Ford-Donated ‘Ole Yeller’ Mustang Raises $295,000 to Support Young Flyers

Aug 1, 2016

The one-of-a-kind, aviation-inspired Ford Ole Yeller Mustang developed by the design and engineering teams at Ford Motor Co. sold for $295,000 at the Gather of Eagles charity.

The auction was held during the Experimental Aircraft Association (EAA) AirVenture Oshkosh 2016. Hank Menke, president and CEO of OFS Brands in Huntingburg, Indiana was the winning bidder.

All proceeds from the car donation and sale benefit EAA’s youth education programs, including the Young Eagles, which has provided free introductory flights to 2 million young people since 1992, helping grow the next generation of aviators.

The Ford Ole Yeller Mustang is the ninth one-of-a-kind vehicle created by the Ford design and engineering teams for the auction in support of EAA youth education, according to the company. Ford vehicles donated at EAA AirVenture events have collectively raised more than $3 million.

The Mustang features a custom yellow exterior finish with Ole Yeller accents and badging, unique carbon fiber components and mirrors projecting images of the aircraft. The interior incorporates specially designed Recaro seats, sill plates, floor mats with unique logos and aviation-inspired gauges.

Bred from the ultra-high-performance and limited production Shelby GT350 Mustang, it sports a 5.2-liter Ti-VCT V-8 engine with flat plane crank. Boasting the most powerful naturally aspirated engine Ford has ever produced, the Shelby GT350 generates 526 hp and 429 foot-pounds of torque.

The powerhouse is mated to a TREMEC 6-speed manual transmission and also features a specially tuned sport suspension, making it the most track-ready, road-legal Mustang ever produced.

“We’re truly grateful Ford is, and has been, such a committed sponsor of EAA and AirVenture,” said Jack Pelton, EAA CEO and chairman of the board. “With its ninth Mustang donation, Ford has definitely delivered something exceptional that any auto or aviation enthusiast would love to own. The Ford Ole Yeller Mustang will allow EAA to provide support to our valuable programs helping us grow the next generation of aviators.”