Seven figures across the board, but the Ford supercar took the cake in Arizona

It’s no secret that the collector car market is red hot right now, and that was clearly evident at the Barrett-Jackson auction in Scottsdale, Arizona this past weekend, where one of Ford’s finest crossed the block for a whopping $2.5 million.

The Blue Oval Struts Its Stuff

The First 2019 Ford GT Heritage Edition Beat the 2020 Ford Mustang Shelby GT500 and 2020 Toyota Supra at Auction
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Without a doubt, the Ford GT is one very desirable automobile.

Toss in a limited edition Gulf racing exterior livery, plus bragging rights for having the first-ever produced, and the desire grows even stronger, as evidenced by the final $2.5 price for the example sent to Arizona.

The GT’s sale followed hot on the heels of another Ford product that crossed the block in Arizona, namely the first example of the new 2020 Mustang Shelby, which sold for $1.1 million all by itself.

To help boost those numbers, Ford declared ahead of time it would donate all proceeds to charity, with cash collected from the Ford GT donated to the United Way for Southeastern Michigan, and the Shelby GT500’s proceeds donated to JDRF, which funds diabetes research.

Claiming ownership for VIN 001 of the 2019 Ford GT Heritage Edition was Rick Hendrick, whose name is attached to Hendrick Motorsports, a successful competitor in the Monster Energy NASCAR Cup Series.

The First 2019 Ford GT Heritage Edition Beat the 2020 Ford Mustang Shelby GT500 and 2020 Toyota Supra at Auction
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The GT’s Gulf livery is a nod to Ford’s win at the 1968 Le Mans 24-Hour endurance race, where the Americans managed to best the dominant Ferrari team in an epic battle on track.

This specific GT’s outstanding feature (beyond the VIN) is its orange and blue paint job, but it also comes with unique treatments to the doors, interior door panels, and identification plates, plus it gets raw carbon bits for the A-pillars, silver mirror caps, orange brake calipers, and 20-inch forged aluminum wheels. Inside, the GT Heritage Edition gets Ebony Alcantara for various surfaces, while anodized shift paddles and high-gloss trim bits round it out.

As a reminder, the 2019 Ford GT comes equipped with a twin-turbo 3.5-liter V-6 mounted in the middle of the machine. Output spins to a tune of 647 horsepower and 550 pound-feet of torque, with 60 mph arriving in 3 seconds. Top speed is pegged at 216 mph.

First 2020 Ford Mustang Shelby GT500 Sold For $1.1 Million
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As for the first 2020 Shelby Mustang GT500, Craig Jackson, CEO and Chairman of the Barrett-Jackson Company, issued the lucky winning bid.

“As a lifelong Shelby Mustang fan, it was especially exciting to be the winning bigger of the 2020 Shelby GT500 VIN 001,” Jackson said. “It’s a direct descendant of the Green Hornet and Little Red Mustangs and will be a welcome addition to my personal Shelby collection.”

As for the Mustang GT500’s performance, the pony car comes equipped with an extensive aero package, which includes a racy rear diffuser, vented hood, big fenders, bigger intakes, and a rear wing inspired by the Mustang GT4 racer. Motivation is derived from a supercharged 5.2-liter V-8 making well over 700 horsepower, all of which is sent to the rear axle via a seven-speed dual-clutch automatic transmission. The sprint to 60 mph is estimated to take around 3.3 seconds, with top speed estimated to be around 200 mph.

Someone Paid $2.1 Million To Score the First-Production Toyota Supra
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Ford wasn’t the only manufacturer in Arizona offering a first-edition model to the bidding public this weekend.

Toyota was also in attendance with the first-ever 2020 Supra, which sold for $2.1 million, a helluva lot more than its declared $49,990 starting MSRP. Like Ford, Toyota donated all of the proceeds to charity, specifically the American Heart Association and the Bob Woodruff Foundation. To help it stand apart from its standard counterparts, the Supra auctioned in Arizona was slathered in a shade of matte grey and came with a signature by Toyota CEO Akio Toyoda.

The Supra’s sale at Barrett-Jackson is timely beyond the release of the new fifth-gen model, as cherry fourth-gen production Supras are currently on the market for 100s of thousands of dollars. As a reminder, the fifth-generation model can hit 60 mph in 4.1 seconds thanks to a turbocharged inline six-cylinder engine making 335 horsepower and 365 pound-feet of torque. Top speed is electronically limited at 155 mph.

1962 Ferrari 250 GTO Becomes The Most Expensive Car Ever Sold in an Auction
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It’s impressive stuff all around, but these modern machines can’t compete with the outrageous prices attached to older collector cars. For example, just last year, a 1962 Ferrari 250 GTO broke the record for highest price for a car sold at public auction, trading hands for an incredible $48.4 million at RM Sotheby’s Monterey.

All told, these recent sales are a clear indication that the collector car market is still quite hot. We’ll se how long the enthusiasm lasts.

Ford GT Specifications

Engine 3.5-liter Twin Turbocharged EcoBoost V-6
Displacement 3,497 cc
Compression ratio 9.0:1
Horsepower 647 HP @ 6,250 RPM
Torque 550 LB-FT @ 5,900 RPM
Fuel economy city/highway/combined 11/18/14
Dry weight 3,054 Lbs
Top Speed 216 mph

Further Reading

2019 Ford GT Heritage Edition Exterior
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Read our full review on the 2019 Ford GT Heritage Edition.

2020 Ford Mustang Shelby GT500 Exterior
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Read our full review on the 2020 Ford Mustang Shelby GT500.

2020 Toyota Supra Exterior
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Read our full review on the 2020 Toyota Supra.

1962 Ferrari 250 GTO Becomes The Most Expensive Car Ever Sold in an Auction
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1962 Ferrari 250 GTO Becomes The Most Expensive Car Ever Sold In An Auction

The first 2019 Ford GT Heritage Edition with famed Gulf racing theme sold for $2.5 million just hours after the first 2020 Mustang Shelby GT500 was auctioned – Ford donating all $3.6 million in proceeds to long-time charity partners
$2.5 million from the sale of VIN 001 of the 2019 Ford GT Heritage Edition benefits United Way for Southeastern Michigan
The Shelby GT500 raised $1.1 million for JDRF, the leading global organization funding type 1 diabetes research, in addition to the $70 million the company has raised during a 35-year partnership, to research cures for kids with diabetes
SCOTTSDALE, Ariz., Jan. 19, 2019 – The Ford GT Heritage Edition with Gulf racing theme honors magical motorsport victories but now is racing to help Michigan families improve their lives as Ford donates the $2.5 million it earned at auction to support United Way for Southeastern Michigan. Rick Hendrick, Hendrick Motorsports owner, was the winning bidder.

The high-stakes return followed the auction of the first 2020 Mustang Shelby GT500 at the 48th annual Barrett-Jackson Collector Car Auction to total $3.6 million Ford will donate to two long-time charity partners. On Friday, VIN 001 of the 2020 Mustang Shelby GT500 raised $1.1 million to benefit JDRF, the leading global organization funding type 1 diabetes research.

“The chance to become the owner of the first 2019 Ford GT Heritage Edition with famous Gulf racing colors is an opportunity of a lifetime,” said Joe Hinrichs, Ford president, global operations. “More importantly, being involved in helping to raise much needed funds and awareness for United Way will help them improve the lives of families in Michigan.”

Hinrichs and Dr. Darienne Driver, president and CEO, United Way for Southeastern Michigan, drove the 2019 Ford GT Heritage Edition VIN 001 or lot No. 3012 across the auction block. Celebrating Ford’s 1968 Le Mans-winning race car with its original paint scheme, this Ford GT Heritage Edition features No. 9 graphics on the hood and doors, a ghosted image on the interior door panels, a unique serialized identification plate, and exposed carbon fiber inside and out.

“United Way for Southeastern Michigan improves lives and empowers families to succeed by uniting around education, economic prosperity and health,” said Driver. “Proceeds from the sale of this rare Ford GT supercar will bolster our efforts to ensure more families in underserved communities across southeast Michigan can access the resources they need to build a strong, equitable community.”

Friday evening, Edsel B. Ford II, Ford Motor Company board member, and Aaron Shelby, grandson of the legendary Carroll Shelby, energized the arena as they accompanied the all-new Shelby GT500 onto the block. Craig Jackson, CEO and Chairman of the Barrett-Jackson Company, now owns coveted lot No. 3008; he can choose from all available colors and options for this first-production Mustang Shelby GT500, which debuted at the North American International Auto Show in Detroit on Jan. 14. The car will be available this fall.

“Ford Motor Company has always championed and supported organizations that seek to improve the lives of people and communities who are at risk,” said Edsel B. Ford II. “We’re proud to have helped continue this tradition at the Barrett-Jackson Collector Car Auction in Scottsdale. Working with JDRF and United Way of Southeastern Michigan we helped raise much needed funds and awareness for these two wonderful organizations.”

Several historic new Ford vehicles have been sold with proceeds benefiting charity at the Barrett-Jackson auction in Scottsdale over the years.

“Over the last decade Barrett-Jackson, Ford and Shelby have teamed up to create some incredible moments in automotive history,” said Craig Jackson, CEO and Chairman of Barrett-Jackson. “As a lifelong Shelby Mustang fan, it was especially exciting to be the winning bidder of the 2020 Shelby GT500 VIN 001. It’s a direct descendant of the Green Hornet and Little Red Mustangs and will be a welcome addition to my personal Shelby collection. And while it’s an honor to be the owner of this very special Mustang, it’s more rewarding to know that Carolyn and I could contribute to JDRF’s noble fight against type 1 juvenile diabetes. We continued to build on that spirit of giving on Saturday with the sale of the 2019 Ford GT Heritage Edition VIN 001, which sold to benefit United Way of Southeastern Michigan.”

For more information about United Way for Southeastern Michigan, visit https://unitedwaysem.org/. Information about JDRF can be found at https://www.jdrf.org/. For auction information, visit the Barrett-Jackson website, or go to its Facebook page.

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