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Old 01-26-2006, 06:39 PM
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Default Hemmings e news: Ex-racer Chevelle rakes in $1.2

FYI, Hemmings take on things:

Muscle Cars
Ex-racer Chevelle rakes in $1.2 million

This original LS6 Chevelle, an ex-drag car fetched a whopping $1.15 million at the recent Barrett-Jackson auction in Scottsdale.
By now the dust has settled after the craziness at Barrett-Jackson, but the prices paid for muscle cars remain crazy. When will it end? Nobody knows. One thing we do know is a car that once was setting record prices, then kind of fell off the cliff years ago, is back.
Several world records were set on Saturday and it seems that people with tons of money are buying muscle cars. Recently, hoopla has centered around Hemis in any form of Chrysler product, but probably the biggest surprise was what was paid for the 1970 LS6 Chevelle sponsored by Truppi and Kling, who built the engine with sponsorship from South Amboy, New Jersey’s Briggs Chevrolet.
The blue LS6 had but 61 actual miles and a very famous 322,080 feet, a quarter foot at a time. We cannot confirm whether the $1.15 million paid for this car is a world record, but it is safe to say that most likely it is the most money to ever change hands for a 1970 Chevelle, be it an LS6 or a gold-plated job.
We know of a Cranberry Red hardtop that sold a year ago for $300,000 and on Saturday witnessed a Cranberry Red LS6 convertible cross the block at Barrett-Jackson for $513,000--which would have likely been a record had the Truppi-Kling car not brought big money.
In fact, the Ray Allen car stalled at $300,000, until Craig Jackson intervened and reiterated the famous race history of the car. The car then zoomed in price faster than it could accelerate on the drag strip with the final price, including commission, reaching $1,242,000. Incredible.
- By George Mattar
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