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Rick Hendrick Buys $3.7M Corvette ZR1 at Barrett-Jackson Auction, But Fans Are Tired of the Tradition

Miguel Cunha by Miguel Cunha
January 27, 2025
in Motorsports
Reading Time: 3 mins read
0

Rick Hendrick, the winningest NASCAR team owner and lifelong car enthusiast, has added another gem to his vast collection of Corvettes. At the 2025 Barrett-Jackson Auction in Scottsdale, Arizona, Hendrick shelled out an eye-popping $3.7 million for the first production model of the 2025 Chevrolet Corvette ZR1. But while this purchase continues a beloved tradition for the motorsports mogul, fans are starting to feel like it’s the same story every year.


Hendrick’s Corvette Obsession: A Lifelong Passion

Hendrick’s love for cars began at 15, tinkering with tractors and junk cars on his family’s Virginia farm. His first car, a 1931 Chevrolet Corvette bought with his father for $250, sparked a passion that now includes 220 vehicles, with 122 of them being Corvettes.

His latest acquisition, the 2025 Corvette ZR1, is a marvel of engineering:

  • Engine: LT7 5.5-liter twin-turbocharged V8 producing 1,064 horsepower at 7,000 rpm.
  • Aero Package: Carbon elements generating 1,200 pounds of downforce.
  • Base Price: $174,995, though Hendrick’s bid pushed it to $3.7 million.

The car’s features are groundbreaking, but its price wasn’t just for luxury—proceeds from the auction went to charity, supporting victims of California wildfires and the 2024 Southeastern hurricanes.


Fans Show Frustration: “Same Event, Different Year”

While Hendrick’s purchase benefits a good cause, some fans are expressing fatigue over the predictability of this annual tradition. Hendrick’s name has become synonymous with snagging the first production Corvettes at Barrett-Jackson, and for many, it feels like déjà vu.

On social media, some fans voiced their frustration:

  • “Does Rick Hendrick have to buy every first Corvette? We get it—you love Corvettes!”
  • “Great cause, but can we mix it up? This is starting to feel like Groundhog Day.”

Balancing Legacy and Repetition

There’s no denying Hendrick’s charitable contributions. Beyond the auction’s proceeds, he personally donated $2 million to Hurricane Helene relief efforts in 2024. However, the repetitive nature of his Corvette purchases has raised questions about whether his well-intentioned acts are losing their spark among fans.

Still, Hendrick’s enduring passion for cars—especially Corvettes—keeps him at the heart of American motorsport culture. Whether fans tire of the tradition or not, Hendrick’s commitment to both his collection and philanthropy shows no sign of slowing down. After all, for Rick Hendrick, it’s not just about the cars—it’s about the legacy they represent.

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