Ford Raises Millions Auctioning Off New Super Cars
Charities around the country got a big boost in funding recently thanks to two Ford super cars that were auctioned off for millions of dollars. First up was the 48th annual Barrett-Jackson Collector Car Auction, an event that included an auction for the first-ever 2020 Ford Mustang Shelby GT500. A 2019 Ford GT Heritage Edition with the famed Gulf racing theme was also auctioned off at a separate event, with the two auctions combining to raise $3.6 million dollars. For more on the auctions and what the money is being used for, let’s take an in-depth look at how Ford raised millions auctioning off these two new super cars.
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2019 Ford GT Heritage Edition Raises $2.5 Million for the United Way
In a battle of which super car can raise the most money for charity, the 2019 Ford GT Heritage Edition took the top prize thanks to it being auctioned off for $2.5 million. This money was donated to the United Way for Southeasten Michigan.
“United Way for Southeastern Michigan improves lives and empowers families to succeed by uniting around education, economic prosperity and health. 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.” – Dr. Darienne Driver, President and CEO, United Way for Southeastern Michigan
2020 Ford Mustang Shelby GT500 Raises $1.1 Million to Combat Juvenile Diabetes
Another $1.1 million was raised to benefit the Juvenile Diabetes Research Foundation by auctioning off the first-ever 2020 Ford Mustang Shelby GT500.
“For 35 years, Ford Motor Company has fueled the efforts of JDRF researchers to find a cure, while helping millions of children enjoy better lives. The proceeds from this car will add to the more than $3.5 million Ford contributes to JDRF annually, for a total of $70 million donated during our long-time partnership.” – Edsel B. Ford II