AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
Always keeping on top of lightweight technology, the Chevrolet Corvette has come from fiberglass to carbon fiber over it’s 60 year life span.
The first ever 2013 Chevrolet Corvette 427 Convertible went for a hot $600,000 at the 2012 Barrett-Jackson auction. Sporting VIN #001, the convertible sports car was sold to Ron Pratte, a multi-millionaire who made his fortunes from wood framing and concrete foundations.
When the ‘Vette first hit the auction block, it caused a bidding frenzy quickly jumping up to over $200,000 when things started to die down. Then Jeff Gordon decided to make it more enticing by adding in his own racing suit and a VIP trip to the 2012 Daytona 500. The final $600,000 sale price wasn’t even the best part, as Eddie Vannoy added another $100,000 donation to the price of the car, which is going towards the AARP Drive for Hunger charity.
The Corvette 427 features an LS7 engine from the Z06 with 505-hp and 470 lb-ft of torque. It’s the most powerful engine ever placed into a Corvette convertible. It’s also outfitted with several carbon fiber pieces in order to save some pounds, with the convertible weighing in at 3,555-lbs. Its 0-60 mph time is a scant 3.8-seconds while it can clock the quarter mile in just 11.8-seconds.
GALLERY: Corvette 427 Convertible
Earlier this week GM laid out it’s two-year-plan at a product and technology event, with the focus being on new Buick and Cadillac models and, of course, the 230 mpg claim for the Chevrolet Volt. But there was another tid-bit of info in that two-year-plan on another highly-anticipated Chevy… the C7 Corvette.
Initially the next generation Corvette had been postponed until 2014, but according to GM’s latest plans the car’s production has been bumped up, leaving the engineering team significantly less time to re-create the legendary sports car.
That being said, it’s no surprise that the Corvette will continue to use it’s front-engine, rear-wheel drive layout. What isn’t clear is, well… everything else. As for the design, with the limited time frame we would expect to see an evolutionary new body, but considering the big changes at GM these days, the automaker may want to help set itself apart from the past by using more progressive sheetmetal, like that off the Corvette Stingray Concept (pictured above).
We do expect to see more light weight materials, including carbon fiber, aluminum and magnesium and there is also the possibility of a smaller, yet more powerful engine. Forced induction on all models is also not out of the question.
With test-mules expected in 2011, we’ll keep our eyes focused on the Nürburgring to see how development of the C7 Corvette is going.