The First '07 Shelby GT500

Ford will auction the right to purchase the first Shelby GT500 coupe at the Barrett-Jackson event in mid-January in Scottsdale. Proceeds from the no-reserve sale will go to the Carroll Shelby Children's Foundation, and Shelby himself will personally greet the winning bidder at the auction on January 21.

The GT500, which goes into production later in the spring, gets an upgraded suspension and cabin and is powered by a 475-horsepower supercharged 5.4-liter V8 derived from the Ford GT. The first production car should be delivered in June.

Shelby is the oldest and longest-living double-organ recipient. He received a heart in 1990, and his son Mike donated a kidney to him in 1996. He created the Carroll Shelby Children's Foundation in October 1991 to provide financial assistance for acute coronary and kidney care for young people.
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