Released on: August 1, 2008, 7:39 am

Press Release Author: Andrew Shoushanian

Industry: Automotive

Press Release Summary: Proceeds from sale of Build #1 of 1 Mustang AV8R at EAA
AirVenture Oshkosh to support youth education initiatives



Press Release Body: DEARBORN, Mich., August 1, 2008 - Ford Motor Company's one-off
vehicle, the Mustang AV8R sold for $500,000 Thursday evening at the Gathering of
Eagles charity auction, part of Experimental Aircraft Association (EAA) AirVenture
Oshkosh 2008, the world's largest annual aviation event.

Ford built the Mustang AV8R specifically for the EAA Gathering of Eagles charity
auction. Proceeds from the sale will support EAA youth education and inspirational
experiences that prepare young people to become the engineers, pilots and innovators
of tomorrow. Ford is the exclusive automotive partner of EAA AirVenture Oshkosh and
recently announced that it has extended its partnership with the event through 2011.

"Ford is a longtime supporter of EAA and its mission to showcase the finest
innovation and technology in the world of flight," said EAA President and CEO Tom
Poberezny. "The hard work of the Mustang AV8R team and Ford's generosity in donating
this beautiful vehicle to the Gathering of Eagles, will help EAA do some amazing
things for future engineers, pilots and other young people interested in aviation."
Produced using internal resources and named to commemorate Ford's participation in
EAA AirVenture Oshkosh, the one-of-a-kind, fully-customized Mustang AV8R was created
by a team including Mustang Design Chief Doug Gaffka and Mustang Chief Nameplate
Engineer Paul Randle, with performance support from Ford Racing.

"Ford is proud to support the young aviators," said Edsel B. Ford II, a member of
Ford's Board of Directors. "Developing the Ford AV8R for this purpose has been a
wonderful opportunity for our Mustang team, and we are happy to see such generosity
from the new owner of our Mustang AV8R."

The Mustang AV8R is Build #1 of 1 and a collector's dream vehicle. The AV8R
performance story is fueled by a 4.6L 24-valve V8 supercharged engine capable of
generating 400 horsepower; a Ford Racing Handling Pack featuring dampers, lowering
springs, anti-roll bar kit and strut tower brace; and a Ford Racing Tuned Exhaust.

The AV8R features a unique \"satin finish\" aviation inspired paint with a black gloss
treatment; a new glass roof canopy, provided by Webasto Roof Systems, available on
2009 Ford Mustang models, but with unique Star-in-Circle insignia laminate glass;
unique graphic treatment, special front and rear fascias, an AV8R faux gas cap, plus
a Mustang Bullitt grill, shift knob and prototype aluminum appliqués. The
combination of paint and the open-sky canopy in the AV8R invokes the spirit of
aircraft, with an aviation inspired interior that includes distressed "Bomber
Jacket" leather inserts and trim panels.

The Mustang AV8R features autographs from aviation legends and celebrities attending
EAA AirVenture, which include Harrison Ford, Edsel B. Ford II, Jack Roush, Carroll
Shelby and others.

About EAA AirVenture Oshkosh
The annual meeting of the Experimental Aircraft Association (EAA), EAA AirVenture
features more than 10,000 aircraft, including homebuilts, antiques, classics,
warbirds, ultralights and rotorcraft, and is expected to attract more than 500,000
aviation enthusiasts. During the week, nearly 1,000 forums are conducted by aviation
leaders, NASA researchers, along with FAA personnel, aircraft designers and a host
of others. For more information, please visit www.AirVenture.org.

About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich.,
manufactures or distributes automobiles in 200 markets across six continents. With
about 228,000 employees and about 90 plants worldwide, the company's core and
affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The
company provides financial services through Ford Motor Credit Company. For more
information regarding Ford's products, please visit www.ford.com.
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Web Site: http://www.fordairventure.com

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