The very first model of the most powerful factory Mustang ever was auctioned tonight for $1.1 million as it goes for the famed muscle car’s biggest win ever – trying to help researchers cure children with type 1 diabetes. Craig Jackson, chairman and CEO of Barrett-Jackson, was the winning bidder.

Arriving this fall, all-new 2020 Mustang Shelby GT500 is the most powerful street-legal Ford ever with a supercharged 5.2-liter V8 producing more than 700 horsepower.

Latest Ford news from the 2019 North American International Auto Show.

Arriving this fall, all-new 2020 Mustang Shelby GT500 is the most powerful street-legal Ford ever with a supercharged 5.2-liter V8 producing more than 700 horsepower.

Inside Ford’s new Advanced Manufacturing Center, an engineer stands in front of a 3D printing machine churning out brake parts for Ford’s soon-to-be-introduced Shelby Mustang GT500. Across the room, two team members strap on virtual reality headsets to design and simulate production lines, while another is working alongside a collaborative robot, programming a safer way to install a vehicle part.

Ford news from the Specialty Equipment Market Association show in Las Vegas.

Donning a fire suit and helmet, strapping into a 500-plus-horsepower race car and taking it onto a test track to top out at more than 190 mph is part of an average workday for an elite squad of Ford’s high-performance driving engineers.

Ford is celebrating the production of its 10 millionth Mustang – America’s best-selling sports car of the last 50 years and the world’s best-selling sports car three years straight.

2019 Ford Mustang

To improve the new Ford Mustang Shelby® GT350 driver confidence and lap times, Ford Performance leveraged its Mustang road course racing programs and all-new upcoming Shelby® GT500, infusing GT350 with the very latest in track and street technology.