Car-lovers jumped at the chance to bid for a piece of history before it even happened. The final 2014 Ford Shelby GT500 convertible, which hasn't yet been built, sold for $500,000 at the Barrett-Jackson Hot August Nights Auction in Reno, Nev.
In addition to gaining the keys to a 662-horsepower classic, winning bidder Don Damon of Great Bend, Kan., had the satisfaction of donating to the Brain Injury Association of America. All profits from the sale will go to the charity to fund research, treatment and education for traumatic brain injuries.
Parnelli Jones, retired race car owner, driver and winner of the 1963 Indianapolis 500, is involved in the charity because his son, Page, suffered a brain injury in 1994 in a Sprint car wreck. Jones attended the auction and will add his signature to the Shelby.
Since the car has not been built, Damon will be able to choose the exterior, interior and stripe colors. He is scheduled to receive the Shelby at the end of this year.
As the Shelby's whopping price tag suggests, car enthusiasts will pay big bucks for a one-of-a-kind model. At another of Barrett-Jackson's charity auctions earlier this year, the first production 2014 Chevrolet Corvette Stingray hardtop sold for just over $1 million. Sprint race car owner Rick Hendrick's purchase benefited the College for Creative Studies in Detroit.
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