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Last 2014 Ford Shelby GT500 Convertible nets $500k for charity at Barrett-Jackson [w/video]

The last 2014 Ford Shelby GT500 Convertible was sold on Saturday at a Barrett-Jackson auction in Reno, Nevada, for $500,000. Ford donated the Mustang to be auctioned for charity, and all of the money is going to the Brain Injury Association of America.
Parnelli Jones, winner of the 1963 Indianapolis 500, was there on behalf of the BIAA with his son Page, who suffered a brain injury in a sprint car crash in 1994. The bidding increased quickly, reaching $500k in no time, spreading a bit more hope to people who live with brain injuries.
The winning bidder will be able to choose the GT500's exterior, interior and stripe colors, and is scheduled to receive the car, signed by Parnelli Jones in appreciation for the donation, by the end of 2013. Watch the video below to see the auction-block action.

Here's more of the Ford GT soundtrack

You probably won't be surprised to find out that that while we outsiders were speculating on the racing plans for the new Ford GT, the automaker was already testing the American exotic on track. Ford Performance has just posted some footage from one of those tests and it's worth a watch. In spite of that early exhaust promo and Xcar's two in-depth videos on the racer and the road-going coupe, this is the first time we've been treated to sustained looks at the track version just laying in laps and roaring by. Now that we know Ford's plans include running four cars throughout the 2016 season, the early testing makes sense. Ford will have two cars running in the GTE-Pro class in the Tudor United Sports Car Championship and another two in the same class in the FIA World Endurance Championship, all of them campaigned by Chip Ganassi Racing with the Felix Sabates team. Then the company plans to have all four cars at Le Mans, which will be Chip Ganassi's first ever tilt at the French event. If you want some practice picking out exhaust notes come 2016, check out the video above. Related Video: Featured Gallery Ford GT LM GTE Pro View 18 Photos News Source: Ford Performance via YouTube Motorsports Ford Coupe Racing Vehicles Performance Videos ford performance

Woman trades 1914 Model T in for 2013 Corvette

We're sure that dealers must see all sorts of interesting trade ins, but this one may take the cake. Red River Chevrolet in Bossier City, Louisiana, recently had a customer come in with an odd request. Tina Boyter wanted to trade in three vehicles on a brand-new 2013 Chevy Corvette. Among the hardware was 1980 Corvette, a 1978 Cadillac Eldorado and a 1914 Ford Model T. While the '80 Corvette had been her personal car for years, the '78 Eldorado had belonged to Boyter's mother before she traded up to a Lincoln. The big Caddy had just 10,290 miles on the clock when it was traded in.
And the Model T? Boyter says the car was built as a racer by Ford, and that it had been a show winner for years when it belonged to her father. But, after spending the last 16 years in a museum with its fluids drained, Boyter decided it was time to shed some of the past. She walked into the dealer, laid eyes on a white 2LT Corvette with a red interior and offered to trade all three of the vehicles in on the sports car.
Why not wait for the C7? "I fell in love with that one when I walked in the door," She said. We can't fault her there.