The Square Wheels Lodge No.9966Square Wheels LodgeNo. 9966A Masonic Lodge for Classic Vehicle Enthusiasts

The Chevrolet they were ordered not to race

General Motors told its people to stop racing. Zora Arkus-Duntov heard the order, nodded in the right meetings, and then built five Corvettes that existed for almost no other reason.

They were called Grand Sports. Only five left the works. Chassis 003 was the first of the three coupes. On 15 August 2026, at RM Sotheby’s Monterey, that car sold for $18,705,000 — well clear of an $11–13 million estimate, and a new high-water mark for any Corvette at auction. The previous record, $7.705 million for the Corvette SS Project XP-64 in 2025, did not survive the evening.

Among American cars sold under the hammer, 003 now sits third. Above it stand a 1935 Duesenberg SSJ at roughly $22 million and the 1964 Shelby Cobra Daytona Coupe at about $42.905 million. For a machine born in quiet defiance of corporate policy, that is a long way from the back of the workshop.

1963 Chevrolet Corvette Grand Sport — Writegeist / Wikimedia Commons
1963 Chevrolet Corvette Grand Sport. Photo: Writegeist / Wikimedia Commons (own work, 14 August 2007). Not the Monterey auction car.

The brief, such as it was, came after GM’s official withdrawal from factory racing. Carroll Shelby’s Cobras were making the production Corvette look heavy. Arkus-Duntov’s answer was not another option package. It was a different object wearing a familiar silhouette: tubular chassis, thin hand-laid fibreglass, aluminium where steel had been, and a kerb weight quoted around 1,900 lb against roughly 3,200 lb for a production 1963 Sting Ray.

What sits under the bonnet in current form is often given as an all-aluminium 377 cubic-inch V8 on four Weber carburettors, with something over 600 horsepower. The numbers matter less than the intent. This was a sports-racing prototype that happened to look like America’s road car, built to meet Shelby on something closer to equal terms.

The racing record is short and sharp. Dick Doane took SCCA class wins in 1963. John Mecom’s team ran the cars at Nassau under the cheerfully unsubtle banner of the “Snake Eaters.” At Sebring in 1964, A.J. Foyt started 62nd, passed something like fifty cars on the opening lap, and finished second in class with John Cannon. In 1965 the car took third in class at the same race. The driver list reads like a period roll-call: Foyt, Jim Hall, Augie Pabst, Dick Thompson, John Cannon, Delmo Johnson.

Then came the quieter decades. A prior owner kept the car for twenty-three years and put roughly four thousand hours and a million dollars into restoring it to 1964 Sebring specification. That is stewardship of the old kind — not a flip, not a trailer queen bought for a weekend of applause, but long work on a machine that still has oil and history in it.

We will not see Grand Sport 003 on the Alderson House gravel. A travelling lodge in Warwickshire does not need to. The useful conversation is the one the car forces: what happens when an engineer is told to stand down, and builds the thing anyway; how little weight and how much courage separate a road car from a proper racer; and why five chassis, properly used, can still rearrange the auction order sixty years on.

Square Wheels Lodge No.9966 is a lodge of people who actually use cars. We gather around machines and the stories attached to them. Chassis 003 is one of those stories — ordered not to race, built to race, and now priced like a reminder that some instructions are better ignored with skill.

Spark: HotCars, on the Monterey sale. Catalogue: RM Sotheby’s.

One comment

  1. What a great story
    Another American who flouted the laws
    Was Smokey yunick

    I think that’s how you spell it
    Very similar in colour to the Shelby Daytona
    I bet you cannot hear yourself speak at 5,000 revs 🤓

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