At the Barrett-Jackson sponsored Hot August Nights auction in Reno, Nevada the last retail 2014 Shelby GT500 convertible sold for $500,000. The winner of the auction will have the opportunity to pick out the color and options of his/hers Shelby GT500 convertible. The auction was very significant as this might be one of the last modern Shelby GT500’s to be produced. Rumor has it Ford will be producing a Shelby GT350 model in 2016 to carry on the Shelby legacy but the future of the Shelby GT500 is uncertain.
All proceeds from the auction will benefit the Brain Injury Association of America (BIAA). Parnelli Jones was on hand to help sell the last Shelby GT500 convertible as he is associated with the BIAA due to an accident which affected his son Page Jones.