The 2014 Ford Shelby GT500 Mustang Sells For $500,000

October 31st, 2013 by

shelby gt500The last retail 2014 Ford Shelby GT500 Mustang Convertible was purchased for $500,000 by car fanatic Don Damon of Great Bend, Kansas at the Barrett-Jackson “Hot August Nights” auction in Reno, Nevada. This auction featured around 40,000 attendees and generated $14.2 million in sales. Since the this Shelby GT500 Mustang will be the last of its kind to be produced, Damon has the opportunity to customize the car with interior and exterior color combinations of his choice. The vehicle is scheduled to be delivered to Damon by the end of the year.

Proceeds Help the Brain Injury Association of America

Aside from taking home this collector’s vehicle, Don Damon was able to work with Ford and donate $500,000 to the Brain Injury Association of America. The Brain Injury Association of America works to advance brain injury research, prevention, education, and treatment. It is an organization dedicated to improving the quality of life for people affected by traumatic brain injuries.

Well-known race car driver Parnelli Jones became a supporter of this charity after his son, Page Jones, dealt with permanent brain injuries in a crash during the 1994 Sprint Car race in Rossburg, Ohio. Three days after the accident, Page Jones slowly came out of a coma but unfortunately was unable to speak or walk. Through years of therapy and hard work, Jones was able to communicate and walk again. Parnelli Jones will sign Damon’s Shelby as a thank you for his generous donation.

The 2014 Shelby GT500 Topped the Auction Sales

Out of all of the vehicles sold at the Barrett-Jackson “Hot August Nights” auction, Damon’s donation of $500,000 for the 2014 Shelby GT500 was the highest. Other than the 2014 Shelby GT500, a 1963 Corvette was sold for $192,000, a 1950 Jaguar XK120 sold for $178,200, a 1968 Shelby GT500E continuation car sold for $165,000, and a 1957 Corvette sold for $148,500. Check out Barrett-Jackson online for a complete list of vehicles that were sold at the auction.

Stop By River View Ford Today

To chat about the 2014 Ford Shelby GT500 and learn more about our extensive selection of new and pre-owned vehicles, stop by River View Ford today. Our knowledgable sales professionals will be here to assist you in selecting a vehicle that is ideal for your budget and driving needs.

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