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Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallThe first retail-production 2025 Chevrolet Corvette ZR1, VIN 001, 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 retail sale or a guide to what other ZR1s cost.
The winning bidder was Rick Hendrick. The car’s headline-grabbing price should be understood in that charitable context, alongside Chevrolet’s published starting prices and performance specifications.
How much did the first retail 2025 Corvette ZR1 sell for?
Chevrolet reported that the first retail-production 2025 Corvette ZR1 sold for $3.7 million as lot #3005 at Barrett-Jackson’s Scottsdale Auction. The auction took place on January 25, 2025, and Rick Hendrick placed the winning bid, according to Chevrolet’s release. [Chevrolet, January 27, 2025]
Chevrolet said 100 percent of the hammer price benefited the American Red Cross, including its disaster-relief work. That makes the result a charitable fundraising sale, not an ordinary dealer transaction. It should not be treated as the usual market price for a 2025 ZR1.
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What was the car, and why was the sale notable?
The auction car was VIN 001, described by Chevrolet as the first retail-production 2025 Corvette ZR1. Chevrolet said the $3.7 million result tied the record for a charity vehicle sale at Barrett-Jackson that it said had been set in 2022 by the first retail 2023 Corvette Z06 70th Anniversary Edition. That record claim is specific to charity vehicle sales at Barrett-Jackson; it is not a claim about the highest price for any Corvette or car at auction.
The buyer, Rick Hendrick, is the founder and CEO of Hendrick Companies. Chevrolet identified him as the winning bidder. The available research does not establish the car’s later ownership or resale history.
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Charity auction price versus Corvette ZR1 starting MSRP
Chevrolet’s January 2025 pricing announcement listed these starting MSRPs, including destination freight charge. These manufacturer prices and the charity hammer price reflect different transaction contexts and should not be read as like-for-like values.
| Figure | What it represents |
|---|---|
| $3.7 million | Hammer price for VIN 001 at the Barrett-Jackson Scottsdale charity auction; Chevrolet said the full hammer price benefited the American Red Cross. |
| $174,995 | Chevrolet’s announced starting MSRP for the 2025 ZR1 1LZ coupe, including destination freight charge. |
| $184,995 | Chevrolet’s announced starting MSRP for the 2025 ZR1 1LZ hardtop convertible, including destination freight charge. |
Chevrolet stated that MSRP excludes tax, title, license, dealer fees, and options. The auction result does not show that ordinary ZR1 buyers paid anything close to $3.7 million.
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2025 Corvette ZR1 specifications
Chevrolet described the ZR1’s engine and performance figures as follows. These are manufacturer specifications and claims, not measurements from the charity auction.
| Specification | Chevrolet’s published figure |
|---|---|
| Engine | 5.5-liter twin-turbocharged LT7 DOHC V8 with a flat-plane crank |
| Horsepower | 1,064 hp at 7,000 rpm, per SAE guidelines |
| Torque | 828 lb-ft at 6,000 rpm |
| Top speed | 233 mph on a track |
| 0–60 mph | 2.3 seconds on a closed course |
Chevrolet vice president, Global Chevrolet Scott Bell said: “The 1064 hp Corvette ZR1 is the pinnacle of American engineering.” The performance figures provide context for the car, but they do not explain the charity premium on VIN 001 by themselves.
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Why the $3.7 million figure needs context
The winning bid supported the American Red Cross rather than setting a routine retail price. Chevrolet said the donation would support disaster relief, including help related to hurricanes Helene and Milton, as well as broader assistance for people affected by disasters.
For buyers considering a ZR1, Chevrolet’s published starting MSRP is the more relevant reference point than this one-off charitable hammer price. The $3.7 million result reflects the specific first retail-production car and its fundraising purpose; it does not establish what later ZR1s will sell for or whether their values will rise.
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FAQ
How much did the first retail 2025 Corvette ZR1 sell for?
It sold for $3.7 million at Barrett-Jackson’s Scottsdale Auction on January 25, 2025, according to Chevrolet.
Was the $3.7 million sale a normal retail transaction?
No. It was a charity auction. Chevrolet said the full hammer price benefited the American Red Cross, so it is not representative of a typical ZR1 purchase.
Who bought Corvette ZR1 VIN 001?
Chevrolet identified Rick Hendrick as the winning bidder.
What was the 2025 Corvette ZR1’s starting MSRP?
Chevrolet announced starting MSRPs of $174,995 for the 1LZ coupe and $184,995 for the 1LZ hardtop convertible, each including destination freight charge. Chevrolet said MSRP excludes tax, title, license, dealer fees, and options.
What are the 2025 Corvette ZR1’s horsepower and torque figures?
Chevrolet rated the 5.5-liter twin-turbo LT7 V8 at 1,064 horsepower at 7,000 rpm and 828 lb-ft of torque at 6,000 rpm, per SAE guidelines.
Quick Recap
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