The event, hosted by Reba McEntire and Darius Rucker, marked the first time the country community had come together in person for many months.
Other guest artists on the project include Alison Krauss, Olivia Newton-John, Dolly Parton, and Keith Urban.
Pardi will honor Joe Diffie while Little Big Town pay tribute to another fallen favorite, Kenny Rogers.
The black 2018 Gibson acoustic guitar is estimated to go for anywhere up to $40,000 USD.
Two months before the turn of the millennium, Urban released the album that would open the door to the country world.
The winner will be revealed during the awards ceremony and telecast on October 21.
Every year, critics and so-called experts ask: is rock music dead? Not with a new breed of young talents aiming for legendary status.
The album simultaneously arrives at No.7 on the all-genre Billboard 200.
The virtual event also featured Alicia Keys Coldplay, Thomas Rhett and more.
The collaboration comes from Keith Urban’s latest album ‘The Speed of Now Part 1.’
Taking place in Nashville for the very first time, the 55th annual ACM Awards air on September 16.
The New Zealand-hailing country singer-songwriter's had a career of chart-topping hits including 'Wasted Time' and 'Long Hot Summer.'
Urban also begins hosting a second series of The Keith Urban Playlist for national UK broadcaster BBC Radio 2 on August 8.
The artists will be taping their performances in Los Angeles and Nashville, adhering to social distancing guidelines.
The exuberant single comes ahead of the country star’s eleventh album ‘The Speed Of Now Part 1.’