The first 2020 Mustang GT500 built will be auctioned off for charity, Ford has announced.
VIN 001 of the highly anticipated 2020 Mustang GT500 will be auctioned off at Barrett-Jackson in Scottsdale, Arizona on January 18th, 2019, with all proceeds going to help Juvenile Diabetes Research Foundation find a cure for the disease.
“JDRF always needs more muscle to help kids fight diabetes, so we are donating one of our heavyweights – the very first 2020 Shelby GT500,” said Ford president of global operations, Joe Hinrichs. “We have supported JDRF for many of its nearly 50 years, so we know there’s no easy cure. That is why we are using our most iconic vehicles to help researchers find cures and help millions of children live better lives until that day arrives.”
The sale will occur shortly after Ford debuts the 2020 Mustang GT500 at the 2019 North American International Auto Show in Detroit. The high-performance coupe will go on sale to the public in the fall of 2019.
Official details on the 2020 Mustang GT500 aren’t yet available, but rumors point to it making more than 700 hp from a supercharged 5.2-liter V8. The familiar Ford-GM co-developed 10-speed automatic transmission is expected to be present and rumors point to a six-speed manual transmission being offered as well.
“The 2020 Shelby GT500 draws on Carroll Shelby and Ford Motor Company’s many performance collaborations beginning with the Cobra roadster in 1962 that went on to win a world championship,” Ford said in a press release. “Together, they broke a European stranglehold on Le Mans, winning the most important sports car race in the world with the Ford GT40.”
From the sounds of it, the 2020 GT500 will not only be fast a straight line, but will also pull inspiration from Carroll Shelby’s road course cars and place a focus on grip and handling too. Check back to Ford Authority for more 2020 Mustang GT500 news following its debut next month and be sure to check out the gallery of spy photos below.