Just 650 examples of C7 Corvette Z06 C7.R Edition will be made, so while you may pay a price premium for the motorsports inspired limited-run model, it’s also more likely to be a collectors item in the future. If it does turn out to be a hot item among car collectors, the lucky bidder who recently paid $500,000 for the first ever C7.R Edition at Barrett-Jackson Scottsdale certainly won’t regret shelling out so much for the supercar.
Then again, it’s unlikely the new owner of C7.R Edition VIN #001 cares how much he paid to have the car in his driveway. General Motors donated the car and all proceeds from the sale will benefit the College of Creative Studies in Detroit, which offers programs in car design and other four-year programs related to the arts.
As you’ll hear in the video above, this car is truly the first C7.R Edition to ever roll off the Corvette’s Bowling Green, Kentucky assembly line and is just one of 500 earmarked for sale in the United States. The rest will be sold to Corvette and Corvette Racing fans in Canada and other foreign markets, where there’s no shortage of love for the American performance icon.