Former Carroll Shelby-Owned 1967 GT500 Heads to AuctionA 1967 Shelby Mustang GT500 once owned by legendary automotive designer Carroll Shelby is attracting significant attention as it heads to auction, offering collectors a rare opportunity to purchase a muscle car tied directly to one of the most influential names in American performance history.Check out these cars for sale:1983 Buick Electra Park Avenue1951 Pontiac Chieftain Custom Street RodPierce Arrow MotoretteAdvertisementAdvertisementCadillac DevilleThe GT500, currently listed on Bring a Trailer, stands out not only because of its place in Shelby Mustang history, but also because it previously belonged to Shelby himself. The vehicle was reportedly acquired by Shelby and longtime business partner Stephen Becker around 1999 before eventually passing to its current owner in 2011.Finished in Wimbledon White with blue racing stripes and matching GT500 side graphics, the fastback reflects the aggressive styling that helped define Shelby-modified Mustangs during the late 1960s. The car rides on period-style 15-inch aluminum wheels and retains a largely factory-correct appearance inside and out.Inside the cabin, the GT500 features black vinyl upholstery, a woodgrain steering wheel, and a 140-mph speedometer, all elements associated with Shelby’s high-performance Mustangs from the era. During Shelby’s ownership, the car also received several updates intended to improve drivability, including the installation of a modern air-conditioning system. The engine was additionally upgraded with headers after being refreshed during the 1980s.AdvertisementAdvertisementThe odometer currently shows 59,000 miles, and the vehicle appears to have been carefully maintained over the years based on the auction listing photographs.The GT500 represents an important chapter in Shelby Mustang history. Shelby American introduced the first Shelby Mustang, the GT350, in 1965 as a more aggressive and track-focused version of Ford’s first-generation Mustang fastback. The formula combined upgraded performance hardware with styling cues inspired by Shelby’s successful AC Cobra sports cars.By 1967, Shelby American expanded the lineup with the introduction of the more powerful GT500. While the GT350 used a 4.7-liter Windsor V-8 producing 306 horsepower, the GT500 arrived with a much larger 7.0-liter Police Interceptor V-8 rated at 355 horsepower, giving the car a more muscular personality both visually and mechanically.The 1967 model year also marked the final period before Ford assumed greater control over Shelby Mustang production, making early GT500 models especially significant among collectors today.AdvertisementAdvertisementInterest in the car has already pushed bidding to 220,000 Euros, or roughly $258,000, ahead of the auction’s closing date on May 18. Although the GT500 is currently located in Greece, the listing notes that shipping to the United States is included.With its combination of big-block Shelby performance, recognizable 1960s styling, and direct connection to Carroll Shelby himself, the car represents a particularly rare piece of American muscle car history that is unlikely to go unnoticed by collectors.Vis Bring a Trailer⚡️ Read the full article on MotoriousSign up for the Motorious Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.
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