The Barrett-Jackson Auction and the Mustang have been in the news together a lot recently. The Roush BlackJack Mustang was recently sold at the auction along with a Shelby Mustang that broke a record for the highest auction amount for a Domestic car. Now the Ford Motor Company is going to use the Barrett Jackson Auction to unveil a new limited addition 500 production run Mustang on March 31, 2007. The Mustang will be unveiled live at the auction and the first model number , #001, will be sold with the proceeds going to the Carroll Shelby Children’s Foundation. So what are your predictions on what car will be unveiled?

Update: The Shelby GT-H Convertible was unveiled and sold for 250,000 dollars.