First Chevrolet Corvette Stingray Convertible Fetches $1M at Barrett-Jackson Auction

After the first production Chevrolet Corvette Stingray coupe sold for $1.05 million at a Barrett-Jackson auction earlier this year, expectations were high as the first convertible variant crossed the block at the Palm Beach Barrett-Jackson auction.

The winning bid for the first Chevrolet Corvette Stingray convertible was $1,000,000 – just $50,000 shy of its coupe counterpart. The winner? Rick Hendrick yet again, the NASCAR team owner who also took home the first production coupe.

SEE ALSO: First Chevrolet Corvette Stingray Sells for $1,050,000 at Barrett-Jackson Auction

Proceeds from the sale will benefit the Barbara Ann Karmanos Cancer Institute, which General Motors has sent nearly $6 million in support over the last 15 years.

The Chevrolet Corvette Stingray convertible made its world premiere earlier last month at the 2013 Geneva Motor Show.

GALLERY: Chevrolet Corvette Stingray Convertible at Barrett Jackson

Discuss this story at Corvette-Forum.com