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CORVETTE MEMORABILIA TO BE AUCTIONED IN EXHIBIT AT GM BUILDING AUG. 5-13

 CORVETTE MEMORABILIA TO BE AUCTIONED
 IN EXHIBIT AT GM BUILDING AUG. 5-13
 DETROIT, Aug. 3 /PRNewswire/ -- A silent auction of Corvette memorabilia to raise funds for The National Corvette Museum will be held in the One-Millionth-Corvette exhibit, in the General Motors Building in Detroit, which opens Wednesday, Aug. 5, Museum President Dan Gale announced today.
 The exhibit salutes the production of the one-millionth Chevrolet Corvette, which has been donated to the museum by Chevrolet "in support of its goal to enshrine a great car and honor the great people who made it an American institution."
 Proceeds from the sale of the rare Corvette items will go to the $12 million campaign for the privately funded museum now under construction in Bowling Green, Ky., near the Corvette Assembly Plant. Following its anticipated opening in August 1993, the 80,000-square-foot National Corvette Museum is expected to draw 500,000 visitors annually.
 A scale model and video of the museum will be displayed with the items for sale in the GM Building exhibit. Visitors may fill out bid cards and deposit them in a box in the exhibit from 6 a.m. to 10 p.m. daily from Aug. 5 until Thursday, Aug. 13. Bidding will end at 6 p.m. (EDT) on Aug. 13, the final day of the exhibit.
 Anyone unable to attend the auction but wishing to bid on the items can fax their bid to Gale at the National Corvette Museum -- fax number 502-781-5286. Daily bid updates can be obtained by calling Gale at the museum -- 502-781-7973.
 A representative of the museum will contact the highest bidders after the auction closes.
 Following is a description of each item in the auction:
 1. Super-gloss print (only one produced) from the original one- millionth commemorative poster artwork. Hand-laid gold mylar detailing, archival frame. To be signed by the artist. Minimum bid $1,500.
 2. One of only 50 one-millionth commemorative watches made by Goodyear. Minimum bid $250.
 3. Photo of full-size airbrush illustration of Sting Ray 2 created in Chevy III design studio under the direction of Jerry Palmer for the 1984 Corvette program. Signed by Corvette Studio Design Chief John Cafaro. Minimum bid $3,000.
 4. Framed, original artwork of the Corvette GTP concept car that evolved into the Goodwrench GTP car. Signed by Randy Wittine, senior Corvette designer, who supervised the car's bodywork. Minimum bid $2,000.
 5. Framed America Cubed poster signed by members of the Corvette platform. Minimum bid $100.
 6. Pin set made to commemorate the ZR-1 introduction. Three of the original 150 are to be auctioned. Minimum bid $100.
 7. One-millionth press kit signed by Corvette's two chief engineers, Zora Arkus-Duntov and Dave McLellan. Only 92 were signed. Minimum bid $92.
 8. 1990 inaugural ZR-1 poster signed by the artist. Only 100 were signed. Minimum bid $50.
 9. One of only 30 Monterey posters signed by Chevrolet's special guests at the August 1987 Monterey Historics. Minimum bid $500.
 10. Engraved brass belt buckle worn by Zora Arkus-Duntov. Minimum bid $250.
 11. Face shields worn by Zora when he raced at LeMans. Box top, with customs stickers, that was on the box shipped to LeMans. Minimum bid $500.
 12. Limited edition America Cubed tractor trailer scale model. Only 672 were made. Minimum bid $100.
 13. Framed, limited edition signed print made to commemorate the Tenth Anniversary of the Bowling Green Assembly plant, where the Corvette is built. Two will be auctioned. Minimum bid $75.
 14. Original artwork by David Kimble of the 1992 Corvette LT1 engine with a blueprint of the first Corvette V8 from 1955. Archival frame. Kimble originals are currently selling for $20,000-$30,000. Minimum bid $8,000.
 15. Original sketch combining 1961 and 1963 Corvettes, which led to the Shark/Mako Shark I. Signed by Larry Shinoda, dated July 19, 1960. Minimum bid $3,000.
 -0- 8/3/92
 /CONTACT: Dan Gale, president, The National Corvette Museum, 502-781-7973/
 (GM) CO: Chevrolet Motor Division ST: Michigan, Kentucky IN: AUT SU:


ML -- DE010 -- 6124 08/03/92 11:51 EDT
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Date:Aug 3, 1992
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