First 2014 Chevrolet Corvette Stingray sells for $ 1.1m

The first 2014 Chevrolet Corvette Stingray fetched $1.1m at the Barrett Jackson auction.

The car was bought by Rick Hendrik, owner of the largest Chevrolet dealer in the U.S. The C7 Corvette will have a Vin ending in #0001. All the money will go to the College for Creative Studies.

The car is already creating more hype than the SRT Viper revealed last year. The first Viper just fetched $300,000 at the auction last year. One would have thought the Viper would be the more popular one, since it came back to production after a two-year exodus. However Chevrolet’s clever marketing and launch at the Detroit Auto Show has shot the C7’s popularity sky high.

Watch the video clip of the Barret Jackson auction of the Chevrolet Corvette C7