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US:Up For Bids: The First '07 Shelby GT500

Up For Bids: The First '07 Shelby GT500

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Some lucky rich person will get to buy the first 2007 Shelby Cobra GT500; Ford and Barrett-Jackson are auctioning off the right to buy the first one. Proceeds of the auction go to the Carroll Shelby Children's Foundation.

SCOTTSDALE, Arizona — If you really must be the first kid on the block to own the new 2007 Mustang Shelby GT500, Ford Motor Company and Barrett-Jackson, the Arizona auction folks, have a solution.

Ford will auction the right to purchase the first Shelby GT500 coupe at the Barrett-Jackson event in mid-January in Scottsdale. Proceeds from the no-reserve sale will go to the Carroll Shelby Children's Foundation, and Shelby himself will personally greet the winning bidder at the auction on January 21.

The GT500, which goes into production later in the spring, gets an upgraded suspension and cabin and is powered by a 475-horsepower supercharged 5.4-liter V8 derived from the Ford GT. The first production car should be delivered in June.

Shelby is the oldest and longest-living double-organ recipient. He received a heart in 1990, and his son Mike donated a kidney to him in 1996. He created the Carroll Shelby Children's Foundation in October 1991 to provide financial assistance for acute coronary and kidney care for young people.

What this means to you: Here's a little something special you won't find in the Neiman Marcus Christmas catalog.

My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.

My next Ford.....
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