1. ITV Report

Eight priceless Corvette cars swallowed by massive sinkhole in Kentucky

Eight of the classic cars were swallowed by the huge pit. Photo: National Corvette Museum

A 40-foot sinkhole opened up under the National Corvette Museum in Kentucky swallowing eight cars, including the historic 1992 White 1 Millionth Corvette.

The Museum posted CCTV of the moment the sinkhole opened up under the cars.

No injuries were reported, but a 1993 ZR-1 Spyder and a 2009 ZR1 "Blue Devil" on loan from General Motors Co were among the iconic cars which ended up at the bottom of the gaping pit.

Eight of the classic cars were swallowed by the huge pit. Credit: National Corvette Museum

"It seems almost Biblical in a way, to have the ground open up and swallow the cream of the collection of the museum," said Corvette historian Jerry Burton. "What are the odds?"

Burton said the millionth Corvette, which was never sold, was likely the most valuable car and could fetch "several million dollars" from the right buyer.

The museum has also posted video from a drone helicopter which was taken out over the sinkhole to inspect the damage.

The value of the damage was not immediately known, as most are one-of-a-kind collector cars with no similar sales figures to use as comparison, according to Sam Murtaugh, marketing director at Mecum Auctions of Wisconsin.