A 1967 Shelby Ford Mustang becomes the most expensive ever sold with a price tag of $1.3million
The Shelby’s have always been in vogue for those, who are looking at alternatives from the Ferraris and Lamborghinis of the past. We have seen plenty of muscle loaded pace friendly cars from the American car-maker like the Ford Mustang Shelby GT500 and the 1968 Shelby Green Hornet , which a classic favorite amongst geeks of yesteryear cars. Now we have come across a record breaking sale of the brand, when a particular 1967 Shelby was brought over for a price of $1.3million by a private collector. The sale took place at the Mecum’s Spring Classic Auction, making it the most expensive of the event, and also the most expensive Mustang ever sold at such a forum. On further search as to what made it so valuable, was the fact that it happens of the fastest Shelby of the 60s, and also happens to be the only one in the world today.
Like most cars commanding a premium price of over a million at auctions, this one too has a definite pack of firepower under the hood. This Shelby GT500 has been fitted with a GT40 MkII engine, which was crafted especially for this car alone. This was a 427 cubic inch V8 machine built on the sidelines of the Ford GT40 race car, one of the lesser known classic Ford models.
Shelby also happened to be a distributor of Goodyear tyres in the West Coast of the USA. This is perhaps why the GT500 was chosen amongst others to put on it’s economy line of Thunderbolt tires, which one will see here in original condition. This ‘Super Snake’ Shelby as it is also called, has managed to retain 97% of the original thread, after it was driven for 500 miles, with average speeds of 140 MPH each time around.
The 1967 Shelby had received a decent amount of attention when it was custom made, including the special blue lines running from the front to the rear end of the vehicle. DOn McCain wanted to create 50 special edition unit of this GT500, but the price factor came up as an obstacle. It was already twice the price of the standard GT500 and the Shelby 427 Cobra. In all, this makes it the only unit in the world, hence as collectable an unit of automobile as it can get.
The history of owners of this Shelby is partly unknown. On record, one traces the car to pilots James Hadden and James Gorman, from where it passed on to Bobby Pierce in 1970, where it remained for a period of 25 years. Before Pierce managed to get the car, the gearbox had been modified by the pilot owning duo, who changed the original 2.73 gear unit to a 4.10 unit. Then David Loebenberg, Charles Lillard, and Richard Ellis were subsequent owners who did their bit to care for this car. Though the new owner’s identity remains under wraps, he/she has sure quite the asset parked in the garage.