Nobody provides more complete, current auction results than Vette
Transcription
Nobody provides more complete, current auction results than Vette
Volume 2 Number 5 www.vettenvestments.com Mecum Houston, April 9-11 Mecum Kansas City, April 23-25 1964 Tanker 327/375 HP, 1 of 38 Produced Sold for $220,000 1966 427/425 HP, 4-Spd. Sold for $87,500 May, 2015 1967 Roadster, 427 435 HP, 4-Speed, A/C Sold for $62,000 Barrett Jackson, April -17-19 1957 283/270 HP 4-Spd, NCRS Top Flight Sold for $80,000 1967 Convertible 427/435 HP, 4-Speed Sold for $150,000 1962 Restomod, 427/505, 6-Speed Sold for $192,000 1962 327/250 HP, Two tops 1963 Split Window Coupe, 327 CI, 4-Spd Sold for $127,000 2011 GS Convertible, 6-Speed, one owner, 575 miles. Sold for $52,000 1966 Convertible 427 CI, 5-Speed Sold for $115,000 1966 Convertible 427/425 HP, 4-Speed Sold for $108,000 1967 Coupe, 427/435, 4-Speed Sold for $138,600 Leake Dallas, April 17-19 1967 Convertible, NOM 427ci/390hp 4-spd Sold for $64,500 1957 283/270, 3-Speed Sold for $137,500 Nobody provides more complete, current auction results than Vette-N-Vestments, NOBODY! Hello Corvette Family! Join NCRS Today! We attended, and are reporting this month on the Mecum Houston, Mecum Kansas City, Leake Dallas, and Barrett Jackson West Palm Beach, FL. May will include Auctions America in Auburn, IN and the HUGE Mecum Indy Auction. We will be attending both. We very much appreciate the work that Mr. Bill Kendrick did at the Houston and Leake sale. He also assisted with condition reports at Houston. Bill knows his Corvettes. He currently owns a 63 and 68 Convertible, 2008 Roadster. Also assisting this month with conditions at Kansas City is Mr. Robert Hoffman. I met Robert and his wife at the Chicago Mecum sale, and he is kind enough to help us out when we are unable to attend. Kudos go out to Jim Plihcik, Ben Labaree, Bob Kroupa and many others for providing assistance with every issue. Published by Corvetteology, LLC PO Box 669086 Pompano Beach, FL 33066 Tel: 954-234-5209 Fax: 954-742-0502 E-Mail: corvettemarsh@comcast.net Editor & Publisher………………..….. Marshall Fancher Editor Emeritus………………………..…......Bob Kroupa Technical Director………………….…..…...Ben Labaree Proofreader and Consultant………Raymond Baskette Content Contribution ………………... James D. Plihcik Spreadsheets …………………………………..Joe Rawls Central Region Correspondent…………..Bill Kendrick Western Region Correspondent….….Robert Hoffman Subscription Information: Subscription Subscription Options/Prices Send US Funds only. Corvetteology also publishes the SOON TO BE RELEASED, NEW AND REDESIGNED VetteN-Vestments Corvette Pricing Guide that covers all years and body styles and provides high/low/average prices for each model. Includes % change in average price from previous year to determine investment potential, motor and options. Entire contents copyright 2014 Corvetteology, LLC Reproduction in any manner, either in whole or in part, without written permission from the publisher is prohibited. Subscription Options/Prices Paper/Monthly $55.00 Includes digital edition, Foreign $65 Digital/Daily $19.95 Excludes paper edition Price Guide $20.00 Combo Package, All of the above $70/Year, a $5 Savings Digital Pages, Unlimited Full Color Easy to share Email Updates Paper 8 2 Pages of Color Copy or scan Once a month in USPO mailbox In the near future we will be forced to discontinue the complimentary paper edition. We will be glad to replace this with a FREE digital subscription. Drop us an email ASAP, please, mafancher@gmail.com. corvettesconquercancer.com Please consider supporting the great work that Ben does! For great Corvette coverage, www.corvetted.com Please visit our friends at: Buyavette, INC. 3762 Dekalb Technology Parkway Atlanta, GA 30340 Phone: 770-414-5552 Toll Free: 866-497-2281 Free Lunch for all guests every Saturday! Over 100 Corvettes IN STOCK! Only 500 Corvette Z06 C7.R Editions To Be Offered for 2016 The Big Question Is: How Few Hours Will It Be Before They Are Sold Out? Visit our partners at www.corvetteblogger.com Corvette trip of a lifetime? Yours truly had a very unique opportunity on April 17. Thanks to our good friends at www.buyavette.net, I was able to assist with the transportation of a 2011 ZO6, and a 2014 Laguna blue 2LT seven speed coupe. Depart Ft. Lauderdale, arrive Tampa 265 miles. Quick jaunt to Lakeland FL. Inspection and familiarization of C7. Next stop Atlanta, GA. 463 miles later. Impressions: The ZO6 is a wonderful car with the refinement of a fine woman and the ability to turn into a thrill ride on wheels. Jumping from that car to the Stingray was possibly like checking out of a Marriott, and checking into the Ritz Carlton. Once you get past the awesomeness of the exterior looks of Chevrolet's latest generation of Corvette, The interior smells like a glove and surrounds you in a similar fashion to a C4 close up and personal driving position, but that is the only thing that reminded me of a C4. Familiarization with DIC configuration is quite straightforward and has an amazing amount of content and configurability. The stand out things in my mind were the quality of the graphics and the now color heads up display. Three analog gauges are comprised of a tachometer, fuel and temperature gauges. Some of the details and nice touches are the ability to have the NAV display in the DIC and the cute touch is a C7 icon at you map position instead of a generic vehicle. This car had ride control and automatically enables the performance exhaust in Performance and Track mode, a nice touch. While absorbing the car I sensed that some cues from the fenders reminded me of the view from a C3. Nothing comes close in its class to exceeding the driver’s experience of the awesome Corvette! GM Media, Corvetted - April 24, 2015 BOWLING GREEN, Ky. – Chevrolet today introduced the 2016 Corvette Z06 C7.R Edition – a road-going, track-capable homage to the Corvette Racing C7.R racecars. It’s offered in Corvette Racing’s signature yellow livery – or black – with coordinated exterior and interior accents. Only 500 examples of the C7.R Edition will be built and all will include the Z07 Performance Package with carbon ceramic brakes, as well as a specially serialized vehicle identification number. They go on sale later this year. “Corvette Racing’s legacy and technology were significant influences on the development of the Corvette Z06 and the new C7.R Edition honors the direct link between the racecar and the production model,” said Harlan Charles, Corvette product and marketing manager as he introduced the new Corvette to thousands of Corvette enthusiasts at the National Corvette Museum's annual BASH in Bowling Green. “It also advances Chevrolet’s plan to offer special-edition models that offer a unique, personal ownership experiences, which become important parts of Corvette’s legacy.” "The Corvette Z06 C7.R Edition offers capability matched only by an elite fraternity of the world’s supercars and specialedition exclusivity that is sure to make it an instant collector’s item" - Harlan Charles -Corvette Marketing Manager Off Topic I had the honor and privilege to meet Mr. Kurt Tanner at Barrett Jackson last month. As many of you may know from past Barrett Jackson auctions, Kurt is famous for his restoration of Austin Healey cars. His work is well respected and admired within our industry. He was very kind to chat with me. Here is his bio from his website at, http://kurttannermotorcars.com/history/ Kurt Tanner Restorations evolved into Kurt Tanner Motorcars, a classic European sports car dealer located here in Southern California. Kurt’s 25 years of restoring sports cars brings an expertise to the market that can accurately identify and assess a car’s condition, from basket case project cars, all the way up to a Concours show winner. Find Kurt at, http://kurttannermotorcars.com/ Mecum Houston April 9-11,2015 Prices do NOT include an 8% buyers fee. Lot # Year Body Motor Trans Cond Color S109 S116 S181.1 S185 F105 S212 S135.1 F125 S155 S143 S213 S97.1 S90.1 S189 S94.1 S147 F148 S167 S129 S52 S117 S75.1 F11 S150.1 F216.1 S136.1 F83 F138 S41 S119 S154.1 S197 S54.1 S60.1 S206 S107.1 F128 F127 F167.1 S61 F175 F157 S43 F137 1954 1954 1957 1957 1960 1961 1961 1961 1961 1962 1962 1962 1962 1962 1963 1963 1963 1963 1963 1963 1964 1964 1964 1965 1965 1965 1965 1965 1965 1966 1966 1966 1966 1966 1967 1967 1967 1967 1967 1967 1968 1968 1969 1969 R R R R C R R R R R R R R R C R C C C C C C R R C R R R C R R R R R R R R C R R C C T C 235ci Z06 283/270 283/270 300h 283/315 283/315 327ci 350/450 LS3 327/340 327/360 327/340 327/250 327ci 327/360 327/340 327/300 327ci 6.2L 327/375 327/300 327 396/425 327/300 327/365 327/350 327/365 327/365 ZZ427 427/425 427/450 427/390 327/350 427/435 427/400 327/350 327/300 427/390 327/300 427/400 427 CI 427ci 427/390 A 6 4 4 4 4 4 4 4 6 4 4 4 A 4 4 4 4 4 A 4 4 5 4 A 4 4 4 4 5 4 4 4 4 4 4 4 4 4 4 4 4 5 A 3 2+ 2 2+ 3 2 2 2+ 2 2 2 2 2 2 2 2 2 2 2 2 2+ 2 3 2 22 3+ 3+ 2 2 2 2 2 2 2 2 2+ 2 3+ 233 2 3- Red Red Copper Red/Wht Red/Wht Blue Red Red/Wht Red/Wht Red Beige Maroon Red Red Red Red Silver Red Red Yellow White Blue Red Black White Yellow Red Red Blue Red Black Red Red Yellow Red Blue Red Maroon Maroon Blue Bronze Black Black Maroon Cert A/C Miles 2-top OpWhl SidEx x N 53k x x N x x x x x BN 31k x x x 96k x x x x x x x x x x x x BN x 44k Sold $65,000 $50,000 $100,000 $82,500 $45,000 $90,000 $84,000 $66,000 $44,500 $100,000 $85,000 $73,000 $65,000 $61,000 $127,000 $110,000 $100,000 $90,000 $59,000 Y N N Y Y Y N Y Y N N N N Y Y N Y Y Y Y Y N Y Y Y Y N N Y Y Y N Y Y Y Y N Y Y N N Y Y N $66,000 GS Replica N Price x x x x $220,000 $50,000 $34,500 $76,000 $74,000 $68,000 $52,000 $50,000 $45,000 $115,000 $108,000 $95,000 $54,000 $53,000 $150,000 $105,000 $76,000 $70,000 $66,000 $65,000 $27,500 $23,000 $48,000 $20,000 LEGEND: C=Coupe, R=Roadster, T=T-Top, PC=Pace Car, SA=Silver Anniversary, CE=Collector Edition, GS=Grand Sport, AN=Anniversary, CW=Callaway, Z06 and ZR1=High Performance, PE=Premier Edition, CM=Commemorative Edition MILEAGE: K=1,000 miles CERTIFICATION: B=Bloomington Gold, N=NCRS, T=Triple Crown CONDITION: 1=Excellent, 2=Good, 3=Street Drive, 4=Poor, needs paint, body and/or interior work, U=Unrestored Mecum Houston continued F248.1 F260 S153 F104 1969 1970 1970 1971 R R C T 350/300 350/370 LS7 350/270 A 4 4 4 322 2+ Orange Green Racer Red F79 S94 S86 T138 F241 F173 1971 1972 1972 1972 1972 1973 C R C T R R 350ci 350ci A 4 A A A 4 2 2 22+ 3 3 Silver Orange White Orange Blue Red T207 F44 T114 F249.1 T163 F301 1975 1977 1978 1978 1979 1980 R C T T T C 350ci 350ci 350/220 350/185 4 4 A 3+ 3 383/425 A 5 33+ 3+ Blue Tan Silver PaceCar Silver Yellow T164 T27 F245 F246 T191 F251 1980 1989 1990 1990 1991 1993 T C C C C C 350/190 5.7 L ZR1 LT5 ZR1 LT5 ZR1 LT5 ZR1 LT5 A A 6 6 6 6 3 23 3 22- White Red Black Green Red Red F75 F65 T189 T148 S158 T44 1993 1995 1995 1995 1996 1996 R C C C C C 383/440 5.7/300h 350/300 350/300 350/330 350/330 6 A 6 6 6 6 2+ 2+ 23 2 3 Yellow PaceCar Red Purple Blue White F149 S15 F248 F60 F249 T196 1998 1999 2001 2001 2002 2003 C C R C R R 5.7L 632ci 5.7/350 LS1 LS1 LS1 A A A A A 6 2+ 2+ 3 2 2 PaceCar Custom Red Tan Red Maroon F168 F244 S17 T161 F247 F71 2004 2006 2007 2007 2008 2009 C C C C C C 5.7/405 LS7/660 LS7 LS2 6.2/436 LS9/638 6 6 6 6 A 6 2+ 2+ 2 22+ 2+ Blue Blue Yellow Red Ylw/Blk Blue 350ci 350ci 454/275 73k x x x x x x x 43k x x 30k x x x x 21.6k 23k 34k 31k x x x 5.2k 46k 18k 5.8k x 5.2k x x 27k 24k 4.2k 63k 106 8k x x LEGEND: C=Coupe, R=Roadster, T=T-Top, PC=Pace Car, SA=Silver Anniversary, CE=Collector Edition, GS=Grand Sport, AN=Anniversary, CW=Callaway, Z06 and ZR1=High Performance, PE=Premier Edition, CM=Commemorative Edition MILEAGE: K=1,000 miles CERTIFICATION: B=Bloomington Gold, N=NCRS, T=Triple Crown CONDITION: 1=Excellent, 2=Good, 3=Street Drive, 4=Poor, needs paint, body and/or interior work, U=Unrestored $18,500 $55,000 $50,000 $26,500 Y Y N Y $25,000 $36,000 $25,000 $24,000 $22,500 $29,500 N Y Y N Y Y $22,500 $9,000 $13,000 $13,000 $12,000 $16,000 Y Y Y Y Y N $13,000 $9,500 $27,000 $19,000 $21,500 $23,500 N Y Y Y Y Y $18,000 $24,000 $13,000 $9,500 $33,000 $7,750 Y Y Y Y Y Y $27,000 $27,000 $25,500 $14,000 $21,000 $24,000 Y N Y N Y N $24,000 $65,000 $35,000 $17,500 $33,500 $65,000 N Y N Y Y N Mecum Kansas City April 17-19, 2015 Lot # Year S98.1 S133 T108 S47 S66 S123 S127 S150 S80 S84 T100 F111 S105 S134 S132 S146.1 S39 S41 T116 T118 S171 S34.1 S67 F189 S115.1 F22 F73 F150 F90.1 S154 F108 F192.1 F199.1 T127 F181 F188.1 F78.1 S43 T122 T126 T74 F44 Body 1957 R 1958 R 1959 R 1960 R 1960 R 1961 R 1962 R 1962 R 1962 R 1963 R 1963 R 1964 R 1964 C 1964 R 1965 R 1965 R 1966 R 1966 R 1966 R 1966 R 1967 C 1967 C 1967 R 1968 R 1969 C 1971 T 1971 T 1972 C 1972 R 1972 R 1973 R 1973 C 1973 C 1973 C 1974 C 1974 C 1974 R 1975 R 1975 C 1976 C 1976 C 1977 C Motor 283/270 Trans Cond 4 4 1 2 4 3 4 4 4 4 4 A 4 2 1 1 2 1 1 1 4 4 2 1 A 4 4 4 A 4 1 1 1 1 1 2 4 4 1 1 4 4 4 4 A 1 1 1 1 1 A 1 A 4 4 A 2 1 1 1 4 2 ZZ4 5.7L 350/190 A A 2 2 5.7L 454/270 A 2 A 4 A 4 1 2 3 2 4 A A A 2 2 2 2 283/250 350ci 283/230 350ci 283/270 327/340 327/360 327/250 327/360 327/300 327/300 327/300 327/300 327/350 327/250 327/300 427ci 327/350 427/425 427/435 327/350 427/390 327/300 427/400 350ci 350/270 350ci 350ci 454/270 454ci 5.7L 350/250 350ci 350ci 5.7L 350ci 350/210 Color Red/Wht Blue Red/Wht Blu/Wht Cert A/C Miles 2-top OpWhl SidEx N 53k x x Blue Black White Tan Red Silver Black Red Red Yellow Blue Black White Blue Silver Orange Black Blue Orange Red Red 50k N N Y N Y N Y N 42,000 44,000 N Y 46,000 43,500 48,000 55,000 49,000 48,000 Y Y Y N N Y 50,000 87,500 N Y 125,000 52,500 110,000 24,000 37,000 N N N N N 17,000 Y x 11,000 16,500 40,000 36,000 N Y N Y x 17,000 Y x 10,000 19,000 N Y x 10,000 N 21,500 8,500 19,500 9,750 N N Y Y 20,000 10,000 10,500 8,750 N Y N Y x x x 62k N N x x x x x x x x x x x x x x x 9.9k x Blue Red Blue White Orange x Red x Red Red Black Brown Maroon x 10.6k 80k 34.2k x x Y N 67,500 49,000 77,500 47,500 75,000 55,000 59,000 x x x x x x Sold 54,000 Black Beige White Maroon Beige Price 80,000 75,000 x x x F144 S62 S54.1 S45 T62 F139 F169 F195 S109 S131 S149 S29.1 T115 T96 T69 S137 F121 F65 T113 F135 S143 T86 S103 S114 S81 S91 F127 S135 S14 F121.1 T46 S13 T136 F152.1 F119 S118 F226 S98 T121 S124 S200 S51.1 T129 S129 S96.1 F134 1978 1978 1980 1981 C C C T 1981 C 1982 C 1982 C 350ci 350/220 350/190 350/190 5.7L 350/200 350/200 4 4 A A 2 1 2 2 A 2 1 1 2 1 1 1 3- 350ci A A A A A A A 1982 C 1984 C 1986 R 1987 C 1988 C 1988 R 350/200 350 350/325 A A A 1 2 2 5.7L A 1 350ci 350ci A A 2 2 1988 C 1989 C 1989 C 350ci A A A 3 1 1 A 2 6 6 6 6 A 6 A 6 1 1 1 1 1 1 2 1 A 2+ 1982 1982 1982 1982 1982 C 350ci C C C 350/200 350/200 350ci C 1989 R 1990 C 1990 C 1990 C 1990 C 1992 C 1993 C 1993 R 1994 C 1994 C 1996 C 1996 C 1998 C 2000 C 2000 R 2001 C 2006 C 2006 C 2007 C 2007 C 2007 C 350ci 350ci 350ci LT5 405h LT5 405h LT5 405h LT5 405h 350ci 350/300 5.7L LT5 405h 350/300 350/330 5.7L300h Blue Silver Claret Black Blue Silver Silver Silver Silver Silver 38.2k x 2.4k x 49k x 57k 14k x 27k x x 3.4k 8k 3.9k x x Red Silver Gold Red Black Black Black Red Red Red Red Yellow Black Black Red Black Maroon Maroon Red x 66.8k 55k x 54k 1.7k x 28K x 61k x 4.4k 4k x 118 667 2.6k 619 x 7.5k x 42k 78k x 11.3k 6 1 A 3 Silver Red LS1 345h A 2 PaceCar 5.7L AAT 405h 7L 505h A 2 31k A 6 6 A 6 6 A 1 1 1 2+ 1 2 1 Red Black White Black 5k 41.2k 41 Black 3.8K 37k 6 1 6 6 6 1 1 1 LS V8 LS2 5.7L 2007 C 6L 5.7L 2008 C 2008 C 2011 R 7L 505h 6.2L436h LS7 Yellow Red Yellow Black Yellow Red 49k x x x x 37k x 575 12,500 27,000 10,000 12,750 Y Y N Y 9,500 N 17,000 15,000 10,000 19,000 17,000 16,500 7,000 Y Y Y Y Y Y N 10,500 5,500 8,500 N Y Y 14,000 N 13,000 6,500 N Y 6,000 13,000 14,000 Y N N 6,250 Y 37,500 35,000 33,000 33,000 15,000 12,000 10,000 32,000 Y Y Y Y Y N N N 12,000 Y 16,500 Y 11,000 Y 24,000 N 18,000 Y 67,500 25,000 43,000 25,000 43,000 25,000 18,000 N Y Y Y N N N 25,000 N 45,000 46,000 53,000 N N Y LEGEND: C=Coupe, R=Roadster, T=T-Top, PC=Pace Car, SA=Silver Anniversary, CE=Collector Edition, GS=Grand Sport, AN=Anniversary, CW=Callaway, Z06 and ZR1=High Performance, PE=Premier Edition, CM=Commemorative Edition MILEAGE: K=1,000 miles CERTIFICATION: B=Bloomington Gold, N=NCRS, T=Triple Crown CONDITION: 1=Excellent, 2=Good, 3=Street Drive, 4=Poor, needs paint, body and/or interior work, U=Unrestored Barrett Jackson, West Palm Beach, FL April 17-19 Prices include buyers commission.All Corvettes listed were sold at no reserve. Lot # Year Body 454 428 431 459 390 376 420 402 480 463 432 435 413 165 466 467 80 54 676 109 486 199 485 126 82 672 135 74 214 674 42 655 24 58 318 735 650 96 30 737 400 R Blue Flame R Blue Flame R 283/270 R 283ci R 290hp R 283/270 R LS7 C 327/360 R 327 R 327 R LS1 R 396/425 R 396/425 R 327/300 C 427/390 C 427/435 R 427/390 R 327/350 C 427ci R 427/390 R 427/400 R 427ci R 454/390 T LT1 C 350/255 R 454/270 Cus 350 R L82 R 350ci R 350 C 350 Cus 537ci R 230hp R 350 R LT1 R LT1 R 350/300 R LT1 R LS1 R LS1 C LS3 1954 1954 1957 1959 1960 1961 1962 1962 1962 1963 1964 1965 1965 1965 1966 1967 1968 1968 1969 1969 1969 1969 1970 1971 1972 1972 1973 1974 1974 1975 1982 1985 1986 1989 1992 1992 1993 1996 2001 2004 2009 Motor Trans Cond A A 4 4 4 4 6 4 4 A 6 4 4 4 4 4 4 4 4 4 A 4 4 4 4 A A 4 A 4 A 6 A 6 A A A A A A A 32+ 2+ 2 3 12+ 2+ 13 2+ 2+ 2 2+ 2 22+ 22 2 2 2+ 2 2+ 2 2+ 2 3+ 2+ 3 2+ 222+ 3+ 3 2 2 2+ 21- Color White White Red/Wht Red/Wht Black Red/Wht Red Tan White Black Red White Blue Red Blue Red Silver White White White Green Blue Blue Blue Orange Yellow Black Red Red White Red Blk/Red Pace Maroon White Black 40thRed Silver Yellow Gray White Cert A/C Miles 2-top OpWhl SidEx 8.4k N 29k x 59k x x x x 70k x x x x 6k x x x 6.6k x 13k 6.5k x 22k 4k 51k x Price Sold $88,000 Y $82,500 Y $137,500 Y $71,500 Y $99,000 Y $99,000 Y $192,500 Y $110,000 Y $96,800 Y $55,000 Y $88,000 Y $110,000 Y $88,000 Y $66,000 Y $82,500 Y $138,600 Y $29,600 Y $25,850 Y $49,500 Y $44,000 Y $40,700 Y $38,500 Y $42,900 Y $44,000 Y $40,700 Y $35,200 Y $29,700 Y $31,900 Y $16,500 Y $24,200 Y $28,600 Y $23,600 Y $10,450 Y $22,000 Y $13,750 Y $9,900 Y $23,600 Y $22,000 Y $22,000 Y $22,000 Y $110,000 Y LEGEND: C=Coupe, R=Roadster, T=T-Top, PC=Pace Car, SA=Silver Anniversary, CE=Collector Edition, GS=Grand Sport, AN=Anniversary, CW=Callaway, Z06 and ZR1=High Performance, PE=Premier Edition, CM=Commemorative Edition MILEAGE: K=1,000 miles CERTIFICATION: B=Bloomington Gold, N=NCRS, T=Triple Crown CONDITION: 1=Excellent, 2=Good, 3=Street Drive, 4=Poor, needs paint, body and/or interior work, U=Unrestored Corvette Collector Market Outlook – Following Houston and Palm Beach Corvetted takes a look at where the Corvette market is headed for 2015 in the aftermath of the Houston and Palm Beach Auctions Rick Tavel© - Corvetted – April 13, 2015 Since the uninspiring collector Corvette sales in the all-important January auctions the Corvette market has been struggling to determine if the results indicated that prices for America’s sports car were undergoing a mere market price correction or if the disappointing prices could be the beginning of more severe and longer market price decline. Many Corvette market analysts were looking to the traditional strength of Mecum’s Houston and Barrett-Jackson’s Palm Beach April events as the litmus test that would provide more information, answer the question and provide an outlook for the balance of 2015. The first indicator we examined were consignments. Mecum’s Houston event is historically one of the strongest Corvette venues in the country and since the cancellation of their all-Corvette Bloomington Gold auction last year anticipation was running high that we’d see a jump in both quantity and quality of the Corvettes at this year’s auction. Two weeks before the auction we had a major concern with only 70 Corvettes consigned at the time, far below last year’s offerings, but our concerns were allayed when several sellers decided at the last minute to have their Corvette cross the block, bringing the number of consignments close to last year’s offerings. While many of those late consignments were unremarkable examples, it is encouraging to see the number come much closer to last year’s than we would have thought possible a few weeks ago. This 1967 Corvette L71 sold for $138.6K at Barrett-Jackson in Palm Beach 20% above the price it sold for three months earlier in Scottsdale. But it still sold for less than its Hagerty valuation. (Photo: Barrett-Jackson) Likewise, Palm Beach has traditionally been a relatively good Corvette market for Barrett-Jackson so again our anticipation was strong. Though consignments ended up almost mirroring 2014’s number. Like Mecum’s docket there were only a few blue chip, high value Corvettes offered and just looking at the number of consignments gave us little indication in the future direction and strength of the Corvette market moving forward. One encouraging sign however was Mecum’s 69% sell through for Corvettes, which based on past auctions, was very strong. Since Barrett-Jackson is almost entirely a “no reserve” event it offered no information in that regard. Taken on the whole, both auctions were successful in sales performance for all collector cars, but in both auctions it was clear Corvettes failed to bring the comparable prices to late 2013 and early 2014. As an example in 2014 the top Corvette seller in Houston was a beautiful 1967 coupe which hammered for $725K, much stronger than this year’s top seller a very fine 1964 “big tank” coupe which hammered for $220K. Overall prices were not as strong as last year for comparable models. At Barrett-Jackson in 2014, aside from the first production Z06 VIN #001 that sold for $1M, several of the top Corvettes sold for $165K. This year the top Corvette sold at BarrettJackson was a 1962 restomod that hammered for $175K but aside from that single example only four other Corvettes managed to break through the $100K barrier this year, half as many as in 2014 and none but the restomod came close to the four Corvettes that sold for the $160K price point last year. After the restomod the top seller was a 1967 Marlboro Maroon L71 coupe (LOT 467) which sold for $138.6K. Another indication of the softening prices was that at both auctions there was only one Corvette on their top ten seller list where in past auctions Corvettes had up to four examples in the top ten. This year at Barrett-Jackson the single example was the aforementioned 1962 restomod and at Mecum it was an excellent 1964 “big tank” coupe (LOT S117) that hammered for $220K. 1964 Tanker hammered for $220K at Mecum in Houston. (Photo: Mecum) Aside from Corvettes, the strength of the all collector cars on the docket at both events was exceptionally strong, but the Corvette prices indicated that either the Corvette offerings were simply not as strong as last year or the Corvette market was declining rapidly. After analyzing all the facts we do not believe the latter is the case but rather believe the results are a combination of both a market correction in valuation and overall weaker consignments. In Corvette valuation and pricing the market, though not as strong as 2013 and early 2014, has undergone a 10 to 15% market correction and is off their “highs” of two years ago. We believe the market has leveled off and stabilized at those lower valuations and the Corvette segment of the collector market is still viable and not in danger of falling much more in the near term. Corvetted’s Corvette Collector Market Outlook: Though the market has fallen 10 to 15% in the last six months we believe the market has leveled off and stabilized at those lower valuations. Here’s our analysis of what has happened over the last year in the Corvette market. First, after rapidly appreciating in late 2012, 2013 and early 2014, the Corvette market leveled off and by late 2014 cars went unsold and the prices began to decline primarily as a result of the over aggressive price jumps in the previous months. We see the decline as a price correction in the market with Corvettes selling 10 to 15% below the prices the cars were getting in 2013. That drop in Corvette prices was distorted even further in January at Barrett-Jackson where Corvettes simply either did not sell or sold below the estimates. But, as we stated in our analysis after the January auctions, we believe this was more a factor of the traditionally strong Corvettes being overshadowed by the hype and emphasis Barrett-Jackson placed on the Ron Pratt collection. So the Corvette results at Barrett-Jackson in January have to be discounted as a factor in analyzing future Corvette prices. One example of this was a wonderful 1967 Corvette matching number coupe that was hammered in Scottsdale for $105K and clearly worth far more. In fact in our Scottsdale recap we said it was the ‘buy” of the event. For unknown reasons the same car was again auctioned in Palm Beach and this time the same Corvette that hammered for $105K in January was one of the top Palm Beach Corvettes, selling for $138.6K, 20% above the price it garnered three months earlier. The Palm Beach price was far more indicative of the valuation, though it still sold below the estimated value prior to the market correction. Considering the market correction the car was still a good buy but much closer to a realistic price. At Auctions America in March in Fort Lauderdale a similar example sold for $160K. Examining the Hagerty Valuation Guide, the benchmark of the collector car industry, you can see the guide based on condition for a numbers matching, 1967 427/435 L71. The Hagerty valuation chart indicates that 1967 matching numbers, 427/435 L71 coupes in strong condition should bring above $150K. Hagerty pegs the estimate for this example between $145K to $165K. One area that has continued to show strength is the big block 427 and 454 third generation Corvettes and Barrett-Jackson had no less than four cross the block. Though none had the highly sought after 454 LS6 or 427 L71 engine, they were strong 390 HP and 400 HP examples of $25K ($27.5 with commission). Note that the 1970 and 1971 LT1’s will continue to bring significantly more than the 1972 years. Prices for fourth generation Corvettes will continue to be great buys. Because their prices are already at bargain basement levels they will dodge the market correction bullet and remain about where they have been except for the ZR1s and Grand Sports, which will continue to hover in the low to mid $20K range for ZR1s and more for Grand Sports. The ZR1s should begin to show some appreciation for original survivor examples. But if we were going to go out on the prediction foundation for the Z06 and ZR1 Corvettes of the fifth, sixth and seventh generations. Fifth generation prices are all over the board with some outstanding bargains out there aside from the Z06’s and Fixed Roof Coupes which continue to demand strong prices. Though bargains can still be found, all original, low mileage, unmodified FRCs and Z06s will begin may take another decade but these cars will surely escalate in value and while good examples are still readily available it may be wise to $88K and Mecum sold a strong #2 1969 Red/Black 427/390 HP convertible with air conditioning, lot S120.1, for $55K, a strong price for a non solid lifter engine C3. Here’s what we expect for the balance of 2015 in the Corvette market. Expect prices of first and second generation Corvettes to sell 10 to 20% below their 2013 highs. Even the big block Corvette pricing will be affected but the 1967 427 L71’s should be less impacted than the L36 and L68s. The exception to the market correction will be the L88 and L89 1967 Corvettes which should still bring close to record prices. Expect continued strength in the third generation big block and LT1 Corvettes. The legendary third generation L88’s will be impacted by the market adjustment seeing prices impacted by the same 10 to 15% unless the example is a condition 1 survivor (then we may see prices above $750K). Expect the ultra rare 1971 LS6 powered Corvettes to be highly prized and continue to escalate in prices. It would not be surprising to see an all original and documented 1971 LS6 to sell for $400K and in the future demand prices close or equal to some L88s. Overall third generation Corvettes are gaining renewed respect and collectors can still find big block bargains like Lot 112, an all original 1972 LT1 that just hammered at Barrett-Jackson for the bargain price of $25K ($27.5 with commission). Note that the 1970 and 1971 LT1’s will continue to bring significantly more than the 1972 years. Prices for fourth generation Corvettes will continue to be great buys. Because their prices are already at bargain basement levels they will dodge the market correction bullet and remain about where they have been except for the ZR1s and Grand Sports, which will continue to hover in the low to mid $20K range for ZR1s and more for Grand Sports. The ZR1s should begin to show some appreciation for original survivor examples. But if we were going to go out on the prediction limb we would begin “stockpiling” original condition C4’s for their inevitable future appreciation, especially the ZR1s and Grand Sports. It may take another decade but these cars will surely escalate in value and while good examples are still readily available it may be wise to add one to your collection. They were the Corvette generation that brought performance back to the Corvette and unless you are old enough to remember the ZR1 introduction you can’t fully appreciate what these cars represented at a time when many had no concept of what a real ”performance car” represented. These cars will one day be recognized for the impact they not only had on Chevrolet and Corvette but for setting the stage for a return performance cars and laying the foundation for the Z06 and ZR1 Corvettes of the fifth, sixth and seventh generations. Fifth generation prices are all over the board with some outstanding bargains out there aside from the Z06’s and Fixed Roof Coupes which continue to demand strong prices. Though bargains can still be found, all original, low mileage, unmodified FRCs and Z06s will begin escalating in price. Because they are the prototypes for the popular Z06s Fixed Roof Coupe that are all original documented examples will be solid investments and in the future their prices will equal or surpass a similar condition Z06 due to their limited production numbers. But the key factor for FRCs will be the originality, documentation and condition. Overall, the fifth generation Corvettes have always had a larger following and never experienced many of the criticisms of the C4 and as such fifth generation Corvettes still demand higher prices on average than a C4. Sixth generation Corvettes will continue their expected price free fall of the last two years just like all models when a new generation is introduced. For many the C6 is no more than a used car and have suffered the depreciation common to most But the high performance models, Z06, ZR1, and 427s will continue to demand strong prices. So Corvette collectors can take heart that we appear not to be in the same spot that the market was in just before the 2008 Corvette market crash. Though there was a minor price drop in early 2007 similar to what has happened recently it appears the market will remain relatively stable through the balance of 2015. Next January should help decipher market trends for 2016. Sources: Barrett-Jackson Mecum Vette-N-Vestments Hagerty Auctions America Leake Dallas, April 17-19 2015 Lot # 468 179 462 494 1147 2454 2488 502 809 2511 740 2432 2476 2477 428 1121 436 1181 416 749 1160 2482 1131 Year Body Motor Trans Cond Color Cert A/C Miles 2-top OpWhl SidEx 1960 R 283 ci 4 3White 1963 R 327/300 A 3 Red 68k 1964 R 460h V8 M 2Red x 439 x x 1966 R 327ci V8 4 3+ Green 6.2k x x 1966 R V8 A 3 Yellow x 1967 R 427/390 4 3Green 1967 R 427/435 4 2Blue x x x 1968 R 327ci V8 M 3 Red 1968 R 350 V8 4 3 Yellow x 1968 R 350ci V8 4 3 Yellow x 1969 C 427 V8 5 3 Blu/Wht x 1969 C 427ci V8 5 3+ Blu/Wht x 1969 R 427/390 4 3Gold x 1972 R LS5 A 3+ Orange x 1974 C 350/400 5 3 Maroon x x 1978 T 350ci V8 A 3 Blue 1982 C 5.7L V8 A 3Beige 1982 T 350 V8 A 3Red x 1984 C V8 4 3+ Brown 1989 R 350ci V8 A 3 Red 1989 C 350/245 A 3White 1992 C 600h V8 A 3+ Yellow x 16k x 1993 R 350ci V8 A 3- Maroon x Price Sold 65,000 Y 36,250 Y 80,000 N 44,250 Y 37,000 Y 64,500 Y 62,000 Y 32,000 N 22,000 N 25,000 N 31,000 32,000 27,000 Y N N 25,000 N 18,500 Y 9,500 Y 9,750 9,800 Y Y 10,500 N 10,250 Y 5,900 Y 18,000 N 6,500 N 1131 1165 1143 2447 1183 1155 138 161 488 2490 2483 1993 1996 1998 1999 2000 2002 2004 2004 2006 2009 2013 R R C R C C C C C C C 350ci V8 330h V8 345h V8 427 C5R 350 V8 LS6 650h LS1 5.7 SFI V8 LS7 505h SFI V8 7L V8 A 6 A A 6 6 A 6 6 M 6 3- Maroon 2Silver 2 IndyPace 2Silver 4 White 3 Red/Blk 2+ Maroon 3 Grey 3+ Silver 2+ Silver 2 Black x x 6,500 N 12k 30k x x x x x 18,500 22,500 35,000 8,500 Y N N Y 22,000 N 14,500 11,000 Y Y 1.8k 41,000 Y 8.6k 4.5k 44,000 57,000 Y Y LEGEND: C=Coupe, R=Roadster, T=T-Top, PC=Pace Car, SA=Silver Anniversary, CE=Collector Edition, GS=Grand Sport, AN=Anniversary, CW=Callaway, Z06 and ZR1=High Performance, PE=Premier Edition, CM=Commemorative Edition MILEAGE: K=1,000 miles CERTIFICATION: B=Bloomington Gold, N=NCRS, T=Triple Crown CONDITION: 1=Excellent, 2=Good, 3=Street Drive, 4=Poor, needs paint, body and/or interior work, U=Unrestored Carlisle Auctions Spring 2015 Lot # Year Body Motor Trans Cond Color Cert A/C Miles 2-top OpWhl SidEx F379.2 1961 R 283/270 4 Red/Wht T195 1962 R 327ci 4 Red x F382 1962 R 327ci 4 White F380 1962 R 4 Burgundy F379 1964 R 327ci 4 White x F373 1966 C 472/390 4 Silver T208 1969 R 350/325 A Black F378.1 1969 C 427/435 4 Gold 27k T200.1 1971 R 350/330 4 White 22k x F348 1971 T 350/270 A Black x 25k x F359 1973 R 350ci A White 87k F429 1974 R 350ci A Bronze N x 15k T201 1976 C 350ci A Orange T163 1977 C 350ci A Beige T255 1978 C 350ci A PaceCar x 4.5k T198.1 1978 T 350ci 3 PaceCar x 55 T243 1979 350ci A White T221 1981 T 350ci A White x 30k T110 1985 C 5.7L A Red T145 1986 R 5.7L A Yellow 35k T224.1 1988 R 5.7L A White 7.4k F351 1990 C ZR1 6 Black 100 F410 1992 R 5.7L A Blue 14k T123 1993 C 5.7L 6 Maroon T136 1994 C 5.7L A Red 55k F329 1998 5.7L A Red T165 2000 C 6 Silver 43k F407 2002 C 5.7L 6 Black 54k T180 2003 R 5.7L 6 Yellow 39k F338 2004 R 5.7L 6 Blue F390 2007 R 5.7L A Black T179 2011 R LS3/6.2L 6 Red 10k Price 57,000 47,000 Sold N N N N Y N N N Y N 10,000 Y 8,300 9,000 N Y Y N 29,750 Y N 9,100 4,400 Y Y 13,500 13,000 34,500 Y Y Y N N 7,250 14,250 LEGEND: C=Coupe, R=Roadster, T=T-Top, PC=Pace Car, SA=Silver Anniversary, CE=Collector Edition, GS=Grand Sport, AN=Anniversary, CW=Callaway, Z06 and ZR1=High Performance, PE=Premier Edition, CM=Commemorative Edition MILEAGE: K=1,000 miles CERTIFICATION: B=Bloomington Gold, N=NCRS, T=Triple Crown CONDITION: 1=Excellent, 2=Good, 3=Street Drive, 4=Poor, needs paint, body and/or interior work, U=Unrestored Y N Y N N N N N Auction Preview Cars This is an expanded preview of the HUGE 2000 car, Mecum Indy Auction. We expect 200 Corvettes! 1978 Pace Car L82, 4121 Miles 1994 Corvette Limousine, seats 6 1958 Convertible 283/290 HP 1987 Corvette Escort Series Race Car Driven by Mitch Wright & Shawn Hendricks 2006 Pre-Production Z06, Press Car Auctions America, Auburn IN, May 8 1969 Convertible 427/435 HP 4 spd (Photos not available) 1964 Corvette “Grand Sport” Sebring 1988 Corvette Challenge Race Car As-Raced Condition, 3,062 Miles 1958 Corvette 1961 Corvette, Fuel Injected 1962 Corvette, Fuel Injected th 2003 50 Convertible, 3 miles. 1988 Callaway 35th Anniversary Bloomington Benchmark, 430 Miles 1964 Convertible The Mike Yager ‘MY Garage Collection’ 1990, 1 of 23 R9G racing option. Bloomington Benchmark, 115 miles 1969 427/390 Convertible Custom: Deathrace 2000 1993 Corvette Dieline Race Car. Built by Doug Rippie, Driven by Bill Cooper Off topic 1957 Barn Find, Trailer Included 1994 Corvette Brickyard. 1 of 25 Built, Well Documented 2008 Custom Dodge Challenger. Over $150K invested GTLM Corvettes Suffer Laguna Seca Disppointment by Rick Tavel Laguna Seca wasn't kind to Corvette Racing this year. (Photo: Richard Prince) Following the worst finish this season in the Tudor USCC series the #3 C7.R drivers, Magnussen and Garcia, hold on to a diminishing 2 point lead in the standings. Corvetted - GM Team Chevy – IMSA - May 4, 2015 Though Corvette Daytona Prototypes took four of the top five positions in their class inSunday’s Tudor United Sports Car Championship at Mazda Raceway Laguna Seca, things did not go so well for the GTLM Corvettes fielded by Corvette Racing. Corvette Racing’s two Chevrolet Corvette C7.Rs finished sixth and seventh in the Tudor United Sports Car Championship’s fourth race of the season. Lucas Luhr and John Edwards teamed to give the No. 24 IHG Rewards Club BMW Z4 GTLM its first TUDOR Championship victory and the IHG team their second consecutive win. Long Beach winners Dirk Werner and Bill Auberlen placed second in the No. 25 IHG Rewards Club BMW Z4, with Edwards leading Auberlen to the checkered by 22.572 seconds. The standings leading GTLM team had hoped to add the third win of the season and their eighth Laguna Seca victory since 2000. Oliver Gavin and Tommy Milner in the No. 4 Corvette posted their best finish since a third-place result to start 2015 at Daytona. Milner qualified fifth but was blocked at the start and had to cede two positions. Gavin drove the final 57 minutes and suffered a minor hit by a Prototype Challenge car but otherwise had an uneventful stint. The #3 C7.R team saw their points lead cut to only 2 after their seventh place finish at Laguna Seca (Photo: Jan Magnussen FB) Two-time and defending Laguna Seca class winners and leaders in the drivers’ point standing, Antonio Garcia and Jan Magnussen found frustration early and often in their race. Garcia started near the rear of the field after an overnight engine change but quickly moved through the slower GT Daytona field. Unfortunately he suffered right-front body damage as two prototypes worked their way through in a battle for the overall lead. This is the second loss in a row for the GTLM Corvette Racing Team following victories in the two opening events, both endurance events, at Daytona and Sebring. IMSA imposed Balance of Performance adjustments prior to the Long Beach race that was highly beneficial to the BMW Team and detrimental to the Corvette Team. Since those adjustments went into effect the BMW Team won both Long Beach and Laguna Seca. while the best the Corvettes could muster was a thrid at Long Beach. In addition to the beneficial adjustments given to the BMW, Ferrari and Porsche teams, perhaps the adjustment that will hurt the Corvette team the most and have the biggest impact on the season will show up in the two remaining endurance events at Watkins Glen and Atlanta. All cars except the Corvette were allowed to increase their fuel capacity while the Corvette Team was required to reduce their fuel capacity by 3L. Unfortunately it appears that IMSA cannot help but orchestrate the outcome of the chamionship. After winning four consecutive races last year the Tudor USCC sanctioning body, IMSA, imposed adjustments to the Corvette Racing Team this is the same type of penalizing adjustments to the Corvette team that virtually stole the 2015 GTLM Championship from the Corvette team. Magnussen and Garcia still have managed to hold on to the top position in the standings but their lead has been cut to only 2 points following Laguna Seca’s off-podium finish. CORVETTE RACING GTLM QUOTES OLIVER GAVIN, NO. 4 CHEVROLET CORVETTE C7.R – FINISHED SIXTH: “It was a tough day in the office today. Tommy got balked at the start by the Ferrari. It seemed that we could get up to the back of our competitors but trying to pass people was very hard. Just the way the pit stops turned out, it was me getting in for the last hour of the race. We had a glitch getting me in the car. I had a bit of a race with Jan coming into the Corkscrew. We’ve raced each other for years and know each other very well. I thought our car was quicker at the time, so I was able to get by and pull out a gap. They had damage too. Then it was a case of reeling off the laps and staying out of trouble. Some of the driving by some of the other drivers in other classes was very creative. Clearly some people haven’t gotten very much experience in the cars they are driving or at this track. With our competition seemingly having a performance advantage over us, it feels like we’re sort of driving with one arm tied behind our backs. Hopefully by the time we come back after Le Mans, there will be a tighter rules package that will make for good, strong competition." TOMMY MILNER, NO. 4 CHEVROLET CORVETTE C7.R – FINISHED SIXTH: "Right at the start, the Ferrari… I don't know what he did, but he went and then he stopped. We can't pass before the start/finish so we got kind of messed up there. I think I lost one or two spots. Not too bad and just a little frustrating. From there just running our race. Certainly we were not as quick at the BMWs for sure, and the Porsches and Ferraris are fast enough we can't really on pace compete with them. I had some good battles with the Falken Porsche and one of the factory Porsches there. For as bad as the traffic was, it was just holding on, keeping the nose clean and giving Olly a car he could race with." ANTONIO GARCIA, NO. 3 CHEVROLET CORVETTE C7.R – FINISHED SEVENTH: "It was tough today. Starting from the rear was unfortunate but necessary. Our Corvette felt well-balanced and relatively fast early as I moved up through the GTD cars. Then I had damage when one of the prototypes slowed in front of me, and that was pretty much our day. The balance and handling of the car suffered. It is tough to pass here without damage but with it, passing is nearly impossible. It was frustrating for sure for both Jan and I because we couldn't fight with other cars in our class. We definitely lost out on a couple of positions. But now we have to regroup and focus on Le Mans." JAN MAGNUSSEN, NO. 3 CHEVROLET CORVETTE C7.R – FINISHED SEVENTH: "Antonio had a fantastic start and got through the GTD cars. Unfortunately he got caught up in the DP lead battle and had a little bit of damage on the front. It really deteriorated the handling of the car and made it compromised. So when I got in the car, I was just trying to hold on to it. It was a handful. It is hard to give any good feedback to the engineers with the setup so compromised from the damage. We salvaged a few points. We now have a break from IMSA as we test and head to the biggest race of the year in Le Mans. Hopefully we can come back from France and resume the battle for the championship." Corvette Racings GTLM team next heads across the Atlantic Ocean to the 24 Hours of Le Mans on June 13-14 while the Corvette Daytona Prototypes head to the Chevrolet Sports Car Classic from Belle Isle Raceway in Detroit on Saturday, May 30. Sources: GM Team Chevy Sportscar365 IMSA Courtesy, Car and Driver For 2016, Chevrolet is helping design-challenged Corvette Stingray and Z06 buyers choose cool, coordinated interior and exterior colors with three new design packages: Spice Red, Jet Black Suede, and Twilight Blue. Red, white, and blue might’ve been more patriotic, but we think red, black, and blue definitely look better. For the Stingray, all three also include a rear spoiler and require ordering a 3LT model as well as Magnetic Ride Control (which no longer requires the Z51 package, although this bundle is compatible); Z06 versions are available for the 3LZ trim level. Both coupes and convertibles can be thus outfitted. From there, the breakdowns are as follows: Spice Red Design Package This has nothing to do with awful tween fiction. Instead, you get a dark blue interior and a blue top (on convertibles), as well as your choice of Night Race Blue, Arctic White, Shark Gray, or Blade Silver paint. The wheel fitments for the Stingray and Z06 models are the same as with the Spice Red cars, and buyers get their choice of gray or black brake calipers. The vents on every car—there are many more on the Z06, obviously—are rendered in Shark Gray, while Stingrays get chrome badging. A red, white, and blue tri-color stripe package is optional. The design packages are coming online as part of a host of equipment changes visited upon the C7 for 2016, which includes the wicked C7.R Edition Z06 Jeff Gordon to Drive Corvette Z06 Indy 500 Pace Car Five-time Brickyard winner will lead pack for 99th running of the Indianapolis 500 This one combines a Spice Red interior and (on convertibles) a matching red top, and it also has red brake calipers. Arctic White, Blade Silver, Shark Gray, and new Long Beach Red Metallic Tintcoat (dark red) are the available exterior paints. Stingray versions get polished “Motorsport” wheels, while the Z06 gets a pearl-nickel-finish “Blade” wheel and chrome exterior badges. Jet Black Suede Design Package The JBSD features black sueded microfiber upholstery and sueded microfiber on the steering wheel and shift knob. Convertibles get a black top. Can be ordered in the following exterior colors: Black (naturally), Arctic White, Blade Silver, and Torch Red. Includes black wheels with a red stripe as well as red brake calipers. Additionally, the hood vent is done in satin black, and a glossy black trim panel is fitted to the interior. Stingray models also get “Carbon Flash” badging. Twilight Blue Design Package INDIANAPOLIS – Five-time Brickyard 400 winner and four-time NASCAR Sprint Cup champion Jeff Gordon will drive a Corvette Z06 pace car for the 99th running of the Indianapolis 500 mile race, May 24 at the Indianapolis Motor Speedway. It is the 13th time a Corvette has served as the official pace car, dating to 1978, and the 26th time a Chevrolet has led the pack for “The Greatest Spectacle in Racing.” Corvette has served as the pace car more than any other vehicle in the race’s history. Gordon, who grew up in nearby Pittsboro, Ind., is no stranger to the Indianapolis Motor Speedway. In 1994 he won the inaugural Brickyard 400 – the first-ever NASCAR race at the Brickyard, and has visited the winner’s circle there four more times. That makes him one of only two five-time winners at Indy in any series. Michael Schumacher won five Formula One races there. “It’s great to have Jeff Gordon serve as this year’s pace car driver,” said Jim Campbell, Chevrolet U.S. vice president of performance vehicles and motorsports. “He is a true champion who has earned the respect and admiration of competitors and race fans alike. It will be very special to have Jeff lead the Indy 500 field to the green flag, behind the wheel of the most powerful and capable production car ever from Chevrolet – on a day he’ll also be competing in the Coca Cola 600 NASCAR race at Charlotte Motor Speedway.” With 650 supercharged horsepower, a seven-speed manual transmission and a track-capable chassis system, Gordon will have no trouble keeping in front of the race field in the production-spec Corvette Z06. Featuring an Arctic White exterior and Adrenaline Red interior, only its unique Indy graphics package and safety strobe lights distinguish it from other production models. “Indy is hallowed ground for racers like me and I couldn’t be more thrilled to drive the Corvette Z06 pace car around the track that helped drive my success over the years,” Gordon said. ”The Indianapolis 500 is one of the most celebrated races of the year and an event I always dreamed of racing while growing up in California and in nearby Pittsboro. I’ve won five NASCAR races at IMS and the track will always be a special place for me, so to be able to participate in such a historic day will be something I remember for the rest of my life.” Like Gordon, Chevrolet has a long, shared heritage with the Indianapolis Motor Speedway. Chevrolet was founded in 1911, the year of the inaugural 500-mile race, and the Chevrolet brothers – company co-founder Louis, Arthur and Gaston – all competed in early Indy 500 races. Arthur Chevrolet competed in the 1911 race and Gaston Chevrolet won it in 1920. “Jeff is a great choice to lead this year’s starting 33 drivers in Indianapolis 500 to the green flag,” said J. Douglas Boles, president of the Indianapolis Motor Speedway. “Jeff has such a strong connection to the state of Indiana and the Indianapolis Motor Speedway and his appearance in the Corvette Z06 pace car reinforces Chevrolet’s important place in the past, present and future of the Indianapolis 500 as well. We also look forward to seeing him back here on July 26, to see if he can make it six wins for the Crown Royal 400 at the Brickyard.” “Jeff Gordon is a NASCAR legend, an icon of global motorsports and has a special history of success racing at The Brickyard in Indianapolis and the Coca-Cola 600 in Charlotte,” said Brian France, NASCAR chairman and CEO. “This is a unique honor for him to be recognized in this way by our partners at Chevrolet and Indianapolis Motor Speedway. The day certainly will be another special one in the storied history that Jeff already has written at Indianapolis and Charlotte.” About the Corvette Z06 The Z06 rejoined the Corvette lineup for 2015 as the most capable model in the iconic car’s 62-year history. It stretches the performance envelope for Corvette with unprecedented levels of aerodynamic downforce – and it is the first Corvette Z06 to offer a supercharged engine, an eight-speed paddle-shift automatic transmission and, thanks to a stronger aluminum frame, a removable roof panel. The new LT4 supercharged 6.2L V-8 engine is SAEcertified at 650 horsepower (485 kW) at 6,400 rpm and 650 lb-ft of torque (881 Nm) at 3,600 rpm – making the 2015 Corvette Z06 the most powerful production car ever from General Motors and one of the most powerful production cars available in the United States. With the available Z07 package, its capability enables: 0-60 mph acceleration in 2.95 seconds with the eightspeed automatic and 3.2 seconds with the seven-speed manual transmission Quarter-mile times of 10.95 seconds at 127 mph with the eight-speed and 11.2 seconds at 127 mph with the seven-speed transmission Lateral acceleration of 1.2 g 60-0 mph braking in only 99.6 feet – the best of any production car tested by General Motors. The Z07 package adds adjustable front and rear aero components for unprecedented aerodynamic downforce, Michelin Pilot Super Sport Cup tires for enhanced grip, and Brembo carbon ceramic-matrix brake rotors that improve braking performance and contribute to greater handling through reduced un-sprung weight. The Z06 also offers an all-new, industry-leading Performance Data Recorder that enables users to record high-definition video, with telemetry overlays, of their driving experiences on and off the track. Race fans can follow Jeff Gordon and his Corvette Z06 Pace Car experience on Twitter at #JGPace2Race. FAST FACT: The first Chevrolet Indianapolis 500 pace car was a 1948 Fleetmaster Six convertible, driven by three-time Indy 500 winner Wilbur Shaw, who also Expect close racing in the Daytona Prototype class at Laguna Seca on Sunday (Photo: forzamotorsport) Monterey circuit has been good to Corvette power since 2012 debut Team Chevy Release – Corvetted – April 30, 2015 DETROIT (April 28, 2015) – Off first- and third-place finishes at Long Beach, Chevrolet’s Corvette Daytona Prototype program heads up the California coast to Mazda Raceway Laguna Seca and the fourth round of the TUDOR United SportsCar Championship. The Continental Tire Monterey Grand Prix is the first two-hour, 40-minute race for TUDOR Championship cars and is a return to four-class racing for the first time since March. Corvette DPs have found success at the 2.238-mile, 11-turn circuit that sits just off the Monterey Peninsula. Since its first race at Laguna Seca in 2012, the Corvette DP has won twice – VisitFlorida.com Racing in 2012 and Wayne Taylor Racing in 2013 as part of the GRAND-AM Rolex Sports Car Series. Richard Westbrook was part of the winning lineup in 2012 and is back in the No. 90 VisitFlorida.com Corvette DP alongside Michael Valiante. Westbrook was the pole winner in 2012 (he also set the fastest race lap) and 2013. The latter year saw Jordan Taylor and Max Angelelli win for Wayne Taylor Racing. Wayne Taylor Racing will be looking to make Laguna Seca their second win for 2015 (Photo:mazdaraceway.com) Taylor and brother Ricky are coming off a victory at Long Beach, the first at the circuit for the Corvette DP. VisitFlorida.com Racing’s No. 90 Corvette DP and Wayne Taylor Racing’s No. 10 Konica Minolta entry are two of the four Corvette DPs entered for this weekend’s race at Laguna Seca. TUDOR Championship Prototype leaders Joao Barbosa and Christian Fittipaldi will team again in Action Express Racing’s No. 5 Mustang Sampling Corvette DP. In Action Express Racing’s No. 31 Whelen Engineering/Team Fox Corvette DP, Eric Curran and Dane Cameron will share duties. “Laguna Seca is one of the more challenging tracks we visit in the TUDOR Championship,” said Jim Lutz, Chevrolet Program Manager for Corvette Daytona Prototypes. “The temperature fluctuation, cloud cover, and sand and tire rubber on the track can make finding grip difficult. It requires a stable car with good handling and braking. Typically the lighter P2 cars have had an advantage but our Corvette DPs have improved in the areas where we needed to make gains. It should be a competitive event and another good points for Team Chevy.” For the 2015 TUDOR Championship, all Corvette DP cars are running with updated Chevrolet bodywork that reflects the Corvette C7 production line. The frontal area sees a striking change in design from the previous generation Corvette DP, including updates to the hood surface, headlights and radiator inlet area. The rear window area also has been updated. The Corvette DP will take styling cues from the C7 including the rear taillights. At the heart of the Corvette Daytona Prototype is a purposebuilt 5.5-liter Chevrolet LS9 V-8 engine developed by ECR Engines. The peak output is 560 hp as the power is regulated by a pair of sonic air restrictors that are mandated by the International Motor Sports Association (IMSA) – the sanctioning body of the TUDOR Championship. The Corvette DP also features a new engine management system from Bosch Motorsport for 2015 and a continuation of a six-speed sequential gearbox with paddle-shift. The brakes feature six-piston calipers with carbon rotors. Without the driver, the Corvette DP weighs 2,285 pounds. Expect the #5 Action Express Corvette to battle for their second win of the season (Photo: 6speedonline) The Continental Tire Monterey Grand Prix, the fourth race of the TUDOR United SportsCar Championship, is set for 1:05 p.m. PT on Sunday, May 3, from Mazda Raceway Laguna Seca. Live TV coverage begins at 1 p.m. ET on FOX Sports 1. ET. Flag-to-flag radio coverage also will be available via IMSA Radio. CORVETTE DAYTONA PROTOTYPE QUOTES CHRISTIAN FITTIPALDI, ACTION EXPRESS RACING NO. 5 MUSTANG SAMPLING CORVETTE DP: “It’s always great to lead the points. We will try our very best to leave Laguna with the points lead. Long Beach wasn’t the weekend we expected, so we are planning to turn things around for Monterey. Passing is very difficult in Laguna. With all the different classes you might see more overtaking, primarily when you get a guy caught behind lapped traffic. Our car was good last year, but João had contact with another car toward the end of the race and that really hurt our chances.” JORDAN TAYLOR, WAYNE TAYLOR RACING NO. 10 KONICA MINOLTA CORVETTE DP: “It’s nice to head to Laguna after our win at Long Beach. We’ve had strong runs at Laguna the past two years with a win and a second, so we have good history there. We know our car this year has the pace to compete for poles and wins. Last year, we struggled a little with outright pace, and that made the sprint races a little tougher. It’ll be a little bit of a longer race than Long Beach – more pit stops and more strategy – but, thankfully, we have the best guys for that.” DANE CAMERON, ACTION EXPRESS RACING NO. 31 WHELEN ENGINGEERING/TEAM FOX CORVETTE DP: “Laguna Seca has always been a home event for me. Growing up in Northern California it was always the race at the end of the season I got to attend with my dad. It’s still great to go back because you get to see a lot of the people you grew up karting with and friends you went to school with. This year I’m bringing my wife and kids out to be part of the event, so it’s really exciting. The track itself is tricky. It’s a high-speed track but lacks a lot of grip because you have all the sand that gets kicked up on the racing surface. Turn 6 can be tough. It’s a high-speed corner and blind, and it also sets you up for the Corkscrew, which is legendary. Overtaking can be difficult, and with more cars this year there will be a bigger premium on track position.” RICHARD WESTBROOK, VISITFLORIDA.COM NO. 90 CORVETTE DP: “Racing at Laguna Seca is great. The track has a rich history in all forms of racing, so it’s great to be able to compete there in our VISITFLORIDA.COM Chevrolet Corvette DP. You have a lot of passing opportunities which is great, but it also means that you have opportunities to be passed, or sometimes people think they can get position on you and pass, but they really can’t. You have to stay alert, take advantage of opportunities to pass when they present themselves, and push the car hard for two hours and forty minutes.” Continental Tire Monterey Grand Prix – Prototype Schedule (all times PT) · TUDOR Practice 1: 11:30 a.m., Friday, May 1 · TUDOR Practice 2: 3:30 p.m., Friday, May 1 · TUDOR Practice 3: 10:50 a.m., Saturday, May 2 · TUDOR Prototype Qualifying: 5:30 p.m., Saturday, May 2 · TUDOR Warmup: 8:35 a.m., Sunday, May 3 · Race: 1:05 p.m., Sunday, May 3 (FOX Sports 1) Aerial view of Mazda Raceway - Laguna Seca - Considered one of the top 15 race tracks in the world (Photo: courtesy of Motor Trend via dedeporsche.com) Source: Team Chevy GM Media (Photo: GM Media) Here is a complete list of content and unique features for the 2016 Corvette Z06 C7.R Edition: Offered on coupe and convertible models with 3LZ trim Available in Corvette Racing Yellow Tintcoat (new for 2016) or Black exterior colors R Edition graphics package Z07 Performance Package with Brembo carbon ceramic brakes and Michelin PS Cup 2 tires Yellow brake calipers Black wheels with yellow accent strip and Corvette Racing-logo center caps Visible carbon fiber ground effects package New visible carbon fiber hood section Grilles and vents finished in Spectra Gray Metallic Jet Black leather interior with sueded microfiber accents on the instrument panel and doors Sueded microfiber-trimmed Competition Sport Seat, steering wheel and shifter Yellow contrast stitching throughout the interior Carbon fiber interior trim package (high-gloss) Corvette Racing sill plates