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The 2019’s very first Ford Mustang Bullitt has sold for $300,000 at the Barrett-Jackson auction in Scottsdale, Arizona on Friday.

The-2019s-Ford-Mustang-Bullitt

It was a charity auction and all the money will benefit non-profit Boys Republic School, a school and community guides kids to learn the skills necessary to start an independent life. It’s a charity with serious meaning for the Steve McQueen Estate, star of 1968’s Bullitt who made this car possible. He was graduated from Boys Republic School in 1946.

The car is built to celebrate McQueen’s movie’s 50th anniversary. At Detroit auto show, Ford announced the surprise launch of Bullitt, describing a “special new Ford Mustang,” and said 100 percent of proceeds from its sale would go to charity.

The 2019 Ford Mustang Bullitt features 5.0-liter V8 engine from the regular Mustang GT and modified that. It makes 475 horsepower and 420 pound-feet of torque, up 15 horsepower from a standard GT. For the Bullitt special edition, Ford opted a six-speed manual transmission with special leather-trimmed Recaro seats, Bullitt badges, a cue ball shift knob, Highland Green paint, the new Mustang’s digital LCD cluster, and all the goodies from Performance Package 1. Car’s Top speed is 163 mph, or 8 mph faster than the standard Mustang GT. That’s civility of an active valve performance exhaust system, jointly with an Open Air Induction System.

Ford has not confirmed the final sticker price for the limited edition 2019 Mustang Bullitt and how many of the limited edition cars will be made.