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2003 Ford Mustang GT Concept – Click above for high-res gallery

Ahh, Barrett-Jackson. What would it be without a charity Mustang going up for auction? In the case of the upcoming event in Palm Beach in April, there will actually be three historic Mustangs going across the block with all proceeds being donated to worthy causes. First up is lot #665, the first retail 2010 Shelby GT500 that was initially supposed to be auctioned at the Scottsdale event back in January. The car comes in Kona Blue with white stripes, a color combination specifically chosen by Carroll Shelby.


2003 Ford Mustang Convertible Concept – Click above for high-res gallery

The real news, however, is the sale of two Mustang concepts that ushered in the current retro design of the S197 platform with their debut at the 2003 Detroit Auto Show. As much as we like the styling of the production car, looking at the photos reminds us how much we loved the concepts even more. Each features a supercharged 400-horsepower V8, 5-speed transmission and Brembo brakes, although we doubt either can be registered for road use. The Mustang concepts are being sold as separate lots, but we'd hope that any potential buyers would bid on both to keep the cars together. More details about the cars and the Palm Beach auction in the press release after the jump.



[Source: Barrett-Jackson]

PRESS RELEASE:

WEST PALM BEACH, Fla., March 16, 2009 – Ford Motor Company will celebrate the 45th anniversary of the Mustang by auctioning the first retail 2010 Ford Shelby GT500 and a pair of Mustang GT concept cars during the 7th Annual Barrett-Jackson Palm Beach Collector Car Auction on April 9-11, 2009. The three historic Mustangs will be sold for charity and are among 400-plus collector vehicles to be auctioned at No Reserve during the automotive lifestyle event at the Americraft Expo Center at the South Florida Fairgrounds. SPEED will provide live, high-definition TV coverage of the auction once again.

"It's rare for a concept vehicle, especially one as iconic as the Ford Mustang, to be sold to the public," said Craig Jackson, Chairman/CEO of Barrett-Jackson. "Giving enthusiasts an opportunity to take home the ultimate keepsake is an admirable way to mark the 45th anniversary of the Mustang, which will be celebrated a few days after our event."

All proceeds above MSRP from the sale of the Shelby GT500 will be donated to The Carroll Shelby Children's Foundation. The two Mustang concepts will be auctioned to benefit the Juvenile Diabetes Research Foundation.

"During the last three years, Ford and Barrett-Jackson have raised more than $2 million for charity through the auction of Ford vehicles," noted Mark Fields, Ford Motor Company's president, The Americas. "Ford and Barrett-Jackson will continue this important tradition at this year's Palm Beach auction. The winning bidders for these fantastic Mustangs will be contributing to worthy causes while purchasing automotive history."

The first 2010 Ford Shelby GT500 (Lot #665) is the latest in high-performance cars and features a color scheme and equipment personally chosen by Carroll Shelby. Clad in Kona Blue with white stripes, this GT500 has world-class handling, aggressive styling, and extreme levels of horsepower and torque that are unparalleled in its segment.

The two Mustang concepts on the Barrett-Jackson Palm Beach docket debuted at the 2003 North American International Auto Show in Detroit and have traveled to more than 50 auto shows around the world. The fresh design foreshadowed a new direction for the 2005 model year that is still relevant in today's Mustangs.

The Redline Red Metallic Ford Mustang GT convertible concept (Lot #655) features a distinct "showbar" with a rim of billet-aluminum trim picking up where the instrument panel and console trim leave off. The dazzling red car is pure muscle from its 20-inch wheels and cross-drilled Brembo brakes to the sharp accent line that runs the length of the body and culminates in a "C-scoop" behind the door cutline. The convertible's interior, awash in supple red and charcoal leather, includes perforated surfaces on the seat backs, as well as a billet-aluminum shifter for the 5-speed automatic transmission, 4-point racing-style seatbelts and unique instrument gauges that resemble a fine watch with its face removed.

"This car began with a significantly modified Ford Thunderbird rear-wheel-drive architecture," noted Steve Davis, president of Barrett-Jackson. "The platform was sectioned to achieve the proper proportion and the front-end geometry is all original. This is truly a piece of history that represents the transition to an entirely new Mustang."

The Tungsten Silver Ford Mustang GT coupe concept (Lot #655.1) has a glass roof and lush red and charcoal leather interior accented by billet-aluminum hardware. Its upward rake angle makes the car appear to be in motion even while at a standstill. The styling matches its convertible sibling. The functional hood scoops help the supercharged engine breathe as it churns out nearly 400 horsepower.

About The Barrett-Jackson Auction Company

Established in 1971 and headquartered in Scottsdale, Ariz., Barrett-Jackson specializes in providing products and services to classic and collector car owners, astute collectors and automotive enthusiasts around the world. The company produces the "World's Greatest Collector Car Events™" in Scottsdale, Palm Beach and Las Vegas. For more information about Barrett-Jackson, visit www.barrett-jackson.com or call (480) 421-6694.


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  • 16 Comments
      • 6 Years Ago
      No purpose bidding on these, Ron Pratt will buy all 3 for C.O.D.
      • 6 Years Ago
      Didn't they make this concept after the 05 design was finalized and starting production?
      • 6 Years Ago
      Have they added independent rear suspension yet?
        • 6 Years Ago
        "You're not supposed to take corners fast in a Mustang."



        LMAO !
        • 6 Years Ago
        You're not supposed to take corners fast in a Mustang.
        • 6 Years Ago
        "Have they added independent rear suspension yet?"

        Have you moved away from front wheel drive yet? I am betting no, so this till kicks your cars ass.
        • 6 Years Ago
        Actually no, I drive a 4wd car. Buzz off, I was merely asking a simple question, no need to get insecure and defensive about the size of your... engine.

        Solid rear axles are a thing of the past, cars are meant to be driven around corners fast, how are you going to get anywhere if you can't take a corner? Independent is the way to go, most half-decent cars have it nowadays.
      • 6 Years Ago
      When is the Giugiaro Mustang going up for sale? That is THE concept to buy!!
      • 6 Years Ago
      That silver concept coupe would have restored my old mustang fanaticism, from when I was in High-School.

      That would be a NICE car to have.

      If they would have built the '05 to that spec (plus rear seat, I'll grant that...) and that more modest size, with a lift-back hatch, like the FOX body had. (and was VERY useful)

      I would be MustangFanatic right now, instead of BoxerFanatic.

      But as it were, the production model got way too watered down, and bulked-up, and cheaped-out (with live-axle suspension for the street. Drag racers would install then for themselves, anyway)

      Ahh, what might have been...
      • 6 Years Ago
      For some reason ford is just unable to bring the concepts to production without messing up the proportions and lines in every way. Case point would be the 03 Mustang concept and 04 Zephyr concept. Both of those cars look fantastic, but the production models were a huge letdown. The mustang has none of the square/angular inset surfaces and lines and the zephyr/mkz rear end is a disaster (MOAR TAILLITE PLZ!1!).

      The reason why the new Camaro looks so good (and the Challenger also) is because it's true to the concept. All the surfaces and liens are there.

      • 6 Years Ago
      if ford simply built the concept (engine bay is killer btw) they would have saved millions over the life of the car (think 911). spend your loot by investing on refining the engineering and delivering a better product. hope history doesn't repeat itself and we get another mustang II in five years.
      • 6 Years Ago
      Is it just my idea or do these concepts look more refined and 'slender' compared to the normal Mustang?

      You say those shapes didn't make it to the final 2010 versions? The normal mustang looks too bulky, and well, just like an oversized parody or cartoon mockup of the original one.

      I like what they were doing, reviving the classic shapes, but as far as i'm concerned they got it wrong. More like an insult to the original one that was a lot more elegant and less bulky. They've overdone it in the muscle look departement. Not everyone has the mental age of teenager.

      For my taste, these concepts are about as spot on as they could be. Much more of an appriopriate hommage to the original ones. Looks like a refined sportscoupé that could even sell well in Europe if they just made the effort to bring it over here.

      And i agree with one of the comments above. They should approach this like porsche did the 911. Same basic platform, construction and design (the mustang is just as timeless a design as the 911) and gradually improve on build processes, techniques, efficiency, and so forth.

      That would save them a lot of money and they would end up with a car as perfect as the 911 is today with double clutch gearbox, normal suspensions, and so on.

      (ok, i get it, mustang has always been the 'supercar' for the masses, so they shouldn't quite go in the porsche price range, but you get the point)
      • 6 Years Ago
      i was really hoping the 2010 would look a lot more like these original concepts.

      and i thought the color combo Ol' Shel picked out this year was Kona Blue with RED stripes? that's what the print mags have written recently.


      • 6 Years Ago
      Stop crying it was close enough.
      • 6 Years Ago
      Wow, i found my new wallpaper with the the pic of both Mustangs in front of the Roxy. Beautifull cars..
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