The 2020 Chevrolet Corvette Stingray C8 is living up to the hype after the first-production model carrying VIN 001 sold for a staggering $3 million at the Barrett-Jackson auction in Scottsdale, Arizona. Hendrick Companies founder and CEO Rick Hendrick placed the winning bid, adding what could be one of the most desirable Corvettes in history to his extraordinary collection of American performance cars. The first-production Corvette Stingray C8 also becomes one of the most expensive Corvette models ever sold at auction, trailing only a handful of classic Vettes, including a 1967 Corvette L88 Coupe that still holds court as the most expensive Corvette ever sold in an auction setting. It fetched $3.85 million back in 2014, coincidentally, at the same Barrett-Jackson auction that the first-production Corvette C8 was sold.