Share

First Mustang GT fetches R3.2m

SCOTTSDALE, Arizona - US car collector and Texas Ford dealer Sam Pack paid R3.2-million to own the first retail production unit of the new Mustang GT at Barrett-Jackson Auction Company’s sale in Scottsdale, Arizonza.

The purchase helped Ford increase its charity vehicle sales to more than R38-million for the Juvenile Diabetes Research Foundation (JDRF), a leading diabetes research organisation and a Ford partner since 1983.

IMAGE GALLERY: 2014 Ford Mustang
VIDEO: Making of the new Ford Mustang

Pack will choose either a manual or auto as well as any interior and exterior colour combination offered on the Mustang GT. The team behind the Mustang design and development will sign the car.

'FIGHT FOR A CURE'

Ford group vice-president Raj Nair said :“The response to the all-new Mustang GT on the auction block was remarkable. People were drawn to the opportunity to own this historic car while knowing the money would benefit JDRF.

“We’re pleased to continue this collaboration in the fight to cure Type-1 diabetes.”

Also on auction was a Shelby GT500-inspired 1956 Ford F-100, sold for an impressive R4.9-million, bought by Gordie Broda of Saskatchewan, Canada.

JDRF chairman John Brady  said: “We are thrilled with the result of the auction. The enthusiasm and generosity of Ford and Barrett-Jackson is appreciated by the JDRF family and all those living with Type-1 diabetes.

“The R3.2-million raised tonight will get us closer to a world without the disease.”

FORD 'SNAKEBIT' HELPS KIDS

The future Children’s Hospital of Saskatchewan received a large donation through the sale of a 1956 Ford F-100 or “Snakebit", as the bakkie is known. It is a blend of street rod styling with influences from the iconic Ford Shelby GT500. It has a supercharged 5.4 V8 exhaling 410kW.

The sale was made possible through the Wheels of Dreams Project, a unique collaboration involving KISS bassist and Rock 'n Roll Hall of Fame inductee Gene Simmons, his wife Shannon Tweed-Simmons and businesses including the Saskatchewan Ford dealer association.

The Wheels of Dreams Project was created to raise money for the Children’s Hospital of Saskatchewan.

HEADED FOR SA

South African fans of the iconic muscle car can look forward to the redesigned version arriving in 2015. The Mustang will be part of a local model assault as Ford plans to launch 15 new vehicles in SA by 2017.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE