First Retail 2015 Chevrolet Corvette Z06 Convertible Goes for $800,000 at Auction

DETROIT, Mich., Jan. 23, 2015 /PRNewswire-USNewswire/ -- At the Barrett-Jackson auction on January 16, 2015, in Scottsdale, Arizona, Chevrolet dealer and NASCAR team owner Rick Hendrick paid $800,000 for the first new retail production Chevy Corvette Z06 Convertible.  The black and white Z06 droptop was donated to the auction by General Motors LLC, and 100% of the sale price will go to support the work of United Way for Southeastern Michigan. A second car, a 2015 Cadillac CTS-V sedan, also donated by General Motors, brought $170,000, which will go to Detroit's College for Creative Studies.

United Way President and CEO, Michael J. Brennan, thanked General Motors and its president, Dan Ammann, for a commitment to Detroit and its surrounding communities. "Thanks to General Motors and the generous supporters of the Barrett-Jackson auction, United Way will use these funds to advance its work in the interconnected areas of basic needs, such as food and shelter, education and financial stability for individuals and families in need throughout the region."

General Motors President Ammann thanked auction winner Rick Hendrick for his ongoing and generous support of the various charities selected for financial assistance from General Motors, including United Way for Southeastern Michigan.  "We are grateful to Rick and so many others who support our fundraising efforts.  They are helping us make a real difference in the lives of so many people," said Ammann.

Hendrick Automotive Group Chairman and Hendrick Motorsports owner Rick Hendrick is an avid Corvette collector and preservationist.  With his purchase this month of the first Corvette Z06 Convertible, Hendrick added to an automobile collection that includes the first 2014 Corvette Stingray Coupe, for which he paid $1.05 Million in 2013; the first 2014 Corvette Stingray Convertible, for which he paid $1 Million; and the first 2015 Corvette Z06 Coupe, for which he paid $1 Million last year at a Barrett-Jackson auction in Palm Beach, Florida.  The real winners at these auctions, though, have been the General Motors-supported charities that have received 100% of the auction prices on all four cars, for a total of $3.85 Million on these Hendrick-purchased Corvettes. 

For information about the auctions, visit http://www.barrett-jackson.com.       

About United Way for Southeastern Michigan

United Way for Southeastern Michigan mobilizes the caring power of Wayne, Oakland and Macomb counties to improve lives in measurable and lasting ways throughout the region. The organization is led by a diverse group of volunteers from business, labor, government, human services, education and the community. United Way provides opportunities to invest in the metropolitan Detroit community through its annual campaign and is a leader in convening partners to impact local residents each year by increasing economic self-sufficiency, protecting children and youth at risk, strengthening families, empowering neighborhoods and communities, and promoting health and wellness. Additional information is available at www.LiveUnitedSEM.org

SOURCE United Way for Southeastern Michigan

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