The first electrified Corvette just sold for more than $1 million. Here's who bought it.

[marmar]

(Detroit Free Press) One of the world's largest private collectors of Corvettes — who once dreamed of owning just one — has now increased his collection of the iconic cars to 122.

Car dealer and NASCAR race team owner Rick Hendrick, 73, paid $1.1 million for the first electrified 2024 Corvette E-Ray on Saturday at the 2023 Barrett-Jackson Palm Beach Auction. The money will go to education nonprofit DonorsChoose, which helps teachers in low-income communities fund classroom projects.

Hendrick told the Free Press he appreciates being able to support good causes through the auctions, while at the same time fulfilling a dream.

“From electrified all-wheel drive to being the fastest Corvette ever made, the E-Ray is a true first-of-its-kind supercar," Hendrick said. "Before I even had a driver’s license, I fell in love with the Corvette and daydreamed of owning one. For people like me who have watched its evolution across seven decades and eight generations, this represents a new chapter. As a Corvette enthusiast, it’s a piece of history.” ...............(more)

https://www.freep.com/story/money/cars/general-motors/2023/04/18/e-ray-electrified-corvette-sells-barrett-jackson-hendrick/70122365007/

[The Jungle 1]

1. Why the big air scoop on the side.

It is electric and does not need the air.

[Groundhawg]

2. It absolutely does.

Electric motors and batteries need cooling.

[The Jungle 1]

9. Yea no

louslobbs post explained it. It is a Hybrid mid engine.

[Groundhawg]

11. That's true but what I said is also true.

[bluedigger]

3. Cooling for the rear brakes

Big tires, big brakes.

[The Jungle 1]

8. My C6 does not have that massive air intake

louslobbs post explained it. It is a Hybrid mid engine.

[louslobbs]

4. It's actually a hybrid

the E-Ray pairs the regular C8's 495 hp V8 with a 160 hp electric motor, the result being 655 hp and a 2.5 second 0-60 mph time.

[brush]

5. Wonder what the first all-electric one will go for?

[The Jungle 1]

7. OK that explains the air intake.

[Chainfire]

6. And, most likely a tax write-off to boot!

It's good to be da king.

[The Jungle 1]

10. I wonder if you can get the government rebates for that car?