowling Green, Kentucky. Whether you’ve been there before or hope to in the future, you now have plenty more to be excited about, as the museum has announced plans for a major expansion.

As one of the world’s most popular automotive museums, the National Corvette Museum welcomes more than 225,000 sports car enthusiasts through their doors each year. As the museum has seen increasing attendance in recent years, it plans to substantially expand its office and exhibition areas, with construction to start in 2021.

The museum will also expand the National Corvette Museum Motorsports Park Complex, located just across the street from the museum. This expansion will increase the NCM Motorsports Park Complex by an additional 205 acres, bringing its total size to an impressive 425 acres.

For Corvette fans, this all translates into a bigger playground where they can check out some of the most incredible and rare Corvettes on the planet.

Currently, the National Corvette Museum is planning a new exhibit called “Chevrolet Racing: Louis to Le Mans,” which will feature rare cars driven by Louis Chevrolet along with a huge selection of Corvettes that have won races at Le Mans.

If all you want is a smaller display of modern Corvettes, however, just head over to ELCO Chevrolet!