The first 2014 Chevy Corvette Stingray convertible sold this past weekend at the Barrett-Jackson Palm Beach auction -- fetching an incredible $1 million. The car was sold to none other than the famed NASCAR team owner Rick Hendrick, who also made headlines earlier this year when he purchased the first 2014 Stingray coupe in January at Barrett-Jackson Scottsdale. Although the price of the car may seem extreme, all of the money from the purchase of the convertible will go directly to the Barbara Ann Karmanos Cancer Institute.
"I paid a little more than I wanted for that car," Hendrick explained to FoxNews.com in an interview after gavel dropped, "But I owe so much to Corvette for getting me into the car business in the first place."
Since the convertible has yet to be built, Hendrick will have the opportunity to start up his new 6.2L V8-powered convertible at a ceremony on the production line upon the completion of the build at the Corvette assembly plant in Bowling Green, Kentucky. Hendrick will also be able to choose the color, trim, and specifications of his new Corvettes worth a staggering $2.1 million as a pair.
Hendrick -- an avid collector of expensive automobiles -- explained that he has long had a soft spot for Chevys.
"Corvettes are a passion of mine. I love those cars so much, and to have the first Corvettes from the new generation means so much to me," he told FoxNews.com.
The 2014 Stingrays will join a host of other special Chevrolets in Hendrick's private collection that he has purchased through Barrett-Jackson auctions, including a 2010 Camaro SS, 2011 Corvette Z06 Carbon Edition, and 2012 ZL1 Camaro -- each the first of its kind.
The 2014 Stingray production is scheduled to begin later this year, with the completion of Hendrick's Corvettes planned for some time this summer.
Sources: Barrett-Jackson, Foxnews.com