SHERIDAN, WYOMING – Jan. 27, 2025 – The first retail production 2025 Chevrolet Corvette ZR1, VIN 001, sold for an astounding $3.7 million at the Barrett-Jackson Scottsdale Auction on Saturday, January 25th, 2025. This generous winning bid marks a tie for the record donation for a charity vehicle at Barrett-Jackson, previously set in 2022 by the first retail 2023 Corvette Z06 70th Anniversary Edition. All proceeds from this auction will benefit the American Red Cross, providing crucial aid to those affected by disasters such as Hurricanes Helene and Milton, and countless other crises across the country.
Chevrolet Partners with Barrett-Jackson and the American Red Cross
Chevrolet's commitment to supporting communities in need is evident in their long-standing relationship with the Red Cross. This collaboration, in conjunction with Barrett-Jackson's renowned charity auction program, has enabled Chevrolet to raise millions of dollars for various charitable causes.
"The 1064 hp Corvette ZR1 is the pinnacle of American engineering,” said Scott Bell, vice president, 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.”
Record-Breaking Bid Supports Disaster Relief Efforts
The winning bid for the 2025 Corvette ZR1 VIN 001 was placed by Rick Hendrick, founder and CEO of Hendrick Companies. This generous contribution will enable the Red Cross to continue providing essential support to those affected by disasters big and small.
"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,” said 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.”
A Legacy of Giving
This successful auction further solidifies Chevrolet's dedication to philanthropy. Through their ongoing partnership with Barrett-Jackson, they have now raised a total of $12.9 million for charity through the sale of eighth-generation Corvettes.
"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,” said 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.”