It has become a ritual of sorts in recent years for automakers to offer up for auction the first copy of a highly anticipated new model to benefit a charity. The car will bear a VIN in a low number, often #001, as is the case with the soon to be freshly minted 2020 Ford Mustang Shelby GT500 offered here, it’s an opportunity for those with the means to score an instant collectible while applying a cold-cash compress to their ego without appearing too arrogant. After all, it’s for charity, right?
When the car rolls across the block on Friday, January 18, at the 2019 Barrett-Jackson collector-car auction in Scottsdale, Arizona, it will be accompanied by both Edsel Ford II and Aaron Shelby, who will be leveraging their family legacies to prod the bidding audience into blowing their children’s college funds.
The car, with its “700-plus” horsepower from a supercharged 5.2-liter V-8, will be delivered to the winning bidder in standard GT500 spec, although the buyer will have a choice of any of the available colors and options. Barrett-Jackson is quick to point out that 100 percent of the hammer price will go to help the Juvenile Diabetes Research Foundation find a cure. As traditions go, it’s hard to think of a better way of separating well-heeled car fans from their cash.