General Motors Co. dealer and NASCAR team owner Rick Hendrick paid $3.7 million for the 2025 Corvette ZR1 VIN 001 at the Barrett-Jackson Scottsdale Auction on Jan. 25.
All proceeds from the sale will benefit American Red Cross efforts in areas impacted by hurricanes Helene and Milton, as well as general relief to help people affected by disasters big and small, including wildfires, storms, and other crises.
The $3.7 million price tied the record donation for a charity vehicle at Barrett-Jackson set in 2022 by the first retail 2023 Corvette Z06 70th Anniversary Edition.
“The 1,064-horsepower Corvette ZR1 is the pinnacle of American engineering,” says Scott Bell, vice president of Global Chevrolet. “We at Chevrolet are proud to work with Barrett-Jackson and the Red Cross so that the historic sale of this American icon benefits people whose lives were impacted by hurricanes Helene and Milton, countless disasters across the country.”
Corvette Chief Engineer Josh Holder introduced the “quickest, fastest, and most powerful Corvette ever” to an audience of bidders in the room and around the world, alongside representatives from the Red Cross. Minutes later, the winning bid was placed by Hendrick, founder and CEO of Hendrick Cos.
“The Red Cross is working around the clock to provide help and hope to people across the country impacted by disasters big and small, including wildfires, floods and other crises,” says Cliff Holtz, president and CEO of the American Red Cross. “We cannot thank Chevrolet enough for their tremendous generosity as we work together to offer critical relief and comfort to families and communities in dire need.”
After more than 15 years working with Barrett-Jackson and its charity auction program, Chevrolet has generated millions of dollars in donations for many causes. This auction brings the total amount of money Chevrolet has raised at Barrett-Jackson charity auctions through the sale of eighth-generation Corvettes to $12.9 million.
“General Motors has shared some of our biggest and most memorable moments when we have raised money together for charity on the Barrett-Jackson auction block,” says Craig Jackson, chairman and CEO of Barrett-Jackson. “Over the years, GM has entrusted Barrett-Jackson to sell some of their most coveted first-production vehicles for charity, and we’re honored to have continued that tradition in Scottsdale with the sale of the first retail production 2025 Chevrolet Corvette ZR1 (Lot #3005).
“We made history by selling this rare collector vehicle for $3.7 million, while also helping the Red Cross fulfill its mission to feed and provide emotional support to victims of disasters. Between the recent hurricane on the East Coast and fires in California, the money is certainly needed.”
