Chevrolet Corvette Auction Raises $2.325 Million For Military Veterans

Chevrolet Corvette auction

Chevrolet Corvette auction

A huge portion of the General Motors family consists of veterans. In fact, more than 6,000 military vets are current employed by GM, with over 50,000 retirees also being veterans. It should come as no surprise, then, that Chevrolet recently did its part in giving back to military veterans at a Chevrolet Corvette auction. Taking place at Barrett-Jackson, the auction raised over $2.325 million to benefit U.S. military veterans.

Proceeds from the first auction will be going to the Bush Center’s Military Service Initiative. The organization’s top priority is to assist post-9/11 military veterans and their families through the process of transitioning back to civilian life. It also provides vets with resources for finding steady employment and overcoming unseen obstacles, such as PTSD. The second auction will benefit wounded veterans through the Steven Siller Tunnel to Towers Foundation’s America’s Bravest Program.

The Chevrolet Corvette auction included two different unique models. The first was a Corvette Carbon 65 Edition that had been signed by President George W. Bush himself; it was purchased by John Staluppi of Atlantic Automotive Group for $1.4 million. Meanwhile, the second model was a Corvette ZR1, touted by Chevy as the fastest and most powerful production model ever built by the brand. It sold for $925,000 to Rick Hendrick, the owner of Henrick Automotive Group and NASCAR Cup Series winner Hendrick Motorsports.

In the market for a new Corvette of your own? Visit us at Hanner Chevrolet and we’ll set you up with a test drive.

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