1968 Ford Mustang Shelby GT500

Salt Lake City, Utah | Mar 3, 2018

428 V-8 Manual

AUCTION
Salt Lake City, Utah
RUN
#77
YEAR
1968
MAKE
Ford
MODEL
Mustang Shelby GT500
STYLE
2-Door Convertible
ENGINE
428 V-8
TRANSMISSION
Manual
COLOR
Red

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1968 Ford Mustang Shelby GT500
 

Vehicle Identification Number 8T03S115950 

Home-reserved special order example
Professionally restored to exceptional condition
Accompanied by Shelby American build sheet and Marti Report
428 cid – 335 hp V-8 engine
5-speed Tremec manual transmission 

Carroll Shelby, who had won the 1959 24 Hours of Le Mans with Aston Martin and driven factory racers for Austin-Healey and Maserati, gained everlasting fame when he mated an American Ford engine with a British-built sports car from AC to create the immortal Cobra. Always looking for an opportunity, Shelby leveraged his relationship with Ford to manufacture modified Mustangs that were sanctioned by the factory and sold through selected authorized dealerships. The first Shelby Mustang arrived in 1965 and became a legend, but the second generation upped the performance ante with the installation of the 428 cid Cobra Jet Big Block V-8. First built at Shelby’s Los Angeles-based facility, production moved to A. O. Smith’s factory in Ionia, Michigan. Most experts consider these genuine rarities to be ultimate muscle cars and rapid continued appreciation seems to validate those opinions. This is surely one to drive and enjoy while it continues to increase in value over time. 

The Motorcar Offered
 

This Shelby GT500 was purchased through a home office special order (No. 2505) that specified a Traction-Lock differential with 3.50:1 gears, C6 automatic transmission, power steering, and front disc brakes. Less than 300 miles have been covered since a comprehensive restoration that allowed for the installation of a few discrete enhancements, which can easily be reversed to allow the car to be shown at the national Concours d’Elegance level. Among the changes are a 5-speed Tremec T-5 manual transmission, FiTech fuel injection, and four-core aluminium radiator with twin electric cooling fans. Fully documented with its build sheet from Shelby American and a deluxe level Marti Report, this is a remarkable automobile that will attract interest wherever it is driven or shown. 

Estimate:  $150,000-160,000