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1965 Shelby GT350R Sells for $1 Million

1965 Shelby Mustang GT350R 13 photos
Photo: RM Auctions
1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R1965 Shelby Mustang GT350R
Built in only 34 units, the 1965 Shelby GT350R is among the rarest Mustangs ever produced and are known to change owners for hundreds of thousands of dollars, if not millions.
For instance, the example depicted in the photo gallery below was recently auctioned off for $984,500 at RM Auctions’ sale at Amelia Island. Why the astounding sum, you ask? Well, this is no regular GT350R. Not that any of them are regular musclecars, but this one rises above anything else Shelby built in 1965.

Formerly Owned by ex Can-Am and endurance racing driver Charlie Kemp, this GT350R is documented as the winningest Shelby vehicle ever, having 32 wins to its name between 1968 and 1970, including 17 straight victories. Additionally, the striped track car is famous for setting 16 lap records back in its day.

And that’s not all. Ever wondered what’s the fastest 289 V8-powered Shelby ever built? You got it, this ‘Stang clocked at 184 miles per hour (296 km/h) at Daytona in 1968, which makes it faster than a Cobra.

Besides getting an iconic car with extensive racing history and documentation, the new owner will also enjoy a vehicle that still has its original body panels with correct K-Code stampings, original invoices and SAAC authentication documents. Eligible for any historic races, we hope this Shelby will be put to good use instead of being stored away in a garage.

Who know, maybe the owner will join next month's Mustang 50 Years parade in the United States. Or maybe the Silverstone Classic in late July.

“It has been a winner. Everybody who drove that car won races in it. It’s kind of a magical car... some cars are just that way,” 77-year-old Kemp said before the auction.
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About the author: Ciprian Florea
Ciprian Florea profile photo

Ask Ciprian about cars and he'll reveal an obsession with classics and an annoyance with modern design cues. Read his articles and you'll understand why his ideal SUV is the 1969 Chevrolet K5 Blazer.
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