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TopGear.com.ph Philippine Car News - First retail-production all-new Ford Mustang unit fetches $300,

In December, we reported that Ford would be auctioning the first retail production unit of the all-new Mustang at the Barrett-Jackson event in Scottsdale, Arizona. Well, the auction took place last weekend and the car was snapped up for $300,000 by car collector and Ford dealer Sam Pack.

As we reported then, the proceeds of the auction will go to JDRF, a global organization that funds type 1 diabetes research. According to Ford, including the Mustang's sale, the American carmaker has increased its charity vehicle sales for the organization to more than $3.5 million.

"We are thrilled with the result of the auction," said JDRF chairman John Brady. "The enthusiasm and generosity of Ford Motor Company and Barrett-Jackson Auction Company are appreciated by the JDRF family and all those living with type 1 diabetes. The $300,000 raised tonight will get us closer to a world without type 1 diabetes."

As for Pack, he gets to choose if his 2015 Ford Mustang GT will have either a manual or automatic transmission, and pick from any interior and exterior color combination offered for the model. In addition, the team involved in the Mustang's design and development will sign the car in appreciation of the donation to JDRF.

"The response to the all-new Mustang GT on the auction block was remarkable," said Ford Motor Company group vice president for global product development Raj Nair. "People were drawn to the opportunity to own this historic car, while also knowing the funds would benefit JDRF. We’re pleased to continue this collaboration in the fight to cure type 1 diabetes."

Well done, Ford.

 

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