Paul Newman’s Race-Winning Corvette Draws $275,000 Final Bid
The line between Hollywood and the auto industry is not as distinct as you might think. Many a Hollywood movie has starred some awesome car or another, and many an actor has made the crossover from thespian to race car driver. Perhaps the most famous of these actors-turned-racers is Paul Newman, who raced his Corvette at tracks like Lime Rock right up until he was 83 years old.
Newman raced his Riley & Scott Trans Am Corvette for four years before he died, and this famous red-white, and blue race car recently hit the auction block. Proving that Newman’s star power has not yet diminished, this Corvette sold for a whooping $275,000, reports the Garage Blog.
From 2003 to 2007, Newman raced the Corvette, winning his final race in it before having it rebuilt. Unfortunately, Newman never felt good enough to get back behind the wheel, and the Corvette went rebuilt and unraced after Newman died in 2008. He was 83 years old at the time, one of the oldest active racers ever.
The car was put up for auction at the Amelia Island by RM Auctions, and analysts pegged the final sales number at between $250,000 and $300,000. They couldn’t have been more on the money, as the final sales price was $275,000. While that sounds like a lot, it was only about 10% of the selling price for the top auction from Amelia Island, a 1929 Cord that sold for over $2.4 million. So while Newman’s star power has not yet decreased, his name doesn’t add a million bucks to the sales price… yet.