So, Chevrolet, being GM’s big sales and profit division, campaigned to GM to “kill” this car. When Chevy was coming out with its 6-cyl. sports car with its 2-speed “powerglide” transmission and side curtains, here was a sports car from Olds with a big old V-8 and power windows. GM said no to Oldsmobile on building this car. The world’s rarest automobile: a 1954 Concept Old’s Rocket F88 – the only one in existence. John S. Hendricks, (Discovery Communications founder) paid in excess of 3 million to acquire this 1954 Oldsmobile F-88 Convertible Concept Car . After spending decades as a collection of … Continue reading This is the car that in 1954 could have “killed” the Corvette.