SPX Corporation announced today that its charity effort raised $275,000 at the 39th Annual Barett-Jackson Collector Car Auction in Scottsdale, Arizona on Friday January 22 when the car was auctioned.
This was the highest auction bid for any car that day and the event’s overall 8th highest sale price. As promised by SPX, the money will go to St. Jude.
“SPX is extremely gratified to be able to contribute toward St. Jude Children's Research Hospital's fundraising efforts and help support the important work they do in researching and treating children with pediatric cancer and other diseases," said SPX Chairman, President and Chief Executive Officer Christopher J. Kearney.
"We could not be happier with the outcome of the race car charity auction, and I want to thank Barrett-Jackson, Capaldi Racing, St. Jude, Randy Owen and all the SPX employees who played a role in making this event such a success. We trust the winning bidder is equally thrilled with having the dual satisfaction of driving away with a truly unique car and knowing he has helped support a great hospital and all the many families it serves."
We remind you that the Ford Mustang FR500S has been specially developed by Ford Racing in cooperation with Capaldi Racing. At the heart of the racecar we find a 4.6 liter 325 HP V8 engine. This particular vehicle has taken part in the Mustang Challenge for the Miller Cup and it bears the autographs of many drivers in the Miller Cup Series.