The 2025 Chevrolet Corvette ZR1 is a sports car flirting with hypercar status. Deliveries are starting soon, but the real buzz came from Barrett-Jackson’s Scottsdale auction, where the first production model (VIN 001) sold for $3.7 million. That money? All of it is going to the American Red Cross, with auction fees waived. The winning bidder was Rick Hendrick. If the name sounds familiar, it’s probably because he’s the go-to guy for VIN 001 Corvettes. He’s a NASCAR team owner, a Chevrolet dealer, and, by the looks of it, Chevy’s biggest fan. Read More 2025 Tesla Model Y Juniper Now on Sale in US Starting at $61,630 His collection already includes over 120 Corvettes, many of them first-year models. He’s bought the first 2020 Corvette Stingray, the 2023 Corvette Z06, and the 2024 Corvette E-Ray, among others. Now, the 2025 ZR1 joins his lineup. The C8 Corvette ZR1 Breaks Records Again Barrett-Jackson’s auctions have become a tradition for debuting new Corvettes. The first retail 2025 C8 Corvette ZR1 followed suit, selling for $3.7 million at this year’s Scottsdale event. That’s the highest price ever paid for a Corvette. For perspective, the ZR1’s starting price is $174,995. The winning bid was over 20 times that, with every dollar going to the American Red Cross. Rick Hendrick placed the winning bid. He’s no stranger to these auctions. “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 shared previously. The sale adds to Chevrolet’s growing impact at Barrett-Jackson. In total, C8 Corvette auctions have raised $12.9 million for charity. Power, Design, and a Legacy That Runs Deep Chevrolet didn’t hold back with the 2025 Corvette ZR1. Its 5.5-litre twin-turbocharged V-8 delivers 1,064 horsepower—numbers that rival the best supercars in the world. But while cars like the Porsche 911 GT3 RS and Lamborghini Revuelto boast similar power, the ZR1 comes in at a fraction of the cost. The ZR1's split rear window is a tribute to the 1963 Corvette. It’s more than an aesthetic choice, too, improving airflow and stability. For those who want more, the ZTK Performance Package pushes downforce to 1,200 pounds. Read More Audi RS7 May Drop Its V8 for a 725 HP Plug-In Hybrid V6 There’s already talk about what could come next. Chevrolet might be working on an even more powerful model, the Zora, which could combine internal combustion with electric power. If true, it would take the Corvette’s performance to a level the ZR1 can’t reach. But for now, Chevy isn’t saying much. What’s clear is that the ZR1 appeals to those who love the Corvette’s legacy. It’s not just about beating lap times or winning comparisons. It’s about owning a piece of the brand’s evolution. For enthusiasts like Rick Hendrick, it’s another chapter in a story that’s far from over. Source: Barrett-Jackson