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1965 Shelby GT350R Offered With 4,930 Original Miles

Very few GT350Rs were produced back when Carroll Shelby was running the show, and they’re extremely desirable in this day and age. Chassis 5R002, also known as the Flying Mustang, hammered for $3.85 million earlier this year, making it the most expensive Mustang ever.
1965 Shelby GT350R (chassis number 5R106) 23 photos
Photo: Mecum Auctions
1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)1965 Shelby GT350R (chassis number 5R106)
Given this information, how much do you think chassis 5R106 is worth? Scheduled to auction next month with fewer than 5,000 miles on the clock, this Shelby GT350R was delivered new to Dick Jordan. The car raced in Midwest SCCA National events, and in the 1970s, Jordan placed the high-performance pony into storage until the second owner bought it in 1987.

Paul Zimmons restored the 5R106 to its former glory immediately after the purchase, and subsequent owners spent no expense maintaining the R-Model racecar with NOS (new old stock) and factory components. A scratch in the door handle from when Dick Jordan went off the track at Road America is still featured, adding to the specialness of this particular vehicle.

One of 34 units ever produced, 5R106 is “fully race-ready and offered with unusually extensive documentation” like the Shelby American and Jack Loftus Ford paperwork. The numbers-matching 289 engine is rocking 325 horsepower or thereabouts, coming courtesy of a Cobra high-rise intake manifold, a Holley four-barrel carburetor, as well as tri-Y exhaust headers.

The suck-squeeze-bang-blow is delivered to the 4.11 rear end with leaf springs by a Borg Warner T-10 with the M gearset, a stout four-speed manual complemented by a black knob on top of the gear stick. Also equipped with coil springs and disc brakes up front, the Mustang Shelby GT350R wears five-spoke American Racing 15- by 7-inch wheels at all four corners.

Finished in Wimbledon White over an all-black interior, 5R106 is listed as one of the main attractions of the Mecum Kissimmee 2021 auction. Carroll Shelby’s personal Cobra 427 and Mickey Thompson’s 1963 Chevrolet Corvette Z06/N03 are two other highlights. If you had the opportunity to pick one, which of these old-timers would you add to your collection?
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About the author: Mircea Panait
Mircea Panait profile photo

After a 1:43 scale model of a Ferrari 250 GTO sparked Mircea's interest for cars when he was a kid, an early internship at Top Gear sealed his career path. He's most interested in muscle cars and American trucks, but he takes a passing interest in quirky kei cars as well.
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