SPX Donates Autographed Mustang

Jan 8, 2010

SPX Corp. has donated a Ford Mustang FR500S Challenge racecar autographed by numerous drivers to raise funds for St. Jude Children’s Research Hospital.

The car was obtained through the company’s diagnostic tool business, Detroit-based SPX Service Solutions, which has been a service provider to Ford Motor Co. for many years, according to a press release. The car is scheduled to be auctioned off by Barrett-Jackson at its January event in Scottsdale, Ariz., with all of the proceeds going to St. Jude.

“SPX is proud to again participate in the fundraising efforts that support St. Jude Children’s Research Hospital and their vital contributions toward the research and treatment of pediatric cancer and other catastrophic childhood diseases,” said Christopher J. Kearney, SPX chairman, president and chief executive officer. “This racecar, in addition to its tour on the race tracks, has made appearances at St. Jude fundraising events, and the lucky winning bidder will receive not only a truly unique car, but have the satisfaction of knowing they are supporting one of the great children’s hospitals in the world.”

The donated Ford Mustang FR500S is a specially prepared car that has competed in the Mustang Challenge for the Miller Cup and is number 56 of approximately 75 cars that were built on the production line in Flat Rock, Mich. This also marked the first time that Ford had ever built a production run of cars for a racecar series on its assembly line, the release stated.

Prepared by Capaldi Racing in conjunction with Ford Racing, the car features a specially modified production 4.6-liter, 3-valve V-8 engine producing 325 hp. The car completed the 2009 series and is race-ready for any qualified enthusiast seeking to race in a competitive series.

“This particular racecar is truly special in that it bears the signed autographs of many of the drivers in the Miller Cup series, along with the signature of Gary Bennett of Barrett-Jackson, who was the most recent driver at the final series event at Miller Motorsports Park,” said David Kowalski, SPX segment president. “The vehicle also remains race-ready, with all the safety equipment, data acquisition recorders and timing and scoring transponders still in place. Another unique aspect is that it’s equipped with a passenger seat, because it was used as a media car to run hot laps with celebrities and members of the media.”

The Miller Cup series was created to provide a venue for competitive racing of the new-platform Mustang.