American car makers have a cool tradition to auction off the very first retail unit of any significant new model for charity. That is what Ford is going to do with the first production unit of the 2015 Mustang. It’ll be auctioned by Barrett-Jackson on January 18, 2014, with all proceedings going to JDRF, America’s leading global organization funding type 1 diabetes research.

The 2015 Ford Mustang comes with three engine options and new technology features including a state of the art infotainment system, and independent rear suspension. The auction-bound car will be a V8-powered Fastback GT (420 horsepower and 390 lb.-ft. of torque) version, and the winning bidder can personalize his or her car with any available Mustang GT options.

What’s more, the team involved in Mustang design and development will sign the car in appreciation of the donation to JDRF, and the car is scheduled for delivery after production of the new model year begins. Good car, good cause, everybody wins.

“We’re kicking off the next 50 years of Mustang in style with a 2015 model featuring a sleek all-new design, world-class performance and innovative technologies,” says Steve Ling, North America car marketing manager for Ford. “We’re thrilled to be able to take advantage of Mustang’s popularity to help achieve the dream of ending juvenile diabetes.”