Rick Hendrick's latest auction buy drew attention when coverage labeled the lot rick hendrick $1 million isv after he secured the winning bid at the Barrett-Jackson Palm Beach auction. The vehicle sold was a one-off GM Defense M1301 Infantry Squad Vehicle that had not previously been offered to a private buyer, as reported by TechStory and American Cars and Racing.
GM Defense presented the unit as an ISV-Utility five-passenger pickup with commemorative graphics honoring the US 250th anniversary and offered the vehicle to raise money for the Medal of Honor Foundation. Bidding climbed into seven figures before Hendrick put in the winning $1,000,000 bid, and the auctioneer thanked him for the donation, according to American Cars and Racing.
The ISV is built on the Chevrolet Colorado ZR2 platform and uses commercial components, GM Defense said. The platform includes the Colorado ZR2's off-road suspension, and the M1301 is powered by a turbodiesel powerplant, while GM Defense notes the design is lightweight enough for helicopter transport and can be equipped with weapons but is not armored.
Vehicle Details And Related Roles
The specific auctioned ISV-Utility featured a cage-style rollover protection system and a chassis exoskeleton manufactured for GM Defense by Hendrick Motorsports, the coverage states. The ISV family can be configured with seating for up to nine soldiers, while the auction example was a five-passenger pickup, and GM Defense framed the vehicle for rapid deployment and varied battlefield roles.
The auction presentation included appearances by Medal of Honor recipients David Bellavia, Kyle Carpenter, Terry Richardson, and Matt Williams, and full proceeds were designated for the Medal of Honor Foundation, a 501(c)(3) nonprofit as noted in the auction coverage. Rick Hendrick often buys milestone GM vehicles at charity auctions, including a previously reported $3.7 million purchase of the first mid-engine Chevrolet Corvette ZR1, and his new ISV is expected to join his private collection and appear briefly at his Charlotte area dealerships before private storage.
