When GM owned it it was driven those miles, because as a manufacturer you can do that.
You will not be able to register the car for street use as it has no title, unless you are a manufacturer which exempts you
Why would anyone want a car you can't drive is beyond me (unless you are a museum.
The factory Impala SS wagon that sold at the same auction is the same way. I know this as it was offered by GM to a certain forum member on here and his comment to me was the same. What good is it if I can't drive it?