This past weekend, Ford sold another car at the Barrett-Jackson auction in Scottsdale, AZ. They have sold lots of cars there but this was not your typical collector car sale. All the money Ford received for this record-setting auction were donated to the Juvenile Diabetes Research Foundation. The car was a 2016 Shelby GT350R, the Mustang of all Mustangs. The first one produced and the first one sold to the public. This top of the line track monster was just revealed at the North American International Auto Show last week in Detroit. The car will come with the VIN 001. So how much money did JDRF receive from the sale of this car? A cool 1 million.
A collector on the phone made the winning bid for what Ford is calling the most track oriented Mustang ever built. Not only does the winner get to spec out this car to their liking, but Ford CEO Mark Fields himself will deliver the keys to the car to the new owner at Ford’s corporate headquarters in Dearborn, MI. This is a double win for this lucky collector. Not only to they get this collectible car, but they get some satisfaction knowing that they are helping people everywhere who have T1D.
Ford has donated substantial amounts of money to JDRF over the years. Last year before the regular 2015 Mustang GT was released to the public, Ford auctioned off the very first car to the public in a similar manner and donated that money to JDRF as well. That car went for $300,000. The relationship between Ford and JDRF goes back a ways and over the years Ford has raised about $45 million to go towards the research funded by JDRF to find a cure for Type I diabetes.
Edsel Ford II who is the great-grandson of Henry Ford and the son of Henry Ford II, is a member of the board of directors at Ford. His youngest son has type I diabetes so this is an issue that hits close to home, and improving treatments and finding a cure for this disease is of great interest to the Ford family.
This issue is also something close to me as two of my children have type I diabetes. The fact of the matter is much progress has been made in treating this condition and improving the quality of life for those who have to deal with T1D. However, more can be done. I personally want to thank The Ford Motor Company for taking up this cause. As both a car guy and a parent of children who deal with endless injections and finger pokes, I love seeing these Mustangs roll across the auction block in order to obtain funding for the Juvenile Diabetes Research Foundation. Maybe the Mustang or another Ford product will lead to my children being able to make it through the day without having to worry about things so much.
Now let’s see Ford auction VIN 001 of the new GT. No doubt that would fetch more than 1 million.