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1st 2024 Corvette E-Ray Sold For $1.1 Million At Barrett-Jackson

The entirety of the hammer price will benefit the DonorsChoose nonprofit organization.

by Edward Jones
April 17, 2023
in Chevrolet, Corvette E-Ray, News
first ever corvette e ray auction.jpg
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The first-ever retail production example of the head-turning 2024 Corvette E-Ray has been sold at the recent Barrett-Jackson Palm Beach event for a cool $1.1 million. The winning bidder? None other than Rick Hendrick.

Like previous auctions of “first retail production examples” at Barrett-Jackson, the entirety of the hammer price of the new Corvette will be used to benefit a nonprofit. In this instance, the $1.1 million will be donated to DonorsChoose. This nonprofit organization was founded to connect donors directly with requests from educators/teachers. Since the organization’s founding in 2000, more than two and half million classroom projects have been fulfilled through DonorsChoose.

First-Ever Corvette E-Ray Auction

“General Motors and Chevrolet are proud to join DonorsChoose on its mission of combatting inequality in school funding by providing underserved communities with the resources needed for a quality education,” said Steve Majoros, chief marketing officer, Chevrolet. “The Corvette E-Ray is a special product for Chevrolet, and we are honored that the proceeds from the sale of VIN 001 will aid this organization in supporting students and teachers around the nation.”

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When delivered, Hendrick will receive a revolutionary Corvette. For power, the E-Ray relies on a 6.2-liter V8 engine but there’s the addition of an electric model to the front axle. That addition makes the E-Ray the first all-wheel drive Corvette and it produces a whopping 655 horsepower to boot. What’s more, the E-Ray is the quickest production Corvette with a 0 to 60 mph time of just 2.5 seconds.

First-Ever Corvette E-Ray Auction

Sources: Barrett-Jackson

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