The Carroll Shelby Children’s Foundation (cscf.org) raised more than $1 million for the charity devoted to children’s organ transplants and research, at the 2006 Barrett-Jackson Collector Car Auction in Scottsdale, Arizona. “I’d like to thank all the thousands of big-hearted people who reached into their wallets to help us out,” said Shelby. “By purchasing tickets and bidding at the auction, each of them will help us in our efforts to provide assistance to those children whose families might not be able to afford the procedures, as well as donate funds to further research in this area. I just want everyone to know that those donations will help us make a huge difference in the lives of these deserving youngsters.”
Think there’s no such thing as a modern collectible? Think again. The B-J crowd got a little nuts as bidding began on the first public 2007 Ford Shelby GT500 offered for auction. Ford teamed up with Barrett-Jackson to auction off the rights to purchase the first 475-horsepower Ford Shelby GT500 when this model goes into production later this summer. The final hammer price was $600,000, again with all proceeds going to benefit the Foundation–impressive for a new Mustang that’ll carry a base MSRP of around $42,000. Edsel Ford II joined Shelby on the auction block as the car was sold.
Also announced was the winner of the Win-a-Cobra Raffle. Gary Goudie of Knoxville, Illinois–a Shelby fan who currently owns two original Shelby GT350Hs–gets to add Carroll Shelby’s personal aluminum-bodied Shelby Cobra CSX 1000 to his collection. $485,000 worth of tickets were sold for the charity raffle, with all proceeds benefiting the Foundation.
To complete the million-dollar day, when a 1966 Shelby Cobra CSX3000 Roadster (Lot 1291) sold for $594,000 during the Barrett-Jackson auction, the seller, Melvin Jones, agreed to donate 20 percent of the final auction price above $350,000–or approximately $50,000–to the Foundation. After the sale concluded, the buyer of the Cobra, Michael Armand, agreed to match Jones’s $50,000 donation.
“The Carroll Shelby Children’s Foundation thanks Ford Motor Company, and Craig Jackson and Steve Davis of Barrett-Jackson, for coordinating the auction of the first GT500, as well as Mr. Armand and Mr. Jones and the thousands of Shelby fans who purchased tickets for the Win-a-Cobra Raffle,” said Jenni Shreeves, executive director.
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