Tag Archive: Auctions

May 08

Ford builds one-off 50th anniversary Mustang Convertible for charity

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Ford Mustang 50 Years Convertible

At the New York Auto Show this year, Ford revealed a special-edition Mustang to honor the iconic pony car's 50th anniversary. Only 1,964 highly symbolic examples will be made, all of them fixed-roof coupes. But the Blue Oval automaker has just announced that it's also building a single 50 Years edition convertible that it will raffled off for charity.

The first production example of the new Mustang Convertible to roll off the line this fall, this one-off will pack many of the features on the 50 Years coupe, including its white paintjob, chrome trim, aluminum dashboard, two-tone upholstery, contrast stitching, special 19-inch wheels and special-edition badging throughout.

This unique cabrio will also be fitted with a special performance pack including Pirelli PZero rubber, Brembo brakes and a limited-slip differential to help get the 420 horsepower and 390 pound-feet of torque from the 5.0-liter V8 through the six-speed manual transmission and down to the road. It'll also feature a serial plaque with the number 0001 of 0001 and chairman Bill Ford's signature.

The convertible will be raffled off on Mustang Alley in Ferndale, Michigan, during the Woodward Dream Cruise on August 16. A limited number of raffle tickets are on sale now at $20 a pop, with proceeds benefitting the National Multiple Sclerosis Society.

Continue reading Ford builds one-off 50th anniversary Mustang Convertible for charity

Ford builds one-off 50th anniversary Mustang Convertible for charity originally appeared on Autoblog on Thu, 08 May 2014 11:01:00 EST. Please see our terms for use of feeds.

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Apr 14

1964 Ford GT40 prototype sells for $7M

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1964 Ford GT40 Prototype

Seven-figure Ferraris are not horribly rare. Heck, an eight-figure Ferrari isn't a rare occurrence. Between modern masterpieces like the Enzo and more classic offerings, cracking the million-dollar mark isn't a particularly tall order for the cars from Maranello. For a Ford, though, it's a big deal.

Now, this is not just some rare Mustang. This is a GT40, the car that Henry Ford II commissioned to whip Enzo Ferrari around a track in France. As far as the Le Mans-winning racers go, they don't get much rarer than this one. Sold at the Mecum Auctions in Houston, this is one of the prototypes, meaning it's one of the very first GT40s ever built. That makes its $7 million winning a bid, a record for on-air coverage of the auction, a pretty darn impressive figure.

You can watch the auction below, but first, take a look back at our original story on this rare Blue Oval.

Continue reading 1964 Ford GT40 prototype sells for $7M

1964 Ford GT40 prototype sells for $7M originally appeared on Autoblog on Mon, 14 Apr 2014 17:00:00 EST. Please see our terms for use of feeds.

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Jan 19

Barrett-Jackson 2014: First production 2015 Ford Mustang earns $300k for JDRF [w/video]

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2015 Ford Mustang

We've almost become immune to the huge dollar amounts that collectible cars earn for charity at Barrett-Jackson. To wit, $300,000 for the first production 2015 Ford Mustang initially didn't seem like very much money. In reality, though, it's probably about 10 times the actual asking price for the car, and we're pleased to report that 100 percent of the proceeds will go to the Juvenile Diabetes Research Foundation.

According to Ford, the car's winning bidder will get to "choose a fastback with manual or automatic transmission, and any interior, exterior and stripe color combination offered by Ford on the all-new Mustang." Power will come from a slightly revised version of the well-known 5.0-liter V8 engine that will produce "more than 420hp and 396 pound-feet of torque."

We snapped live images of the 2015 Mustang prototype that Ford had on display here at Barrett-Jackson, and you can check them out above. The official auction description, along with a video of the auction as it happened live, is below.

Continue reading Barrett-Jackson 2014: First production 2015 Ford Mustang earns $300k for JDRF [w/video]

Barrett-Jackson 2014: First production 2015 Ford Mustang earns $300k for JDRF [w/video] originally appeared on Autoblog on Sat, 18 Jan 2014 23:00:00 EST. Please see our terms for use of feeds.

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