The 'Last' Corvette to Be Sold at 36th Annual Barrett-Jackson Auction in Scottsdale

The "Last" Corvette, one of the most legendary sports cars in American automotive history, will be sold at No Reserve during the 36th Annual Barrett-Jackson Collector Car Event from January 13-21, 2007, in Scottsdale, Arizona. The car is documented as the last 1967 Corvette of the C-2 series production, which is commonly identified as the greatest design in the American muscle car's rich history. The January auction will feature more than 1,100 of the world's finest collector automobiles, attract over 225,000 visitors, and be featured on SPEED with 40 hours of live coverage.

"Being the absolute final car of a world-famous model makes this one of the most collectible cars in the world," says Craig Jackson, president of the Barrett-Jackson Auction Company. "It's exciting to think that someone will leave the Barrett-Jackson Auction with the last C-2 series Corvette ever built." Steve Davis, senior vice president of Barrett-Jackson Auction Company, who consigned the car adds, "We've followed this car as it has gained headlines and popularity throughout the country, and are pleased that it will be sold at our Scottsdale event."

The "Last" Corvette is a 1967 Coupe optioned with a L-36 427-390 hp engine, factory air conditioning, dual side exhaust, power steering, telescopic steering column, 3.55 positrac, M-21 close ratio transmission, AM/FM radio, tinted glass and red stripe tires. The signature components are complemented by a classic Silver Pearl exterior and black interior. This legend underwent a major restoration to recapture its clean looks and ferocious bite. Shortly after purchasing the "Last" Corvette in June 2005, Terry Michaelis and his group of specialists at ProTeam Classic Corvette Collection and Sales embarked on a restoration that grabbed automotive headlines throughout the country. From stripping the Chevrolet to its chassis to sewing the last seat cover, ProTeam and numerous high profile restorers returned this classic to stardom.

"This car symbolizes the end of an era in the long history of Corvette body types," says Michaelis. "As the last of the C2 series, it is certainly a one-in-a-million collectible vehicle, particularly among Corvette enthusiasts and car investors."

Also known as "The Caboose," the "Last" Corvette has been displayed, photographed, modeled, and admired in nearly every way possible. Beginning in late January 2006, just days after the final restorations were complete, the car was debuted at the National Corvette Restorers Society's Winter Regional, where it earned a Top Flight award.

As the "Last" Corvette draws closer to auction, it will be previewed and showcased at Barrett-Jackson's booth in Hot Rod Alley at the Specialty Equipment Market Association Show on October 31-November 3, 2006, in Las Vegas. The car's last stop before the Barrett-Jackson Auction will be at the Fall Chevy Vettefest on November 18-19, 2006, in Chicago.

In addition to the show tour, the "Last" Corvette will be featured in a SPEED series titled "American Muscle Car: The Last Stingray," which will chronicle the famous car's history and restoration. The series will include six episodes with the first episode premiering on December 7, 2006. The following five episodes will air in consecutive weeks leading up to the Barrett-Jackson Auction.

Last year, more than 300,000 attendees and millions of television viewers from around the world witnessed over 1,600 cars being auctioned off for approximately $135 million at the two 2006 Barrett-Jackson Collector Car Events held in Scottsdale and Palm Beach, Florida.