Latest news with #Barrett-JacksonScottsdale
Yahoo
03-03-2025
- Automotive
- Yahoo
After $7.7 Million Sale, This Is Now the Most Valuable Corvette Ever
Rare versions of the Chevrolet Corvette have always stood among some of the most valuable American automobiles. Back in 2014, a rare L88 model from 1967 set the high-mark for the nameplate, with a $3.85 million hammer price at Barrett-Jackson Scottsdale. That record has been broken after more than a decade, as the iconic 1957 Chevrolet Corvette SS just sold for $7,705,000 at this year's RM Sotheby's Miami event. In the mid-1950s, the Corvette wasn't quite the performance machine we know today. Corvette chief engineer Zora Arkus-Duntov began his work on stuffing a V-8 into the roadster from 1954, using Chassis EX87/5951 for that development work. After that car showed real promise at Daytona Speedweeks 1955, setting a top speed of 150.583 mph, Duntov garnered some internal support for a dedicated racing version of the car. Chevrolet vice president Harley Earl allegedly purchased a Jaguar D-Type for Duntov's team of engineers to tinker with, ultimately suggesting they swap a small-block V-8 into that car; this suggestion pushed the team to create their own improved chassis. General Motors would go on to green light a true motorsports effort just six months ahead of the 1957 race at Sebring. This is the machine that Duntov's crew put on the start line. The Corvette SS was clearly inspired by the European racers of its day, but the styling is still unmistakably American. The chassis is a tube-frame unit, inspired by the mighty Mercedes-Benz 300SL. An independent front suspension worked in tandem with a de Dion rear, the same setup that provided the Jaguar D-Type with its high-speed handling and stability. Finned drum brakes were an improvement over the standard units, but ultimately couldn't match the effectiveness of Jag's discs. The body was crafted from magnesium, which while lighter than fiberglass, created a bit of an oven effect for drivers. Supplying the heat was a 283-cubic inch small-block with one of Duntov's hot cams and Rochester Ramjet fuel injection. A close-ratio four-speed sent power to the rear axle. Only two examples of the Corvette SS were ever produced: one test mule and one racer slated for the Sebring event. This particular car is the racing machine, which was helmed by John Fitch and Piero Taruffi. The pair met an unfortunate result when the car was forced to retire after just 23 laps, owing to a failed bushing in the rear end. The weekend wasn't a total failure for Chevrolet, however; the legendary Juan Manuel Fangio had taken a quick spin in the Corvette SS during the festivities, posting a new lap record in the process. The car had potential, but it was never to be met. June 1957 saw the introduction of the Automobile Manufacturers Association racing ban, and the end of Duntov's official backing from GM. The world wouldn't see another officially sanctioned Corvette racer until the C5.R program. It's hard to imagine that another Corvette could surpass the value of the SS. The importance of the car to the future of the brand is undeniable, and its status as a one-off racer certainly doesn't hurt. Add in seat time from Duntov, Fangio, and even Stirling Moss, and there's a bit of something for every motorsports fan. Here's hoping that the car's new owner will find ways to share the car with the public. You Might Also Like You Need a Torque Wrench in Your Toolbox Tested: Best Car Interior Cleaners The Man Who Signs Every Car
Yahoo
29-01-2025
- Automotive
- Yahoo
$3.7M Corvette ZR1 Tops Barrett-Jackson 2025 Auction in Scottsdale
Read the full story on Modern Car Collector The 2025 Barrett-Jackson Scottsdale auction delivered another unforgettable year for collector-car enthusiasts, with jaw-dropping sales and electrifying moments in the world of high-performance and classic vehicles. The highlight of the auction was the sale of the first retail 2025 Chevrolet Corvette ZR1. NASCAR team owner Rick Hendrick secured the historic vehicle, bidding an astounding $3.7 million. This single sale accounted for over half of the event's $5.2 million raised for charity, with proceeds benefiting the American Red Cross to support disaster relief efforts for victims of California wildfires and southeastern U.S. hurricanes. Another notable charity auction was the sale of the radically customized 1962 Dodge Power Wagon, known as 'Project S.W.E.A.T.,' which brought in $1.5 million. The combination of high-profile bidders and unique vehicles helped make Barrett-Jackson's 2025 charity sales a resounding success. In the non-charity segment, a 2023 Hennessey Venom F5 Roadster stood out with a closing bid of $2.2 million. Limited to just 30 units, the 1,817-horsepower hypercar boasts a staggering top speed of 265 mph (426 km/h). Other high-ticket vehicles included a 2014 Pagani Huayra with the Tempesta Package, fetching $1.925 million, and a rare 2020 Ford GT Liquid Carbon Edition, previously owned by music star DJ Marshmello, which sold for $1.76 million. The auction also saw a 2022 Ford GT with only 16 miles on the odometer sell for $1.1 million, while a classic 1956 Mercedes-Benz 300SL Gullwing continued to captivate with its timeless appeal. Follow us on Facebook and Twitter
Yahoo
29-01-2025
- Automotive
- Yahoo
Dodge Seeks 'Badassadors' to Ignite Passion for the Brand
⚡️ Read the full article on Motorious Dodge, known for its boundary-pushing muscle cars and bold marketing, has launched a new initiative called the "Badassador" program. The automaker is searching for enthusiastic brand ambassadors who share its passion for performance, innovation, and a rebellious spirit. This fresh approach aims to amplify the Dodge ethos of challenging conventions while celebrating its rich heritage of high-performance vehicles. The program officially kicked off at the prestigious Barrett-Jackson Scottsdale auction, a hotspot for car enthusiasts and collectors. Dodge's goal is to find individuals who live and breathe the brand's mantra of breaking barriers and embracing the thrill of the drive. Dodge CEO Matt McAlear emphasized the significance of this unconventional approach, stating, 'Dodge is about more than just cars; it's a lifestyle. We want ambassadors who embody the essence of Dodge—bold, unapologetic, and ready to lead the charge in celebrating the next generation of muscle.' Selected "Badassadors" will have access to unique perks, including exclusive events, insider opportunities, and the chance to represent Dodge at high-profile gatherings nationwide. These ambassadors will serve as the face of the brand, showcasing the power, innovation, and excitement Dodge is known for while engaging with fellow enthusiasts. This isn't the first time Dodge has opted for unconventional marketing strategies. In 2022, the company gained attention with its "Chief Donut Maker" campaign, a quirky contest that sought to hire a fan to represent Dodge in a high-energy role. The "Badassador" program takes that concept to the next level, focusing on fostering a community of like-minded individuals who embody Dodge's commitment to pushing boundaries. As Dodge accelerates into the future, it's clear the brand is doubling down on its commitment to innovation, performance, and a bold new vision for its community of fans. Sign in to access your portfolio
