Chevrolet made a significant gesture by donating the very first production 2020 Corvette Stingray to charity. This iconic car was auctioned off at Barrett-Jackson, one of the most prestigious auction houses in the automotive world. The proceeds from this auction were directed to the Detroit Children’s Fund, a charity dedicated to improving the quality of education for children in Detroit. When the hammer fell, the car sold for an astonishing $3 million, showcasing the high value and demand for this new model.
The Winning Bidder: Rick Hendrick
The buyer of this exclusive vehicle was none other than Rick Hendrick, the CEO of Hendrick Companies and a well-known figure in the automotive industry. Hendrick is not just a businessman; he is also a passionate car enthusiast and a prominent figure in NASCAR. The car he won at the auction isn’t the one seen in the images. The actual 2020 Corvette VIN #0001 is a black-on-black 3LT with the Z51 performance package, making it a highly desirable model for any car collector.
Rick Hendrick’s purchase is not just a testament to his love for Corvettes but also his commitment to philanthropy. “I am the number one Corvette junkie in the world,” said Hendrick. “Thanks to Chevrolet and Barrett-Jackson, because they always pick charities that are so good and help so many people.” His statement underscores the importance of charitable contributions and how high-profile auctions can make a significant impact on communities in need.
Production and Delivery Timeline
Chevrolet is set to begin Corvette production in early February at the Bowling Green Assembly Plant in Kentucky. This plant has a long history of producing Corvettes and is well-known for its high standards of quality and craftsmanship. The first deliveries to customers are also scheduled for early February, ensuring that enthusiasts won’t have to wait long to get their hands on this highly anticipated model.
The 2020 Corvette Stingray represents a new era for Chevrolet, featuring a mid-engine design that marks a significant departure from previous models. This design change has been met with widespread acclaim, as it offers improved performance, handling, and overall driving experience. The Z51 performance package, included in the VIN #0001 model, adds even more to the car’s capabilities, making it a true powerhouse on the road.
Impact on the Automotive Community
The auction of the first production 2020 Corvette Stingray has had a ripple effect throughout the automotive community. It has not only raised a substantial amount of money for a worthy cause but also highlighted the strong demand and excitement for the new Corvette model. This event has set a high benchmark for future auctions and charitable contributions within the automotive industry.
Moreover, the success of this auction has brought attention to the Detroit Children’s Fund and its mission. The charity focuses on transforming the lives of children in Detroit by providing them with better educational opportunities. The $3 million raised will go a long way in supporting various programs and initiatives aimed at improving the quality of education and, ultimately, the future of these children.
In conclusion, Chevrolet’s donation of the first production 2020 Corvette Stingray to charity and its subsequent auction at Barrett-Jackson is a remarkable example of how the automotive industry can contribute to societal good. Rick Hendrick’s winning bid of $3 million not only secured him a piece of automotive history but also made a significant impact on the lives of children in Detroit. As production begins and deliveries start in early February, the excitement surrounding the 2020 Corvette Stingray continues to build, promising a bright future for this iconic American sports car.
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