CHARLOTTE, N.C. – SPX Corp. has announced that it helped raise $175,000 for St. Jude Children’s Research Hospital at the 40th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Ariz. The proceeds were raised from the winning bid for SPX’s donated Ford Mustang FR500S race car auctioned off on Jan. 21.
“With our deep roots in the automobile industry as a global supplier of vehicle service solutions, we are honored to be a part of the Barrett-Jackson community and would like to thank them for helping us once again contribute in a meaningful way to the fundraising efforts of St. Jude Children’s Research Hospital and the important work they do,” said SPX Chairman, President and CEO Chris Kearney. “We are extremely pleased with the outcome of the auction and we want to also thank the many sponsors who helped us collectively create such a fantastic car.”
The Ford Mustang FR500S was a joint effort between SPX, Ford Racing, Miller Motorsports Park, the Ford Racing High Performance Driving School, Stand 21, SPEEDCOM Communications, Capaldi Racing and Cragar Wheels.
The winning bidder received the Mustang, along with the opportunity to compete in the SCCA 2011 Pro Racing World Challenge Championship. Other aspects of the winner’s package included training and a racing license from the Ford Racing High Performance Driving School at Miller Motorsports Park and a sponsorship package from SPX for technical and logistical racing support.
