1967 Shelby GT500 Mustang Fastback
This gorgeous 1967 Shelby GT500, No. 2720, autographed by Carroll Shelby goes up for auction at Mecum’s Auction upcoming event at the Indiana State Fairgrounds & Event Center.
Introduced in early 1967, this Candyapple Red 1967 Shelby GT500, like all 1967 GT500s, started its life as a 390 Mustang fastback before the team at Shelby American converted it to high-performance pony car. In order to distinguish from the regular Mustangs, the Shelby outfitted the car with newly styled fiberglass body components, including a hood with scoop, front end with grille-mounted high-beam headlights, upper and lower side scoops and a rear end with spoilered trunk lid and distinctive horizontal Thunderbird tail lights. Standard equipment from Ford included power steering and brakes, wood-rim steering wheel, roll bar with shoulder harnesses as well as fold-down rear seat and Deluxe interior, which was updated to Shelby specs with an under-dash pod with twin Stewart Warner gauges. The ’67 Shelby GT500 is the first production car to offer a rollover bar as standard equipment.
Under the hood, the twin 4-barrel induction 428 cubic inch V8 engine was topped by finned-aluminum Cobra valve covers and an oval open-element air cleaner. Shelby claimed it was capable of 355 hp, but according to those who drove them the real number was over 400 hp.
One of only 2,044 GT500s produced, this Shelby is equipped with the Kelsey Hayes 10-spoke aluminum wheels with Goodyear Polyglas tires, white Le Mans stripes, dealer-installed KONI shock absorbers, outboard driving lights and the desirable 4-speed transmission.
The car is professionally restored by Ray Shimak, which detailed the GT500 down to the original BJ and BK series carburetors and factory markings on the undercarriage, which has resulted in AACA Junior and Senior awards. Inside, the entire interior is original besides newer carpet and seat upholstery. The car comes with an original order sheet, owner’s manual, Deluxe Marti Report, and reproduction window sticker, while the passenger-side instrument panel was signed by Carroll Shelby before he passed away in 2012.
Set to go up for auction at Mecum’s Auction upcoming event at Indiana State Fairgrounds & Event Center, which will be held between the 16th and 21st of May, this restored example is expected to sell for between $185,000 and $210,000.