Sydney Man Wins First Retail Falcon XR8 Sprint with $92,500 Bid to Raise Ailing Brother’s Spirits and Help Find Technological Cure for Australians Battling Type 1 Diabetes
Wed, Jul 27, 2016
- Sydney man David Pearce won the first retail Falcon XR8 Sprint at auction for $92,500, the majority of which will go to the Juvenile Diabetes Research Fund’s (JDRF) innovative research to decrease the burden of Type 1 diabetes after Ford donated the car for the cause.
- The Artificial Pancreas Project led by Professor Tim Jones at Princess Margaret Hospital, involves research institutes and hospitals across the country – from Perth, Melbourne, Newcastle, Adelaide and Sydney.
- Ford also committed a further $60,000 to the research, building on the company’s leading local investment to make Australians’ lives better such as $500,000 to JDRF the past 15 years and nearly $2 billion in R&D the past six years.
MELBOURNE– Sydney businessman David Pearce bought a special Falcon for special purposes, to bring his brother Mark a little bit of joy as he battles health issues. The purchase of Falcon Sprint 1 of 750 also provides much needed funds to support the vital work being done by researchers working hard to find a technological cure for Type 1 Diabetes, that millions of Australians and others around the world struggle with every day.
Pearce purchased the first publicly available version of the highly anticipated Falcon XR8 Sprint – one of the most powerful and high-tech Falcons ever – at auction for an astounding $92,500. Pearce said “Mark’s health has been deteriorating rapidly and he now only has 18 percent lung function. To lift Mark’s spirits, the Falcon Sprint, was a ‘must-have’ to add to our Ford collection which also includes a restored 1978 Falcon XC which was the car my brother learned to drive in”.
The Falcon XR8 Sprint was donated to the Juvenile Diabetes Research Fund (JDRF) by Ford Australia to raise funds to support the Artificial Pancreas Project, which is exploring how to automate insulin pumps and deliver improved therapies and ultimately a ‘technological cure’ for type 1 diabetes (T1D).
The Artificial Pancreas Project led by Professor Tim Jones at Princess Margaret Hospital, involves research institutes and hospitals across the country – from Perth, Melbourne, Newcastle, Adelaide and Sydney.
“The hope for a cure would not exist if it wasn’t for JDRF and people like David,” said Katie English, mother of eight-year-old son with T1D. “Type 1 diabetes can create obstacles to overcome, particularly when the child is young and requires constant care, and JDRF has been integral in helping us learn to cope with living with type 1 diabetes.”
“My family and I are grateful for Ford’s donation of the XR8 Sprint and David for his generosity.”
Ford also committed a $60,000 monetary donation towards the program, on top of $13,000 that employees fundraised in 2015. This donation builds on Ford's leading local investment to make Australians’ lives better, including $500,000 to JDRF the past 15 years and nearly $2 billion in R&D over the past six years.
“We are thrilled by Mr. Pearce’s generous contribution and shared commitment to Australian communities,” said Graeme Whickman, president and CEO, Ford of Australia.
Vital support for JDRF research
JDRF Australia CEO and Managing Director Mike Wilson said JDRF shares their vision of a world without type 1 diabetes with partners like Ford Australia.
“Ford has been a generous, long-term, and global partner for JDRF. Thanks to the financial support of valued partners like Ford Australia, we are able to accelerate life-changing breakthroughs in type 1 diabetes research,” said Mr Wilson.
Falcon Sprint Series development and innovation
Ford’s Asia-Pacific Product Development team based in Melbourne developed the limited-edition, high-performance XR6 Sprint and XR8 Sprint series sedans. The vehicles sold out in a matter of weeks after being revealed.
The vehicles feature significant suspension improvements and high-performance tyres to match the vehicles’ dynamic capability.
“The Falcon’s legacy will live on. Our designers and engineers will continue to innovate products like Everest and Ranger for global markets at the You Yangs Proving Ground, originally built to develop cars for the Australian consumer,” Graeme Whickman, president and CEO, Ford of Australia, said.
Power of giving
Ford Australia has been a proud partner of the Juvenile Diabetes Research Fund for 15 years, contributing more than $500,000 to research in Australia.
Globally, Ford has raised more than any other corporate sponsor, dedicating more than $55 million to fund JDRF research programs and raise awareness.
About Ford Motor Company
Ford Motor Company is a global automotive and mobility company based in Dearborn, Mich. With about 187,000 employees and 62 plants worldwide, the company’s core business includes designing, manufacturing, marketing, financing and servicing a full line of Ford cars, trucks, SUVs and electrified vehicles, as well as Lincoln luxury vehicles. At the same time, Ford is aggressively pursuing emerging opportunities through Ford Smart Mobility, the company’s plan to be a leader in connectivity, mobility, autonomous vehicles, the customer experience and data and analytics. For more information regarding Ford, its products worldwide or Ford Motor Credit Company, visit www.corporate.ford.com.