1968 Shelby Mustang GT350 & GT500

This 1968 Shelby Mustang GT500KR is one of 518 convertibles produced for the model year, and it was assembled on June 24, 1968 and was delivered to a Ford dealer in Jenkintown, Pennsylvania. The car was relocated to Norway in 1984, where it was subsequently stored in a warehouse and driven infrequently, and it was later the subject of a six-year mechanical and cosmetic refurbishment in that country. Work was completed in 2004, and it included a repaint in Candyapple Red with white GT500KR stripes, reupholstering the cabin in black vinyl, and overhauling the 428ci Cobra Jet V8. A four-speed Toploader manual transmission has been added in place of the factory automatic unit, and other equipment includes 15″ aluminum wheels, an AM radio, power steering, power-assisted front disc brakes, and a black convertible top that was installed ten years ago. The car shows 64k miles and was brought back to the US by the selling dealer. This GT500KR is now offered with a Deluxe Marti Report and a clean California title. The Shelby GT500 model debuted for 1967, and the “King of the Road” variant was unveiled in April 1968. The GT500KR convertible featured a standard roll bar as well as grille-mounted Lucas fog lights, a fiberglass hood with functional ram-air scoops, quarter-panel scoops, a deck-lid spoiler, and Thunderbird-sourced taillights with sequential turn signals. This example was finished from the factory in Candyapple Red (T), and it was repainted in that color approximately two decades ago. The black convertible top is a replacement that was fitted 10 years ago. Aluminum 10-spoke 15″ wheels wear Shelby Cobra center caps and are mounted with Michelin Pilot HX tires. The car is equipped with power steering, and stopping is provided by power-assisted front discs and rear drums. Koni shocks have been added at each corner. The cabin was reupholstered approximately two decades ago, and it features front bucket seats and a rear bench trimmed in black vinyl that extends to the door panels. A roll bar with inertia-reel seatbelts was standard in Shelby cars. The air-conditioning system and clock do not work. The woodgrain-accented steering wheel is mounted to a tilt-away column, and it fronts a 140-mph speedometer and an 8k-rpm tachometer as well as gauges for fuel level and coolant temperature. A Stewart-Warner ammeter and oil pressure gauge are mounted in the center stack. The five-digit odometer shows 64k miles. The 428ci Cobra Jet V8 was factory equipped with a four-barrel Holley carburetor and was rated at 335 horsepower and 440 lb-ft of torque. The engine and other mechanical systems underwent a seven-year overhaul that was completed approximately two decades ago. The car left the factory with a C6 automatic transmission, and a four-speed Toploader manual transmission was installed more than two decades ago. The Deluxe Marti report lists factory specifications and an on-time build date of June 24, 1968.