1969 Corvette ZL-1 Auctions For $3.14 Million

⚡️ Read the full article on Motorious

It’s the third-highest price publicly paid for a Corvette ever…

On January 26 at the RM Sotheby’s Arizona event, a rare 1969 Chevy Corvette ZL-1 auctioned for a whopping $3.14 million, making it the third-most expensive Corvette sold in public ever. The classic American sports car was in the spotlight before the auction even began, thanks to its impressive presentation, rarity, and the fact it’s considered a thing of myth among the Corvette faithful.

Find out what injuries Jay Leno recently sustained in a motorcycle accident here.

Few opted for the RPO ZL-1 option in 1969 since it made a Corvette over twice as expensive, a steep price even for dedicated enthusiasts. However, the tradeoff was a hard-hitting V8 derived from the CanAm racing engine, only the L88 was street legal but with a potent 560-horsepower. According to GM records, just two of these cars were assembled at the St. Louis plant and delivered to customers, but this is the only convertible.

The story is the original owner, racer John W. Maher or Leechburg, Pennsylvania, had to pull some strings to even get the car. While the FIA/NHRA homologation was technically offered to the public, GM wasn’t keen on actually turning any over to enthusiasts.