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2020 Ford Shelby Mustang GT500 VN 001 To Hit Auction

Ford is auctioning off the first ever 2020 Ford Shelby Mustang GT500 right after it debuts at the Detroit Auto Show.

The very first 2020 Ford Shelby Mustang GT500 will be auctioned off after its debut at the Detroit Auto Show.

A new year on the horizon means new cars, and new cars mean more charity auctions that you can throw a stick at. Toyota recently announced that the very first new Supra to hit American soil in over 20 years would be auctioned off at the 2019 Barrett-Jackson event in Scottsdale, Arizona, and now Ford is saying that their first brand new Mustang GT500 will also be auctioned at the very same event.

The auction will take place January 18, 2019, with the Mustang on lot No. 3,008. Unlike the A90 Supra, which will come in black, grey, and red exterior colors and fully assembled, Ford will auction off a blank slate for their GT500. The winning bidder will be able to customize their Mustang with all available color and interior options so they take it home exactly as they’d want it.

However, while you’ll be able to take the Toyota home shortly after bidding on it, the Mustang won’t be delivered for quite a few months. Ford says that the GT500 won’t hit dealers until the fall of next year, so patience will definitely be a virtue on this auction.

RELATED: THE FIRST 2020 TOYOTA SUPRA TO HIT AUCTION IN EARLY 2019

We don’t get much more out of Ford’s press release other than it will “make 700-plus horsepower,” which either contradicts or corrects the last teaser Ford gave us saying that the GT500 will have over 650 horsepower. All previous rumors pointed to a 700+ horsepower pony car, so we’re hoping that the previous teaser was a gaffe and that the 5.2-L supercharged V8 under the hood does indeed produce more than 700 hp.

It’s still widely expected to come with either a 10-speed automatic or 7-speed dual-clutch, although some report that a 6-speed manual will also be an option.

All proceeds for the auction will go towards helping the Juvenile Diabetes Research Foundation, which Ford already gives $2 million on an annual basis. The Supra’s auction will go to helping the American Heart Association and the Bob Woodruff Foundation.

Now the only question is which one will fetch the higher price: the Supra or the Mustang?

NEXT: FORD WILL 3D-PRINT BRAKES FOR SHELBY MUSTANG GT500

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