Someone just spent $500k on this Corvette Z06 C7.R Edition

A very special 2016 Chevrolet Corvette C7 was up for auction at Barrett-Jackson recently and was sold for an impressive $500,000! The item on the block at Barrett-Jackson auction held in Las Vegas was the very first 2016 Chevy Corvette Z06 C7.R Edition with VIN #001.

The first in a limited run production of the Corvette Z06 C7.R Edition was offered up for auction to raise money for the College of Creative Studies in Detroit. That said, GM will only build 650 examples of the Z06 C7.R Edition out of which 500 will be sold in the US.

The 2016 Chevrolet Corvette Z06 C7.R Edition is inspired by the success of the Corvette C7.R racing car that features on the American and World endurance racing circuit. Hence, the exterior package sports a bright yellow and black paint scheme, polished black wheels with yellow accents, yellow brake calipers, carbon fiber bodywork bits and aero kit and a special interior. The upgrades on this model include the Z07 Performance Package that is being offered on the factory Corvette C7.

Power is derived from a stock 6.2-liter LT4 V-8 engine making 650 hp and 650 lb-ft of torque. Performance figures are similar to the stock Z06 fitted with Z07 Performance Package. Carbon ceramic brakes are also included.

2016 Chevrolet Corvette Z06 C7.R Edition Photo Gallery: