Nearly four years after the first Mustang debuted back in April of 1964, Shelby began stuffing Ford’s 428-cubic-inch Cobra Jet V8 under the hoods of its GT500/KR models. The KR in the GT500 nameplate stood for “King of the Road,” and the 1968 Shelby GT500KR’s engine was rated at an very conservative 335 horsepower and 440 lb-ft of torque by the Blue Oval.
Suffice it to say, the GT500KR was indeed a legendary car then, and even more so now. Today’s example comes to us from Mecum Auctions, and this Shelby will be available on May 16-21 at the Indianapolis, Indiana event. This Mustang boasts a full restoration and a Keith Craft built matching numbers 428 cubic-inch Cobra Jet V8, amongst other features. The original four-speed Top Loader manual transmission is still equipped on the big bad GT500KR, along with the correct Acapulco Blue exterior finish and a Scott Fuller concours exhaust system.
Moreover, this Mustang has kept its original Shelby wheel covers – which have been restored as part of the full restoration process. It also comes equipped with the correct DSD restored suspension and rearend, and a complete dipped, stripped and e-coated sheet metal treatment ties the package altogether.
Lastly the GT500KR includes just about every document you could ever ask for – the original order form from Shelby Automotive, the original invoice, original build sheet, window sticker, owner card and certificate of authenticity.
Head over to the original Mecum Auctions listing here for more information on this ’68 Shelby GT500KR, and checkout some of the included documents as well. More than 2,000 vehicles will cross the line in Indianapolis, Indiana.