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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.

Social media star Scott Monty leaves Ford

It seems weird to think that an automaker could have a social media star, but Ford does. Or at least it did. Scott Monty, its Global Digital Communications Manager, led the company's team for almost six years and forged a reputation as being one of the most talented people in corporate social media. But the guru recently announced that he would be leaving the automaker for an undisclosed job elsewhere.
"I just decided the time was right. I am going to take a little time with my family, and I am going to start on a new adventure pretty soon," said Monty in an interview with AdWeek. He also explained a little about his theory of how companies should use social media. In his opinion, it should be a chance to go beyond standard marketing and build a relationship with people. Businesses need to have a broad focus for its online message, and using just one service isn't enough to be successful.
Under his guidance, Ford expanded its Facebook presence significantly. According to AdWeek, it launched the 2010 Explorer on the popular site. Also, when the company wanted to investigate selling electric models, it initially gauged the public's reaction on Facebook and then advertised them there first. Monty has been a major supporter of Twitter as well to broaden the company's communication with the public.

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.