Shelby GT 500 428 c.i. V8 1968
General description :
1968 Shelby GT500KR
s/n 8T03R206114-03023
Red with Black Interior
In 1965, Carroll Shelby put his name on his first K-coded Mustang fastback. The GT 350 packed the potent 289 cid engine and a host of other significant performance modifications, resulting in not only a remarkable performance car, but also becoming the formula for every American performance-based independent car manufacturer since. Shelby was a marketing genius, his team knew how to drum up media interest, and with Ford race support, it became clear: if you wanted a capable American performance car that could compete against higher priced European offerings, the Shelby was the choice to make. Not only were his cars performance leaders, the proven Mustang platform, American reliability, and sports car handling dismissed any worries about costly maintenance or difficulties acquiring parts.
By 1968, sales and popularity of the Shelby brand had heated up to the point where the company could invest more developing unique and more elaborate modifications to further differentiate the Shelby from the standard Mustang. The model line expanded with the GT350 and GT500 in both fastback and convertible body styles, receiving new body changes including a new grille, new front fascia, sculpted rear spoiler, unique vents and extractors along the side and sail panels of the car, new cast alloy wheels, fog lamps, and sequential tail lights. Inside the car, a deluxe interior with a fully integrated roll bar was featured along with a full complement of instrumentation and of course, race inspired amenities. During the last three months of 1968 production, Shelby learned from a friend in advertising that GM was about to do a campaign for their 396 equipped Camaro as the “King of the Road”. Striking quickly as only a small reptilian manufacturer could. “Ole Shel” worked his magic once again and beat GM to the punch, naming the KR series, exclusively for the 428 Cobra Jet powered cars in the top of the line GT500. The 428 featured low riser 427 heads with huge rectangular ports, a special dual-plane intake manifold housing a giant 4-barrel Holley carburetor, and stronger connecting rods and crank. Included in the KR package were heavy-duty front and rear (staggered) shocks, power front disc brakes, power steering, big capacity rear drum brakes, and a larger exhaust system with quad rolled exhaust tips. The results yielded massive power and performance statistics, which remain legendary today.
This particular car is one of only 318 GT500KR convertibles produced. Originally delivered to the first owner on June 24, 1968, a customer of Sud Automobile inc. of Longueuil, Quebec, Canada, the car was optioned with Lime Gold paint, black luxury interior, black convertible top, tinted windows, tilt wheel, and steel wheels with hubcaps, and powered by the stout 428 engine coupled with 3.50:1 Traction-Loc rear end and 4-speed manual transmission. The first owner retained the car in original condition until 1989 when it was sold to the second owner, a resident of Swanton, Vermont, who embarked on a ground up restoration to a very high standard in 1990. During this time, he made a few changes to the original spec including a color change to red and the installation of a Hurst shifter. The restoration was done with correct Shelby parts including extensive components sourced in 1990 from Tony Branda and other Shelby specialists. Having been maintained with just one owner up until that time, the seats and most of the original interior was retained and detailed to match the restoration.
The third owner purchased the car in April 2000, moving the car to Oregon where it would remain until the current and fourth owner purchased the car in 2003. Since that time, the car has remained as part of a well-respected Northern California family collection. Currently showing 53,852 miles, this Shelby GT500KR has resided in the San Francisco Bay Area for the past fifteen years under proper care and service including updating the restoration in 2003 and 2004 with a new oil pump and shaft, timing chain, new power steering pump and hoses, new clutch and throw-out bearing, valve seals, transmission mounts, new front motor mounts, idler arm, power steering pump, rear brake shoes and cylinders, new front rotors, new calipers with semi-metallic pads, new carburetor, alternator, voltage regulator, new fuel lines and fittings, new front and rear leaf springs, new tires, and adjustments to the Koni shocks.
Today, this Shelby GT 500KR convertible presents in very well. The red paint is glossy and was properly prepared when the car was restored. Smooth and clean throughout, there are just a few minor paint imperfections notable when viewing the finish up close: the occasional chip or scratch, and a couple of pencil eraser sized bubbles at the bottom of the driver’s door. The hood, doors, and trunk lid show good panel gaps and proper fit to the body, consistent with production fitment of the car when new. The fiberglass hood shows only minor deviation from the inboard fender lines, in fact, far less than many typical restorations. The exterior chrome and various polished trim, emblems, and badges are all in very good condition, having been correctly restored and finished per original specifications, but now showing some age on the side view mirror, grille surround, and bumper chrome. Some of the stainless trim shows light hazing, but generally all bright work is consistently good overall, being representative of a carefully stored and used car following a careful and correct restoration. The glass, lenses, and lighting have very good factory finishes combined with clean rubber and gasket material installed during the restoration still holding up well. The correct type alloy wheels are in very good condition but show some age in the protective coating. The trunk is properly finished with a correct rubber mat, steel spare wheel, and proper manufacturer stickers. Tires are in very good visual condition but are older and likely will need to be replaced should the new owner wish to use the car extensively.
The interior features an excellent combination of original and correctly renewed interior components, using replacement parts only as needed. The front and rear seats appear to be original, as do the door panels and the dashboard components. The dash pad is in excellent condition but might have been replaced during the restoration in 1990. The aluminum instrument panels, correct instruments, and correct heat-pressed door panels all reflect the originality of this rare convertible. The interior is finished off with correct black low pile carpeting and correct seatbelts, which appear original and bear FoMoCo labels. Other neat touches of originality include original warning labels on the underside of the sunvisors as well as a Utica quality control label still present on the left top latch. The unique Shelby roll bar is still in place and excellent, as the faux wood-rimmed Shelby steering wheel.
Under the hood, the ground pounding 428 engine is presented with correct components, reflective of factory assembly. The painted finishes have been applied with originality in mind, accented by correct hardware, proper hose clamps, hoses, and wiring. The finish overall is very tidy and properly presented though not overdone, as one often sees in boastful restorations. In keeping with the spirit of the original, lightly polished castings, raw metal fittings, and satin paints honestly present this top of the line Shelby. Having been restored for show more than 25 years ago, the car still appears ready for driving while certainly being capable of participating in local shows. Underneath the car the structure is excellent in virtually all areas other than some bubbling in the lower rockers where the floor pans meet the inner rockers. The remainder of the undercarriage is structurally sound and cosmetically attractive. Mechanical components are tidy and reflective of a car which received a thorough but sympathetic restoration some years ago and has been carefully used since.
The car starts easily and runs smoothly, delivering the potent and throaty big block V8 sounds that have captured the hearts of performance car enthusiasts for 55 years. First gear releases a torrent of power off the line as the engine climbs into the higher revs revealing that unmistakable American torque surge so familiar to racers who celebrated that delivery on the back straights of many a racetrack. Despite the large V8 engine, the suspension is responsive in corners with smooth and quick power delivery even when mildly cruising. Ride is composed and solid, while steering is light and easy to manage thanks to the power assistance. Even with the top down, the large open cabin delivers effortless driving pleasure, offering the added plus of ample power on tap with a flick of the gearshift and a quick flex of the right foot. Accompanying the car is the original 4-speed shifter, a set of original style wheel covers, a file folder filled with reference documentation showing Shelby build codes, ownership documentation supporting previous history, restoration invoices for parts, and service records for 2003 and 2004 mechanical updates to the restoration, as well as a file of invoices dating as far back to 1989. Also included is a set of reproduction Shelby owner’s manuals and original Shelby sales promotion literature.
This 1968 Shelby GT 500KR 4-speed is ready for enjoyable driving and showing. Correctly restored and preserved by four documented enthusiast owners since new, this top of the line Shelby is quite rare and offers open motoring to the next automotive enthusiast ready to enjoy the power and excitement of driving a performance legend.
http://fantasyjunction.com/cars/2188-Shelby-GT500%20KR%20Convertible-428%20c.i.%20V8
1968 Shelby GT 500 428 c.i. V8 is listed sold on ClassicDigest in Emeryville by Fantasy Junction for $149500.
Car Facts
Car type : Car Make : Shelby Model : GT 500 Model Version : 428 c.i. V8 Engine size : 0.0 Model Year : 1968 Location : Emeryville
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About Shelby
Carroll Shelby, a legendary figure in the automotive world, had a remarkable journey from being a successful race car driver to becoming a renowned sports car manufacturer in the United States. His story is filled with achievements, innovations, and iconic cars that left an indelible mark on the industry.Early Years and Racing Career:
Carroll Shelby was born in 1923 in Texas. He initially pursued a career as a pilot during World War II but found his true passion in racing after the war. Shelby became a successful race car driver in the 1950s, competing in various events including Formula One, endurance racing, and the famous 24 Hours of Le Mans.
Shelby Cobras - Iconic Sports Cars:
Carroll Shelby's pivotal moment as a manufacturer came with the creation of the Shelby Cobra, an iconic American sports car. The Cobra was born from the fusion of a British AC Ace chassis and a Ford V8 engine, creating a lightweight, high-performance car that dominated tracks and streets alike. Key models include:
Shelby Cobra 260 (1962): The initial version with a 260 cubic inch (4.2L) V8 engine.
Shelby Cobra 289 (1963-1965): Later iterations with a 289 cubic inch (4.7L) V8 engine, including the competition-spec Cobras known for their racing prowess.
Shelby Cobra 427 (1965-1967): The most powerful iteration with a 427 cubic inch (7.0L) V8 engine, known for its raw power and performance.
Ford Partnership - Shelby Mustangs:
Shelby's partnership with Ford led to the creation of legendary Shelby Mustangs. The most notable model is:
Shelby GT350 (1965-1969): Based on the Ford Mustang, the GT350 was modified by Shelby American, featuring enhanced performance, handling, and distinct styling.
Other Notable Models and Achievements:
Beyond the Cobras and Mustangs, Shelby had several other significant contributions:
Shelby Daytona Coupe: Created to win against Ferrari in international GT racing, this car became the first American car to win the FIA GT World Championship in 1965.
Shelby Series 1: Introduced in the late 1990s, this was Shelby's modern take on a high-performance sports car.
Ford GT40 plays a pivotal role in Carroll Shelby's narrative, especially in his connection to Ford and his significant contribution to the car's success.
The Ford GT40 Development:
Ford's Challenge:
In the early 1960s, Henry Ford II sought to acquire Ferrari, but negotiations fell apart. This spurred Ford's determination to beat Ferrari at the prestigious 24 Hours of Le Mans endurance race, which Ferrari had dominated for several years.
Collaboration with Shelby:
Ford turned to Carroll Shelby, recognizing his racing expertise and track record. Shelby was tasked with leading the GT40 project and turning it into a competitive race car capable of challenging Ferrari's supremacy.
Development and Triumph:
Under Shelby's guidance, the Ford GT40 underwent rigorous development to address initial design flaws and performance issues. Several iterations were produced:
Early Attempts: The initial versions of the GT40 faced reliability and handling issues, leading to disappointing results at Le Mans in 1964.
GT40 Mark II: Shelby's team made crucial improvements. The Mark II, equipped with a powerful V8 engine, improved aerodynamics, and refined engineering, became highly competitive.
Le Mans Victory:
In 1966, the Ford GT40 Mark II achieved a historic victory at the 24 Hours of Le Mans, with Shelby-coached driver Ken Miles leading the race. This marked the first win for an American manufacturer at Le Mans, breaking Ferrari's dominance.
Continued Success:
The GT40 continued to dominate, winning Le Mans for the following three years (1966-1969), securing its place in racing history and solidifying Ford's reputation as a force in international motorsport.
Shelby's Contribution to the GT40 Success:
While Carroll Shelby wasn't directly involved in designing the GT40, his expertise in racing and his ability to assemble and lead a team of talented engineers, mechanics, and drivers were instrumental in refining the car's performance. His influence helped address technical issues, refine the car's handling, and strategize race tactics, contributing significantly to the GT40's success on the track.
Legacy and Impact:
The Ford GT40's victories at Le Mans under Shelby's guidance remain one of the most iconic achievements in motorsport history. The car's success solidified Shelby's reputation as an automotive visionary and further strengthened his partnership with Ford.
Carroll Shelby's involvement in the GT40 project showcased his ability to transform a struggling project into a championship-winning machine, adding another remarkable chapter to his illustrious career in the automotive world.