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First 2020 Mustang Shelby GT500 Vehicle Sold For $1.1 million

The very first 2020 Ford Mustang Shelby GT500 car has been auctioned for $1.1 million. Barrett-Jackson’s Chairman and CEO, Craig Jackson, won the bid. It has become the largest win ever for the iconic muscle car.

Barrett-Jackson Collector Car Auction in Scottsdale was organized to help type 1 diabetes researchers. The 2020 Shelby GT500 (VIN 001) with over 700-hp output was one of the bids. Its auction price was $1.1 million!

For comparison: the 2019 Mustang Shelby GT350 costs from $59,140, the regular 2019 Ford Mustang – from $26,395. It is still unknown how much the 2020 Mustang Shelby GT500 VIN 002 and following cars will cost.

The 2020 Mustang Shelby GT500 draws on Carroll Shelby and Ford achievements, which began with the Cobra roadster in 1962 winning the world championship. Team work helped them to break the European stranglehold on Le Mans. They won the most important sports car race in the world with the Ford GT-40.

2020 First 2020 Mustang Shelby GT500 VIN #001

When Ford Motor Company asked Shelby to turn their new Mustang into a race winner for the 1965 model year, a small block Ford Shelby GT350 appeared. In 1967, a large block Ford Shelby GT500 was introduced, which became a star among fans around the world.

Ford and Shelby announced a new-generation Ford Shelby GT500 in 2006. The first 2007 model available to the general public was sold at Barrett-Jackson in Scottsdale.

The 2020 Ford Mustang Shelby GT500 will be available in Noth America in fall 2019 in limited quantity.

Source: Ford

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