First Corvette ZR1 auctioned for US$1 million

The recent Barrett-Jackson auction in Scottsdale Arizona has seen the very first “retailable” Corvette ZR1 sell for a cool US$1,000,000 and that’s not including auction fees. If you are not concerned about owning the numero uno ZR1 then waiting for the second, third or even fourth ZR1 would save you US$900,001 and the auction fees…of course.

The proceeds from the ZR1's sale, along with a trio of collectable authentic NASCAR Chevy Monte Carlo racecar hoods, will benefit United Way for Southeast Michigan.

The successful bidder was a chap by the name of Dave Ressler, who will also enjoy the following benefits that come with the purchase of the first ZR1.

• Delivery of the vehicle at the National Corvette Museum

• 3 days of High Performance Driving, with Corvette racer Ron Fellows

• Tickets to the Tonight Show with Jay Leno

• A personal tour of Jay Leno's "Big Dog" garage

In comparison, a far more reasonable US$675,000 would have bought you Carroll Shelby’s very own 1969 Shelby GT500 Convertible owned by the legend since new. Which just goes to show that with cashed-up petrolheads, its not always just about the investment.