The Hagerty Fantasy Bid has catapulted since its inception in 2005, with bids coming in at 10 times the amount of the original game, and its latest offering illustrates this popularity. At the Barrett-Jackson Collector Car Scottsdale Auction, Speed TV will be on hand to give away a special edition Ford->ke31 Racing Champions Shelby GT500. All you have to do is make a bid during the Hagerty Fantasy Bid Game and you will be automatically entered into the drawing. The winner will be chosen by random drawing from the Fantasy Bid players.

But let's get back to the actual car that's up for grabs. The Ford Racing Champions Shelby GT500 Special Edition Mustang was given a few exterior aerodynamic and stylish upgrades, but it still features the standard 5.4-liter V8 engine. The engine, however, has been souped up with a Ford Racing Supercharger kit to take the standard 550 HP all the way up to 750 HP. This engine is then combined with a six-speed manual transmission that succeeds in sending the power to the rear wheels and a new, intense-environment C&R Racing cooling system and a 3.5-inch aluminum drive shaft.

The handling of power is achieved through a high-performance handling pack with Dynamic Suspension’s front-and-rear adjustable shocks, lowering springs, and stabilizer bars in the front and rear. Additionbally, stopping power will be acquired through the use of an upgraded Wilwood brakes package featuring 14-inch drilled, slotted rotors and six-piston forged billet calipers on the front, and 12-inch rotors and four-piston forged billet calipers at the rear.

Details on how to enter your bid during the Hagerty Fantasy Bid Game can be found after the jump.

2012 Ford Racing Champions Shelby GT500 Special Edition Mustang

Specifications
  • Make: Array
  • Model: 2012 Ford Racing Champions Shelby GT500 Special Edition Mustang
  • Engine/Motor: V8
  • Horsepower: 750
  • Transmission: six-speed manual transmission
  • [do not use] Vehicle Model: Array

Direct from Speed TV's Press Release:

To play the Hagerty Fantasy Bid Game, log onto SPEED Fantasy Bid to create an entry. Contestants can also enter via mobile device by sending an SMS text message to “773333” (SPEED 3) with a “fantasy bid” during applicable bidding times. To place a bid, enter the amount in dollars without punctuation. The winner is determined as follows: the first eligible entrant whose Fantasy Bid is the same as or comes closest to the final “gaveled” sales price without going over any of the selected vehicles. Winners are awarded points to determine each daily prize winner.

Players are awarded points at the completion of each fantasy bid car and each daily session. The player amassing the most points throughout the four days of Hagerty Fantasy Bidding is declared winner of the Grand Prize – a 60-inch Samsung 3D High-Definition television. The runner up in overall points wins a $500 Amazon.com gift certificate with the third-place overall finisher receiving a Kindle Fire Multi-touch. Daily prizes are also awarded for the players who accumulate the most points per day claiming a $500 fuel card, as per-car prize winners collect a 16-gigabyte Apple iPad2.

SPEED live coverage and the Hagerty Fantasy Bid game schedule for the 2012 Barrett-Jackson Collector Car Auction in Scottsdale (All times Eastern; schedule is subject to change):

Tuesday, Jan.17, through Thursday, Jan 19 – 7 p.m. to midnight.

Friday, Jan. 20, and Saturday, Jan. 21 – 2 p.m. to midnight.

Sunday, Jan. 22 – 2 to 6 p.m.

During these times alternate viewing cameras can be seen online at SPEED.com.