This has been discussed before, but here is a press release on the sale.
BlackICE
http://biz.yahoo.com/bw/060401/20060401005016.html?.v=1
BlackICE
http://biz.yahoo.com/bw/060401/20060401005016.html?.v=1
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GTX1 Supercar Barrett-Jackson Press Release
- Thread starter BlackICE
- Start date
SLF360
GT Owner
Come on Chris, or Abolfaz, or SuperB, Manny, or...
go get it, and keep it in the Sunshine state !
go get it, and keep it in the Sunshine state !
B O N Y
MODERATOR & FGT OWNER
a portion of the proceeds from the sale of the first production roadster during Barrett-Jackson will benefit The National Center for Missing and Exploited Children.
wonder what portion, on the GT 100% of the funds of the sale went to Carroll Shelby's Children's Foundation. Many the seller fixes an amount to cover his costs and only the surplus goes to the charity. As far as taxes go, any amount over the retail is deductable.
wonder what portion, on the GT 100% of the funds of the sale went to Carroll Shelby's Children's Foundation. Many the seller fixes an amount to cover his costs and only the surplus goes to the charity. As far as taxes go, any amount over the retail is deductable.
abolfaz
GT Owner
SuperB
Board of Directors/Owner
I think it said 20% of the GTX1 proceeds went to charity.
I think proceeds "could" be labled as 'profit' and not sale price by some slick attorneys.
I'd love the GTX1, would convert my GT, but I don't think it's a good invenstment on a heritage.
I think proceeds "could" be labled as 'profit' and not sale price by some slick attorneys.
I'd love the GTX1, would convert my GT, but I don't think it's a good invenstment on a heritage.