New buyer for Corvette Collection after 25 years.

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New buyer for Corvette Collection after 25 years.

Amazing story of a contest ran by an artist, Peter Max, who didnt really like cars; struck a deal to buy a collection of 36 Chevvy Corvettes.0e6ea980-5e9c-11e4-8407-6109916a8483_1800

When he purchased a collection of 36 Chevrolet Corvettes, one from every year of manufacture up until 1989, he had a very specific plan: He would use this slice of American history as a tool to self-promote his work as an artist, painting the machines in lurid colors while staging them in various oddball scenarios only the most expressive of minds could envision.

Only that never happened. Instead, Max left his collection in a New York City storage lot, which is where they’ve lived for a quarter of a century, sat gathering inches of dust, moved only when switching from one storage location to another.

However, that is all about to change, as the cars are now under new ownership – one that will lovingly restore the ‘Vettes and get them back on the road.

The story of how Max acquired the cars began in 1989, when music network VH1 held a contest to award a lucky viewer with a Corvette from every year of the model’s existence, from 1953 to 1989. Hemmings reports that VH1 purchased the cars for $610,000, and made its money back by creating a 900 number and charging contestants $2.00 per phone call to enter.

Placing just one call, Dennis Amodeo, a carpenter from Long Island, won the prize. Shortly after receiving his army of Corvettes, Amodeo received a call from Max who had seen the collection at an auto show in 1990.

Max stated that he wished to purchase the cars, and at a meet in New York City, the two hashed out a deal that reportedly included $250,000 in cash, $250,000 worth of Max’s artwork and an agreement that if Max ever sold the cars, Amodeo would receive a portion of the proceeds, up to $1 million.

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Check out this amazing gallery of the collection of Corvettes

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