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This $1.1M 2020 Ford Mustang Shelby GT500 will help kids with diabetes

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Any time there is a highly anticipated limited-edition performance car, a collectible is instantly born when the first example rolls of the assembly line. For fanatics and historians, it’s not enough just to have one, it has to be the first one ever created. The two biggest stars of the recent

2019 North American International Auto Show

once again proved the case at the

auction

house over the weekend. After the

first 2020 Supra built brought in more than $2 million

in cash, the first

2020 Ford Mustang Shelby GT500

earned $1.1 million, all of which goes to charity.

At the

Barrett-Jackson

Collector Car Auction in Scottsdale, Arizona, numerous lots were slated to give the proceeds of the sales to good causes.

A Ford GT earned $2.5 million

for the United Way for Southeastern Michigan. The aforementioned

Supra

is sending $2.1 million to the American Heart Association and the Bob Woodruff Foundation. And a brand-new

Shelby GT500

hit $1.1 million on the auction block to aid in research for child diabetes.

First 2020 Mustang Shelby GT500

The GT500 VIN 001 caught the eye of chairman and CEO of Barrett-Jackson Craig Jackson. His bid will go to the Juvenile Diabetes Research Foundation. Although the car that drove across the stage was orange,

Ford

indicates Jackson will be able to choose the colors and options of his car.

The timing worked in favor of the Shelby, as

the new GT500 was just announced

at the

Detroit Auto Show

with a wave of hype backing it up. Although details were broad, the powerhouse muscle car will get more than 700 horsepower from a supercharged 5.2-liter V8 and has a 7,500 rpm redline. The Shelby GT500 will go on sale fall 2019 for a bit less money than $1.1 million.

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