Barrett-Jackson 2020

2020 Ford Mustang Shelby GT500 VIN 001 featured at Barrett-Jackson alongside the Green Hornet, Little Red

Eileen Falkenberg-Hull
Jan 11, 2020, 2:20 pm

The 2020 Ford Mustang Shelby GT500 VIN 001 was sold last year at Barrett-Jackson Scottsdale. It will be on display this year.

Photo courtesy of Barrett-Jackson

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."

2020 Ford Mustang Shelby GT500 VIN 001 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.

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RM-Sotheby's

Someone paid $2.9 million for this 1971 Lamborghini Miura SV with a troubled history

This 1971 Lamborghini Miura SV sold for a high sum.

Photo courtesy of Automobili Lamborghini

This month, two 1970s-era Lamborghinis crossed the block, each achieving a record selling price. But, not all that glitters is gold. Both models have what RM-Sotheby's terms "a troubled history".

The 1971 Lamborghini Miura SV is chassis #4980. It has been certified as one of the 150 models produced. It was set apart from other Miuras by its different cam timing and altered 4x3-barrel Weber carburetors. Its 3.9-liter V-12 engine that was tuned to achieve 380 horsepower and 295 pound-feet of torque. When it was new, it rode on Pirelli Cinturato tires.

The year before the Miura SV debuted, Lamborghini development driver Bob Wallace modified a Miura to comfort to FIA's Appendix J racing regulations. Among the mods was the replacement of the the steel chassis and body panels with aluminum alloy versions. It as given the name "Miura Jota". The '71 Miura up for auction was altered to mimic this model during its life, but has recently been restored it its original trim.

1971 Lamborghini Miura SV

1971 Lamborghini Miura SV

Photo courtesy of RM-Sotheby's

Following its restoration the Miura SV received its certification from Lamborghini Polo Storico.

A 1977 Lamborghini Countach LP 400 with chassis #1120262 underpinning has a similarly troubled history. It was at one time owned by Rod Stewart, but that's not the trouble. It was a victim of multiple transformations (including the roof removal), before being restored to its original specifications.

The Miura SV fetched €2.4 million, the second highest value ever for a Miura SV, second only to one sold by Gooding & Co. in London last September. The Countach LP 400 went for €775,000.

"This is a pleasing but not surprising result, since it confirms a clear trend," says Paolo Gabrielli, Head of Aftersales at Automobili Lamborghini, which oversees the Polo Storico. Historical Lamborghinis are of increasing interest to the world's leading collectors, who are looking for the utmost respect for originality in their cars. The Polo Storico restoration program, alongside supporting top independent specialists through the provision of advice, documents and original spare parts, makes it possible to obtain restorations of the highest level and quality, which are appreciated by collectors and, consequently, by the market."

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Finances

Ford offers vehicle loan payment delay option for Texans affected by severe winter weather

Ford Motor Company's financial services arm is offering relief to its customers.

Photo courtesy of Ford Motor Company

Ford Motor Credit Company, the financial services arm of Ford Motor Company (NYSE: F) has activated a disaster relief program to allow customers affected by the recent serve winter weather in Texas. The program allows certain qualifying customers impacted by Winter Storm Uri to be able to delay monthly payments.

"We care about our customers and understand many of them are going through a very difficult time right now," said Shannon Mokhiber, vice president, North America Business Center Operations. "We want to help and are offering them some time to recover."

The offer, which extends the deadline for up to two monthly payments, is available only to Ford Credit customers in a Federal Emergency Management Agency (FEMA) -declared disaster area who are leasing or have purchased vehicles with financing from Ford Credit or Lincoln Automotive Financial Services. Over 60 Texas counties were part of FEMA's recent Texas Severe Winter Storms (DR-4586-TX). It is currently categorized as an active disaster.

Pedestrians walk on along a snow-covered street on February 15, 2021 in Austin, Texas. Photo by Montinique Monroe/Getty Images

Customers may initiate a payment deferral immediately using the Ford Credit Account Manager digital tool or may call this toll-free number: 1-800-723-4016. Customers in other areas who need help are encouraged to contact the company. The financial services company will send postcards and/or emails with information on how to request help to customers in the affected areas.

Nearly all Texans were at least somewhat impacted by the early February storm, which left left dozens of residents dead, millions without power, and nearly 15 million with water issues. "All 254 counties will have been impacted in some way by the freeze," Lee Loftis, director of government affairs for the Independent Insurance Agents of Texas, told The Texas Tribune. "That is just unheard of."

Houstonians are also able to receive additional relief for disaster-related issues. The Harris County Appraisal District announced that Houstonians whose home saw at least 15 percent damage and who live in a disaster-declared area are entitled to a temporary exemption of a portion of the appraised value of the property, according to CultureMap reporting.

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