Chevrolet Corvette Z06 auctioned off for US$3.6-M to benefit Operation Homefront

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After Chevrolet announced that it would be putting the first retail production Corvette Z06 70th Anniversary Edition under the hammer for the benefit of Operation Homefront last Saturday, January 29, according to the Golden Bowtie brand, the auction — conducted at the Barrett-Jackson Scottsdale Auction — raised US$3.6 million.

KEY TAKEAWAYS

  • How much money did Chevrolet raise for Operation Homefront?

    Chevrolet raised a record-breaking US$3.6 million for Operation Homefront.
  • What charity vehicle donated by a manufacturer had the highest bid at Barrett-Jackson prior to the first retail-production Corvette Z06 70th Anniversary Edition?

    The first retail production Corvette Z06 70th Anniversary Edition broke the record set by the first retail 2020 Chevrolet Corvette Stingray by US$600,000.
  • Who had the highest bid in the auction?

    The winning bid came from Rick Hendrick, chairman and CEO of Hendrick Automotive Group and owner of 14-time NASCAR Cup Series champions Hendrick Motorsports.
  • auctioned-2023-Corvette-Z06-1

    “It’s truly a privilege to support our military members and their families through Operation Homefront. Proceeds from the first retail 2023 Corvette Z06 will benefit many US military families across the country who have done so much to serve our country,” said Chevrolet Vice President Steve Hill.

    The American automotive brand said that the money raised from the auction is a record sale for a charity vehicle donated by a manufacturer at Barrett-Jackson. The first retail production Corvette Z06 70th Anniversary Edition — which marks Corvette's 70th-anniversary milestone — has surpassed the previous record, held by the first retail 2020 Chevrolet Corvette Stingray, by US$600,000.

    The auctioned 2023 Corvette Z06 was driven onto the block at the annual auction by retired Corvette Racing legend Oliver Gavin. Present at the auction block at Barrett-Jackson Scottsdale were Operation Homefront representatives to experience this exciting moment firsthand.

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    The winning bid came from Rick Hendrick, chairman and CEO of Hendrick Automotive Group and owner of 14-time NASCAR Cup Series champions Hendrick Motorsports.

    “We are deeply grateful to our friends at Chevrolet and Barrett-Jackson for choosing Operation Homefront as the beneficiary of this incredible auction. The proceeds from the sale of this sensational Corvette Z06 will go a long way to helping us help our military families overcome their financial hardships and have the opportunity to thrive in the communities — our communities — they’ve worked so hard to protect,” stated Operation Homefront President and CEO Brig. Gen. (ret.) John I. Pray Jr.

    Since 2017, Chevrolet has been a proud supporter of Operation Homefront. Chevrolet has provided seven Silverado full-size trucks to the organization’s headquarters and six regional offices, and donated funding for services. Today’s Barrett-Jackson auction significantly increases the funding support Chevrolet has been able to provide to Operation Homefront.

    Photos from Chevrolet

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