Chevrolet Corvette ZO6 raises US$1-M for education of people of color

MANILA: The first production model of the 2023 Chevrolet Corvette Z06 convertible raised US$1 million for the Thurgood Marshall College Fund (TMCF) at the Barrett-Jackson Palm Beach Auction in North America. 

According to a release from Chevrolet, this auction and the sale of the first Corvette Z06 70th Anniversary Edition in January brings the total amount of money raised for charity by the  Corvette Z06 nameplate to US$4.6 million in 2022.

The 2023 Corvette Z06, which Chevrolet said offers the highest-horsepower naturally aspirated V8 of any production car, drove onto the world-famous auction block in support of the TMCF’s Teacher Quality & Retention Program (TQRP). 

Representatives from TMCF, the nation’s largest organization exclusively representing Historically Black Colleges and Universities and Predominantly Black Institutions, were at the auction to experience this exciting moment in the organization’s history.

One hundred percent of the winning bid from Rick Hendrick, chairman and CEO of Hendrick Automotive Group and owner of 14-time NASCAR Cup Series champions Hendrick Motorsports, benefits the organization’s TQRP, a training initiative that helps aspiring K-12 educators develop their skills for success in challenging teaching environments.

Hendrick will also have the opportunity to customize the first retail production Corvette Z06 convertible, from the sports car's body color to the shade of the brake calipers.

“Through the generous support of GM, Chevrolet and Barrett-Jackson, we raised a significant amount of funds and awareness of our TQRP initiative, which provides opportunities for students of color in the K-12 educational environment and beyond,"  President and CEO of the Thurgood Marshall College Fund Dr. Harry L. Williams expressed. 

Photos from Chevrolet

Also read: Chevrolet unveils most track-capable Corvette Z06 ever