Car will be sold at Scottsdale 2020 auction to benefit Detroit Children’s Fund
The first production 2020 Chevrolet C8 Corvette Stringray, the car bearing VIN 001, will be sold at auction in January 2020 at the Barrett-Jackson collector car auction in Scottsdale, Arizona, the auction company and Chevrolet announced Wednesday.
Proceeds from the sale of the first mid-engine Corvette to go into production will benefit the Detroit Children’s Fund charity.
“Over the years, Chevrolet has partnered with Barrett-Jackson to raise millions of dollars for charity through the auction of many VIN 001 vehicles,” Sean Finegan, Chevrolet’s manager of corporate events, was quoted in the news release.
“Since its debut in July, the 2020 Chevrolet Corvette has raced its way into the hearts of performance enthusiasts around the globe. We’re excited to team up with Barrett-Jackson again and auction the first retail production Corvette in Scottsdale in January to benefit Detroit Children’s Fund. It’s only fitting that VIN 001 begin its legacy on the block to help build up and invest in the lives of students across this great city.”
“The 2020 Chevrolet Corvette Stingray ushers in a new era of design and performance that will long be regarded as a milestone for America’s sports car,” Craig Jackson, Barrett-Jackson chairman and chief executive, said in the announcement.
“Witnessing the sale of the first production 2020 will, without a doubt, be one of the hallmarks of next year’s Scottsdale Auction. What makes this sale even more exciting is that 100 percent of the hammer price will benefit the incredible students across the Detroit area.”
The Detroit Children’s Fund provides training, resources and supplies to underfunded public schools in the Detroit area. I’s mission is to bridge the gaps in funding and expertise, directing resources and best practices that are proven to help schools improve on the whole. It also helps schools acquire technology and training and provides computers, textbooks and other learning tools.
“Barrett-Jackson has set the stage for the sale of some of the most iconic VIN 001, prototype and first production vehicles of our time,” noted company president Steve Davis.
“This beautiful Corvette Stingray is going to set new standards in the sports car world, and we couldn’t be more excited to be a part of its history.”
An example of the new C8 is on display at Barrett-Jackson’s Las Vegas auction, which runs through Saturday, October 5, at the Mandalay Bay convention center on The Strip.
The 2020 Chevrolet Corvette Stingray is powered by a 6.2-liter V8 LT2 engine mounted behind the passenger compartment.