The First C8 Corvette ZR1 Just Sold for $3.7 Million

NASCAR team owner Rick Hendrick has over 120 Chevy Corvettes in his personal collection, including the first 2025 C8 Chevy Corvette and the first 2025 C8 Chevy Corvette Z06. Now, the American businessman has the first C8 Corvette ZR1, too, which he nabbed on Saturday with a winning bid of $3.7 million.

Hendrick bought the first C8 Corvette for $3 million, and the first C8 Corvette Z06 for $3.6 million, both considerable premiums for a car that starts at $68,300. Barrett-Jackson, which put on the auction, said that the $3.7 million for the latest first Corvette would go to the American Red Cross and auction fees would be waived.

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“My love for Corvettes goes back to when I was a teenager, and it was the love for the car that got me into racing and the automobile business,” Hendrick said after he was previously inducted into the Corvette Hall of Fame, according to Road & Track. “To be honored at a place where so many of the Corvette greats are honored—it’s just humbling. I never dreamed that I’d be recognized in such a way.”

2025 Chevy Corvette ZR1
2025 Chevy Corvette ZR1

The C8 Corvette ZR1 fetched the most money for any car at auction on Saturday in Scottsdale.

The ZR1 is powered by a 5.5-liter twin-turbocharged V-8 that makes a claimed 1,064 horsepower. That’s enough to challenge many of the world’s most powerful supercars, and at a much cheaper price (for every Corvette ZR1 that isn’t the first, at least). Production Corvette ZR1s start at $174,995 for retail buyers, which is a lot to pay for a Chevy but not as much as a Porsche 911 GT3 RS, McLaren 765LT, or Lamborghini Revuelto, which are the cars Chevy likes to compare the Corvette ZR1 to.

2025 Chevy Corvette ZR1
2025 Chevy Corvette ZR1

Buyers, at any rate, will likely be much like Hendrick, with a long fondness for Corvettes and not so concerned about the competition. Hendrick’s new bleeding-edge track in Charlotte, N.C., could be the perfect place to put them all head-to-head—even if lap times, these days, are a bit beside the point.

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