A classic 1967 Chevrolet Corvette L88 Convertible managed to fetch 3.2M USD in a little over three minutes.

A classic 1967 Chevrolet Corvette L88 Convertible managed to fetch 3.2M USD in a little over three minutes.

It happened last Saturday at a Mecum Dallas auction where the car became the highest-selling Corvette ever after grabbing 3.2M USD. The vehicle has an interesting history as in the first years of its life raced on the drag strip and comes with the time slips to prove that. It participated in the NHRA A/Sports class in 1968 and 1969 before it was brought back to stock configuration in 1970.

In 1998 it was purchased by Buddy Herin who asked Houston-based Nabers Brothers to restore it. In 1997 it won the regional NCRS Top Flight award while a year later participated in the Bloomington Gold L88 invasion.

According to General Motors' books, they sold 20 units of this car for the 1967 model year, and this particular L88 is bundled with old racing photos, comprehensive owner history and the tank sticker. The car wears Marlboro Maroon exterior paint and comes with a mostly original black interior cabin plus a matching stinger on the bonnet.

Power comes from a 430 bhp (321 kW) L88 engine linked to a four-speed M22 "Rock Crusher" transmission. Other highlights include an F41 suspension, factory-side exhaust and heavy-duty power brakes.

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1967 Chevrolet Corvette L88 Convertible fetches 3.4M USD at auction [video]