Single-Family-Owned 1968 Shelby Mustang GT500KR
- Chassis: 8T02R210938
- 1991 Refurbishment
- 6k Miles Shown, TMU
- 428ci Cobra Jet V8
- Four-Speed Manual Transmission
- 3.50:1 Traction-Lok Differential
- Reapinted in Yellow
- Black Knit Vinyl Upholstery
- Fold-Down Rear Seat
- Visibility Group
- Philco AM Radio
- Power Steering & Front Disc Brakes
- 15" Aluminum Wheels
- Deluxe Marti Report
- 1969 Sales Invoice
BaT History (1 entry)
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This 1968 Shelby Mustang GT500KR is one of 1,053 “King of the Road” fastback models constructed during a production run from April through July 1968. The car was built on June 20, 1968, and was purchased new from LOH Ford of Bridgeport, Connecticut, on January 30, 1969 by the seller’s brother. The seller acquired the car in 1989, and refurbishment work completed in 1991 included an overhaul of its 428ci Cobra Jet V8, rust repair, and a repaint in its factory yellow color. Additional equipment includes a four-speed manual transmission, a 3.50:1 Traction-Lok differential, front disc brakes, replacement 15″ alloy wheels, and power steering as well as the Interior Décor and Visibility Group packages. Recognition has included first place at the 18th Shelby American Automobile Club (SAAC) convention in 1993. This GT500KR is now offered with a Deluxe Marti Report, a window sticker, a 1969 sales invoice, an owner’s manual, a 1993 copy of Mustang Monthly magazine featuring the car, and a Connecticut registration document in the seller’s name.
Added to the Shelby American lineup for the latter half of the 1968 model year, GT500KR models shared their styling with the GT500 but were fitted with a higher-powered 428ci Cobra Jet engine. This example was declared a total loss following collision damage in 1971 and subsequently repaired. After a period of storage, it was repainted in its factory yellow during the 1990s refurbishment according to the seller, who notes the front fenders, the floor pans, and quarter panels were replaced in the process. Shelby-specific equipment includes grille-mounted fog lights, a fiberglass hood with a ram-air scoop, air scoops on the sail panels and rear fenders, a Kamm-type rear spoiler, and Thunderbird-style taillights with sequential signals.
The 10-spoke 15″ alloy wheels wear Shelby center caps and are mounted with older Goodyear white-letter tires. A matching spare is stored in the trunk. The car is equipped with power-assisted steering as well as front disc and rear drum brakes.
The Interior Décor Group specified textured inserts on the black vinyl seats and simulated woodgrain appliqués on the dashboard, center console, and door panels. A roll bar with inertia-reel seatbelts was standard equipment in 1968 Shelby Mustangs, and this example is also equipped with a Philco AM radio and fold-down rear seats. The seller notes the driver’s shoulder harness does not retract.
Instrumentation includes an 8k-rpm tachometer and 140-mph speedometer flanked by gauges for coolant temperature and fuel level. A Stewart-Warner oil-pressure gauge and ammeter are mounted in the center console, and under-dash courtesy lights and illumination in the glovebox, trunk, and engine compartment were added as part of the Visibility Group. The five-digit odometer shows approximately 6k miles and has rolled over according to the seller, who noted approximately 3k miles have been driven since completion of the refurbishment.
The 428ci Cobra Jet V8 was rebuilt under current ownership and features cast aluminum valve covers with “Cobra Le Mans” lettering as well as a four-barrel carburetor. Factory-rated output was at 335 horsepower and 440 lb-ft of torque. The air cleaner housing bears Carroll Shelby’s signature, and the removed emission-control components are included in the sale according to the seller.
Power is sent to the rear wheels through a four-speed manual transmission and a 3.50:1 Traction-Lok differential.
The January 1969 sales invoice shows specifications and options, a vehicle trade-in, and total price of $5,039. Additional documentation includes a window sticker, and an owner’s manual bearing Carroll Shelby’s signature, a January 1993 issue of Mustang Monthly magazine, and a 1998 calendar featuring the car.
The Deluxe Marti Report lists the original colors and options in addition to the car’s build date and production statistics.
The car does not have a title, as it is registered in a state that does not issue titles for a vehicle of its age. It is being sold on its Connecticut registration.