1967 Ford Mustang Shelby GT500

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The 1967 Ford Mustang Shelby GT500: A Legend in Steel and Spirit

"Some cars are designed for driving, some for showing off, but the 1967 Ford Mustang Shelby GT500 was made for history books."


The 1967 Ford Mustang Shelby GT500 is not just a car: it is a piece of American automotive history, a symbol of raw power and unbridled passion. Conceived by the legendary Carroll Shelby, this muscle car was the epitome of high-performance engineering wrapped in a body that screamed attitude and dominance. The GT500 was not merely a vehicle; it was a statement, a declaration that the muscle car era had reached its zenith.





A Brief History

The story of the Shelby GT500 begins with Carroll Shelby, a man whose name is synonymous with high-performance cars. After his success with the Cobra and the earlier GT350, Shelby set out to create a car that would dominate both the streets and the tracks. The result was the GT500, a Mustang that was more than just a sports car; it was a beast. Under the hood, the GT500 packed a 428 cubic inch Police Interceptor V8 engine, delivering 355 horsepower—though it is rumored that the actual horsepower was much higher, potentially nearing 400 hp.


"It’s like trying to hold back a tidal wave with a paper cup,” one journalist famously quipped after taking the GT500 for a spin. Indeed, the GT500 was not for the faint of heart. It was a car that demanded respect and offered an adrenaline rush that few could match.


Design and Development

The GT500 was born out of Shelby's desire to push the limits of what a muscle car could be. With a body crafted from the iconic 1967 Mustang Fastback, the GT500 featured unique front-end styling, a functional scooped hood, and a rear spoiler—all of which gave it a distinct, aggressive look. The car was also equipped with a fiberglass nose and tail section, a feature that set it apart from the standard Mustangs.


Shelby worked closely with Ford engineers to ensure that the GT500 was not just about power, it was about control. The car was outfitted with a heavy-duty suspension system, making it one of the most well-balanced muscle cars of its time. Inside, the GT500 came with all the trimmings, including a wood-rimmed steering wheel, an 8,000-rpm tachometer, and a functional roll bar, reinforcing its racing pedigree.


A Secret Under the Hood

One of the lesser-known facts about the GT500 is that its engine was underrated on purpose. Ford and Shelby downplayed the car's horsepower to avoid scaring off potential buyers and to comply with insurance regulations of the time. This "little white lie" has only added to the mystique of the GT500, making it a car that enthusiasts are eager to get their hands on even today.


Sales and Success

The 1967 Shelby GT500 quickly became a success, both on track and in the showroom. Priced at around $4,195 when it first hit the market, the GT500 was more expensive than the average Mustang but offered far more in terms of performance and exclusivity. In 1967, a total of 2,048 units were produced, and today, a well-preserved GT500 can fetch anywhere from $150,000 to over $300,000 at auction, depending on its condition and provenance.


Year

Number of Units Produced

Price (in 1967)

Current value (in 2024)

1967

2,048

$4,195

$150,000 - $300,000+


Moments of Fame

The GT500's reputation was further cemented by its appearances in popular culture. One of the most iconic moments was its starring role in the 2000 movie "Gone in 60 Seconds," where a 1967 Shelby GT500, affectionately known as "Eleanor," was the star of the show. This film reignited public interest in the GT500 and solidified its status as a cultural icon.


Iconic Colors

The GT500 was available in several colors, including Nightmist Blue, Wimbledon White, and Lime Gold. However, the most iconic color of all is arguably "Candy Apple Red." This vibrant hue not only accentuated the car's aggressive lines but also made it stand out in any crowd.


The Competitors

The 1967 Shelby GT500 did not just face competition on the streets but also in the hearts of car enthusiasts. It went head-to-head with some of the biggest names in the muscle car world, including the Chevrolet Camaro SS, the Pontiac GTO, and the Dodge Charger. Despite the stiff competition, the GT500 held its own, becoming one of the most revered muscle cars of its era.


Legacy

The 1967 Ford Mustang Shelby GT500 is more than just a car; it is a legend that continues to inspire awe and admiration. It embodies the spirit of the muscle car era—a time when American manufacturers were pushing the limits of speed, power, and design. Even today, the GT500 remains a dream car for many, a symbol of freedom, power, and the open road.


"In the world of muscle cars, there are fast cars, and then there are legends. The 1967 Shelby GT500 is both."


Technical Specifications

Type

Size

Carburetor

Horsepower

Torque

V8

428 cu in

4-barrel

355 hp

420 lb.-ft


Performance Stats

0 to 60 mph

Quarter Mile

Engine

Engine Source

6.5 seconds

14.5 seconds

V8 428

Ford


1960-1970 Shelby Mustang Models

Year

Model

Units Produced

1965

Shelby GT350

562

1966

Shelby GT350

2,378

1967

Shelby GT500

2,048

1968

Shelby GT500KR

1,570

1969

Shelby GT500

1,536

1970

Shelby GT500

789 (continued from 1969 production)

 


 

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