First 2023 Corvette Z06 Raises $3.6M for Operation Homefront

Operation Homefront will receive $3.6 million from the weekend sale of the first retail 2023 Chevrolet Corvette Z06 70th Anniversary Edition to NASCAR team owner Rick Hendrick, founder and CEO of Hendrick Cos., at the Barrett-Jackson Scottsdale Auction in Arizona.
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NASCAR team owner and Chevrolet dealer Rick Hendrick paid $3.6 million for the first retail 2023 Chevrolet Corvette Z06 70th Anniversary Edition. The entire amount will go to Operation Homefront. // Courtesy of Chevrolet
NASCAR team owner and Chevrolet dealer Rick Hendrick paid $3.6 million for the first retail 2023 Chevrolet Corvette Z06 70th Anniversary Edition. The entire amount will go to Operation Homefront. // Courtesy of Chevrolet

Operation Homefront will receive $3.6 million from the weekend sale of the first retail 2023 Chevrolet Corvette Z06 70th Anniversary Edition to NASCAR team owner Rick Hendrick, founder and CEO of Hendrick Cos., at the Barrett-Jackson Scottsdale Auction in Arizona.

This is a record sale for a charity vehicle donated by a manufacturer at Barrett-Jackson, surpassing the previous record, held by the first retail 2020 Chevrolet Corvette Stingray, by $600,000. One hundred percent of the winning bid from benefits Operation Homefront.

The 2023 Corvette Z06, offering the highest horsepower naturally aspirated V-8 to hit the market in any production car, was driven on to the block at the annual auction by retired Corvette Racing legend Oliver Gavin. Representatives from Operation Homefront, a national nonprofit focused on building strong, stable, and secure military families, were at the auction to experience the auction firsthand.

“We are deeply grateful to our friends at Chevrolet and Barrett-Jackson for choosing Operation Homefront as the beneficiary of this incredible auction,” says Brig. Gen. John I. Pray Jr. (ret.), president and CEO of Operation Homefront. “The proceeds from the sale of this sensational Corvette Z06 will go a long way to helping us help our military families overcome their financial hardships and have the opportunity to thrive in the communities — our communities — they’ve worked so hard to protect.”

Since 2017, Chevrolet has been a supporter of Operation Homefront. Chevrolet has provided seven Silverado full-size trucks to the organization’s headquarters and six regional offices, and donated funding for services. The results of the Barrett-Jackson auction increase the funding support Chevrolet has been able to provide to Operation Homefront.

“It’s truly a privilege to support our military members and their families through Operation Homefront,” says Steve Hill, vice president of Chevrolet. “Proceeds from the first retail 2023 Corvette Z06 will benefit many U.S. military families across the country who have done so much to serve our country.”

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