Shelby’s GT500 up for sale in Monterey

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A 1969 Shelby GT500 that was once owned by the man who created it will go under the hammer – carrying an estimate of $145-175,000 – at Mecum’s Monterey sale from 15-17 August.

The Grabber Yellow coupe is fully documented, with paperwork dating back to 1969 and a copy of the State of California Release of Liability buyer form signed off by Shelby in 1999.

It features a matching-numbers 428cu in, 335bhp Cobra Jet engine, with a close-ratio four-speed gearbox and 3.50:1 Traction-Lok rear axle, one of three cars with this specification.

The Mustang had just 4317 miles on the clock and a newly rebuilt engine, when the current owner bought it in 2003. Since then, the muscle car has been subject to a 10-year restoration.

The result is an example that is as close to showroom condition as possible, with many original Ford OEM factory parts used including its Décor Group interior, Competition Suspension and Goodyear Polyglas GT tyres on Shelby wheels.

Read the full description on Mecum’s website.

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