Posted on: Jan 20, 2013 | 40,969 reads

First 2014 Corvette Stingray Sells for $1.1 Million

It shouldn't come as much of a shock but someone has just placed the winning bid of $1.1 million to be the owner of Corvette Stingray #001.

We reported last week that the first production 2014 Chevrolet Corvette Stingray would be up for auction in an effort to raise money for the College for Creative Studios in Detroit, Michigan. Just yesterday a guy named Rick Hendrick placed the winning bid for 2014 Corvette Stingray #0001. The price was $1.1 million. The event took place at the Barrett-Jackson auction in Scottsdale, Arizona where prospective bidders were given the opportunity to look at a pre-production C7 Corvette up-close.

First 2014 Corvette Stingray Sells for $1.1 Million

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Hendricks will also have the chance to pick his car's exterior and interior colors as well as other options. More than likely, this car will increase in value over time, perhaps making the intitial investment worth it. Also sold at the same auction was GM CEO Dan Akerson's 1958 Corvette, which went for $270,000.