Chevrolet designed only 20 examples of the Corvette with the high-overall performance, monitor-all set L88 package deal in 1967. What is introduced as the ideal case in point still left could become the most highly-priced Corvette at any time bought at an auction.
In Corvette-talk, L88 corresponds to an selection deal that bundled a 427-cubic-inch V8 motor in the vicinity of 530 horses. The V8 acquired aluminum cylinder heads and a solitary Holley 4-barrel carburetor, amid other modifications. Ticking the L88 box also deleted the radio, the heater, and the lover shroud to preserve body weight. Chevrolet billed $947 for the package deal, which represents about $7,300 in 2020.
216 vehicles were being created with the L88 package deal, but only 20 of them have been produced in 1967, the 1st calendar year Chevrolet available this possibility. Wearing serial quantity 21550, this convertible instance also occurs to be the very last 1967 Corvette designed. Cliff Gottlob, an engineer in Kansas, bought it new and later on drove it to Daytona (a 1,636-mile trip) to contend in the 24-hour race with buddies and spouse and children associates assisting him in the pits. He took second location in the GT group (and 11th in general) in 1970 ahead of packing up his instruments and driving the Corvette house to Kansas. Stephen Cox’s book “Against All Odds” tells the tale of Gottlob’s Daytona journey in colourful specifics.
Gottlob ongoing racing his L88 till 1975, and he sold it to Jim Krughoff and David Burroughs a few yrs later on. They gave it a entire restoration but retained as numerous of the unique parts as possible even the V8 is first to the car. The sale incorporates a 2nd L88 engine that has been entirely rebuilt in scenario the consumer wants to steer clear of putting miles on the primary V8. All of the people today that have extra this Corvette to their collection about the many years have identified its significance, which adds credibility to auction home Mecum’s declare that it is the top L88. It can be one particular of the few Corvettes at any time invited to bask on the lawn at the Pebble Seaside Concours d’Elegance.
Mecum has opened bidding, and the Corvette is up to $150,000 as of crafting. It nevertheless has a lengthy way to go the pre-auction estimate is any place in between $4 million and $5 million. Although which is a substantial total of money to spend for a typical Corvette, looking at past L88 revenue indicates the estimate is exact. Barrett-Jackson sold a red-on-red 1967 coupe (which was presented as remaining “the most effective of the most effective”) for $3.85 million in 2014, and it nonetheless stands out as the most expensive Corvette ever marketed at an auction. The second, 3rd, and fourth places are occupied by L88s, also, even though the fifth most-high-priced Corvette is a Pininfarina-bodied 1963 thought car or truck.
In addition to the spare motor, the sale includes a thick stack of documents like the authentic window sticker, the dealer invoice, and the manufacturing unit ID card. The buyer will also get photos of the motor vehicle in the course of its racing times.