RM Auctions' estimated value for this car was $1.75 million to $2 million, but bidding came up $200,000 short and the car remained unsold.

It was the first Corvette produced with Chevrolet's L88 option package. It is powered by a 427 cubic inch engine producing an estimated 600 maximum horsepower It has a heavy duty four-speed manual transmission and it requires 103 octane fuel.

To discourage its use on the street, Chevrolet offered almost no comfort options, such as a radio or air conditioner, with the L88 package.