GT500 Super Snake

1967 Shelby GT500 Super Snake

Offered by Mecum | Indianapolis, Indiana | May 17, 2013

1967 Shelby GT500 Super Snake

For 1967, Shelby added a bigger, more powerful Mustang to its current Mustang lineup, which consisted solely of the GT350. The new GT500 used the police interceptor engine – the 428 V8 (7.0-liters) rated at 355 horsepower. It was an immediate success and outsold the GT350 by almost 2 to 1.

This car is special. We’ll start with something I didn’t know: Carroll Shelby was the West Coast distributor for Goodyear in the late 1960s. Goodyear asked him to help showcase their new economy tire. It was to be an extended high-speed demonstration and Shelby decided to build a super GT500 for this task. They pulled a GT500 off the line and equipped it with a racing 427 – essentially the same engine that the GT40 ran at Le Mans. It put out about 600 horsepower.

Then it was equipped with the el cheapo-looking tires you see on it now and run for 500 miles at an impressive average of 142 mph (it topped out around 170!). The car was shipped to a Ford dealership in California afterward and the dealer wanted Shelby to build a run of these cars, but the price would have been exorbitant – being more expensive than the Cobra – and Shelby declined.

The car passed through various owners until the current owner acquired it and performed a “light restoration” – putting back into test mode (and finding a nearly impossible-to-find set of original skinny Goodyears – the same model used in the tire test). This is the only GT500 Super Snake built and it will bring considerably more than the $5,000 that drove it off the Ford lot in 1967. Click here for more and here for more from Mecum in Indy.

Update: Sold $1,300,000.

Update: Sold, Mecum Kissimmee 2018, $2,200,000.

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