A prototype GT500 was brought to the event, but Jackson will be able to order on in whatever configuration
and color he likes. (Barrett-Jackson)
It was gone in sixty seconds.
For car collectors, getting the first production model of a newly-launched hot car should be the best feeling in the world. However, if you plan to get the VIN 001 of the recently-launched 2020 Ford Mustang Shelby GT500, we hate to break the news to you but that wouldn't be possible anymore.
Apparently, the first production Mustang Shelby GT500 has been sold at an auction for $1.1-million. Even better, it was for a good cause as all the proceeds will go to JDRF – the leading global organization that funds type 1 diabetes research in an effort to find the cure, which is also one of the charity organizations supported by Ford.
Edsel B. Ford II and Aaron Shelby, grandson of the legendary Carroll Shelby, escorted the 700-plus-horsepower Mustang Shelby GT500 onto the auction block. The VIN 001 was sold at “no reserve” which means that the top price is tendered at the auction.
“For 35 years, Ford Motor Company has fueled the efforts of JDRF researchers to find a cure, while helping millions of children enjoy better lives,” said Edsel B. Ford II. “The proceeds from this car will add to the more than $3.5 million Ford contributes to JDRF annually, for a total of $70 million donated during our long-time partnership.”
https://www.motor1.com/news/301704/mustang-shelby-gt500-auction/
Lots of info here...
2020 Ford Mustang Shelby GT500:
https://www.topspeed.com/cars/ford/2020-ford-mustang-shelby-gt500-ar174065.html
A legendary Ford Mustang sold for a historic price at the Mecum Auctions event in Kissimmee, Fla., on Friday night when the bidding ended at $2,200,000.
That made it the most expensive Mustang ever sold at auction, and with good reason.
The Shelby Mustang 1967 GT500 Super Snake was a one of a kind prototype that Carroll Shelby had built for a tire test conducted by Goodyear.
He swapped out the GT500’s already potent 428 cubic-inch V8 for one of the 427 cubic-inch racing V8s from Ford’s Le Mans-winning GT40 and updated the rest of the powertrain and suspension to match.
The result was a Mustang coupe that could hit 170 mph and averaged 142 mph over 500 miles at a high-speed track in Texas where it was running on a set of Goodyear’s new whitewall Thunderbolt economy tires.
The initial plan was to build 50 of the cars for sale, but at an estimated double the price of a standard GT500 there weren’t enough takers and the sole prototype was sold for just $5,000.
(Excerpt) Read more at foxnews.com ...
Read more at foxnews.com ...
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I caught some of the auction. A restored Jeep featuring red, white and blue paint scheme was sold to raise money for the Gary Sinise Foundation. Someone bought it for $200 K but the winner immediately donated it so it was auctioned for a 2nd time for $100 K.
As a side note, I saw a 10 year old gorgeous Maserati sold for $25 K. If I know I could buy such a car for the price of a new Camry I might have flew there myself and drove it cross-country home.
I find it interesting that with all the concern about CLIMATE CHANGE, that the wealthy all want 1000hp Cars that go 300mph.
Sound like a widow maker for a non-expert driver.
Reminds me of the “Red Mist” car.
Yeah...the wife said I didn’t need it but, I figure, what the heck...you only live once.
Not in the market for a Mustang right now, but I’ve admired them ever since they started the retro styling, and I’ve liked the latest iteration.
However, will all new Mustangs have the “Transformers” looking front end of the prototype in the pic? If so, no sale for me.
Sorry, but the “angry Darth Vader” look is getting old. A modern interpretation of round headlights and sensible chrome grilles would be nice.
That thing would bottom out in the driveway. Waste of money.