The 30th anniversary BMW M5 was auctioned off at the Barret Jackson auction and was sold to Rick Hendrick for $700,000.
Rick Hendrik is an owner of a NASCAR team and BMW dealership and has an affection for limited edition sports cars and collectors cars. The $700,000 goes to the “The Ultimate Driving Community . . . Building the Foundation” Capital Campaign of the BMW CCA Foundation, a campaign to raise funds for teen driver safety programs and the preservation of BMW history.
Mr. Hendrick is an avid car collector owning over 200 cars in his North Carolina museum. “This baby’s going to go right beside the i8 in the museum. The only miles it’s going to get are in the truck (sending it from Arizona to North Carolina.),” says Hendrick.
Some of you may be familiar with Rick Hendrik and his auction pick ups. He is known to have spent $1,000,000 for the first C7 Stingray Corvette, $1,000,000 for the first C7 Corvette convertible, $1,000,000 for the first Z06 Stingray Coupe and $250,000 for a ZL1 Camaro. The $700,000 for the M5 30 Jahre seems a bargain compared to these, doesn’t it?