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Carroll Shelby's GT350 was a performance machine that was refined through its competition roots. With the release of the second-series Mustang for 1967, designed from the outset to accept Ford's 390-cubic inch big block engine, Shelby had a new platform to answer the mounting competition.
The 428 Cobra Jet, developed by Rhode Island's Tasca Ford at the suggestion of Hot Rod Magazine, was soon available for 1968 and added 427 low-riser cylinder heads, a 735-cfm Holley carburetor and other improvements from the Ford parts bin. Power was under-reported at 335 horsepower.
The CJ was a purpose-built machine designed for NHRA SS/E drag racing. The CJ made its 1968 Winternationals debut with Al Joniec taking the class victory in an all-CJ final round over Hubert Platt.
For the 1969 model year, Ford gave the 428 Super Cobra Jet special pistons, Ram Air induction, a nodular-iron crank, beefier 427 'Le Mans' connecting rods and an external balancer. Buyers could select either 3.91:1 or 4.30:1 rear-end gears, which automatically added an engine-oil cooler to form the Drag Pack option. Even with the upgrades, Ford still underreported the horsepower at 335. A somewhat more realistic 360 horsepower rating was assigned to the SCJ by the NHRA.
The 428 CJ and SCJ powered the GT500 through its final 1969/1970 series. Zero-to-sixty took just 5.8 seconds and the quarter-mile performance was achieved in 13.38 seconds. Top speed was in the neighborhood of 145 mph.
The 1969/1970 Shelby Mustangs were given visual changes which included a longer fiberglass front end, a unique 'hoop' grille, a revised taillight and exhaust treatment, five-spoke wheels and an aggressive hood with five NACA-style air scoops. Inside, there was a roll bar, inertia-reel harnesses, luxurious features and special trim.
It is believed that around 789 GT500s were sold for 1970.
This 1970 GT500 Fastback was completed on May 20th of 1969, seven days ahead of schedule. The car was very well equipped with a rare special-order Grabber Green paint finish, white upholstery, a 428 SCJ engine with Ram Air induction and a 'Toploader' four-speed close-ratio manual transmission. Other features include the Visibility Group, Goodyear tires, the Sport Deck folding rear seat, power steering, power front disc brakes, Tilt-Away steering wheel, AM radio, full tinted glass and Deluxe seat belts with a warning light.
This GT500 is one of only 170 1969/1970 cars equipped with the Drag Pack option package comprising of a 3.91:1 Traction-Lok rear end and an engine-oil cooler.
The car was first shipped to Georgia's East Point Ford before eventually going to Joe Myers Ford, Inc. of Houston, Texas as part of a six-car package. The original owner is not known. It has had six known caretakers since new, including Jim Wicks, the founder of the Team Shelby Mid-America Ford Nationals, who owned it around the year 2000, followed by Bob Moore, and Mason Jones.
In 2012, the car was offered for sale at the RM Auction in Scottsdale, Arizona. It was estimated to sell for $125,000-$175,000. As bidding came to a close, the car had been sold for the sum of $110,000 inclusive of buyer's premium.By Daniel Vaughan | Feb 2012
The 428 Cobra Jet, developed by Rhode Island's Tasca Ford at the suggestion of Hot Rod Magazine, was soon available for 1968 and added 427 low-riser cylinder heads, a 735-cfm Holley carburetor and other improvements from the Ford parts bin. Power was under-reported at 335 horsepower.
The CJ was a purpose-built machine designed for NHRA SS/E drag racing. The CJ made its 1968 Winternationals debut with Al Joniec taking the class victory in an all-CJ final round over Hubert Platt.
For the 1969 model year, Ford gave the 428 Super Cobra Jet special pistons, Ram Air induction, a nodular-iron crank, beefier 427 'Le Mans' connecting rods and an external balancer. Buyers could select either 3.91:1 or 4.30:1 rear-end gears, which automatically added an engine-oil cooler to form the Drag Pack option. Even with the upgrades, Ford still underreported the horsepower at 335. A somewhat more realistic 360 horsepower rating was assigned to the SCJ by the NHRA.
The 428 CJ and SCJ powered the GT500 through its final 1969/1970 series. Zero-to-sixty took just 5.8 seconds and the quarter-mile performance was achieved in 13.38 seconds. Top speed was in the neighborhood of 145 mph.
The 1969/1970 Shelby Mustangs were given visual changes which included a longer fiberglass front end, a unique 'hoop' grille, a revised taillight and exhaust treatment, five-spoke wheels and an aggressive hood with five NACA-style air scoops. Inside, there was a roll bar, inertia-reel harnesses, luxurious features and special trim.
It is believed that around 789 GT500s were sold for 1970.
This 1970 GT500 Fastback was completed on May 20th of 1969, seven days ahead of schedule. The car was very well equipped with a rare special-order Grabber Green paint finish, white upholstery, a 428 SCJ engine with Ram Air induction and a 'Toploader' four-speed close-ratio manual transmission. Other features include the Visibility Group, Goodyear tires, the Sport Deck folding rear seat, power steering, power front disc brakes, Tilt-Away steering wheel, AM radio, full tinted glass and Deluxe seat belts with a warning light.
This GT500 is one of only 170 1969/1970 cars equipped with the Drag Pack option package comprising of a 3.91:1 Traction-Lok rear end and an engine-oil cooler.
The car was first shipped to Georgia's East Point Ford before eventually going to Joe Myers Ford, Inc. of Houston, Texas as part of a six-car package. The original owner is not known. It has had six known caretakers since new, including Jim Wicks, the founder of the Team Shelby Mid-America Ford Nationals, who owned it around the year 2000, followed by Bob Moore, and Mason Jones.
In 2012, the car was offered for sale at the RM Auction in Scottsdale, Arizona. It was estimated to sell for $125,000-$175,000. As bidding came to a close, the car had been sold for the sum of $110,000 inclusive of buyer's premium.By Daniel Vaughan | Feb 2012
2012 RM-Automobiles of Arizona
Pre-Auction Estimates :
USD $125,000-USD $175,000
High Bid (Lot was not sold)
USD $110,000
1970 Shelby Mustang GT500 Auction Sales
Recent Sales of the Ford Mustang GT500
(Data based on Model Year 1970 sales)
1970 Shelby GT500 Fastback Chassis#: 0f02r482910 Sold for USD$118,800 2024 Mecum : Kissimmee | |
1970 Shelby GT500 Convertible Chassis#: 0f03r482704 Sold for USD$286,000 2023 Mecum : Kansas City | |
1970 Shelby GT500 Fastback Sold for USD$181,500 2023 Mecum : Kissimmee | |
1970 Shelby GT500 Convertible Sold for USD$352,000 2023 Mecum : Kissimmee | |
1970 Shelby GT500 Fastback Sold for USD$112,750 2022 Mecum : Las Vegas | |
1970 Shelby GT500 Fastback Sold for USD$176,000 2022 Mecum : Orlando | |
1970 SHELBY GT500 Chassis#: 0F02R483230 Sold for USD$95,700 2022 Barrett-Jackson : Las Vegas | |
1970 Shelby GT500 Fastback Sold for USD$126,500 2022 Mecum : Glendale | |
1970 SHELBY GT500 Chassis#: 0F02R483051 Sold for USD$137,500 2022 Barrett-Jackson : Scottsdale, Arizona | |
1970 Shelby GT500 Fastback Sold for USD$107,250 2022 Mecum : Kissimmee | |
1970 Shelby GT500 Fastback Sold for USD$192,500 2022 Mecum : Kissimmee | |
1970 Shelby GT500 Fastback Chassis#: 0F02R482474 Sold for USD$143,000 2021 Mecum : Monterey | |
1970 SHELBY GT500 Chassis#: 0F02R483237 Sold for USD$170,500 2021 Barrett-Jackson : Las Vegas | |
1970 SHELBY GT500 Chassis#: 0F02R482800 Sold for USD$217,800 2021 Barrett-Jackson : Scottsdale | |
1970 Shelby GT500 Fastback Sold for USD$121,000 2021 Mecum : Kissimmee | |
1970 Shelby GT500 Fastback Sold for USD$110,000 2020 Mecum : Kansas City | |
1970 Shelby GT500 Fastback Sold for USD$126,500 2020 Mecum : Kissimmee Summer Special | |
1970 Shelby GT500 Fastback Sold for USD$99,000 2020 Mecum : Indy | |
1970 FORD SHELBY GT500 SPORTSROOF Chassis#: 0F02R482980 Sold for USD$102,300 2020 Barrett-Jackson : Scottsdale, AZ | |
1970 Shelby GT500 Convertible Sold for USD$151,800 2020 Mecum Auctions : Kissimmee |
Ford Mustang GT500s That Failed To Sell At Auction
1970 Shelby Mustang GT500's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1970 Shelby GT500 Convertible | 0f03r482387 | 2024 Mecum : Kissimmee | $150,000 | ||
1970 Shelby GT500 Fastback | 2021 Mecum : Kissimmee | $82,000 | |||
1970 Shelby GT500 Fastback | 2020 Mecum : Kissimmee Summer Special | $90,000 | |||
1970 Shelby GT500 Convertible | 2020 Mecum : Indy | $200,000 | $225,000 | $275,000 | |
1970 Shelby GT500 428 Cobra Jet Convertible | 0F03R482603 | 2020 RM Sothebys : Driving Into Summer | $130,000 | $160,000 | |
1970 Shelby GT500 Fastback | 2020 Mecum Auctions : Kissimmee | $82,000 | |||
1970 Shelby GT500 Fastback | 2020 Mecum Auctions : Kissimmee | $85,000 | $100,000 | $125,000 | |
1970 Shelby GT500 Fastback | 2019 Mecum : Kissimmee | $82,000 | |||
1970 Shelby GT500 428 Cobra-Jet Convertible | 2018 Collector Car Toronto Spring | $210,000 | |||
1970 Shelby GT500 Fastback | 2018 Mecum : Indianapolis | $82,000 | $100,000 | $150,000 | |
1970 Shelby GT500 Fastback | 2018 Mecum : Kissimmee | $87,000 | |||
1970 Shelby GT500 428 Cobra Jet Fastback | 2017 Auctions America : Auburn Fall | $110,000 | $120,000 | ||
1970 Shelby GT500 Fastback | 2017 Mecum : Kissimmee | $85,000 | |||
1970 Shelby GT500 Fastback | 2017 Mecum : Kissimmee | $85,000 | |||
1970 Shelby GT500 Fastback | 2016 Mecum : Kansas City | $80,000 | |||
1970 Shelby GT500 Fastback | 2016 Mecum : Harrisburg | $85,000 | |||
1970 Shelby GT500 Fastback | 2016 Mecum Indianapolis | $80,000 | |||
1970 Ford Shelby GT500 Convertible | 2014 Mecum : Indianapolis | $120,000 | |||
1970 Shelby GT500 428 SCJ Fastback | 0F02R482644 | 2012 RMAutomobiles of Arizona | $110,000 | $125,000 | $175,000 |
1970 Shelby GT500 Convertible | 2011 Dana Mecum's Original Spring Classic Auction 24th Year | $90,000 | |||
1970 SHELBY GT500 2 DOOR FASTBACK | 0F02R483238 | 2011 BarrettJackson Palm Beach, Fl | |||
1970 Shelby GT500 | 2011 Mecum Auctions Kissimmee, FL Auction | $95,000 | |||
1970 SHELBY GT500 CONVERTIBLE | 0F03R482542 | 2011 Russo & Steele Scottsdale, Arizona | |||
1970 Shelby GT 500 Convertible | 2010 Auctions America : Auburn Collector Car Auction | $49,000 | |||
1970 Shelby GT 500 Drag Pack | 2010 RM Auctions Collector Cars of Fort Lauderdale | $100,000 | $120,000 | $160,000 | |
1970 Shelby GT500 Fastback | 2009 Mecum Kansas City Auction | $75,000 | |||
1970 Shelby GT500 Fastback | 2009 Mecum Original Spring Classic Auction 22nd Year | ||||
1970 Shelby GT500 Fastback | 2008 Mecum Des Moines High Performance Auction | $78,000 | |||
1970 SHELBY GT500 | 2007 Silver Auction Hot August Nights | $165,000 | |||
1970 SHELBY GT500 | 2007 Silver Auction Hot August Nights | $165,000 |
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1970 Shelby Mustang GT500
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