First Ford Falcon XR8 Sprint sells for $92,500

Ford Falcon XR8 Sprint auction

The first retail Ford Falcon XR8 Sprint has sold for $92,500 at auction to raise funds for research into a cure for Type 1 diabetes.

Sydney businessman David Pearce submitted the winning bid, purchasing the car to lift his brother Mark's spirits, who is suffering from acute health difficulties.

The Pearce brothers are die-hard Ford fans, the XR8 Sprint joining a restored 1978 XC Falcon in the garage, which Mark learned to drive in.

Ford -XC-FalconThe majority of the auction proceeds will go to the Juvenile Diabetes Research Fund (JDRF) to support the Artificial Pancreas Project, which aims to automate insulin pumps and ultimately offer a technological cure for Type 1 diabetes.

On top of donating the XR8 Sprint for auction, Ford Austraila has also donated a further $60,000, which builds on the $500,000 donated over the past 15 years.

Officially, Ford's final fast Falcons have sold out, however a number of cars remain with dealers.

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