SCOTTSDALE – The 2025 Scottsdale Auction by Barrett-Jackson was more than just a car show; it was a showcase of passion, philanthropy, and the love for classic and modern vehicles.
Thank you for reading this post, don't forget to subscribe!Attracting Automotive enthusiasts from far and wide, the event saw bidders vying for a chance to own some of the most exotic, classic, and cutting-edge cars.
Among them was NASCAR team Hendrick Motorsports’ owner Rick Hendrick, an automotive mogul with an estimated net worth of $1 billion.
Hendrick’s net worth is estimated at $1 billion according to Sportskeeda, making him the the third richest NASCAR owner by $700 million. Cars probably come a dime a dozen for automotive tycoon, who has been in the racing industry for more than six decades.
The businessman’s seemingly endless amount of cash just made him the owner of the first purchasable model of one of 2025’s newest cars.
Hendrick outbid everyone to claim the first retail production 2025 Chevrolet Corvette ZR1 for $3.7 billion dollars at the Scottsdale Auction on Saturday.
And serial number 1 goes to Rick Hendrick. pic.twitter.com/IpPoccaDRi
— Doublewide Capital LLC (@DoubleWideCap) January 26, 2025
The Corvette purchase was made as a part of the auction’s charitable sale. Hendrick contributed to more than half of the $5.2 million dollar charity sales Saturday. The remaining $1.5 million was filled in with a gavel slamming on a 1962 Dodge Power Wagon custom truck.
The American Red Cross will receive 100% of the profit from Hendrick’s latest grab. Barrett-Jackson Chairman and CEO Craig Jackson, President Steve Davis and Corvette Chief Engineer Josh Holder revealed the money will be used to assist individuals affected by the recent California wildfires and hurricanes in the southeastern region of the country.
The NASCAR icon is a regular when it comes to giving back by way of Barrett-Jackson. His new Corvette brings his donation contribution to $28 million in the last 20 years by spending on the Barrett-Jackson auction block.
Hendrick has showcased 14 NASCAR Cup champions as an owner. He was inducted into the NASCAR Hall of Fame in 2017.
Kenny Dillingham embodies Arizona culture, makes Barrett-Jackson appearance
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Reporter Jordyn Bennett covers the Arizona Cardinals, Arizona State, Phoenix area sports and sports related topics. You can follow him on his X account, @j_bennett_live
