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Ford offers $1m of design scholarships in memory of William Clay Ford

Ford Motor Company has put aside $1million to be awarded in automotive design scholarships over the next 20 years in order to commemorate the life of William Clay Ford who passed away on Sunday. The Ford Fund will release $10,000 each to five college sophomores or juniors per year who are following a career in car design. William Clay Ford was the last surviving grandchild of company founder Henry Ford and design was his lifelong passion.

Abu Dhabi F1 Grand Prix Yas Marina – The Track +video

Yas Marina F1 Circuit Abu Dhabi All the real meat has now gone from the Formula 1 season after Jenson Button won the world championship in Brazil last Sunday. But there is one more treat left for F1 fans – and drivers – in this year’s season, and that’s the inaugural race at the new Yas Marina track in Abu Dhabi. The Yas Marina track on Yas Island is a towering monument to the creativity – and financial muscle – of the UAE.

Red Tails Mustang joins auction at AirVenture Oshkosh

Ford has produced a one-off Red Tails edition of the 2013 Ford Mustang GT for an auction at the Gathering of Eagles charity event on July 26. The event will take place during the Experimental Aircraft Association (EAA) AirVenture Oshkosh 2012 at Wittman Regional Airport in Oshkosh, Wis. Proceeds will benefit the Young Eagles program, which provides free introductory flights for young people.