Skip to main content

First Shelby GT350R Mustang auctioned for a whopping $1 million

The GT350R Mustang may have been overshadowed by the stunning Ford GT at the Detroit Auto Show, but let’s not forget: this Shelby is the most track-capable road-going Mustang built.

Ever.

The aggressive pony car wears a magnetic suspension system, the first Mustang to do so, and the high-performance flat-plane crank V8 was developed specifically for this special edition car.

It’s no surprise, then, that when the first GT350R was listed at the Barrett-Jackson Scottsdale auction in Arizona, it garnered top dollar.

VIN #001 was sold for a $1 million at the event, with all proceeds going to the Juvenile Diabetes Research Foundation (JDRF). Ford CEO Mark Fields reportedly drove the car into the arena and who added an extra $150,000 for the JDRF.

Ford first partnered with the foundation in 1983, and has since raised millions of dollars for type 1 diabetes research. In January, Ford teamed up with the JDRF to auction off the inaugural 2015 Mustang GT, which raised $300,000.

The Mustang’s 5.2-liter V8 produces upwards of 500 horsepower and 400 pound-feet of torque, making it the most powerful naturally aspirated engine Ford has ever produced. It also saves 130 pounds over the already extreme GT350 by chucking the air conditioning, radio, back seats, while wearing super light carbon fiber wheels as standard.

Barrett-Jackson’s Scottsdale auction saw over 1,600 vehicles sold in total, another of which was a 1966 Shelby Cobra 427 Super Snake that fetched $5.1 million.

The Shelby GT350R will be built in very limited qualities and will be available in North America later in 2015.

Topics
Andrew Hard
Former Digital Trends Contributor
Andrew first started writing in middle school and hasn't put the pen down since. Whether it's technology, music, sports, or…
The Kia EV3 could be the cheap electric SUV we’ve been waiting for
White Kia EV3

The Kia EV9 was already one of the cheapest ways to get an electric SUV, but now the company is taking things to the next level. After teasing the Kia EV3 last year, the car is now official.

The EV3 is built to be a slightly smaller, cheaper version of the EV9 -- following the path of the Rivian R2, which arrived after the Rivian R1S. It's certainly not as technologically advanced as the EV9, but it still looks unmistakably like a modern Kia, and is clearly a sibling of the larger SUV. On the outside, the vehicle has the same split taillights and very similar Tiger Face front. But it is quite a bit smaller. The vehicle will be available in nine finishes -- however only "Aventurine Green" and "Terracotta" are being announced right now.

Read more
Kia EV3: release date, performance, range, and more
White Kia EV3

Kia is on a roll. Hot on the heels of the success of the Kia EV6 and EV9, the company is already announcing what could be its cheapest electric vehicle yet -- the Kia EV3.

The Kia EV line seems to follow the rule of lower numbers indicating a lower price — and if so, the EV3 will end up being the cheapest electric car Kia has released to date. That, however, thankfully doesn’t mean that the EV3 will be a low-end car — it just means that Kia may be pushing the boundaries on electric car pricing.

Read more
Kia EV3 vs Tesla Model Y: Can Kia’s new entry-level car take on Tesla?
White Kia EV3

The Kia EV3 is finally coming, and it could well end up being the best small-size electric SUV to buy when it finally rolls out. It's smaller than the Kia EV9, but it offers many of the same design elements and features. But there's another small-size electric car that's currently one of the most popular vehicles out there -- the Tesla Model Y.

How does the Kia EV3 compare with the Tesla Model Y? And is one vehicle actually better than the other? We put the Kia EV3 and the Tesla Model Y head-to-head to find out.
Design
The design of the Kia EV3 is very different than that of the Model Y, though they're both reasonably good-looking vehicles.

Read more