Some of your jaws may have dropped when we announced the 2025 Chevrolet Corvette ZR1’s monstrous 1,064 horsepower and 828 lb-ft of torque, sourced from its twin-turbocharged 5.5-liter LT7 V8; and perhaps your mandible continued to scrape floorboard when we announced its $174,995 starting price. If that’s the case, clench your jaw or tape it down as needed for this bit of news, as the first 2025 ZR1 sold for $3.7 million at auction.

The first retail production model of the quickest, fastest and most powerful factory Corvette ever rolled onto the block at the world-renowned Barrett-Jackson Scottsdale auction, with the bid landing and the hammer dropping on a cool $3.7 million.

First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 3
First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 2
First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 4
First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 5
First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 3First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 2First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 4First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity 5

As is typically the case with this sort of auto bidding, VIN 001 was auctioned off for charity, with 100 percent of the proceeds going to the American Red Cross, working to aid those impacted by natural disasters, including hurricanes Helene and Milton. VIN 001 is now tied for highest bid on a Barrett-Jackson charity vehicle, matching none other than the first retail 2023 Corvette Z06 70th Anniversary Edition.

“The 1064 hp Corvette ZR1 is the pinnacle of American engineering,” said Scott Bell, vice president of 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.”

First 2025 Chevrolet Corvette ZR1 Sold; Raised $3.7 Million for Charity

You’d think a ‘vette finished in red, or perhaps accented by red stripes, would be the candidate for a Red Cross charity auction. Alas, Chevrolet coated VIN 001 in a downright menacing gloss black finish, complemented by blue stripes running topside. While the paint does camouflage some of the extensive aero work and carbon fiber pieces, it’s hard to miss the coupe’s massive wing and wheels.

VIN 001 may be off the table, but there should be plenty more on the way from GM’s Bowling Green Assembly plant in Kentucky, with examples set to arrive during the second quarter of this year.