Heroshot

1965 Shelby GT350R

$53.8M for Mecum's biggest ever year in Monterey
Thursday, 12 August - Saturday, 14 August 2021
$1,265,000
Sale Price
Yes
Reserve
14 August 2021
Sold Date
S102
Lot Number
#2
Recent restoration
Mecum Auctions
Auction House
Chassis no. SFM5R538. White with blue stripes and orange front apron over black vinyl. 289/306hp, 4-speed, Comp T/A tires, side exhaust, woodrim steering wheel, fire bottle.

Evaluation: One of 34 production GT350 Rs. Won an SCCA regional title with Roger West then won 17 races in a row in 1968-69 with Charlie Kemp driving. Kemp won a total of 32 races out of 54 entered through 1971. Also clocked at 184 mph at Daytona, represented as the highest known speed for any 289-powered Shelby, Cobras included. Restoration finished last year and done just right to race standards, fresh but not overdone.

Bottom Line: Lauded as the “winningest Shelby ever,” this car was the better of the two GT350Rs offered in Monterey this year and would be a highlight of any race car or Shelby collection. It sold for $984,500 at RM Amelia 2014 but has gotten a sympathetic restoration since then and the market for classic Shelbys, especially significant ones, has only grown over the past seven years. There are few true million-dollar Mustangs, and this is one of them.

by Andrew Newton
21 August 2021

Leave a Reply

Your email address will not be published. Required fields are marked *

More on this topic

Hagerty Insider Newsletter

Your weekly dose of auction reports, market analysis, and more.

Thank You!
Your request will be handled as soon as possible
Hagerty Insider Newsletter
Your weekly dose of auction reports, market analysis, and more.
Share
Condition definitions
Condition #1:
Condition #2:
Condition #3:
Condition #4:
Condition #5:
Condition #6: