Rare 1965 Mustang Shelby GT350 Headed to Auction

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The Mecum Indianapolis Auction, which will take place May 19-21 this year, is about to receive a rare pony up for grabs.

The car is a 1965 Mustang GT350, one of 100 that were originally built for and approved by the SCCA. This is car #41, one of the first to roll out of the Los Angeles Shelby plant.

Under the hood, potential buyers will find the Mustang’s signature 289 cubic inch V8. This engine puts out 306 horsepower with a 4-speed manual transmission. Full documentation is included with the vehicle including shipping forms, Shelby LAX invoices, and warranty forms. There’s even an original Carroll Shelby autograph on the owner’s manual.

The rare GT350 is from Joe McMurrey’s collection of 17 cars.

The GT350 was one variant of the original Mustang, but we all know that when you tack the Shelby name on the pony car, it means top quality. It was not meant as a daily driver. It wasn’t styled for comfort, either. What it was built for was SCAA racing, and it came in only one paint scheme: “Wimbledon White” with “Guardsman Blue” stripes. 28% of the GT350s had Le Mans stripes that went along the whole vehicle.

Shelby GT350s began their life as stock Mustangs that were shipped out to the Shelby plant to be modified. Shelby America added Tri-Y headers, high-riser manifolds, large rear drum brakes, and Kelsey-Hayes front disc brakes to make the car the ultimate racing machine of its time.

The reason why these amazing cars are so rare is because this specific variant was only produced for a year. Starting in 1966, Shelby abandoned the stripped-down racer aesthetic and started to make the car  more comfortable and padded. They added rear seats, an automatic transmission for public buyers, and more color schemes. From then on, more options and weight have been added, eventually evolving into the Mustangs we see today. While these upgrades might have seemed nice at the time for the public, they made the Mustangs obsolete as competition racers. This caused Carroll Shelby to leave the Mustang program in 1969, thus signaling the end of a legendary era.

If you’d like to attend the auction to see this beauty for yourself, the event is open to the public. You can purchase a $30 day pass or $100 five-day pass at the gate. Children age 12 and under get in free.

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Scott Huntington loves writing about cars almost as much as he likes driving them. Follow him on Twitter @SMHuntington or hit him up at http://www.offthethrottle.com.


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