2022 GT500 Heritage Edition brings in seven figures at Barrett-Jackson.
Donated by George and Megan Shinn, the car hit that seven-figure total in a convoluted way.
“The Brittney-Blue Shelby brought $400,000 on the auction block with additional donations from the audience and friends of Shinn bringing the total to $650,000,” explains Barrett-Jackson on the company’s website. “It was then re-donated by Mike Patterson to raise an additional $300,000 for a total of $1,000,938 with 100 percent of the funds going directly to the charities.
The tax implications here are mind-boggling to contemplate. Whoever it is who wound up with the car likely gets a deduction for any of what was paid beyond the retail value of the car. But, hey, this is
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