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FOR SALE; FORD SHELBY MUSTANG GT500 // BARN FIND // STORED 42+ YEARS // RARE OPTIONS // 2 OWNERS
AVAILABLE @£134,995 // LOCATED 20 MINUTES FROM GATWICK AIRPORT
428-4V Cid Police Interceptor V8 Engine (S-Code), Original Holley 4-Barrel Carbs, C6 Auto Transmission, 3.50:1 Rear Axle, Extra Cooling Package, Wimbledon White Paint, Blue Decals, ‘Firecracker’ Tail Lights, Power-Assisted Front Discs, 15″ Steel Wheels, Shelby Hubcaps, Shelby A.O. Smith Fibreglass Pieces, Power Steering, Black Knit Vinyl Upholstery, Rear Sport Deck Seat, Deluxe Seatbelts, Visibility + Interior Decor Groups, Shoulder Harnesses, Tilt-Away Steering Wheel, AM Radio
Wearing its original combination of Wimbledon White with Blue decals this example is surely one of the most complete, surviver GT500s in existence; stored by the 2nd owner in 1974 the car remained parked in the same spot until 2016 and so the cars period condition has been almost entirely preserved, with just a few period paint touch-ups to note.
Understandably the car is no garage queen but still remains a very solid example; free from any signs of structural corrosion the largely original paintwork shows some signs of age in the form of surface rust with mean the car could easily be treated and preserved, or equally the ideal candidate for a concourse restoration.
Mirroring the condition of the exterior, the cabin of the Shelby is very well specified and shows in highly original condition, retaining incredible details such as the factory mounted door tags and even a production line ticket under the dashboard. Upholstery is a black vinyl knit, covering the front bucket seats and optional rear Sport Deck seat, with contrasting wooden veneer throughout.
Factory Shelby details also remain in place, with branded Deluxe seat belts, steering wheel and even the embossed central armrest still present and showing in good condition.
Overall the interior of the car presents incredibly well, with no major signs of wear the only things to note are some fading of the chrome work, veneer and vinyl surfaces due to the cars age.
ENGINE & TRANSMISSION
Size matters for muscle cars, so dropping a 7 litre V8 into a Mustang has to be a good thing. Remaining in this example is the original 428-4V CID police interceptor V8 engine (S-code), original Holley 4-barrel carbs, extra cooling package, C6 Auto transmission and 3.50:1 rear axle, creating an impressive set up that Shelby claimed could to launch the GT500 from 0-60mph in just 5.7 seconds.
Servicing work was carried out in 2018 after the car was rescued from storage and included fitment of a new starter, spark plugs and wires, ignition points, coil, and fuel line. The exhaust system was also replaced from the X-pipe rearward however the replaced parts are available with the vehicle.
WHEELS, TYRES & BRAKES
Rounding off the classic muscle car look of the Shelby are the original 15″ steel wheels with their dealer fitted Shelby 5 Spoke hubcaps. Sears whitewall tyres sit at each corner and are believed to be the same set from 1974, when the car was last used before being parked up for almost 40 years.
Built on 31/01/68 this stunning GT500 was sold by Ed Martin Inc. of Indianapolis, Indiana, to a Mr Harold Brewer, with an original list price of $4,824 as indicated by the original Shelby order form, and specification confirmed by a Marti Report and original factory build sheet.
In 1974, after 70k+ miles the first owner decided to sell the GT500 and so the car was placed on a used car forecourt in Greenville, Ohio, where the car was sold to the Dillan family who used the car for just a few months. Unfortunately their financial situation changed and the car was returned, under the understanding it could be purchased back at a later date and as such the Shelby was placed into storage. Surprisingly the family never returned and so the Shelby resided in with the dealer, Mr Howard Brewer, who placed the car in separated locked storage unit along with 2 other cars where they was forgotten about after he passed away.
Rumours of the vehicles were passed through the family and local area but the cars remained buried in storage until 2014 when they were re-discovered by Mr Brewer’s niece and nephew, after his wife Betty Brewer produced a box of skeleton keys for the forgotten units. All 3 cars remained in place until Mrs Brewer passed away in 2016 and the cars were sold to a well known US car dealer, who was also provided with some crucial photographs of the car in period from children of the Dillan family, the 2nd owners of the Shelby. Thanks to the photographs and stories from the Dillan family the dealer was able to verify many specific details of the car, including the tyres, which remained when it was uncovered in 2016.
Present with the car is the original order form, build sheet, production ticket, US bill of sale, period photographs and 2 sets of keys.
Please visit our website for a full write up and additional photographs.