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1965 Shelby Mustang GT 350 R Competition HardTop

  • Chassis Number: SFM5R102
This 1965 Shelby Mustang 350R Fastback with chassis number SFM5R102 was one of the first group of 15 R-models produced by Shelby. It was completed in May of 1965 and consigned to Bob Johnson of Columbus Ohio. It is important to note that this vehicle was not sold, but 'consigned' meaning 'to entrust' or 'to give over to the care of another'. Sponsorship was provided by Ricart Ford with backed with factory support from Shelby America. Johnson was chosen because of his reputation and his racing accomplishments. He had been racing Corvettes in the B/Production where he captured the championship in 1960. He acquired a 1963 Shelby Cobra and raced it in the SCCA A/Production, which he won the Championship two years in a row, beginning in 1963.

It is believed that the GR350R given to Johnson on May 11th, 1965, was one of only four factory team cars which joined the ranks of 001, 002, and 096. 001 and 002 were prototypes raced by Jerry Titus and Chuck Cantwell. Four days after received the car, Johnson entered into SCCA races at Cumberland, Maryland. He qualified fourth but his position was protested by Don Yenko who had entered a Corvette. As a result, Johnson found himself at the back of the pack. When the checkered flag fell, Johnson had maneuvered his machine to a second overall finish and first in B/Production.

The GT350R's were a special breed of racing cars. They were equipped with dual S-W electric fuel pumps, baffled steel high capacity oil pans built by Avaid, modified steel valve covers were breathers, and competition bucket seats.

At Meadowdale, Johnson finished first in class and second overall. At Mid-Ohio on June 13th, he finished first in class and overall, his best finish to that point in a GT350R. On July 5th, he finished first and class and fourth overall. Six days later he was back at Mid-Ohio where he scored a second in class. The following month he was at Lynndale Farms where he finished second overall and in class. He had accumulated a total of 51 point in the division which was enough to earn him an SCCA B/Production National Champion. This amazing accomplishment was achieved even with a late start to the season. To add to this, the GT350R's swept the SCCA B/Production Championship, taking five of the six divisions.

On November 28 at the American Road Race of Champions in Daytona, there were seven GT350R's all racing for top honors in the B/Production field. A heated and competitive battle, including the beefed up Shelby Mustangs, Cobras, and Jaguar XKE's had their drivers struggling for position. Johnson finished second in class behind Titus.

At the conclusion of the race, Johnson returned 5R102 to Shelby American where it was rebuilt and sold to Ron Dykes. Dykes raced it on November of 1966 at the second ARRC in Daytona but failed to finish. Barrey Robles, the next owner, was invited to the 1967 ARRC in Daytona race but he failed to find sponsorship. In 1969 it was raced to a Cal Club SCCA Regional Championship in B/Production. It was retired from active racing 1971.

It has undergone a restoration and is currently in its 1965 SCCA National Championship configuration, including Shelby team Wimbledon white with blue stripes.

By Daniel Vaughan | Mar 2011

No auction information available for this vehicle at this time.

1965 Shelby Mustang GT 350 R Competition Auction Sales

Recent Sales of the Ford Mustang GT 350 R Competition

(Data based on Model Year 1965 sales)
1965 Shelby GT350 R
Chassis#: SFM5R212
Sold for USD$885,000
  2023 Broad Arrow : Monterey Jet Center
 
1965 Shelby GT350R Prototype
Sold for USD$3,750,000
  2022 Mecum : Kissimmee
 
1965 Shelby GT350 R
Chassis#: SFM5R101
Sold for USD$775,000
  2021 Gooding & Company : Pebble Beach Concours Auction
1965 Shelby Mustang GT 350 R Competition image  
1965 Shelby GT350R Fastback
Chassis#: SFM5R538
Sold for USD$1,265,000
  2021 Mecum : Monterey
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 Shelby GT350 R
Chassis#: SFM 5R096
Sold for USD$720,000
  2018 RM Sothebys : Monterey
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 Shelby GT350 R
Chassis#: SFM 5R108
Sold for USD$742,500
  2016 RM Sotheby's : Monterey
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 SHELBY GT350SR FASTBACK
Chassis#: CA950181
Sold for USD$112,200
  2016 Barrett-Jackson : Scottsdale, AZ
 
1965 Shelby GT350 R
Chassis#: SFM 5R108
Sold for USD$770,000
  2015 RM Sotheby's : The Andrews Collection
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 Shelby Mustang GT350 R
Chassis#: SFM-5R538
Sold for USD$984,500
  2014 RM Auctions - Amelia Island
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 Shelby GT350 R
Chassis#: SFM5R106
Sold for USD$990,000
  2012 RM Auctions - Monterey
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 Shelby GT350 'R' Model
Chassis#: SFM5R537
Sold for USD$467,500
  2012 Russo and Steele - Scottsdale
 
1965 Shelby Mustang GT350 Fastback
Chassis#: SFM5S110
Sold for USD$173,250
  2011 Worldwide Auctions - The Classics at the Trump Taj Mahal
 
1965 Shelby GT350 R-Model
Chassis#: SFM5S384
Sold for USD$173,250
  2009 Russo and Steele - Monterey 2009
 
1965 Shelby GT350 R-Model
Chassis#: SFM5R537
Sold for USD$396,000
  2009 Russo and Steele - Monterey 2009
 
1965 Shelby Mustang GT 350 R Competition
Sold for USD$852,500
  2007 Monterey Sports and Classic Car Auction
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 Ford Mustang GT350 R
Sold for USD$42,900
  2007 Russo and Steele - Scottsdale 2007
 
1965 Shelby Mustang GT 350 R Competition
Sold for USD$748,000
  2006 Gooding & Company Pebble Beach Auction
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  

Sold for USD$990,000
  2006 RM Auctions at Amelia Island
 
1965 Shelby GT350 R
Chassis#: SFM5R535
Sold for USD$473,000
  2005 Russo and Steele - Monterey 2005
1965 Shelby Mustang GT 350 R Competition image  1965 Shelby Mustang GT 350 R Competition image  
1965 Ford Shelby GT350 'R' Model
Sold for USD$206,700
  2003 The Florida Collector Car Auction
 

Ford Mustang GT 350 R Competitions That Failed To Sell At Auction

1965 Shelby Mustang GT 350 R Competition's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1965 Shelby GT350R FastbackSFM5R2132021 Mecum : Indy 2021$800,000$1,000,000$1,100,000
1965 Shelby GT350R Fastback 2021 Mecum : Kissimmee$1,100,000$1,200,000$1,500,000
1965 Shelby GT350 R-SpecificationSFM 5S2802020 RM Sothebys : Shift/Monterey $300,000$350,000
1965 Shelby GT350 RSFM 5R2132018 RM Sothebys : Scottsdale, Az. $1,000,000$1,200,000
1965 SHELBY GT350RSFM5R5382018 BarrettJackson : Scottsdale   
1965 Shelby Mustang GT350 RSFM5R5312013 RM Auctions Arizona$730,000$750,000$950,000
1965 SHELBY GT 350 COMPETITION MODELSFM5R5342011 Worldwide Auctions The Auburn Auction   
1965 Shelby GT350 RSFM5R1082011 The Scottsdale Auction Gooding & Company $650,000$850,000
1965 SHELBY GT350RSFMR5R05302011 Russo & Steele Scottsdale, Arizona   
1965 SHELBY GT 350 FASTBACK 2010 Mecum Auction Kansas City, MO$185,000  
1965 Shelby Mustang GT350 R 2009 Mecum Original Spring Classic Auction 22nd Year$500,000  
1965 Shelby Mustang GT350 R 2008 Gooding & Company $700,000$900,000
1965 Shelby Mustang GT350 R Competition FastbackSFM5R5332007 Vintage Motor Cars in Arizona$700,000$750,000$950,000

Vehicles With Comparable Market Values

Similar sales to the $775,865 range.
2014 Mercedes-Benz SLS AMG Black Series
Chassis#:WDDRJ7HA5EA010945
Sold for $775,000
2024 RM Sothebys : ModaMiami
1963 Chevrolet Corvette Z06
Chassis#:30837s115157
Sold for $770,000
2024 Mecum : Kissimmee
2011 Citroën DS3 WRC
Chassis#:VF7SA5FR8AW554058
Sold for $781,222
2023 RM Sothebys : Munich
1933 CHRYSLER CL IMPERIAL CUSTOM PHAETON
Chassis#:7803667
Sold for $775,000
2023 Gooding & Company : Pebble Beach
1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  
1965 Aston Martin DB5
Chassis#:DB5/2051/L
Sold for $775,000
2023 Broad Arrow : Monterey Jet Center
2021 Mercedes-AMG GT Black Series 'P One Edition'
Chassis#:W1KYJ8BA2MA042471
Sold for $775,000
2023 RM Sothebys : Monterey
1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  
1973 Ferrari Dino 246 GTS 'Chairs & Flares' by Scaglietti
Chassis#:06464
Sold for $775,000
2023 RM Sothebys : Monterey
1969 Chevrolet Camaro ZL1
Chassis#:124379n612913
Sold for $770,000
2023 Mecum : Indy
1937 Mercedes-Benz 540 K Cabriolet B by Sindelfingen
Chassis#:169367
Sold for $775,000
2023 RM Sothebys : Amelia Island
1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  
1962 Aston Martin DB4 'SS Engine' Series IV
Chassis#:DB4/965/L
Sold for $775,000
2023 RM Sothebys : Amelia Island
1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  
1987 Mercedes-Benz AMG 'Hammer' Sedan
Chassis#:WDBEA30D5HA542559
Sold for $775,000
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1955 Alfa Romeo 1900 C SS Berlinetta by Zagato
Chassis#:AR1900C 01955
Sold for $775,000
2023 RM Sothebys : Amelia Island
1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  
1959 Lister-Jaguar Sports Racing Two Seater
Chassis#:BHL 125
Sold for $775,000
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1951 Jaguar XK120 LT3 Works Lightweight Sports Racer-LT3
Chassis#:660741
Sold for $775,000
2023 Bonhams : Amelia Island Auction
1990 Lamborghini Countach 25th Anniversary Edition by Bertone
Chassis#:ZA9CA05A7LLA12718
Sold for $775,000
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1969 CHEVROLET CAMARO ZL1
Chassis#:124379N642927
Sold for $770,000
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1967 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#:194677S105554
Sold for $770,000
2023 Barrett-Jackson : Scottsdale, Az.
1966 SHELBY GROUP II MUSTANG - BUILT FOR KEN MILES
Chassis#:6R07K191911
Sold for $770,000
2023 Barrett-Jackson : Scottsdale, Az.
1955 Chrysler Ghia ST Special
Chassis#:N558768
Sold for $770,000
2023 Mecum : Kissimmee
1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  
1960 Maserati 3500 GT Spyder by Vignale
Chassis#:AM101.1007
Sold for $770,000
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1965 Shelby Mustang GT 350 R Competition

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Other Ford Mustang GT 350 R Competition model years

1965 Shelby Mustang GT 350 R Competition Vehicle Profiles

1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM5R101
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM 5R096
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM-5R534
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM5R535
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: 5S159
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM5R102
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM5R106
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: 5R098
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM5R108
1965 Shelby Mustang GT 350 R Competition vehicle information
HardTop
Chassis #: SFM-5R538