The one-off Mustang pays homage to a famous P-51D Mustang and will be auctioned to raise funds for youth education programs.

Ford has revealed a one-off 'Ole Yeller' Mustang, based on the Shelby GT350.The build pays homage to a famous North American P-51D Mustang of the same name. The former fighter airplane is a frequent sight at airshows across the country, recently serving as the official pace and safety plan at the Reno Air Races, and holds the prop-plane record for coast-to-coast travel at five hours 20 minutes.

Ford took inspiration from Ole Yeller to create the yellow-clad GT350 with black accents and green underbody lighting. The interior features specially designed Recaro seats, unique sill plates, plenty of logos and aviation-inspired gauges.

The GT350's flat-plane-crank V8 produces 526 horsepower and 429 lb-ft of torque, delivered to the rear wheels via a six-speed manual transmission.

"This year's one-of-a-kind Ford Mustang honors two aviation greats, the iconic and historic P-51D Mustang fighter plane, and highly decorated fighter pilot, test pilot, and air show performer, Bob Hoover, who is referred to by many as one of the greatest pilots ever to have lived," said Ford board member Edsel B. Ford II.

The special Mustang will be auctioned at the Experimental Aircraft Association's Gathering of Eagles gala, with proceeds going to the help fund the organization's youth education programs.