First 2020 Ford Mustang Shelby GT500 auctioned for charity at $1.1 million

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First 2020 Ford Mustang Shelby GT500 auctioned 1

This week, we disclosed most powerful and fastest Shelby till date which promises to deliver in excess of 700hp. Christened as 2020 Ford Mustang Shelby GT500; the first production model was auctioned by Barrett-Jackson. As expected it had VIN 001 and the first proud owner is Barrett-Jackson Chairman and CEO Craig Jackson. He paid a whopping $1.1 million for the star attraction at auction house’s first event of this year. The proceeding of this auction will be given for research to find cure for Type 1 diabetics in children.

First 2020 Ford Mustang Shelby GT500 auctioned First 2020 Ford Mustang Shelby GT500 auctioned

The money goes to JDRF who are leading global organization funding type 1 diabetic’s research. Ford’s president and global operations, Joe Hinrichs said after the event that owning first 2020 Ford Mustang Shelby GT500 is once in a lifetime opportunity. However, being involved in helping to raise much-needed funds and awareness for JDRF is a big win for everyone. 2020 Ford Mustang Shelby GT500 is the latest example of several of their collaborations between Ford and Carroll Shelby. This muscle car will have limited production run and will be available in Canada and United States this fall.

First 2020 Ford Mustang Shelby GT500 auctioned First 2020 Ford Mustang Shelby GT500 auctioned

Power in 2020 Ford Mustang Shelby GT500 comes from supercharged 5.2 liter V8 engine that generates output in excess of 700hp. The engine is mated with Tremec seven-speed dual-clutch transmission that transfers power to the rear-wheel with the help of unique carbon fiber driveshaft. The eight-cylinder engine enables the Shelby GT500 to accelerate from 0-60mph in mid-three seconds and can cover quarter of a mile in less than 11 seconds.

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