Big bucks: Rick Hendrick drops $1 million on car at Barrett-Jackson
APR 12, 2014 5:12p ET
It was a Rick Hendrick kind of day: He came, he saw, he bought.
As expected, the championship NASCAR team owner and Chevrolet dealer came to the 12th annual Barrett-Jackson Palm Beach Collector Car Auction, where late Saturday afternoon he bought VIN No. 1 of the 2015 Corvette Z06 Stingray for $1 million, all of which will go to the Karmanos Cancer Institute, one of Chevrolet's favorite charities.
In what can only be described as a classic Barrett-Jackson moment, Hendrick ponied up the big bucks for the car he wanted. Last year, he paid $1 million each at two Barrett-Jackson auctions for the first 2014 Corvette coupe and convertible.
The $1 million purchase is the top sale of the auction thus far.
Hendrick, who has an enormous collection of Corvettes and GM muscle cars, is very active in supporting various cancer research endeavors, in part because he suffered from chronic myelogenous leukemia, a disease with a high mortality rate. But thanks to aggressive and experimental treatment, he survived.
"This is an easy one for me, because we do a lot with the cancer folks," Hendrick said. "My life's been spared by research."