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Rick Hendrick Pays $3 Million Instead of $59,995 for the First C8 Corvette

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Barrett-Jackson Scottsdale Auction sets the record with the auction of the first production 2020 Chevrolet C8 Corvette Stingray Coupe fetching $3 Million USD.
Rick Hendrick purchases Chevrolet Corvette C8 VIN 001 Barrett Jackson Auction 2020
A Black Chevrolet C8 Corvette is what Hendrick will eventually receive. Credit: Barrett-Jackson

Over the years the Barrett-Jackson Scottsdale Auction has become a destination for buyers seeking to own a first production vehicle. The yearly auction has a tradition of offering first editions of new performance cars for charity. On Saturday January 18, at the 49th annual event, the rights to own the first-ever retail 2020 Chevrolet C8 Corvette Stingray Coupe VIN #0001 (Lot #3007), donated by General Motors (GM), went up for grabs.

GM CEO, Marry Barra, welcomed a packed house as bidders vied for the chance to own the black-on-black C8 Corvette loaded with every available option. The Red version of the car at auction was just a placeholder for the black one (VIN #001) that was being bid on, with the first offer starting strong at $200,000 USD. The final price hammered in at $3 million and the money raised given to the Detroit Children’s Fund (DCF) – a non-profit that supports Detroit’s schools.

2020 Chevrolet C8 Corvette Stingray Coupe Interior
Interior spec render of a Chevrolet C8 Corvette Stingray Coupe. Credit: General Motors

“Reaction to the mid-engine Corvette was incredible,” said Barra, who was on the block to introduce the first production mid-engine Corvette. “It’s both humbling and exciting to harness that success and support the local community through the Detroit Children’s Fund.”

The lucky buyer was none other than Rick Hendrick, the collector and owner of NASCAR team Hendrick Motorsports, and co-owner of JR Motorsports, founder of the Hendrick Automotive Group and the Hendrick Marrow Program, who last year paid $2.5 million for a 2019 Ford GT Heritage Edition at the same auction.

“I am the number one Corvette junkie in the world,” said 70-year-old Hendrick in a press release from GM. “Thanks to Chevrolet and Barrett-Jackson, because they always pick charities that are so good and help so many people.”

Rick Hendrick with the $3 Million cheque  for the Detroit Children's fund
Rick Hendrick with the $3 Million cheque for the Detroit Children’s fund. Credit General Motors

Rick Hendrick received the keys from General Motors’ CEO, Mary Barra, at the completion of the auction. The VIN #0001 Chevrolet Corvette Hendrick will receive has the 3LT trim loaded with all available options. It will come with a black exterior, black seats with red trim, red seatbelts, GT2 seats, removable roof panel, and rear spoiler. There’s also a performance data recorder and Z51 performance package.

The 2020 C8 Corvette is markedly different to previous Corvettes with it being the first model to feature an engine behind the driver instead of under the hood. The new Corvette also recently won at the Oscars of the auto industry and was named the North American Car of the Year by a jury of automotive journalists.

The winning $3 Million bid entitles Hendrick the option of taking delivery of his new coupe at the Corvette plant in Bowling Green, Kentucky. He also gets a hosted tour at the Corvette Museum, a Letter of Authenticity, and a unique artwork.

Rick Hendrick also obtains artwork and memorabilia with the winning bid
Rick Hendrick also obtains artwork and other memorabilia with the winning bid. Credit: General Motors

“Charity vehicles are the soul of our auctions,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Supporting the community was the purpose of the first event my family helped create almost 50 years ago. Over the years, we’ve supported medical research, funded education initiatives and provided money for programs that champion our nation’s military heroes and first responders.

This year’s auction also saw a 1981 Jeep CJ7 Custom SUV (Lot #3001) sold and re-donated on the block three times for a total of $425,000 raised to benefit Make-A-Wish Foundation. Special guest 13-year-old Make-A-Wish recipient, Will Wade, fulfilled his wish by accompanying Craig Jackson on the block and hammering in the final sale of the Jeep.

1981 Jeep redonated multiple times at Barrett-Jackson Scottsdale Auction 2020
1981 Jeep re-donated multiple times at the auction. Credit: Barrett-Jackson

 “There’s not a group of people more united in the drive to eradicate sickness, improve education and support our nation’s veterans than the collector car community,” said Steve Davis, president of Barrett-Jackson. “We’re so honored to be trusted by the world’s top car companies and consignors to help carry their missions of helping others. We take our stewardship of these charity cars very seriously and we’re grateful to have played a part in raising over $7 million dollars for these extremely worthy causes during our 2020 Scottsdale Auction.”

“All children deserve great schools,” said Jack Elsey, DCF’s executive director. “The proceeds from this auction will help improve public education in Detroit and, as a result, give thousands of young Detroiters a brighter future. We cannot thank General Motors enough for their commitment to DCF and the children of Detroit.”

The 2020 Chevrolet C8 Corvette Stingray Coupe was also the most expensive charity car sold at the week-long auction.

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Luxury Cars

Lamborghini To Recall 26 Aventador SVJ’s Due To Faulty Door Locks

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Lamborghini set to recall 26 Aventador SVJ Coupes and Roadsters produced between December 2019 and January 2020 to replace a possible faulty door locking mechanism.

If you’re lucky enough to find yourself the owner of a 2020 Lamborghini Aventador SVJ Coupe or Roadster, then you may also be unlucky enough to have to hand it back to your local Lamborghini Dealer….but only for a short time to check if they need to replace a possible faulty door lock.

You May Have To Hand Back Your Lamborghini Aventador SVJ. Credit: Lamborghini
You May Have To Hand Back Your Lamborghini Aventador SVJ. Credit: Lamborghini

In a Safety Recall Report issued by the National Highway Traffic Safety Administration, Lamborghini have identified the possibility that 26 Aventador SVJ Coupes and Roadster produced between December 2019 and January 2020 may be at risk of having a faulty door locking mechanism.

 According to the report, in January 2020 during end of line quality checks Lamborghini verified a few cases of non-operative internal door handles. An internal investigation was launched to determine the root cause and results revealed there’s a 40% chance additional vehicles produced between December 2019 and January 2020 may also present with the same issue over time.

The Lamborghini Aventador SVJ Roadster First Revealed At The Geneva Motor Show. Credit: Lamborghini
The Lamborghini Aventador SVJ Roadster First Revealed At The Geneva Motor Show. Credit: Lamborghini

The defect was caused by a “non-properly trained new operator” who may not have “correctly engaged the Bowden cable pin inside the internal door handles during the manual assembly step of the components.”

The possible risk caused from this human error is that “over time the internal door handle mechanism may fail and the door cannot be unlocked from the inside, posing an entrapment risk. This failure could lead to the inability to operate the handles from inside the vehicle with a safety risk in case of emergency.”

Lamborghini did note that the outside handles operation are guaranteed by a different component and its functionality is not affected, ensuring it is still possible to open the doors normally from the outside.

Can Still Escape The Aventador SVJ Roadster If Need Be. Credit: Lamborghini
Can Still Escape The Aventador SVJ Roadster If Need Be. Credit: Lamborghini

The Lamborghini Aventador SVJ Coupe and Roadsters of concern for recall have a VIN range of ZHWUM6ZD4LLA09411 – ZHWUN6ZD1LLA09511 (not sequential) so if you’ve taken delivery of a Lamborghini between December 2019 and now it might be worth checking your VIN.

Lamborghini plans to notify all owners of affected vehicles between May 1 2020 – June 1 2020 and will instruct them to arrange an appointment with their authorized Lamborghini dealer so that the whole internal door handle can be replaced free of charge.

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Stephan Winklemann Explains the Bugatti Chiron Pur Sport in Detail

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Bugatti President Stephan Winklemann and colleagues explain the finer details of the new €3 million Bugatti Chiron Pur Sport revealed earlier this month.

Leading a presentation from Bugatti’s stately headquarters at the Château St. Jean and Bugatti Atelier in Molsheim earlier this month, President Stephen Winklemann was joined by Managing Director of Production and Logistics Christophe Piochon, Head of Development Stefan Ellrot and Deputy Design Director Frank Heyl as they elaborated on the aspects that make the Chiron Pur Sport what it is.

All the Bug’s lined up at Château St. Jean. Credit: Bugatti

Standing alongside the new Bugatti Chiron Pur Sport and Bugatti’s most recent offerings, the “Golden Era inspired” La Voiture Noir, the EB110 inspired Centodieci and the record breaking Chiron Super Sport 300+, Stephan Winklemann introduced the Bugatti Chiron Pur Sport.

Bugatti President Stephan Winklemann at the Bugatti Atelier. Credit: Bugatti
Bugatti President Stephan Winklemann at the Bugatti Atelier. Credit: Bugatti

Speaking on the overall design, Stephan referenced the immediate visual points of difference from the original Chiron, beginning with the large rear wing and massive rear diffuser before moving onto the larger air intakes at the front of the car that help to improve aerodynamics and increase downforce.

The New Bugatti Chiron Pur Sport. Credit: Bugatti
The New Bugatti Chiron Pur Sport. Credit: Bugatti

Focusing on the wheel design, Stephan noted the wheels have “negative camber of 2.5 degrees” (meaning the bottom of the specially designed tyres sit further out than at the top), with springs 60% stiffer compared to the Chiron and gear ratio shortened by 18%, which improves the elasticity of the car by 40%. This combined with an overall weight reduction and a weight to power ratio of 1:1.8 means the Chiron Pur Sport is capable of hitting 0-62mph in 2.3 seconds.

Bugatti Head of Development Stephan Ellrot discussing technicals. Credit: Bugatti
Bugatti Head of Development Stephan Ellrot discussing technicals. Credit: Bugatti

Commenting on the technical aspects of the Chiron Pur Sport, Bugatti’s Head of Development Stefan Ellrot drew attention to the fact that “the W16 engine has been increased maximum revs 200rpm leading to 6900rpm (in total), which fits together with the gearbox with the shortened gear ratios and all 7 gears, optimizing acceleration but more importantly, increasing the elasticity up to 40-45% which you can feel immediately when driving the car.”

Frank Heyl - Bugatti Deputy Design Director. Credit: Bugatti
Frank Heyl – Bugatti Deputy Design Director. Credit: Bugatti

Reflecting on the finer aesthetic details of the Bugatti Chiron Pur Sport, Deputy Design Director Frank Heyl was quick to again emphasize “form follows performance”, noting that the front air takes of the Pur Sport have been increased and the horseshoe design enlarged significantly to make it look more aggressive while assisting aerodynamics and being careful not to detract from the overall performance.

At the rear of the car, the unmissable 1.9 meter rear wing has been designed to help counterbalance the increased downforce created by the front of the car and visually speaking, a new horizontal split has been introduced that acts to reduce the visual height of the car, making it appear lower to the ground and more streamlined.

Production of the 60 limited edition Bugatti Chiron Pur Sport’s is expected to begin second half of 2020 with prices starting at €3 million excluding VAT.

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New Rolls-Royce Roadster: The Dawn Silver Bullet Collection

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Rolls-Royce embodies the spirit of the roaring twenties by introducing its first Collection Car of the new decade, the Dawn Silver Bullet Collection.
Rolls Royce Dawn Silver Bullet Collection side profile sketch
A profile sketch of the Dawn Silver Bullet Collection. Credit: Rolls-Royce Motor Cars
  • New Rolls-Royce open-top roadster
  • Limited to 50 examples
  • An ode to the 1920’s

The 1920’s are frequently referred to as the “Roaring Twenties” while in Europe they’re sometimes referred to as the “Golden Age” because of the economic boom following World War I. In France you may hear the period referred to as the “Crazy Years”.

The Roaring Twenties were a period in history of dramatic social and political change. For the first time ever, more Americans lived in cities than on farms.Some countries saw the rise of radical political movements while others had a social, artistic, and cultural explosion.

America, for one, tried to assert some control over the unruly immigrant masses who crowded the nation’s cities with the Prohibition. This was a nationwide constitutional ban on the production, importation, transportation, and sale of alcoholic beverages from 1920 to 1933

Rolls Royce Dawn Silver Bullet Collection top view sketch
Only 50 examples of the Dawn Silver Bullet Collection will be made. Credit: Rolls-Royce Motor Cars

America’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent “consumer society.” Americans had extra money to spend and they spent it on consumer goods, with the most important consumer product of the 1920s being the automobile, as cars gave young people the freedom to go where they pleased and do what they wanted.

With the 1920’s ending, many were left with a prosperity hangover. In September and October 1929 the London Stock Exchange and Wall Street Crash occurred, marking the beginnings of the Great Depression.

100 years on from the beginning of the crazy years, 2020 finds Rolls-Royce attempting to capture the carefree attitude of those far-off days in a bold, contemporary car designed for today’s non-conformists and pleasure-seekers. The car is the first Collection Car from Rolls-Royce for the new decade and is the Rolls-Royce Dawn Silver Bullet Collection.

Rolls Royce Dawn Silver Bullet Collection aero cowling windbreak badge
The vapor blasted titanium aero cowling windbreak badge. Credit: Rolls-Royce Motor Cars

This open-top roadster iteration of Rolls-Royce Dawn is designed to be like a silver bullet and features a dash in a newly commissioned ultra-metallic silver bespoke paint finish. Also greeting the driver and companion as they step in is a contemporary and unique open-pore carbon fibre fascia. Continuing to draw inspiration from the famed fashion of rebellious youth from the 1920’s, the Dawn Silver Bullet’s transmission tunnel has been quilted in a way that draws inspiration from trendy A-1 style brown leather jackets of the era while the aero cowling windbreak displays the Silver Bullet name via machined text on a vapor-blasted titanium surface.

Rolls Royce Dawn Silver Bullet Collection quilted leather transmission tunnel
The Dawn Silver Bullet Collection features a quilted leather transmission tunnel. Credit: Rolls-Royce Motor Cars

Contrasting the car’s silver hue, The Dawn Silver Bullet Collection features some dark exterior detailing with dark headlights and a new dark front bumper finisher which is then complimented with part-polished wheels that offer a translucent shadow finish with a single silver pinstripe.

The Rolls-Royce Dawn Silver Bullet Collection will be limited to just 50 cars worldwide.

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