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The First Retail 2025 Chevrolet Corvette ZR1 Sold for $3.7 Million

The first retail-production 2025 Corvette ZR1, VIN 001, brought $3.7 million at Barrett-Jackson’s Scottsdale charity auction. Chevrolet said the full hammer price benefited the American Red Cross.
From TheFinanceBase Team1 min to read
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The first retail-production 2025 Chevrolet Corvette ZR1 sold for $3.7 million at Barrett-Jackson’s Scottsdale Auction on January 25, 2025. Chevrolet said the full hammer price benefited the American Red Cross, making this a charity-auction result—not a typical Corvette sale or a guide to the car’s retail value.

What sold, and who bought it?

The car was the first retail-production 2025 Corvette ZR1, VIN 001, offered as lot #3005. Rick Hendrick, founder and CEO of Hendrick Companies, placed the winning bid. Chevrolet announced the result on January 27, 2025. Chevrolet’s announcement

Chevrolet said 100 percent of the $3.7 million hammer price benefited the American Red Cross, including support for relief efforts related to hurricanes Helene and Milton and broader disaster assistance. That charitable purpose is central to understanding the price: it reflects a high-profile fundraising auction for a first-production example, not what buyers generally pay for a ZR1.

How does $3.7 million compare with the ZR1’s starting price?

Chevrolet’s January 2025 pricing announcement listed the following starting MSRPs, including destination freight charge:

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Those manufacturer starting prices exclude tax, title, license, dealer fees and options. They are useful retail context, but they are not directly comparable to the $3.7 million charity-auction hammer price. Chevrolet described the VIN 001 result as tying the record for a charitable vehicle sale at Barrett-Jackson, which it said had been set in 2022 by the first retail 2023 Corvette Z06 70th Anniversary Edition. That is a narrowly defined charity-auction record, not a claim that this was the highest price ever paid for any Corvette or car. Auction details from Chevrolet · Chevrolet’s ZR1 pricing announcement

What makes the 2025 ZR1 notable?

Chevrolet describes the ZR1 as using a 5.5-liter twin-turbocharged LT7 V8. Its published output is 1,064 horsepower at 7,000 rpm and 828 lb-ft of torque at 6,000 rpm, with figures determined under SAE guidelines. Chevrolet also cites a 233 mph track top speed and a 0–60 mph time of 2.3 seconds on a closed course. These are manufacturer specifications and performance claims; they explain the car’s engineering, not the charitable premium paid for VIN 001. Chevrolet’s specifications and pricing release

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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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