First 2025 C8 Corvette ZR1 Sells For $3.7 Million – Forbes

Corvette ZR1Rick Hendrick, the famed NASCAR team owner, has just solidified his reputation as one of the most passionate Corvette collectors in the world. But that’s easy to do when you already own over 120 of them.Hendrick bought the first 2025 C8 Corvette ZR1 on Saturday for a jaw-dropping $3.7 million at a Barrett-Jackson auction.If you think this might be an impulse purchase, think again. Earlier, he bought the first 2025 C8 Corvette for $3 million, followed by the first 2025 C8 Corvette Z06 for $3.6 million. All three cars were acquired at substantial premiums over the standard retail price, which for the C8 Corvette starts at $68,300.Hendrick’s admiration for the Corvette dates back to his teenage years, and his love for the car has been a driving force in his racing career and automotive business ventures. “My love for Corvettes goes back to when I was a teenager, and it was that love for the car that led me into racing and the automobile business,” Hendrick shared in a statement. “To be honored at a place where so many of the Corvette greats are recognized—it’s just humbling. I never dreamed I’d be part of that legacy.”His deep connection to the Corvette brand is further reflected in his induction into the Corvette Hall of Fame, a prestigious honor that has recognized him alongside some of the biggest names in Corvette history. Those would include Zora Arkus-Duntov, Harley Earl and Bill Mitchell, all pivotal figures who shaped Corvette’s performance, design and legendary status worldwide.C8 Corvette ZR1The 2025 Corvette ZR1 that Hendrick bought is a marvel, naturally, powered by a 5.5-liter twin-turbocharged V-8 engine that produces an angry 1,064 horsepower. This immense power places the ZR1 in direct competition with some of the world’s most elite supercars, yet it is offered at a far more accessible price point.The starting price for a production 2025 Corvette ZR1 is $174,995, which, while still considerable, is significantly more affordable than rivals such as the Porsche 911 GT3 RS, McLaren 765LT and Lamborghini Revuelto, all of which are priced much higher.For enthusiasts like Hendrick, owning the first 2025 C8 Corvette ZR1 is not just about performance or value—it’s about legacy, he says.C8 Corvette ZR1Hendrick’s growing collection of Corvettes reflects his lifelong passion for the brand, as may his new cutting-edge track in Charlotte, North Carolina. While lap times and outright competition might not be the primary focus for collectors, Hendrick’s track could offer the ideal environment to truly appreciate the engineering brilliance behind each of these extraordinary vehicles.Barrett-Jackson announced that the entire $3.7 million raised from the ZR1 auction would benefit the American Red Cross, with the usual auction fees being waived in honor of the charitable cause.One Community. Many Voices. Create a free account to share your thoughts. Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.In order to do so, please follow the posting rules in our site’s Terms of Service.  We’ve summarized some of those key rules below. Simply put, keep it civil.Your post will be rejected if we notice that it seems to contain:User accounts will be blocked if we notice or believe that users are engaged in:So, how can you be a power user?Thanks for reading our community guidelines. Please read the full list of posting rules found in our site’s Terms of Service.

Source: https://www.forbes.com/sites/joshmax/2025/01/28/first-2025-c8-corvette-zr1-sells-for-37-million/