Tag: Shelby Mustang GT500

After 45 Years, a 1967 Shelby G.T. 500 Is Transformed From a Racer Into a Show Winner – David Conwill @Hemmings

After 45 Years, a 1967 Shelby G.T. 500 Is Transformed From a Racer Into a Show Winner – David Conwill @Hemmings

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If you pay under $100,000 for an authentic 1967 Shelby G.T. 500 these days, you’re doing pretty well. It’s not at all uncommon for nice examples to tickle the quarter-million mark at auction. Rare and exclusive to begin with, Shelbys have only gone up in value as the young men and women who wanted one when they were new have now reached the peak of their disposable income and free time. A Shelby like this was the dream of every Fordophile teen in the late ’60s, but they only built 2,050 of them, so they’ve always been an exclusive car.

Not every 17-year-old in 1967 could own a new Shelby G.T. 500, either, but John Briggs could. That’s because his mother, Mitzi Stauffer Briggs, was an heir to the Stauffer Chemical fortune and could easily afford the $4,714.67 sticker price. His father, also named John, had flown fighter planes during World War II. Perhaps unsurprising, then, that the big-block pony car seemed a perfect fit for the teenager with both money and a taste for high performance. Maybe it was, as that teen went on to become an adult who regularly competed in the Formula 2, Formula 5000, Formula Atlantic, and Can-Am racing series before his untimely death from leukemia at age 46 in 1996.

G.T. 500 was a lot of car for any driver, thanks in large part to the 355-hp, 428-cu.in. “Cobra Le Mans” V-8 — an FE-series big-block topped with two four-barrel carburetors. The ’500 only became possible for the 1967 model year because Ford had widened the engine bay in the Mustang to accommodate the FE-series 390 in its GT models. Shelby recognized immediately that where a 390 fit, so would go a 427 or 428. The milder, more streetable 428 got the nod for all but three special 427 powered 1967 GT500s that left Shelby American.

Based on casting dates, this seems to be the original 428. The first owner raced it and the car still wore period speed parts when restoration began. Luckily, most of the factory gear was still with the car

As a part of the package, Shelby also included additional cooling, a suspension beefed up for handling, a special steering wheel, a deluxe interior, an integrated roll bar, a remote mirror, a tach, and additional gauges to monitor oil pressure and amps. The G.T. 500 also included power steering, power disc brakes, shoulder belts, a radio, and a fold-down rear seat. The four-speed was a no-cost option and California emissions equipment was mandatory.

Right off the lot, Car and Driver discovered a G.T. 500 was capable of 0 to 60 mph in 6.5 seconds and a quarter-mile run in just 15 seconds at 95 mph. Box stock, it was a highly capable machine and a flourishing aftermarket existed to make any muscle car even more muscular.

Despite its impressive equipment list and the current desirability of all things Shelby, young John didn’t keep his G.T. 500 long, selling it to the family gardener, Joe Tanouye, for $1,500 in August 1969. In the two years he owned it, however, John made extensive use of the car, road racing it at Laguna Seca (now WeatherTech Raceway Laguna Seca) and drag racing it. He also took advantage of many aftermarket parts for his Shelbyized pony car

A “For Sale” sign discovered in the Shelby during disassembly boasted that the car was capable of accelerating from 0 to 120 mph in 12.5 seconds, thanks to over $6,000 in modifications, including Traction Master bars, an Isky Racing camshaft kit, headers by Doug [Thorley], 4.11 gears, Super-Duty Monroe load-leveler rear shocks, a Hurst shifter, American Racing mag wheels, Goodyear tires (inside rear-wheel arches radiused to accommodate slicks), and a magneto with dual coils. The sign also suggested that the interior had been gutted, though it was included in the sale.

What was missing was the entirety of the California emissions equipment, which prevented Tanouye from ever registering the car for road use during his ownership. Instead, it sat on a paved slab behind his house in Redwood City, California, until 2014. Joe Tanouye had died in 2012 and his son, Nick, put the car up for sale. It was spotted by Ward Gappa, of Quality Muscle Car Restorations LLC, in Scottsdale, Arizona.

Ward was impressed with the completeness and low mileage of the old Shelby and acquired it to restore, although it had been “beat to death in its first two years.” That decision was bolstered by the lack of rust and early ownership history, making it what Ward felt was a “good investment.”

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From street racing to 11-second timeslips: Dad’s Shelby G.T. 500 kept racing after he sold it – Matt Litwin @Hemmings

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Bride-to-be mom alongside dad’s 1968 Shelby G.T. 500 shortly after its purchase. Photo courtesy of Ray Litwin.

Twenty-four months. That’s essentially the duration my father shopped for, negotiated the purchase of, and owned his brand-new 1968 Shelby G.T. 500. On paper, the last 12 months of that timeframe doesn’t seem like one could accumulate enough enjoyment out of a dream car he financed for close to $5,000, yet he did. As discussed previously, once in his possession, the Shelby was enhanced with an aftermarket carburetor, was used as a daily commuter, burned through untold tanks of Sunoco 260 with alarming regularity, and, as I recently learned, was street raced to a perfect 3-0 record.

Dad drove his year-old Shelby G.T. 500 to Simon Ford, where it was traded in for a special-ordered 1969 Ford LTD loaded with every option, save for a 429-cu.in. engine. The G.T. 500 then appeared in this ad listing it for sale. In today’s money, that $4,195 asking price equates to $30,780.

It also was a hot ride—we’re talking engine heat—on top of already looking more and more like an impractical car for a young couple who were about to marry and buy their first house. It was enough to prompt Dad to trade the car in for something completely different: a 1969 Ford LTD Brougham. It was a car he and my mom owned for four years, which then started an endless buy/sell phase of car ownership that has been a part of the family legacy. Despite the variety of steeds, though, the one consistent question has always been, “Whatever happened to the Shelby?”

Almost immediately after the Shelby appeared in a local newspaper ad, Lilyan McGary—a resident of nearby Fitchville, Connecticut—arrived at Simon Ford to purchase the high-performance car for her son; according to lore, it was to be his first car. Over the course of the next several months, my dad remembered seeing the new owner(s) scooting along the area roads in the Shelby on several occasions before it slipped into the realm of former-car obscurity. How often it was driven, or the nature of its use when in the hands of the McGary family, is anyone’s guess to this day. Records make it clear, however, that on April 5, 1973, the G.T. 500 was purchased by nearby Canterbury resident Cliff Williams.

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Legend of the Green Hornet – BARRETT-JACKSON

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The restoration of a lifetime! The incredible story of how Barrett-Jackson CEO and Chairman Craig Jackson and an elite team of automotive restoration specialists set out to restore the rarest and most desirable Shelby Mustang of all time, the 1968 EXP 500 Green Hornet.

The Green Hornet’s provenance of being a double prototype puts it into a unique category and represents a rolling history of what was happening within Ford and Shelby American in the heyday of the American muscle car era. The performance DNA of all modern Mustangs and Shelbys leads back to this very car, making this 1968 Ford Mustang Notchback Coupe – as Carroll Shelby once said – “the one and only Green Hornet.”

More here at Barrett Jackson

The Hunt for Little Red – BARRETT-JACKSON

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It was assumed lost for over 50 years, another prototype destined for the crusher. Except this one wasn’t. Witness the incredible story of Barrett-Jackson CEO and Chairman Craig Jackson’s personal quest to find and restore the mythical father of the Mustang California Special, the 1967 Shelby GT500 Prototype (EXP 500) known as “Little Red.” Discovered sitting in a Texas field, Little Red was Carroll Shelby’s way of getting the better of Ferrari’s road cars and the first of many incredible innovations. Get ready for the journey – exploring the restoration for one of the rarest cars on Earth!

More here on Barrett Jackson

Find of the Day: Flash Gordon’s 1968 Ford Mustang Shelby G.T. 500 – Barry Kluczyk @Hemmings

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The 1968 model year was an interesting one for the Shelby lineup. Ford took increasing control in all aspects of the cars’ design, production, and marketing. Notably, production shifted from Shelby’s Los Angeles facility to a specialty factory run by A.O. Smith, in Ionia, Michigan — the same company tasked with producing the cars’ unique fiberglass body components. Additionally, Shelby opened an office in one of Motown’s industrial suburbs.

It was also the second year for the big-block-powered G.T. 500, with its Police Interceptor-based 428 engine. And while the original Shelby models were stripped-down, track-focused performers, the later Sixties saw an evolution of them into more luxurious muscle cars, like this 1968 G.T. 500 four-speed convertible, in Candy Apple Red, that’s offered on Hemmings Auctions. Along with its lid-lowering option, a Marti Report indicates it’s one of only four such convertibles ordered with factory air conditioning.

That makes it one rare Shelby, but according to the seller, the original owner was also a former Olympian and Hollywood action star: Buster Crabbe. After winning a gold medal in swimming at the 1932 Olympics, he went on to portray Tarzan, Buck Rogers, and Flash Gordon in popular film serials of the 1930s and 1940s. When his acting career began to slow, he became the public face of a New Jersey swimming pool manufacturer and it’s the Garden State where he apparently purchased this G.T. 500.

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1967 Eleanor Mustang From ‘Gone In 60 Seconds’ Up For Sale – Edward Snitkoff @FordAuthority

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The Ford Mustang initially achieved cinematic immortality in Bullitt, a 1968 film starring Steve McQueen that featured some of the best car chase scenes of all time. Fortunately, it wasn’t the last Hollywood production to give the pony car a starring role. Gone in 60 Seconds, the 2000 remake starring Nicolas Cage and Angelina Jolie, introduced the iconic 1967 Eleanor Mustang to the world, and things haven’t been quite the same since. The Eleanor was an incredible and unique take on the ’67 Shelby GT500, and enthusiasts as well as those who aren’t your typical “car people” instantly fell in love with the design.

Three Eleanors survived production to make it into the hands of private collectors. As Ford Authority previously reported, one of them sold for quite a bit of money back in January 2020. That example went to auction, but the Eleanor featured here today is simply being offered for sale by a German dealership.

The 1967 Eleanor Mustang for sale at ChromeCars is #7 of the 11 originally built for the movie. Cinema Vehicle Services, the company responsible for producing the Mustangs, worked with legendary automotive designers Steve Sanford and Chip Foose on the design, which explains why they look so great.

This particular Eleanor has traveled far and wide over the last 20 years. A British collector brought it to Europe some time before 2012. Then, ChromeCars purchased it in 2017 and transported it back to Los Angeles to revisit the original film locations. It then made its way back across the Atlantic to Germany, where it currently resides.

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1967 Shelby GT500 Is A Nut And Bolt Restoration – Shane McGlaun @FordAuthority

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Sometimes when people have a classic Mustang restored, the cars look like new, but the restorer doesn’t take the time to restore everything on the car. This 1967 Ford Mustang Shelby GT500 isn’t one of those cars. This 1967 Shelby GT500 has had a meticulous nut and bolt rotisserie restoration at Legendary Motor Car, the same company that is now offering the GT500 for sale.

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