Jeff Seabrook

SCOTTSDALE, Ariz. – Operation Homefront will receive $3.6 million from today’s sale of the first retail 2023 Chevrolet Corvette Z06 70^th Anniversary Edition at the Barrett-Jackson Scottsdale Auction. This is a record sale for a charity vehicle donated by a manufacturer at Barrett-Jackson, surpassing the previous record, held by the first retail 2020 Chevrolet Corvette Stingray, by $600,000.

The 2023 Corvette Z06, offering the highest horsepower naturally-aspirated V-8 to hit the market in any production car, was driven onto the block at the annual auction by retired Corvette Racing legend Oliver Gavin. Representatives from Operation Homefront, a national nonprofit focused on building strong, stable and secure military families, were at the auction to experience this exciting moment firsthand. 100 percent of the winning bid from Rick Hendrick, founder and CEO of Hendrick Companies, benefits Operation Homefront.

“We are deeply grateful to our friends at Chevrolet and Barrett-Jackson for choosing Operation Homefront as the beneficiary of this incredible auction,” said Brig. Gen. (ret.) John I. Pray Jr., president and CEO of Operation Homefront. “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.”

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.

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

DETROIT (Nov. 11, 2021) – For the first time in its 24-year history, Corvette Racing will contest multiple endurance racing championships during a globe-trotting 2022 racing program.

Corvette’s production-based race team is set for full-season championship challenges in both the IMSA WeatherTech SportsCar Championship and the FIA World Endurance Championship. Corvette Racing will field one Chevrolet Corvette C8.R in each series with a two-car effort planned for the 24 Hours of Le Mans.

All six Corvette Racing drivers from 2021 will return for the new season. Antonio Garcia, Jordan Taylor and Nicky Catsburg make up the attack in IMSA while Tommy Milner, Nick Tandy and Alexander Sims contest the WEC.

“This is the most ambitious schedule that Corvette Racing has faced in its nearly 25 years of competition,” said Jim Campbell, Chevrolet U.S. vice president, Performance and Motorsports. “It will be an honor to race in both the IMSA and WEC series at some of the best tracks in the world.”

View more photos in the gallery: 2020 Corvette Vin #0001

SCOTTSDALE, Ariz. — The Detroit Children’s Fund, a nonprofit focused on high-potential investments to provide Detroit school children the opportunity to receive an excellent education, will be able to invest an additional $3 million in their mission thanks to the auction of the first 2020 Chevrolet Corvette Stingray.

The history-making VIN #0001 of the first mid-engine Corvette – a black-on-black 3LT with the Z51 performance package – crossed the block at the 49^th Annual Barrett-Jackson Scottsdale Auction just weeks before the Corvette begins shipping to Chevrolet dealers.

“Reaction to the mid-engine Corvette has been extraordinary,” said Mary Barra, GM Chairman and CEO, who was on-hand at the auction. “It’s both humbling and exciting to harness that success and provide the proceeds to the Detroit Children’s Fund.”

The Detroit Children’s Fund will use the proceeds from the auction to fund comprehensive school interventions that result in academic success for kids. These interventions help great schools grow, underperforming schools improve and new schools thrive. And because great schools require strong leadership and well-trained teachers, DCF will also use the funds to recruit, develop and retain leadership and teacher talent.

“All children deserve great schools,” said Jack Elsey, DCF’s executive director. “The proceeds from this auction will help improve public education in Detroit and, as a result, give thousands of young Detroiters a brighter future. We cannot thank General Motors enough for their commitment to DCF and the children of Detroit.”

The winning bid was placed by Rick Hendrick, founder and CEO of Hendrick Companies.

 “I am the number one Corvette junkie in the world,” said Hendrick. “Thanks to Chevrolet and Barrett-Jackson, because they always pick charities that are so good and help so many people.”

Corvette coupe production will begin at GM’s Bowling Green Assembly Plant in Kentucky in early February, with customer deliveries slated to begin before the end of February.

DETROIT – Corvette Racing will turn to a new face alongside a familiar one as part of the team’s endurance lineup for the 2020 IMSA WeatherTech SportsCar Championship.

Newcomer Nicky Catsburg will join Marcel Fässler as Corvette Racing’s long-distance specialists starting with the Rolex 24 At Daytona. The two drivers bring race- and championship-winning credentials from a variety of motorsport disciplines as Corvette Racing begins its campaign in IMSA’s GT Le Mans (GTLM) category with the mid-engine Chevrolet Corvette C8.R.

In his first season with Corvette Racing, Catsburg is set to team with Antonio Garcia and Jordan Taylor at the wheel of the No. 3 Mobil 1/SiriusXM Corvette for the Rolex 24, Mobil 1 Twelve Hours of Sebring and season-ending Petit Le Mans at Michelin Raceway Road Atlanta.

DETROIT — Jaws dropped when Chevrolet first announced the 2020 Chevrolet Corvette Stingray coupe would accelerate 0 to 60 mph in less than three seconds with the available Z51 Performance Package. Today, the brand confirms the sportscar with the available Z51 Package can reach 60 mph in 2.9 seconds and cross the quarter mile mark in 11.2 seconds at 121 mph.

Even without the available Z51 Package, a base Stingray, starting at $59,995 (including destination charges, excluding tax, title, license, and dealer fees), can reach 60 mph in three seconds flat and cross the quarter mile mark in 11.2 seconds at 123 mph. Performance numbers may vary, as different climates, tire conditions and road surfaces may affect results.

“The performance of the 2020 Stingray has far exceeded our expectations,” said Alex MacDonald, Chevrolet vehicle performance manager. “Moving more weight over the rear wheels helps us get off the line quicker, but it’s the integration between the powertrain and chassis that really takes the performance to new levels.”

A full chart of the above performance specs is listed below.

This groundbreaking performance is achieved through a formula of rear weight bias, tire technology, aerodynamics, chassis tuning and of course, the powertrain. The 6.2L LT2 Small Block V-8 engine and eight-speed dual-clutch transmission are in many ways the stars of the show.