(FoxNews) – The first all-new 2021 Ford Bronco (VIN 001) was sold
at a charity auction in March for $1,075,000, but an old one just
blew that price away.

A 1969 Bronco crossed the block at the Mecum Auctions event in Indianapolis on Friday and went for $1,870,000.

It wasn’t just any old Bronco, but a custom racing truck driven by
Parnelli Jones (below) to victory in the Baja 1000 in 1971 and 1972
and at several other off-road races.

The famed Bronco is known as “Big Oly” thanks to its Olympia
beer sponsorship and one of the most iconic American racing
vehicles of all time. Jones has owned it all these years and often
loaned it out for displays and events.

Parnelli Jones during his racing
days.

Rufus Parnell “Parnelli” Jones will turn 88 this August.

One of the final 2010 Pontiac G6 sedans moves down the
line at General Motors Orion assembly plant in Michigan.

On April 27, 2009, the struggling American auto giant General
Motors (GM) says it plans to discontinue production of its more
than 80-year-old Pontiac brand.

Pontiac’s origins date back to the Oakland Motor Car, which
was founded in 1907 in Pontiac, Michigan, by Edward Murphy,
a horse-drawn carriage manufacturer.

(FoxNews) – A one of a kind 1967 Chevrolet Corvette L88 is
scheduled to cross the block at the Mecum Auctions event
in Glendale, Ariz., on March 20.

The coupe is one of 20 1967 Corvettes specified with the
L88 option package, which essentially turned them into 
competition cars.

(FoxNews) – The 62nd running of the Daytona 500 on Sunday will mark the
start of a new era for NASCAR, following its landmark offseason acquisition
of International Speedway Corp.

NASCAR now owns the Daytona International Speedway, home of the
venerable season-opening race, as well as several other tracks included
in the $2 billion acquisition. While big changes related to the deal aren’t
expected until 2021, the transaction gives NASCAR unprecedented control
over its racing schedule as it reshapes its business to appeal to younger
fans.

“It makes a big difference,” NASCAR Chairman Jim France said of the merger.
“It gives us an opportunity to respond quicker to the changing environment
out here with the economy and all the things that are going on that impact motorsports. It was a major big step that we needed to make probably for
quite a while.”

NASCAR Chairman Jim France.