Posts Tagged ‘427 vette’

60th Anniversary 427 Corvette Ready to Roll

Raw power, sophisticated handling.

by on Jul.19, 2012

The 2013 Chevrolet 427 Corvette is the fastest and most powerful 'Vette convertible ever built.

While the all-new C7 Corvette is still a ways off into the future, Chevrolet and parent General Motors are getting set to celebrate a big anniversary for “America’s sports car.”

They’re getting set to mark the 60th anniversary by rolling out the most powerful Corvette convertible ever built. The 2013 427 Corvette ragtop makes use of some of the best parts of the “Vette Z06 and ZR1 supercars—notably including the Z06’s 505-horsepower 7.0-liter V-8 and the aerodynamic refinements of the ZR1.

The 2013 427 Corvette retains the wedge shape of the current generation of Corvettes. But instead of lifting an aluminum frame used in those racing-oriented models, GM engineers beefed up the stiffer steel frame utilized in recent configurations of the Corvette convertible. GM minimized the weight gain by adapting carbon-fiber fenders and a carbon-fiber floor pan.

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The result is a car that, from a design and engineering perspective, carries forward some of the very latest and very best bits of Corvette’s unique heritage – while developing a unique character all of its own capable of carrying the ‘Vette flag during the sports car’s anniversary year.


What Troubled Economy? Scottsdale Classic Auctions Rake in Over $180 Million

First-off Corvette 427 Convertible nabs $600,000; Mercedes gullwing nears $5 mil.

by on Jan.23, 2012

The winning bid and fees for this 1955 aluminum-bodied Mercedes Gullwing neared $5 million.

The economy may still be in trouble but one would have had a tough time believing it in tony Scottsdale, Arizona over the weekend, where bidders flashed their cash in a bidding frenzy that generated tens of millions of dollars in sales during the city’s annual classic auction extravaganza.

Final figures from the well-known Barrett-Jackson and five other auctions indicate they generated about $182 million in sales, with a rare aluminum-bodied Mercedes-Benz gullwing coupe commanding $4.62 million after commissions were added in.  Meanwhile, charities netted a cool $600,000 for the first-off-the-line Chevrolet Corvette 427 Convertible – as much as eight times what it would go for in a dealership later this year.

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The final sales total was up from $157 million in 2011, and was well beyond initial expectations, McKeel Hagerty, head of the classic car insurance firm, Hagerty Insurance, telling that, “Across the board, everybody had solid sales.”  Hagerty added that a number of collectors returned to Scottsdale after being out of the market for several years.

On the other hand, he said, there was “definitely not the irrational exuberance (of a decade ago).  It’s a smarter market.”