Ford Press Release -
Jan. 21th, 2006
The rights to the first 2007 Shelby GT500
up for Auction!
SCOTTSDALE, Ariz., Jan. 21, 2006 - One lucky bidder's
automotive dreams will come true today. Ford has teamed up with
Barrett-Jackson to auction off the right to own the first 2007
Ford Shelby GT500 coupe offered for public sale at the 35th
Anniversary Barrett-Jackson Worlds Greatest Collector Car
Event. The 475-horsepower Ford Shelby GT500 the most powerful
factory-built Mustang ever produced will go into production
this summer. Proceeds from this auction will benefit the Carroll
Shelby Childrens Foundation, which provides financial
assistance to children with acute cardiac disorders or those in
need of organ and tissue transplants.
The 2007 Ford Shelby GT500 is a modern interpretation of that
iconic King of the Road Mustang. With Shelbys input, Ford
Special Vehicle Team engineers have fashioned the fastest
Mustang ever, including upgraded suspension and brakes,
distinctive exterior and interior and of course, a thoroughbred powertrain.
The heart of the new Shelby GT500 is its supercharged
5.4-liter, 32-valve V-8, which shares some components with the
engine in the Ford GT supercar to help make it the most powerful
factory-built Mustang in history. With 475-horsepower and 475
lbs.-ft. of torque on tap, the Shelby GT500 has attained a
higher factory rating than even the 1969 Mach 1 428 Super Cobra
Jet or the legendary 1969 Boss 429.
Ive long said that my energy and passion for performance
products has always been strongest when it involved a vehicle
from Ford, I couldn't be prouder than I am today
to be part of recreating GT500 history with the only automotive
company that holds the key to my heart. Shelby said.
As a 501 (c) 3 non-profit organization, the Carroll
Shelby Childrens Foundation (CSCF) depends solely on individual
and corporate contributions for funding. Under IRS code
regulations, donations to CSCF are tax deductible. All donation
monies go directly to the operation and support of the
foundation and its programs.
So, what did the the first Next Generation Shelby sell
for?
$648,000.00. This price includes the 8%
commissions fee that Barrett Jackson gets for the auction.
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