The 2020 Chevrolet Corvette Stingray may have had a troubled launch with production cutbacks and safety concerns, but General Motors is celebrating a major milestone for the iconic American sports car. Last Friday, the 1,750,000th Corvette ever produced rolled off the production line at GM's Bowling Green Assembly.

The landmark model is a 2020 Chevrolet Corvette Stingray finished in an Arctic White exterior with an Adrenaline Red interior as a homage to the first production Corvette in 1953, which was Polo White with a red interior. It's also well-equipped, based on the top 3LT trim with the Z51 performance package installed and fitted with machine-face five-spoke wheels finished in sterling silver aluminum, an engine appearance package, and front lift adjustable height with memory.

"This type of milestone only comes around every ten or so years for Corvette," said Kai Spande, Bowling Green Assembly plant director. "For this landmark achievement to also be one of the early mid-engines is just awesome for us and for our customers. It's an amazing time to be part of the Chevrolet brand."

Normally, a 2020 Chevrolet Corvette Stingray will set you back at least $59,995, but this model will be considerably cheaper, despite its historical significance. Next month on September 4, the 1.75-millionth Corvette will be given away at a raffle hosted by the National Corvette Museum based in Bowling Green, Kentucky.

Tickets cost just $200 and are limited to 1,500 entries. Until it gets given away in the raffle, the 1.75-millionth Corvette is currently on display at the National Corvette Museum, where it joins the one-millionth Corvette that was built for the 1992 model year and the 1.5 millionth Corvette, which was a 2009 model.

This isn't the first time the National Corvette Museum has raffled a historically significant Corvette, either. Earlier this year, the last-ever C7 Corvette Grand Sport ever built was given away in a raffle with tickets costing $150.