In the 1950s, Jay-Z, an iconic figure, enjoys cruising around in his red Corvette accompanied by his daughter Blue Ivy.

These cars were initially priced at around $3,000 when they were first produced, but now they fetch approximately $100,000 at auctions.

According to Ultimate Specs, the Corvette C1 230hp boasts a naturally-aspirated V 8 cylinder engine running on petrol. It has a maximum top speed of 137 mph (220 km/h), weighs 3034 lbs (1376 kgs), and is equipped with rear-wheel drive (RWD) and a speed gearbox.

The engine produces a maximum power of 233 PS (230 bhp – 171 kW) at 4800 rpm and a maximum torque of 407.0 Nm (300 lb.ft) at 4800 rpm.

Jay-Z’s fondness for classic cars is evident. His Alfa Romeo Spider is said to be a second-generation Series 2 Spider, produced between 1970 and 1982, as per Carscoops. In addition to the photo showing him alongside his close friend Emory Jones, Jay-Z and his wife Beyoncé were also seen cruising around Milan during the same trip.