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First Ford Shelby GT350R Mustang Sells for $1 Million at Auction

Motor Trend logo Motor Trend 1/20/2015 Megan Stewart

Last week, Ford announced that it would be auctioning off the first production model of the new Shelby GT350R Mustang to raise money for the Juvenile Diabetes Research Foundation (JDRF). On Saturday, January 17, the Shelby GT350R sold for $1 million at the Barrett-Jackson Auction in Scottsdale, Ariz.

When lot 3008 hit the stage, a bidding war quickly escalated the price as there was no reserve for the new Ford Shelby GT350R Mustang . The winning bid was made by an anonymous bidder, and while they may be getting their model rather soon, the general population will have to wait until later this year to get their hands on one of their own.

Ford Shelby GT350R Mustang© Provided by MotorTrend Ford Shelby GT350R Mustang

Related link: Research the Ford Mustang

Ford North American Car Marketing manager Steve Ling said in a press release: "We knew the auction of this coveted car would capture the attention of serious enthusiasts. This was one of the most exhilarating auctions to witness, and the winning bidder is taking home a piece of history."

The new Ford Shelby GT350R Mustang celebrates 50 years of the storied pony car nameplate, and features the first-ever production V-8 engine from the automaker with a flat-plane crankshaft, making it the most powerful naturally aspirated engine ever produced by Ford. The new model also features a specially tuned suspension, including revised spring rates, anti-roll bars, bushings, and jounce bumpers, along with a lower ride height, track-tuned alignment settings, and front cross-axis ball joints.

Source: Ford

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