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Billy Stevenson's '58 Convertible

His Only Problem Was How To Get The Panama Yellow Corvette To Panama City.
By Ronnie Hartman
Photography by Andy Bolig
1958 Chevrolet Corvette Convertible Front End
1958 Chevrolet Corvette Convertible Driver Side
1958 Chevrolet Corvette Convertible Engine Bay
1958 Chevrolet Corvette Convertible Interior
1958 Chevrolet Corvette Convertible Front End

We met up with Billy Stevenson hours after he claimed this prize at the Mecum auction during the NCRS Winter Meet in Florida last January. When we came upon it, it sported a fresh “Sold” sticker and the owner was nowhere to be found, but we were so taken by it that we had to hunt him down. Billy hadn’t even driven it yet, but he was willing to talk to us about it, and let us get some photos.

Billy’s had the Fever for years, we discovered. He owned a ’62 in college, and later a ’61 (both Roman Red). This Panama Yellow beauty will be sharing quarters with his Silver Pearl ’67 convertible, which has taken two NCRS Top Flight Awards. Panama Yellow isn’t often seen—there were just 455 of them produced in ’58, and this is one of them. The color is what caught our attention in the first place, but there turned out to be more than just paint to drool over.

This pristine specimen had a full frame-off restoration in 1998, so it’s in magnificent condition. Its Charcoal interior is unblemished, and options include a power top and auxiliary hardtop, two-tone paint (Snowcrest White coves), Wonderbar radio, Powerglide transmission, and a heater. The ’58 has about 51,000 miles on it, and the only item that wasn’t stock when Billy took possession that day was the radiator cap. Fortunately, he was able to find one at the show, so the only problem that remained was how to get the car home to Panama City (in the Florida panhandle). The weather was threatening, and it’s a long way from Orlando to Panama City!

We never did learn how Billy got this spectacular Corvette home that day, but we look forward to seeing them both at NCRS events in the future.


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