First Mustang GT500 2010 and two concept autos to be auctioned

Posted on Wednesday, 18 March 2009 , 11:03:08 byEmil

Filed under fordmustanggt2010conceptauctionmuscleshelbyFordConcepts

First Mustang GT500 2010 and two concept autos to be auctioned

Ford will auctioning off for cash some historical pieces but this is not a fire sale plan; all the proceeds will go to charity. The 1st retail Ford Shelby GT500 2010 and a pair of concept Mustang GT autos on April 9-11 at the Barrett-Jackson Palm Beach Collector Car Auction.

It’s easy to understand the first GT500 significance, and the supercharged DOHC V8 5.4-liter engine putting out 540 horsepower plus 510 foot-pounds torque. But all the concept autos may be even more interesting now. These are 2 of the autos that began touring back in 2003 like a retro look preview (5th generation).

So, all MSRP proceeds from the Shelby GT500 sale will be therefor donated to The Carroll Shelby Children’s Foundation. These 2 Mustang concept units will be auctioned benefiting the Juvenile Diabetes Research Foundation. So, the sale is part of the 45th anniversary of Mustang. 'It’s rare for a concept vehicle, especially one as iconic as the Ford Mustang, to be sold to the public,' said Craig Jackson, the Chairman/CEO of Barrett-Jackson. 'Giving enthusiasts an opportunity to take home the ultimate keepsake is an admirable way to mark the 45th anniversary of the Mustang, which will be celebrated a few days after our event.'

'During the last three years, Ford and Barrett-Jackson have raised more than $2 million for charity through the auction of Ford vehicles,' Mark Fields said, president of Ford Motor Company, The Americas. 'Ford and Barrett-Jackson will continue this important tradition at this year’s Palm Beach auction. The winning bidders for these fantastic Mustangs will be contributing to worthy causes while purchasing automotive history.'

'This car began with a significantly modified Ford Thunderbird rear-wheel-drive architecture,' affirmed Steve Davis, the president of Barrett-Jackson. 'The platform was sectioned to achieve the proper proportion and the front-end geometry is all original. This is truly a piece of history that represents the transition to an entirely new Mustang.'