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2025 Corvette ZR1 VIN 001 raises $3.7 million for Red Cross at charity auction

Itumeleng Garebatshabe
Last updated: January 29, 2025 12:40
By Itumeleng Garebatshabe
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The first 2025 Corvette ZR1, VIN 001, crosses the block at the Barrett-Jackson Scottsdale Auction. Photos courtesy of Barrett-Jackson Auction Co.
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On Saturday, January 25th, the first retail production 2025 Chevrolet Corvette ZR1, VIN 001, sold at the Barrett-Jackson Scottsdale Auction for $3.7 million. 100 percent of the hammer price of this Barrett-Jackson charity auction benefits the American Red Cross. Chevrolet selected the Red Cross to benefit disaster relief efforts in areas impacted by hurricanes Helene and Milton, as well as general relief to help people affected by disasters big and small, including wildfires, storms and countless other crises.

This ties the record donation for a charity vehicle at Barrett-Jackson set in 2022 by the first retail 2023 Corvette Z06 70th Anniversary Edition.

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“The 1064 hp Corvette ZR1 is the pinnacle of American engineering,” said Scott Bell, vice president, Global Chevrolet. “We at Chevrolet are proud to work with Barrett-Jackson and the Red Cross so that the historic sale of this American icon benefits people whose lives were impacted by hurricanes Helene and Milton, countless disasters across the country.”

Corvette Chief Engineer Josh Holder introduced the quickest, fastest and most powerful Corvette ever before an engaged audience of bidders in the room and around the world, alongside representatives from the Red Cross. Minutes later, the winning bid was placed by Rick Hendrick, founder and CEO of Hendrick Companies.

General Motors and Chevrolet maintain a long-standing relationship with the Red Cross and regularly support the organization’s disaster relief efforts.

“The Red Cross is working around the clock to provide help and hope to people across the country impacted by disasters big and small, including wildfires, floods and other crises,” said Cliff Holtz, president and CEO of the American Red Cross. “We cannot thank Chevrolet enough for their tremendous generosity as we work together to offer critical relief and comfort to families and communities in dire need.”

Thanks to more than 15 years working with Barrett-Jackson and their charity auction program, Chevrolet has generated millions of dollars in donations for many great causes. This auction brings the total amount of money Chevrolet has raised at Barrett-Jackson charity auctions through the sale of eighth generation Corvettes to $12.9 million.

The $3.7 million hammer price matches the record donation for a charity vehicle at Barrett-Jackson set in 2022 by the first retail 2023 Corvette Z06 70th Anniversary Edition. Photos courtesy of Barrett-Jackson Auction Co.

“General Motors has shared some of our biggest and most memorable moments when we have raised money together for charity on the Barrett-Jackson auction block,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Over the years, GM has entrusted Barrett-Jackson to sell some of their most coveted first-production vehicles for charity, and we’re honored to have continued that tradition in Scottsdale with the sale of the first retail production 2025 Chevrolet Corvette ZR1 (Lot #3005). We made history by selling this rare collector vehicle for $3.7 million, while also helping the Red Cross fulfill its mission to feed and provide emotional support to victims of disasters. Between the recent hurricane on the East Coast and fires in California, the money is certainly needed.”

TAGGED:2025 Chevrolet Corvette ZR1American Red CrossBarrett-Jackson Scottsdale AuctionGeneral MotorsVIN 001

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Itumeleng is the Managing Editor of The Auto Magazine. He is a tech and car enthusiast

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