Every year, Ford->ke31 rolls out a special edition one-piece Mustang->ke428 for the very purpose of auctioning it off at the EAA AirVenture in July for the benefit of the EAA Young Eagles program. These babies - as with all one-off edition cars - are exceedingly rare for the very simple reason that there's only one of them being made.

This year, the one-off, aviation-themed Mustang GT was built to celebrate the 100th anniversary of naval aviation. It comes with a specific blue-and-yellow color scheme that takes itself from the colors of the 'Blue Angels' fighter group with a yellow "Blue Angels" script and crest on the doors. Likewise, the crest can also be found on the interior of the car, where they are stitched into the leather Recaro seats.

On top of that, Ford also upgraded the Mustang's powertrain, improving the output of the car's 5.0-liter V8 engine from 412 horsepower to 500 horsepower. There's also a Ford Racing handling package, a new performance exhaust, and race-track capable brakes.

Last year, Ford was able to auction off the Mustang SR-71 "Blackbird" for $375,000. Judging by the enthusiastic turn out for these events, we wouldn't be surprised if the Mustang GT "Blue Angels" Edition hits that mark again, maybe even exceeding it.

UPDATE 08/01/2011: When the hammer fell last week, the Blue Angels tribute Mustang had been bid up to $400,000, purchased by an anonymous California bidder. In addition to the unique Mustang, the winning bidder will also receive a Blue Angels flight helmet, signed by pilots and crew of the Blue Angels precision flying team.

Exterior and Interior

The Blue Angels Mustang GT is a one-off model inspired by the acclaimed naval aviation performance demonstration team and the F-18 Hornet aircraft it flies. On the exterior, this special model will be distinguished by a custom rear spoiler with vertical tailfins, "screaming yellow" gloss accents, and the Blue Angels script and crest. The Blue Angels Mustang GT is painted in a unique chrome blue paint, courtesy of Creations n’ Chrome. This paint is now available on any production vehicle anywhere in the world.

The interior gets Recaro racing seats with offset stripes inspired by pilot flight suit, cluster graphics, performance gauges, navigation screen images, safety belt fabric, instrument panel appliqués, rear seat-delete and cross-brace, Blue Angels script in the illuminated sill plates, and puddle lamps that project jet images when the doors open.

Engine

Under the hood, there is a Ford Racing supercharged 5.0-liter V8 engine that delivers a total of 624 HP. For comparison, a standard Mustang GT is powered by a 5.0 V8 engine that delivers a total of 412 HP. The Ford Racing components also include a handling pack, performance exhaust, and racetrack brakes.

Prices

This is a one-off model that will be put on auction at EAA AirVenture Oshkosh held on July 25th-31th, 2011 at Wittman Regional Airport in Oshkosh, Wis.

Competition

When it comes to competition, there's no doubt that the Mustang Blue Angels outdoes all of the Mustang GT's usual competitors, especially since this is exactly what the Mustang was created to do. Of course, since this is a one-off model, vehicles like the Camaro SS shouldn't feel the need to worry about it dominating the market. For comparison's sake, the Chevrolet Camaro is powered by a 6.2L V-8 engine with an output of 422 HP. That is more than 200 HP less than the Blue Angels edition.