1965 Shelby Mustang GT 350 R Competition HardTop / 5R098 Chassis Information

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition photograph

1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition1965 Shelby Mustang GT 350 R Competition
HardTop
Chassis Num: 5R098
Sold for $852,500 at 2007 RM Sothebys.
This 1965 Ford Shelby Mustang GT 350 R has chassis number 5R098 and is listed in the SAAC registry as the seventh R-model GT350 constructed and the fifth race car delivered for public usage in May of 1965. Its first owner was Mr. Ned Owen of Malvern, Pennsylvania and its first race was at the Watkins Glen 'Double 500', followed by many additional SCCA national events throughout the northeast in 1965 - 1967. He scored a first place victory at Bridgehampton in 1966 and several other top finishes during the racing career. Competition was tough with drivers such as Mark Donohue and Marty Krinner usually taking the top spots as their racing programs were better funded.

The car was later acquired by a Canadian racer who used it in several Canadian races but crashed the car in 1969. The crashed car was placed in a Ontario barn where it would remain for a number of years. Mr. Rick Kopec of Connecticut, author of all things Shelby and SAAC National Director, purchased the car in 1981 sight unseen. It took seven years, but the car was restored to its period correct Essex specifications. It was raced by Mr. Kopec in over 100 SVRA, HSR, VSCCA, and HMSA events at over 50 tracks. It has been awarded numerous awards and participated in many vintage races driven by Cantwell, Peter Brock, Lew Spencer, and Bob Bondurant. Carroll Shelby drove the car at Lime Rock in 1992 and gave charity rides in it at Watkins Glen.

It is a well known car that has won or finished in the top spots at most major raceways in the United States. In 2007 the car was brought to the Monterey Sports & Classic Car Auction presented by RM Auctions, where it had an estimated value of $800,000 - $1,000,000. It is powered by a 289 cubic-inch Hi-Po V8 engine that produces 350 horsepower. There is a four-speed manual gearbox, front disc and rear drum brakes. It is a car with a brilliant racing history and a pedigree that that is prominent and exclusive. At auction the estimated value proved to be accurate as the lot was sold for $852,500.
By Daniel Vaughan | Dec 2007

Chassis# 5R098

2007 Monterey Sports and Classic Car Auction
Pre-Auction Estimates :$800,000-$1,000,000 
Sale Price : $852,500

Analysis

Chassis number 5R098 Auction Sales History
2007$852,500

2016 2
2015 1
2014 1
2012 2
2011 1
2009 2
2007 2
2006 2
2005 1
2003 1

YearAvg. SaleHigh Sale# of Sales
2016$427,350$742,5002
2015$770,000$770,0001
2014$984,500$984,5001
2012$728,750$990,0002
2011$173,250$173,2501
2009$284,625$396,0002
2007$447,700$852,5002
2006$869,000$990,0002
2005$473,000$473,0001
2003$206,700$206,7001

Recent Sales

(Data based on Model Year 1965 sales)
1965 Shelby GT350 R
Chassis#: SFM 5R108
Sold for $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 $112,200
  2016 Barrett-Jackson : Scottsdale, AZ
 
1965 Shelby GT350 R
Chassis#: SFM 5R108
Sold for $770,000
  2015 RM Sotheyb'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 $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 $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 $467,500
  2012 Russo and Steele - Scottsdale
 
1965 Shelby Mustang GT350 Fastback
Chassis#: SFM5S110
Sold for $173,250
  2011 Worldwide Auctions - The Classics at the Trump Taj Mahal
 
1965 Shelby GT350 R-Model
Chassis#: SFM5R537
Sold for $396,000
  2009 Russo and Steele - Monterey 2009
 
1965 Shelby GT350 R-Model
Chassis#: SFM5S384
Sold for $173,250
  2009 Russo and Steele - Monterey 2009
 
1965 Shelby Mustang GT 350 R Competition
Sold for $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 $42,900
  2007 Russo and Steele - Scottsdale 2007
 
1965 Shelby Mustang GT 350 R Competition
Sold for $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 $990,000
  2006 RM Auctions at Amelia Island
 
1965 Shelby GT350 R
Chassis#: SFM5R535
Sold for $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 $206,700
  2003 The Florida Collector Car Auction
 

No Sale

1965 Shelby Mustang GT 350 R Competition's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1965 Shelby GT350 RSFM 5R0962018 RM Sothebys : Monterey $700,000$800,000
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

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1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  1965 Shelby Mustang GT 350 R Competition vehicle thumbnail image  
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