Tag Archives: Auction

Outrageous Mustang up for Auction

 

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Ford has had a long and successful partnership with EAA AirVenture in Oshkosh, WI, sponsoring the event and exhibited vehicles in the Ford hangar. For the last six years they have also auctioned a one-off Mustang, donating hundreds of thousands of dollars to charity. Previous year’s themes for the custom Mustangs have included the SR-71 BlackbirdBlue Angels, the Red Tails, and the USAF Thunderbirds.

This year looks to feature a very special car as well, as Ford is building a special 2015 Mustang inspired by the Lockheed Martin F-35 Lightning II. The car features a glossy and matte titanium paint scheme with blue and yellow accents, carbon fiber front splitter, rear diffuser, Recaro seats and various F-35 Lightning II design elements both inside and out.

The car will be auctioned off at the Gathering of Eagles charity event at EAA AirVenture, with the proceeds being donated to the EAA Young Eagles program. The nonprofit has provided free flights to nearly two million young people since 1992, creating a new generation of aviation enthusiasts and innovators.

How much would YOU pay for a Ferrari 250?

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A 1957 Ferrari 250 Testa Rossa Prototype sold during the Pebble Beach Concours d’Elegance for a whopping $16.39 million, making this lithe red racing car the most expensive vehicle ever sold at auction. Built for racing – and not white suit-wearing Miami detectives like the mid-engine 1980s version – the original pontoon-fenderedTesta Rossa is widely considered one of the most beautiful cars ever created. The name, Italian for “red head,” is derived from the car’s red valve covers.

Hot on the heels of this phenomenal Ferrari was a 1931 Duesenberg Model J “Whittell Coupe,” which sold for $10.34 million. This represents a new record price for an American car sold at auction. In total, Gooding & Company, the official auction house of the Pebble Beach weekend, sold in excess of $78 million in collector cars. That’s proof the recession might finally be coming to an end, or wealthy investors are giving up on volatile stocks for something a lot more fun to own.

Other notable sales included a 1959 Ferrari 250 GT LWB California Spider, which sold for $3.35 million, a $2.58 million sale of a Shelby Cobra 289 Factory Team Car, along with the sale of Bentley’s oldest surviving production car, a 1921 Bentley 3-Liter which found a new home once bidding stopped at $962,500.