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Immaculate Shelby GT500KR Convertible Is Worthy Of The “King Of The Road” Name

1968 SHELBY GT500KR CONVERTIBLE 9 photos
Photo: Mecum Auctions
1968 SHELBY GT500KR CONVERTIBLE1968 SHELBY GT500KR CONVERTIBLE1968 SHELBY GT500KR CONVERTIBLE1968 SHELBY GT500KR CONVERTIBLE1968 SHELBY GT500KR CONVERTIBLE1968 SHELBY GT500KR CONVERTIBLE1968 SHELBY GT500KR CONVERTIBLE1968 SHELBY GT500KR CONVERTIBLE
When it comes to Mustangs, one of the rarest, most exciting, and most collectible breeds is the GT500KR. Introduced in 1968 and powered by the 428-cu.in. Cobra Jet, the 7.0-liter V8-powered pony is a muscle car through and through considering the output of the big-block plant under the hood.
The “King of the Road” name stuck because of the output, which Ford rated at 335 horsepower and 440 pound-feet of torque. Those numbers are significantly underpowered, though, but the Ford Motor Company couldn’t care less. After all, the GT500KR was extremely rare. In open-air form, 517 examples were made, 251 of which with the three-speed auto.

This fellow here, which wears Shelby #04080, is one of 57 convertibles equipped with the four-speed transmission and factory air conditioning, making it exceptionally rare even among the GT500KR lineage. Mecum Auctions will try to find it a new and caring owner at the Kissimmee sale in January 2018, with the estimate set in the region of $350k and $400k.

Freshly restored by Florida-based Michael’s Auto Restoration, the car was delivered new to Schmidt Ford Sales in Baltimore, Maryland. Optioned with white Le Mans stripes and 10-spoke Shelby aluminum wheels, this blast from the past is equipped with the correct Goodyear Polyglas tires.

Other details that differentiate the KR from other 1968 Mustang models are the fiberglass body panels (including the scooped hood with functional Ram Air) and sequential tail lights from the Thunderbird. #04080 further boasts power steering and power front disc brakes, convertible roll bar, padded console, Stewart Warner gauges, and tilt-away steering column.

One of the vehicle’s most special touches is none other than Carroll Shelby, whose autograph can be seen on the glovebox. Bearing in mind the tip-top condition and matching numbers of the V8, it’s not hard to anticipate how wild bidding will get on this Acapulco Blue-painted blast from the past.
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About the author: Mircea Panait
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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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