Get notified via text and email before this lot crosses the auction block.

Lot 23
1967 Shelby GT350


Selling on Wednesday

CHASSIS NO: 67201F5A-01775

• Exceedingly rare with original engine, four-speed transmission and factory air-conditioning
• Authenticated heritage documented by Shelby Build Sheet and Marti Report
• Known history from new
• Well-appointed example; Exceptional performance
• First time ever offered at public auction
• Highly original in a desirable color combination


Lot 23_Marti Report.pdf

289 cid, V-8 engine, Holley four-barrel carburetor, 306 HP, four-speed manual transmission, independent front suspension with coil springs, live rear axle with semi-elliptic leaf springs, power-assisted front disc brakes, rear drum brakes; wheelbase: 108”

When Ford came to Carroll Shelby with the idea of making the then-new Ford Mustang into a super car, they did it with one purpose in mind - to put their new Mustang into the SCCA’s road racing winner’s circle. Throughout the halls of the Ford Division, the big push was for horsepower and racing, widely touted in their Total Performance sales campaign. While the full-size Fords were ruling the roost on NASCAR ovals and NHRA’s strips, the new sports compact had to make its own new market niche. Turning to the talents of Shelby, who had already cemented a pretty good bond with Ford through using their newly released small block V-8 for his awesome little Cobra and was already at work on the very special Cobra based Daytona coupes for Le Mans, Ford told Shelby what they wanted, and his team did the rest. Starting production in 1965, base Mustangs were assembled at the San Jose, California assembly plant and sent to Shelby’s shops in Venice to be transformed into, basically, street legal race cars. Production grew for 1966 and with the first major facelift for Mustang in 1967, the Shelby models received similar treatment. The base GT350 which used a Shelby-tuned version of Ford’s 271-horsepower small block, boosting output to a conservative 306 horsepower. Special wheels, Shelby only spoilers, hoods and front fascia were installed making these cars a cut above the regular popular pedestrian style Mustangs. 1967 would mark the last year that Shelby oversaw the assembly and creation of these high-performance cars, and they are truly treasured by collectors. Everything on them was Shelby, including what is probably the only car ever built to have the color of the paint coded into the serial number.

We are pleased to offer this 1967 Shelby GT350 fastback. As with all the Mustangs from 1967 that were designated as Shelby units, this car was assembled at Ford’s San Jose assembly plant where it was issued a standard Ford vehicle identification number. In the fifth position of that sequence of number, the letter “K” represented the high-performance version of Ford’s 289-cubic-inch small block engine. Painted Ford’s Moss Green, a deep rich color that exuded sleek performance, the car was then sent to Shelby’s shop in Venice. There the engine was tweaked using the “Tri-Y” headers, plus a special Holley 715 cfm carburetor mounted atop an aluminum high-rise intake manifold. Body modifications for the 1967 GT350 might not have been as extensive as the earlier cars, but that was due to the stylists from Detroit listening to some of Shelby’s recommendations. This example is still fitted with its original 306-horsepower small block V-8. A complete inspection of this car shows that it has had one high quality repaint in the original color of Moss Green and it retains its original interior. What really makes this Shelby stand out is that it is one of only 256 GT350s ordered with air-conditioning, and just a relatively small percentage of those cars had the four-speed manual transmission. This Shelby was transported from Venice, California to Kirkwood, Missouri where it was sold through Yates-Stevens Ford, an authorized Shelby dealer. Both Bud Stevens and Mack Yates were motoring enthusiasts and owned one of the top Shelby dealerships in the country. Our current caretaker purchased the car from a long-time owner who acquired this GT350 in 1989. It is fitted with its original fold-down back seat, AM radio, deluxe wheels, power steering and power disc brakes, plus the previously mentioned air-conditioning and the required tinted glass package. An orignal mile car, it has a copy of the Shelby build sheet, plus a Marti Report which is based on Ford’s official factory records. This car represents a fantastic opportunity to own a part of motoring history, as this car has never been offered at auction previously. A highly desirable, authentic and usable example, this rare factory air-conditioned four-speed Shelby is indeed a blue chip muscle car.

Ask a Question

Fill out the form below, email us at, or call us at (260) 925-6789 to get more information on this lot.