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Hot Rod Auction Raises $129,500 For Diabetes Charity


WEBWIRE

Hot Rods Old & New Fire Up ‘Ford Cruisin’ Legends’

Ford Lists 1932 Roadster Model In Charity Auction

* The proceeds from the successful auction of a one-of-a-kind Ford-inspired Dearborn Deuce Convertible™ will be donated to the Juvenile Diabetes Research Foundation.

DEARBORN, Mich., Nov. 21, 2005 – Even though only one person gets to take home the prize, there were two winners of the auction of a Dearborn Deuce Convertible™: young people with diabetes and a lucky hot rod enthusiast from Colorado.

The bidding came down to four parties, all eager to get their hands on the one-of-a-kind 2005 model styled after the classic 1932 Ford roadster and outfitted with a variety of performance parts donated by Ford Racing. The hot rod is a true collector’s item signed by Edsel B. Ford II, great-grandson of Henry Ford, and valued at more than $100,000. Bidding started at $60,000 but quickly reached $129,500 – all of which will go to the Juvenile Diabetes Research Foundation.

“We are so grateful to Hot Rods & Horsepower for building that magnificent car and Ford Motor Company for facilitating the auction on eBay so JDRF can continue to seek a cure for juvenile diabetes,” said Karen Breen , executive director of JDRF’s Metro Detroit & Southeast Michigan Chapter. “Ford has been a dedicated partner of ours for more than 20 years.”

Hot Rods & Horsepower, LLC of Branford, Conn., built the 2005 model of the Dearborn Deuce Convertible™, which it unveiled at Ford Cruisin’ Legends in Birmingham, Mich., during the 11 th annual Woodward Dream Cruise.

The head-turner is powered by a Ford 302 cubic inch V8 that provides 340 HP over a broad torque range. The introduction of the first reproduction 1932 all-steel roadster continues Ford’s tradition of industry firsts, offering:

* a fully-integrated and completely concealed modern convertible top
* electric side windows
* a 2½” deeper cockpit to increase leg room
* expanded trunk capacity
* 3½” longer doors for easier entry and exit
* a fully reinforced superstructure with integrated wire channels

…all without compromising the beauty and stock outer dimensions of Ford’s original design.

About Ford Motor Company

Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles in 200 markets across six continents. With nearly 325,000 employees and 110 plants worldwide, the company’s core and affiliated automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Motor Credit Company.

About the Juvenile Diabetes Research Foundation

JDRF gives more resources to diabetes research than any other nonprofit, nongovernmental organization in the world – more than $800 million since its founding in 1970. JDRF’s mission is constant: to find a cure for diabetes and its complications through the support of reach. For more information, visit www.jdrf.org.

About Kompolt

Kompolt was retained to manage the charity auction on eBay. Kompolt is the highly regarded “go-to” online auction agency for creating successful, high value and high profile promotional and charity auctions for top brand companies and nonprofits. For more information, go to www.kompolt.com.



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