Ford unveiled a one-off aircraft-themed Mustang concept based on the all-new Shelby GT350 late July that it will auction off to benefit charities associated with the Experimental Aircraft Association (EAA).

The Ford “Ole Yeller” Mustang, a tribute to a specific example of the car’s P-51D fighter plane namesake, was donated by the automaker earlier this month and will be sold at auction at the Gathering of Eagles charity event July 28 at EAA AirVenture Oshkosh 2016 in Wisconsin.

Proceeds from the sale will support the EAA’s youth education programs.

The “Ole Yeller” Mustang features a custom yellow exterior finish with “Ole Yeller” accents and badging, unique carbon fibre components, and mirrors projecting images of the aircraft. The interior incorporates specially designed Recaro seats, sill plates, floor mats with unique logos, and aviation-inspired gauges.

Based on the ultra-high-performance limited-production Ford Shelby GT350 Mustang, the “Ole Yeller” Mustang features a 5.2-litre flat-plane-crank V8 engine mated to a six-speed Tremec manual transmission; the GT350 produces 526 horsepower and 429 lb-ft of torque.

“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 Edsel B. Ford II, a member of the Ford board of directors.

“The Ford Shelby GT350 Mustang, with its nimbleness, speed and aerodynamics, provided us with the perfect platform to create this tribute to the P-51D aircraft.”

The plane that the car pays tribute to, “Ole Yeller,” is, with its bright, eye-catching yellow exterior, one of the most recognizable P-51D Mustangs in the world.

Owned by test pilot Bob Hoover, it still holds the prop plane record for coast-to-coast travel at five hours and 20 minutes, set in 1985.