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BARRETT-JACKSON TO AUCTION THE
RIGHT TO THE FIRST 2007 FORD SHELBY GT500 COUPE AVAILABLE TO THE
Proceeds from Special Sale to
Benefit the Carroll Shelby Childrens Foundation
Ford Motor Company will auction
the right to purchase the first 2007 Ford Shelby GT500 coupe
available to the public during the 2006 Barrett-Jackson Collector
Car Event in Scottsdale, Ariz. Mr. Shelby is scheduled to greet
the winning bidder of the auction, which will be conducted on
Saturday, January 21, 2006. Proceeds from the no-reserve sale
will benefit the Carroll Shelby Childrens Foundation and a
GT500 prototype will be displayed throughout the 35th anniversary
event from January 14-22, 2006.
We have a long and
distinguished history working with Carroll Shelby, said
Craig Jackson, President and CEO of the Barrett-Jackson Auction
Company. Only Ford and Shelby American have sold more
genuine Ford-powered Shelby vehicles than the Barrett-Jackson
auction over the past thirty five years. Im proud that Ford
Motor Company and Carroll Shelby chose to offer the first 2007
Shelby GT500 coupe at our auction, where only the finest,
authentic Shelby vehicles are offered to the public. The winner
will receive the car as part of their bid when the Shelbys are
available in 2006.
Shelby, who celebrated his 80th
birthday at a gala conducted in his honor at Barrett-Jackson in
2003, reinvented the performance world with his Cobras and
Mustangs in the 1960s. The automotive icon reunited with Ford
later that year developing enhanced editions of the companys
The new Shelby GT500 is an
amazing American car that will offer fantastic performance,
said Carroll Shelby, founder of Shelby Automobiles. Its
fitting that Ford would choose to offer the first one available
to the public at Barrett-Jackson, Americas auction house,
which has helped raise so much money for charities over the years.
This will be a rare opportunity to own a very special car while
also helping so many children that desperately need medical
The GT500 will feature upgraded
suspension, brakes and interior. However, it is the cars
heart that makes it truly special. The Shelby's supercharged 5.4-liter,
32-valve V8 is based on the engine in the Ford GT, making it the
most powerful factory-built Mustang in history. Projected to
churn out over 475 HP with 475 ft. lbs of torque, the car will
have a higher factory rating than the 1969 Mach 1 428 Super Cobra
Jet or legendary 1969 Boss 429. The first GT500 is expected to be
available in June 2006.
Carroll Shelby has enjoyed success
in virtually every sports car and formula series in the world. In
1959, he won the famous 24 Hours of Le Mans and was named Sports
Car Illustrated's "Driver of the Year." Retiring from
racing due to a heart ailment, he founded Shelby American and
created the Cobra sports car in 1962. He was responsible for the
Shelby GT350 and GT500 in 1965 through 1970.
Mr. Shelby is the oldest and
longest living double organ recipient. He received a heart in
1990 and then his son Mike donated a kidney to him in 1996. He
created the Carroll Shelby Children's Foundation (www.shelbychildrensfoundation.org)
in October 1991. The organization is dedicated to providing
assistance for acute coronary and kidney care for young people.
Barrett-Jackson continues to set
the standard for the collector car market by elevating
consignment standards, breaking records and serving as the
barometer for market trends. Last year, the company conducted its
most successful car auction to date, breaking records in numerous
categories, including overall attendance and sales in world-class
street rods, muscle, sports and classic cars during the 34th
annual Barrett-Jackson Worlds Greatest Collector Car
Event. Each event is broadcast on the SPEED Channel
About The Barrett-Jackson
Established in 1971 and headquartered in Scottsdale, Ariz.,
Barrett-Jackson specializes in providing products and services to
classic and collector car owners, astute collectors and
automotive enthusiasts around the world. The company produces the
Worlds Greatest Classic Car Event in
Scottsdale, Ariz., and has expanded to other venues, including
Palm Beach, Fla. For more information about Barrett-Jackson,
visit www.barrett-jackson.com or call (480) 421-6694.