Last year during the Barrett-Jackson Scottsdale Auction, Carolyn and Craig Jackson, chairman and CEO of Barrett-Jackson, bid $1.1 million to claim the 2020 Ford Mustang Shelby GT500 VIN 001. The model will join the 1968 GT500 prototype known as "Green Hornet" and its predecessor, the 1967 Shelby Mustang prototype known "Little Red," for an exclusive display at the 2020 auction.

Proceeds from the 2020 Shelby GT500 sale benefitted the Juvenile Diabetes Research Foundation.

"This first production 2020 Mustang Shelby GT500 is a significant piece of American performance history," said Craig Jackson. "The independent rear suspension, four-wheel disc brakes and electronic fuel injection engineered on this car were pioneered by Carroll Shelby over 50 years ago. He tested and developed these same experimental components on his 1968 EXP500 prototype, Green Hornet, but they were not standard in a GT500 until 2020. It's an incredible honor for Carolyn and me to be entrusted with these important vehicles and to have supported efforts to find a cure for juvenile diabetes."

The 2020 Ford Mustang Shelby GT500 VIN 001 and Green Hornet share a Candy Apple Green metallic paint job.Photo courtesy of Barrett-Jackson

As the winning bidder, the Jacksons were given the opportunity to customize their model. They chose to match the car's paint job to the Green Hornet's Candy Apple Green metallic color.

All three models will be featured in an upcoming documentary produced by Jackson. The film will be released this year and chronicle the stories behind the search, discovery, research and restoration efforts with a team of experts over the last decade for the Green Hornet and Little Red.

"Carroll Shelby's racing technology and innovations, like those found on Little Red and Green Hornet, were far ahead of their time," said Steve Davis, president, Barrett-Jackson. "These two incredibly unique vehicles led the way for some of the most important advancements in American performance and racing. The visionaries behind these advancements, like Carroll Shelby, not only impacted the cars of their generation, but have significantly influenced today's performance vehicles."

Barrett-Jackson Scottsdale runs January 11-19.