The First Production 2020 Ford Mustang Shelby GT500 Auctioned for $1.1 Million
The premise of paying a seven-digit sum for a Mustang might seem ridiculous to some. However, in the charity auction world, that’s not an unheard-of amount of money to score the very first example of a hot car. The first production 2020 Ford Mustang Shelby GT500 crossed the auction block at Barrett-Jackson and fetched an astounding $1.1 million, with the VIN ending in 001 snagged by Barrett-Jackson’s own Craig Jackson.
Unmatched Power and Performance
As a refresher, the 760-hp, supercharged 2020 GT500 is the most powerful Mustang ever made. Outside of the heated, for-a-good-cause auction environment, it’s set to retail for approximately $70,300. Testing shows that this mighty Mustang sprints from zero to 60 mph in just 3.6 seconds, scorching the quarter-mile in 11.3 seconds at 131.6 mph. Such performance places it firmly in the modern performance car conversation.
A Unique Tribute
The first-off-the-line GT500 showcases a special one-off paint job that pays homage to the “Green Hornet,” a 1968 Shelby GT500 prototype. Moreover, since Jackson posted the winning bid, Ford allowed him to pick any color he desired for the car and even be present during its assembly in Flat Rock, Michigan. Consequently, the car is set to make its public debut at the Barrett-Jackson Scottsdale auctions, featuring alongside a number of notable Mustangs from Jackson’s collection.
A Worthy Cause
The funds from the sale of the GT500 will aid the Juvenile Diabetes Research Foundation (JDRF), an organization committed to supporting research for Type 1 Diabetes. Approximately 200,000 Americans under the age of 20 suffer from this condition, making the cause all the more crucial. If you’re interested in learning more about the JDRF and their mission, check out their official website for detailed insights.
Moreover, it is noteworthy that this isn’t the first Mustang Barrett-Jackson has auctioned for a good cause. Since 2007, the auction house has sold 20 Ford vehicles and helped raise more than $6.5 million for JDRF. This track record underscores the impact that auctions can have when they align with charitable endeavors.
