2025 Chevrolet Corvette ZR1 VIN 001 Sells For $3.7 Million To Support American Red Cross Relief Efforts

The first retail production 2025 Chevrolet Corvette ZR1, with VIN 001, was auctioned for $3.7 million at the Barrett-Jackson Scottsdale Auction on January 25th. All proceeds from this charity auction will benefit the American Red Cross. Chevrolet chose the Red Cross to support disaster relief efforts in areas affected by hurricanes Helene and Milton, as well as other crises like wildfires and storms.

This sale matched a previous record donation for a charity vehicle at Barrett-Jackson, set in 2022 by the first retail 2023 Corvette Z06 70th Anniversary Edition. Rick Hendrick, founder and CEO of Hendrick Companies, placed the winning bid. The event highlighted Chevrolet's commitment to supporting communities in need through its partnership with Barrett-Jackson and the Red Cross.

Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million
Corvette ZR1 VIN 001 Raises $3.7 Million

Scott Bell, vice president of Global Chevrolet, expressed pride in collaborating with Barrett-Jackson and the Red Cross. He stated that the sale of this iconic American car would aid those impacted by hurricanes Helene and Milton and other disasters nationwide. The Corvette ZR1 represents a pinnacle of American engineering with its impressive 1064 horsepower.

General Motors and Chevrolet have maintained a long-standing relationship with the Red Cross, regularly supporting their disaster relief efforts. Cliff Holtz, president and CEO of the American Red Cross, acknowledged Chevrolet's generosity. He noted that their support is crucial in providing help to people affected by various crises across the country.

Chevrolet has been involved with Barrett-Jackson's charity auction program for over 15 years, raising millions for numerous causes. This recent auction increased Chevrolet's total donations from eighth-generation Corvette sales at Barrett-Jackson to $12.9 million. The collaboration between these entities has been instrumental in generating significant funds for charitable purposes.

Historic Sale

Craig Jackson, chairman and CEO of Barrett-Jackson, highlighted General Motors' role in memorable charity moments on their auction block. He expressed honor in continuing this tradition with the sale of the first retail production 2025 Chevrolet Corvette ZR1 (Lot #3005) in Scottsdale. The historic $3.7 million sale not only marked a milestone but also supported the Red Cross's mission to assist disaster victims.

The funds raised are vital for addressing needs arising from recent disasters like hurricanes on the East Coast and fires in California. This collaboration underscores how automotive auctions can contribute significantly to humanitarian efforts while celebrating engineering achievements.

Article Published On: Tuesday, January 28, 2025, 1:01 [IST]
Read more on: #global #chevrolet
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