Rare One-of-600 Shelby GT500E Headed to Monterey Auction
All-steel restomod Shelby GT500E one of 600 lots up for bid at Mecum’s Monterey, California auction, Aug. 23-25.
Back in the day, the late legend Carroll Shelby was able to turn any Mustang into a hardcore track machine, from the rentable 1966 GT350H, to the Cobra Jet-powered fury of the 1968 GT500KR. It’s safe to say that any of Shelby’s creations from the mid- to late 1960s and early 1970s are worth their weight in gold.
Such is the case with this 1968 Shelby GT500E convertible. This all-steel restomod offered by Mecum Auctions will head down the block August 24 at the Hyatt Regency Monterey Hotel and Spa – Del Monte Golf Course in Monterey California, just one of 600 lots available for bidding.
Under the hood of this Shelby GT500E is a 5.0-liter Ford Aluminator Coyote V8 with a Whipple 2.9-liter supercharger. Paired with a Tremec six-speed manual, the engine delivers 625 horses to the pavement via the 8.8-inch rear with 3.55 gears connecting the 20-inch Shelby CS40 wheels wrapped in skinny rubber.
On the inside, the Shelby GT500E has a lovely blue interior with GT500E cobra logos on each gauge in the dash, as well as one stitched into the blue leather console. Chrome accents and painted dash panels help highlight the wood of the Shelby/Moto Lita steering wheel, while the seats are the perfect canvas for Shelby’s autograph to be embroidered near the headrests. And of course, the passenger-side dash panel not only has a Shelby GT500E badge on it, but the big autograph of the legendary Texan himself.
The outside is painted in PPG High Gloss White with blue stripes all around. The top is a Haartz power top, allowing you to drop the top with a push of a button to praise the sun, and show off the roll bar protecting your head.
This amazing Shelby GT500E is expected to fetch anywhere between $100,000 and $125,000 when it hits the auction block August 24. Definitely worth its weight in gold for the lucky new owner.
If you want to see the car in person, tickets are $20 through the end of August 22, $30 at the door; children under 12 enter free.
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