Worldwide Auctioneers
  1. 1967 Shelby GT500

  2. 1967 Shelby GT500

  3. 1967 Shelby GT500

  4. 1967 Shelby GT500

  5. 1967 Shelby GT500

  6. 1967 Shelby GT500

  7. 1967 Shelby GT500

  8. 1967 Shelby GT500

  9. 1967 Shelby GT500

  10. 1967 Shelby GT500

  11. 1967 Shelby GT500

  12. 1967 Shelby GT500

  13. 1967 Shelby GT500

  14. 1967 Shelby GT500

  15. 1967 Shelby GT500

  16. 1967 Shelby GT500

  17. 1967 Shelby GT500

  18. 1967 Shelby GT500

  19. 1967 Shelby GT500

  20. 1967 Shelby GT500

Lot Number
135

1967 Shelby GT500
2017 The Texas Classic Auction

ESTIMATE: $170,000 - $190,000
CHASSIS NO: 67400F8U00819
• Original owners manual, warranty card, and Shelby tag
• Outstanding concours restoration
• Rare and highly sought-after color combination
• Numbers matching engine and four-speed manual transmission
• Documented in the Shelby Registry and accompanied by the Marti Report

428 cid Police Interceptor V-8 engine rated at 355 HP, dual Holley BJ-BK carburetors, Toploader four-speed manual transmission, independent front suspension with unequal A-arms and coil springs, live rear axle with semi-elliptic leaf springs, power front disc and rear drum brakes; wheelbase: 108”


Completely restyled for 1967, the Shelby Mustang was now capable of accepting Ford’s big-block V-8, and thus the Shelby GT500 was born. Numerous styling enhancements were made by Shelby American to give the car a unique look that was considerably more distinctive than the standard production Mustang. A special front end and hood with twin air scoops was fitted to the car, and functional air scoops were added to the sail panels and lower quarter panels to provide cooling to the brakes. Additionally, a pair of large European-style driving lights was mounted in the radiator grill, and an integrated rear spoiler was added to the trunk.

The interior utilized Mustang GT-level appointments with bucket seats and Décor upholstery, and a wood rimmed Italian steering wheel, Stewart-Warner under-dash gauge pod, and brushed aluminum trim pieces on the dash and door panels gave the interior a more sophisticated appearance. However, the 140-mph speedometer and integrated roll bar with inertia-reel shoulder harnesses hinted at what was in store.

It was the “dual quad” 428 Police Interceptor that really transformed a Mustang into the Shelby GT500, and 1967 was the only year Shelby offered multi-carburetion. Topped with a pair of BJ-BK Holley carburetors, the engine was conservatively rated at 355 horsepower for insurance purposes, but its actual output was considerably more. Connected to a four-speed manual Toploader transmission, the engine sent all 420 ft-lbs of torque to a 3.50:1 geared rear-end providing brutal acceleration and necessitating power disc brakes on the front to keep things in check.

For many enthusiasts, the 1967 Shelby GT500 represented the pinnacle of the breed as it was the first year for the big block, the only year for dual carburetion, and the last year for Shelby-based production in California before production was transferred to Michigan under Ford corporate control the following year. Only 2,048 examples of this legendary car were built, and a lot of them did not survive at the hands of over-enthusiastic drivers. The GT500 was a premium car with few available options aside from color. This particular example, finished in Brittany Blue with a Parchment interior, is one of the rarer and more desirable color combinations offered.

This example was originally built at the San Jose Ford plant on January 26, 1967, five days ahead of schedule, and then sent to Shelby American at their LAX facility where it was completed as a Shelby GT500 on February 20, 1967. Three days later, it was shipped to McFaydens Co. in Omaha, Nebraska. The Shelby was originally purchased by Ross S. Lorello, Jr. of Omaha, Nebraska on March 15, 1967, as documented by the original owner warranty card. The second owner purchased the car sometime in 1968 and it stayed in his possession for many years before selling the car in the early 2000s. The third owner had Thornton Autoworks in Tedford, Pennsylvania completed a meticulous, “nut and bolt” restoration of the car to concours standards. The beautiful paint is glossy with a deep shine, and the interior is largely original and remarkably well-preserved. All of the mechanicals on the car were rebuilt and the drivetrain, including the unique BJ-BK carburetors, is numbers matching and correct to the car. Even the optional Kelsey-Hayes Mag Star deluxe wheels along with the spare tire in the trunk are original to the car. The original Ford VIN numbers have been verified with SAAC and confirmed by the Marti Report, and the Shelby is listed with the Shelby Registry. Additionally, the car retains its original owner's manual and owner warranty registration, and even the dash is signed by Carroll Shelby himself. The current vendor acquired the Shelby over a decade ago and it has been carefully maintained in his private collection.

The 1967 Shelby GT500 offered here is a superior example with exceptional rarity and quality and a pedigree to match. Numbers matching big block Shelbys with four-speed manual transmissions and "inboard" headlights found only on the earlier production cars are highly sought-after today and, with its distinctive color combination, this example is one of only 66 total Shelbys built in 1967. It is a testament to the legacy of Carroll Shelby and would make an excellent addition to any collection.

1967 Shelby GT500
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