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1964 Ford GT40 prototype sells for $7M

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.

How that awesome Mustang R/C car chase vid was made

We've reported on a few R/C car chase videos in the past. One in particular that stands out as a favorite is Zach King's "The Cliché RC Action Chase." It featured a pair of Ford Mustang coupes racing through a cardboard city, plowing into outdoor patios and busting through construction zones. It was wonderfully creative and fun to watch, yet we know there was more to its creation than a bunch of guys fooling around with a camera one afternoon.
Turns out we were right, as evidenced by this video produced by Ford that takes us behind the scenes of Zach's creation. The young filmmaker explains why he chose the Mustang to star in his video, as well as how the cardboard sets were created, what equipment they used for shooting and what it was like when his video went viral. Ford found the young filmmaker and produced the followup as part of its Mustang Countdown video series, which will see a new video about the Mustang culture released every week until the original muscle car's anniversary on April 17, 2014.
Want to make an RC chase video of your own? Yeah, we do too. Watch the behind-the-scenes video below (you can refresh yourself on the mini feature film, too) before you get started.

Shelby GT500 laps N"urburgring in under 7:40?

A couple of weeks ago we brought you footage and official times of the new Chevy Camaro Z/28 lapping the Nürburgring. With a 7:37.47 lap time, the Z/28 emerged as the fastest muscle car ever to lap the circuit. But what was missing from that picture was how fast the king of all Mustangs, the Shelby GT500, could manage to lap the Nordschleife.
Ford never released any information or footage of the GT500 on the Nürburgring that we were aware of - that is, until the guys at SVTPerformance.com put in a request for Mustang videos. Among the clips they received was never-seen, in-car footage of the Shelby GT500 lapping the circuit. And boy did it hustle.
Although not quite official, the video seems to show the GT500 lapped the venerated German track in a touch under 7:40. That would make it a tick or two faster than the Camaro ZL1 - but what of the Z/28? By Chevy's quoted time, the Z/28 is still faster than the GT500, but SVTPerformance suggests GM may have fudged the numbers a bit and scrubbed half a second or so off their lap time.