This Ford Mustang 1967-1968 got away, but there are more like it here.

This Shelby Mustang GT500 is one of 1,020 fastback versions built for the 1968 model year and was manufactured on December 11, 1967 before being delivered to Hemphill-McCombs Ford in San Antonio, Texas. The car was refinished in Acapulco Blue over black knitted vinyl by GMP Cars of Novato, California between 2011 and 2012 before being purchased by the selling dealer in 2015. Power is provided by a 428ci V8 mated to a four-speed manual transmission, and additional equipment includes power-assisted steering and front disc brakes, a fold-down Sport Deck rear seat, and an aftermarket steering wheel. This GT500 is offered in Kansas with a Deluxe Marti Report, refurbishment photos, removed parts, and a clean California title.

1968 Shelby Mustang GT500 4-Speed

The GT500 was added to the Shelby American lineup in 1967 and retained much of its initial styling for the 1968 model year, including an elongated fiberglass hood and nose extension, a fiberglass trunk lid with a ducktail spoiler, and air scoops on the sail panels and fenders. Design changes for 1968 included more-forward placement of the functional hood scoops, a revised grille opening with square fog lights, and Thunderbird-style taillights.

A walk-around video is provided above. The car was finished in Acapulco Blue (D) from the factory, and was disassembled and repainted for the owner of GMP Cars. White Le Mans stripes complement matching rocker accents. Close-ups of the finish, trim, lenses, and Carlite glass etchings are provided in the photo gallery below.

1968 Shelby Mustang GT500 4-Speed

Bright wheel lip moldings came fitted from the factory. Aluminum 10-spoke 15” wheels are wrapped in 235/60 Goodyear Eagle G/T white-letter tires. The car is equipped with power-assisted steering as well as front disc and rear drum brakes, and has been fitted with adjustable Koni shock absorbers.

1968 Shelby Mustang GT500 4-Speed

The cabin was retrimmed in black vinyl with color-matched loop carpeting. The Interior Décor Group added Comfortweave seat inserts as well as simulated woodgrain appliqués on the dash, consoles, and doors, while under-dash courtesy lights as well as illumination in the glovebox, trunk, and engine compartment were part of the Visibility Group. Additional equipment includes a fold-down Sport Deck rear seat, a Tilt-Away steering column, and an AM radio.

1968 Shelby Mustang GT500 4-Speed

A wood-rimmed steering wheel has replaced the stock version, which is also included in the sale. Instrumentation includes a tachometer, a 140-mph speedometer, and a five-digit odometer that shows just under 950 miles since being reset during the 2011-12 work.

1968 Shelby Mustang GT500 4-Speed

The replacement 428ci V8 features a 760-cfm four-barrel Holley carburetor as well as a Cobra air cleaner and finned valve covers. The selling dealer has provided a cold-start video.

1968 Shelby Mustang GT500 4-Speed

Power is sent to the rear wheels through a four-speed manual transmission. Additional underside photos are provided in the gallery to show surfaces coated in red oxide primer as well as the drivetrain, exhaust system, and suspension.

1968 Shelby Mustang GT500 4-Speed

The Deluxe Marti Report lists the original colors and options in addition to the car’s build date and delivery to Hemphill-McCombs Ford.

1968 Shelby Mustang GT500 4-Speed

Images from the 2010s project are included in the gallery, as are a list and photos of removed parts that are included in the sale. A ride-along video is shown below.

Auction Result

Winning Bid USD $131,220 by user4542
Auction Ended February 10, 2021 at 12:47PM PT
Bids 30
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BaT Essentials

Seller: sjjn1162
Location: Overland Park, Kansas 66221
Listing Details
  • Chassis: 8T02S129534-00452
  • 950 Miles Shown, TMU
  • 428ci Police Interceptor V8
  • Four-Speed Manual Transmission
  • Acapulco Blue w/White Le Mans Stripes
  • Black Knitted Vinyl Upholstery
  • Interior Decor Group
  • Fold-Down Rear Seat
  • Power Steering & Front Disc Brakes
  • AM Radio
  • Removed Parts
  • Deluxe Marti Report
Private Party or Dealer: Dealer
Additional charges from this dealer: USD $0
Lot #42953