Muscle Mustangs & Fast FordsEvents
First Production ‘15 Mustang GT Sells For $300k at Barrett-Jackson
Money Goes To Juvenile Diabetes Research Foundation
The first retail 2015 Ford Mustang crossed the stage at the Barrett-Jackson auction in Scottsdale on Saturday, January 18, 2014. Benefiting the Juvenile Diabetes Research Foundation (JDRF), the first production ‘15 Mustang was sold to Sam Pack, a North Texas Ford dealer for a hefty price tag of $300,000.
Ford Motor Company and JDRF have been partners since 1983, and this particular sale helped Ford reach $3.5 million to support the foundation through charity vehicle sales.
“The response to the all-new Mustang GT on the auction block was remarkable,” says Raj Nair, group vice president - global product development at Ford Motor Company. “People were drawn to the opportunity to own this historic car, while also knowing the funds would benefit JDRF. We're pleased to continue this collaboration in the fight to cure type 1 diabetes.”
Now that Pack is the owner of the first retail Mustang, he will get to choose automatic or manual transmission and any exterior and interior color combination offered on the new Mustang. Also, the entire development and design team for the new Mustang will sign the car in appreciation of the generous donation to JDRF.
With more than 420 horsepower and 360 lb-ft of torque powering this new sleek ‘Stang, all-new front and independent rear suspension help plant that power where it belongs and also provide better handling, precise steering control and enhanced ride comfort. New technology provides better control, connectivity, and launch control.
"We are thrilled with the result of the auction,” says John Brady, incoming JDRF chairman. “The enthusiasm and generosity of Ford Motor Company and Barrett-Jackson Auction Company is appreciated by the JDRF family and all those living with type 1 diabetes. The $300,000 raised tonight will get us closer to a world without type 1 diabetes."
That’s not the only Ford that raised some big bucks for charity, the 1956 Ford F-100 inspired by the Shelby GT500 “Snakebit” sold for $450,000. The truck was designed with the help of KISS-bassist Gene Simmons and his wife Shannon Tweed-Simmons as well as Saskatchewan-area businesses to help raise money for Wheel of Dreams Project to build a children’s hospital in Saskatchewan. It was unveiled at SEMA by the couple back in November.