The first Ford Mustang GT 2024 production will be auctioned at Barrett-Jackson in Scottsdale, Arizona, on January 28. It was reported that all proceeds will go to JDRF, the global type 1 diabetes research and advocacy organization. It is the third generation of Mustangs VIN 001 which will be auctioned for charity. the first models Mustang Shelby GT500, Mustang Mach 1 and Mustang Bullitt were auctioned for a similar purpose. "Ford has a long tradition of supporting charitable organizations through the Barrett-Jackson auction, and we're proud to offer the new Mustang GT to support worthy causes like juvenile diabetes research." Jim Owens, Mustang's marketing manager, commented. Read More: They present the MegaRaptor 7, a pickup based on the F-250 Super Duty with aggressive design and powerful engine (+ Images) “This seventh generation is our most powerful Mustang GT to date, and the winning bidder will not only support a good cause, but will become the owner of the first Mustang GT.”, he added. The winner will be able to choose between any standard Mustang GT option, which includes: manual or automatic transmission, 11 colors, 18 to 20” wheels and brakes. Brembos in three shades. This product features a tuned 5.0-liter Coyote V8 engine capable of producing 480 hp and 415 pound-feet of torque. Although if the active valve exhaust system is chosen the values increase to 486 hp and 418 ib-ft, being the most powerful Mustang in history. Once the first model is delivered, regular production is expected to start this summer. Writing New Electric Autos Source: engine1