First 2024 Ford Mustang GT to Be Auctioned for Juvenile Diabetes Research

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2024 S650 Ford Mustang

2024 Ford Mustang GT VIN 001 is set to be sold for a great cause when it crosses the block at Barrett-Jackson Scottsdale this weekend.

As all pony car fans are acutely aware, the all-new 2024 Ford Mustang is set to launch this summer, ushering in the S650 generation of the iconic model in a big way. Soldering on with naturally-aspirated V8 power as it should, the 2024 Ford Mustang GT is sure to have its fair share of suitors when the weather turns warm, but the very first example of what might be the last ICE GT is something that’s obviously special. As such, it deserves to be auctioned off for charity, and that’s precisely what’s happening at the upcoming 2023 Barrett-Jackson Scottsdale auction.

There, 2024 Ford Mustang GT VIN 001 will be sold to the highest bidder with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation (JDRF) – the leading global organization focused on type 1 diabetes (T1D) research. We’ve seen similar “first” offerings sold at Barrett-Jackson in the past rake in massive amounts of money, so it’s probably a safe bet that the very first 2024 Ford Mustang GT produced will follow suit.

2024 Ford Mustang

Regardless, buyers do get a few options to make this GT their own, including their choice of exterior color (within the 11 available OEM hues, at least), either the six-speed manual or 10-speed automatic transmission, and various interior packages, to boot. However, regardless of what they choose, they’ll be getting a fastback model with the optional Performance Pack, which means that this car will crank out 486 horsepower from its fourth-generation 5.0-liter Coyote V8 and active exhaust system.

Leaked 2024 Mustang GT Window Sticker Shows No Power Increase

Those interesting in bidding on this special machine while also supporting a truly worthwhile cause can do so when the pony car goes up for grabs on January 28 at 7:30pm. Needless to say, you’ll need to have deep pockets if you want to truly try and bring it home, but then again, how often does a chance to own what might be the first of the very last traditional Ford Mustang GT models come along?

Photos: Ford

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Brett Foote has been covering the automotive industry for over five years and is a longtime contributor to Internet Brands’ Auto Group sites, including Chevrolet Forum, Rennlist, and Ford Truck Enthusiasts, among other popular sites.

He has been an automotive enthusiast since the day he came into this world and rode home from the hospital in a first-gen Mustang, and he's been wrenching on them nearly as long.

In addition to his expertise writing about cars, trucks, motorcycles, and every other type of automobile, Brett had spent several years running parts for local auto dealerships.

You can follow along with his builds and various automotive shenanigans on Instagram: @bfoote.


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