First 2020 Shelby GT500 sold for a whopping $ 1.1 million

First 2020 Shelby GT500 sold for a whopping $ 1.1 million

ABU DHABI: The first 2020 Shelby GT500 has got an owner and it’s none other than Craig Jackson, who is the chairman and CEO of Barrett-Jackson. The Shelby GT500 was taken to the Barrett-Jackson car auction in Scottsdale, Arizona to raise funds for charity. While the bidders called out their bets, the winning bid turned out to be from the chairman’s camp itself.

2020 Shelby GT500 Front

The winning bid for the 2020 Shelby GT500, the most powerful Mustang ever, got to up to a whopping $1.1 million. This hefty sum will help in funding the research and other proceedings to find the cure for Type I Diabetes. The amount will be donated to the Juvenile Diabetes Research Foundation (JDRF).

2020 Shelby GT500 Side

The global operations president of Ford, Joe Hinrichs said, “The chance to become the owner of the first 2020 Ford Shelby GT500 cars is an opportunity of a lifetime. More importantly, being involved in helping to raise much-needed funds and awareness for JDRF is a big win for everyone.”

2020 Shelby GT500 Side Rear Angular

At the auction, the Mustang was accompanied to the block by Aaron Shelby, the grandson of Carroll Shelby, and Edsel B. Ford II, the great-grandson of Henry Ford whose presence made the occasion even more momentous. Edsel B. Ford II said, “For 35 years, Ford Motor Company has fueled the efforts of JDRF researchers to find a cure while helping millions of children enjoy better lives. The proceeds from this car will add to the more than $3.5 million Ford contributes to JDRF annually, for a total of $70 million donated during our long-time partnership.”

Purva Jain

Purva Jain

Purva is a crazy admirer of cars and she has got a lot of expertise in their detailing. Though, she has mastered in Economics but cars have always been her field of interest. She is an introvert in talking but when it comes to cars and the latest news regarding them she talks like hell. Exploring new cars as well as the vintage machines is listed in her hobbies while getting to know about the history behind the same are the things which she enjoys the most. She may seem silent from the outside but inside her is a volcano erupting to engulf the mean machines.

Read Full Bio

Ford Car Models

  • Ford Territory 2026
    Ford Territory 2026
  • Ford Mustang
    Ford Mustang
  • Ford Taurus hev
    Ford Taurus
  • Ford Ranger
    Ford Ranger
  • Ford F-150 hev
    Ford F-150
  • Ford Explorer
    Ford Explorer
  • Ford Transit
    Ford Transit
  • Ford F-150 Raptor
    Ford F-150 Raptor
  • Ford Bronco
    Ford Bronco
  • Ford F-150 Tremor
    Ford F-150 Tremor
Ford Cars Price

Don't Miss

Automotive News and Reviews

You might also be interested in

  • News
  • Featured Stories

Featured Car

  • Upcoming

Latest Ford Mustang Car Videos on Zigwheels

  • 2015 Ford Mustang Review - Kelley Blue Book
    2015 Ford Mustang Review - Kelley Blue Book
    25 Feb, 2015 .
  • 2015 Ford Mustang Review (EcoBoost and 5.0L GT)
    2015 Ford Mustang Review (EcoBoost and 5.0L GT)
    25 Feb, 2015 .
Watch Ford Mustang Car Videos

Compare & Recommended

Ford Mustang
Ford Mustang
AED 219,500 - 355,000
Dodge Charger
Dodge Charger
AED 110,000 - 199,900
Mercedes-Benz C-Class Coupe
Mercedes-Benz C-Class Coupe
AED 239,900 - 459,300
BMW 4 Series Convertible
BMW 4 Series Convertible
AED 285,717 - 310,757
Audi TT Coupe
Audi TT Coupe
AED 195,000 - 307,500
Transmission Manual
Automatic
Automatic
Automatic
Manual
Engine 4998
3598
1991
1998
1984
Power 486Hp@7250rpm
300@6350rpm
184
184Hp@5000-6500rpm
268
Torque 567Nm@4900rpm
264@4800rpm
300 Nm
300Nm@1350-4000rpm
350 Nm
Currently Viewing

Trending Coupe

  • Upcoming
  • Chevrolet CORVETTE ZR1 hev
    Chevrolet CORVETTE ZR1
    Price coming soon
    Expected Launch Aug, 2025 Alert Me When Launched
  • BYD Yangwang U9 ev
    BYD Yangwang U9
    Price coming soon
    Expected Launch Aug, 2025 Alert Me When Launched
  • KOENIGSEGG CC850
    KOENIGSEGG CC850
    Price coming soon
    Expected Launch Sep, 2025 Alert Me When Launched
  • Karma Kaveya ev
    Karma Kaveya
    Price coming soon
    Expected Launch Jan, 2027 Alert Me When Launched
  • Karma Amaris phev
    Karma Amaris
    Price coming soon
    Expected Launch Jan, 2026 Alert Me When Launched
  • Audi A5 L hev
    Audi A5 L
    Price coming soon
    Expected Launch Aug, 2025 Alert Me When Launched
Upcoming Coupe Cars

Compare

You can add 3 variants maximum*