General Motors Becomes The Highest Bidder For 1960 CERV I At Barrett-Jackson

General Motors has actually brought among its most extreme development projects back home. Just recently, the 1960 Chevrolet Engineering Research Vehicle (CERV) appeared at the block at Barrett-Jackson Scottsdale and there the 1960 CERV I was sold for a massive $1.3 million.

And it appears General Motors will be composing the check for the vehicle. The car has not been with automaker for decades, after it was set up to be crushed. A familiar name, Zora Arkus-Duntov, convinced executives to rather donate the automobile to the Briggs Cunningham collection.

Duntov crafted and spearheaded the 1960 CERV I to establish the C2 Corvette, although the car never officially raced per General Motors rules and regulations at the time.

The buyback comes at an interesting time in history, as the CERV I is mostly thought as Chevrolet’s first venture into a mid-engine Corvette program, where history is dotted with. At this moment, it’s nearly the industry’s worst-kept secret there are advanced, mid-engine modifications pertaining to the C8 Corvette.

However, after failing to cost RM Sotheby’s, the 1960 CERV I is formally heading home to the automaker that started the project in the first place. It’s likely the CERV I will make its way to the GM Heritage Museum after documentation and other formal business it tidied up.