Rick Hendrick dishes out $700,000 for 2014 BMW Jahre M5

Did you miss the M5 Charity Auction at Barrett Jackson? Here it is!

NASCAR team owner and inveterate car collector Rick Hendrick dishes out $700,000 for 2014 BMW Jahre M5. Thursday night at the Barrett-Jackson Collector-Car Auction in Scottsdale, Ariz., Hendrick paid $700,000 for a special 30th Jahre — German for “year” — Anniversary Edition 2014 BMW M5 sedan, with all proceeds going to the BMW Car Club of America Foundation, which helps train young drivers.

The car was one of just 30 imported in to the U.S. market, and one of just 300 produced worldwide. The $700,000 hammer price was the high sale of the auction.