Barret-Jackson donated all proceeds from the charity auction to Hurricane Ian relief.
The auctioneers at Barrett-Jackson are known for auctioning cars off for charity.
It sold the first-ever Cadillac Escalade V for over $500,000 to benefit the Pensole Lewis College of Business & Design. It also sold the first-ever Bronco Raptor for $350k, helping Outward Bound (an international network of outdoor education organizations) and the National Forest Foundation.
This time, a Shelby GT500 Heritage Edition was sold for a massive $1,000,938. The car was donated by "private individuals" and auctioned off to benefit relief efforts post-Hurricane Ian. We'd say seven figures should go a long way to accomplishing that goal.
How the car got to that seven-figure sum is pretty interesting.
Initially, the car sold for $400K. For reference, Heritage Edition cars have an MSRP of $79,400. Later in the day, donations from the audience brought the "sale" price to $650,000. Here's the best part. The buyer then decided to donate the car again.
This time, the car raised another $300K on top of its starting price (now set to $650K for those keeping track). It's a lot of money to pay for a GT500, but that's the point. It's not so much about the car but supporting the victims of Hurricane Ian.
For once, we're stoked that a car sold at a ridiculously inflated price.
The new owner gets not only a 760 horsepower supercharged V8 but also plenty of cool Shelby nods.
Heritage Edition models come finished in Brittany Blue paint and contrasting Wimbledon White striping. The theme carries over to the interior, which you can see below.
Ford has also chipped in to help with Hurricane Ian relief, launching multiple initiatives to help victims. The Ford Fund has donated cash to relief efforts, and Ford Pro has sent trucks to transport displaced families and supplies. It sent both the F-150 and the E-Transit van to power relief efforts.
Ford has also deferred up to two payments for customers affected by the recent hurricane.