Lot F125 // 1965 Shelby GT350 Fastback Serial No. 41 // Mecum Indy 2016
Learn About Lot F125: https://www.mecum.com/lot-detail/SC0516-243304/10306/1965-Shelby-GT350-Fastback/4-Speed/
How to Bid: https://www.mecum.com/how-to-bid/
From the Joe McMurrey Collection
Serial number 41 and one of the first built for the initial SCCA homologation run of approximately 100 cars, this “double digit” 1965 Shelby GT350 is one of the crown jewels of the sterling Joe McMurrey Collection. Originally delivered to Shelby’s Venice, California, facility in December 1964, it was completed on March 17, 1965, soon after the opening of Shelby’s new facility at Los Angeles International Airport (LAX), making it one of the first GT350s completed there.
Its provenance is well documented in the Shelby Registry, which notes the entire owner history that includes a number of prominent Shelby collectors who recognized the value of the early GT350s, including Roger Saxton of Gilbert, Arizona, who bought the car in March 1989. Saxton commissioned a Concours-quality restoration that was completed by Sports Car Service Center in Tempe, Arizona, with paint by the legendary Squeeg’s Kustoms in nearby Chandler.
The completed GT350 was then featured in the February 1992 issue of “Mustang Illustrated” magazine. More than two decades later, it remains in extraordinary condition, a point Joe McMurrey employs to illustrate his preference for older restorations. “There are two reasons for that. First, they are more likely to use NOS rather than reproduction parts; second, it will show off all the flaws the years have brought out. And this car is virtually perfect. Every show it’s been in, it has won first place. The ’65 is the most desirable, the lowest number produced of any year, and the ‘double digit’ cars are the most valued because they come closest to the power and feel of the race cars.”
The dedicated Shelby enthusiast will note the features that distinguish the earliest GT350s: the original all-fiberglass hood with round intake hole and mesh screen, springless hinges and prop rod; trunk-mounted battery and 16-inch 9-rivet wood-rimmed steering wheel. Common to all GT350s, of course, were the export brace and Monte Carlo bar, K-code 289/306 HP “Hi-Po” engine with Holley 715 CFM 4-barrel carburetor, Cobra “small letter” aluminum intake manifold, finned aluminum Cobra valve covers and oil pan, Tri-Y headers and side exhaust. The lowered front suspension, override traction bars, Koni shocks, 5-spoke Shelby/Cragar wheels, and aluminum-case Hurst-shifted Borg Warner 4-speed that were standard to the ’65 are also present, as are the original dash-mounted horn button and 3-inch competition lap belts.
Especially noteworthy by virtue of its March 1965 completion at the then-new LAX facility, this early-production GT350 was invoiced on March 22, 1965 to Lynch-Davidson Motors in Jacksonville, Florida, and re-invoiced to Downtown Motors in Sacramento, California, where it was sold new to its first owner. Significantly, the Ford Mustang serial number on this GT350 corresponds with Shelby American factory records, and the car will be offered with documentation that includes copies of two Shelby LAX invoices, two shipping invoices, warranty repair invoices and the owner’s manual autographed by Carroll Shelby. To Shelby collectors, the double-digit GT350 represents the model at its purest, and few attain the prize-winning level of finish and authenticity that distinguish this example from the Joe McMurrey Collection.
- Early two-digit serial number
- 289/306 HP V-8 engine
- 4-speed transmission
- Early production fiberglass plenum hood
- Trunk-mounted battery
- 16-inch wood-rimmed steering wheel
- Holley 715 CFM carburetor
- Tri-Y headers and side exhaust
- Wimbledon White with Blue stripes
- Black interior
- Listed in the Shelby Registry
- Owner's manual autographed by Carroll Shelby
- Restored to concours-quality by Sports Car Service Center in Tempe, Arizona
- Paint by Squeeg's Kustoms in Chandler, Arizona
- Featured in the February 1992 issue of Mustang Illustrated Magazine
- Copies of two Shelby LAX invoices, two shipping invoices, warranty repair invoices and the owner’s manual autographed by Carroll Shelby
- The Ford Mustang serial number on this GT350 corresponds with Shelby American factory records