BaT Auction: 1967 Shelby Mustang GT500

This 1967 Shelby Mustang is one of 2,048 GT500 fastbacks produced for the model year and was completed on January 24, 1967. The car was sold new by Stark Hickey Ford in Royal Oak, Michigan, and was purchased by the seller in 2006 as a project from Mason’s Hot Rods of Spartanburg, South Carolina. A multi-year rotisserie restoration was subsequently carried out and included a repaint in black with white stripes. Power comes from a rebuilt 428ci Police Interceptor V8 that is backed by an optional Select-O-Matic three-speed automatic transmission. Other factory options include the Extra Cooling Package, power steering and brakes, a tachometer, shoulder belts, and a fold-down rear seat. About 1,000 miles have been added by the seller since the restoration was completed in 2013. This GT500 is now offered with a copy of its original invoice, an Elite Marti Report, restoration photos and invoices, and a clean Georgia title in the seller’s name.

The GT500 was added to the Shelby lineup in 1967 as a higher-powered alternative to the GT350. Chuck McHose and Peter Brock were tasked with styling the 1967 Shelby Mustangs in order to visually distinguish them from other Mustang variants. This included adding a fiberglass trunk lid with an integrated Kamm-type rear spoiler, an elongated fiberglass hood and nose extension, horizontal sequential taillights, and functional brake ducts on the rear quarter panels.

This example was originally painted Lime Gold and during the restoration was refinished in black by Mason’s Hot Rods of Spartanburg, South Carolina. Exterior features include white Rallye stripes and center-mounted high beams. The finish and trim are shown up close in the photo gallery below.

Optional 15” Kelsey-Hayes Mag Star alloy wheels are mounted with BFGoodrich Radial T/A tires, sized 215/65 all around. The power-assisted brake system features discs up front and drums out back. A video tour of the vehicle can be viewed above.

The refurbished cabin is trimmed in black vinyl with matching carpeting and Deluxe brushed aluminum trim on the dash and door panels. Amenities include the Interior Decor and Courtesy Light groups, three-point front seatbelts, a fold-down rear seat, and an updated radio with iPhone connectivity.

The wood-rimmed steering wheel frames a 140-mph speedometer and an optional 8k-rpm tachometer, as well as a quartz clock. Stewart Warner gauges for oil pressure and amperage are mounted under the dash. The five-digit odometer shows just over 41,500 miles, approximately 1,000 of which have been added by the seller.

The FE 428ci Police-interceptor V8 was rated for 355 horsepower and 420 lb-ft of torque when new and came equipped from the factory with the Extra Cooling Package and dual Holley four-barrel carburetors. A cold-start video can be viewed here.

Power is sent to the rear wheels through a Select-O-Matic C-6 three-speed automatic transmission and a 9″ rear end. Additional underside photos are provided in the gallery below.

Restoration photos depict various stages of the project, including bodywork on a rotisserie, an engine rebuild, and final assembly. Invoices for some of the work are pictured in the gallery.

An Elite Marti Report confirms the factory colors and options and is accompanied by a copy of the original invoice. A driving video is attached below.

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