In the early 1950s none of the three large American manufacturers had a sportscar in their line-up. This segment was dominated by the British Jaguars and MGs. In 1953 General Motors made a bold move with the introduction of the Corvette, which can be considered America’s first sportscar. Ford kept a close eye on the sales figures of the two-seater Chevrolet and launched their answer, the Thunderbird, in 1955. Although the two were similar, the Ford T-Bird was more luxurious.

  • 1967 Shelby Mustang GT 500
  • Year:
  • Make:
  • Make:
  • Model:
  • Transmission:
    6-Speed Manual
  • Horsepower @ RPM:
  • Torque @ RPM:
  • Displacement:
    5409 L
  • 0-60 time:
    4.8 sec.
  • Top Speed:
    134 mph
  • body style:


After three years, the two-seater Thunderbird was no more and replaced by a four-seater version. Chevrolet continued the production of the Corvette, which was gradually growing out to be a big hit. It was another Chevrolet’s sales success that would spark the development of a second two-seater Ford. Launched in 1962, the Chevrolet Corvair Monza proved that there was a big market for affordable sportscars in North America.

In 1960 Lee Iacocca was appointed Ford Division General Manager at age 35. He set out to give Ford a more sportive image, starting with re-entering NASCAR, and creating the Futura Sprint by adding a V8 to the Falcon line-up. This big project was a relatively affordable sports-car, at nearly half the price of the Corvette. The first exposure of this new two-seater came in the form of the Mustang I concept first shown at the 1962 US Grand Prix.

Equipped with a mid-mounted V4 engine and all-round independent suspension, the Mustang I was a revolutionary vehicle for Ford, however it proved to be too much of an exotic to fit Iacocca’s new product vision. In 1963 the Mustang II concept was introduced, again at the US Grand Prix. To maintain a manageable price, many Falcon parts and a more conventional front engine, live axle were incorporated.

On April 17, 1964, the production version of the Mustang was introduced. Many of the Mustang II concept’s styling cues found their way on the production car, most notably the triple row rear taillights. A six cylinder and two eight cylinder engines were available at the launch, which could be combined with various equipment packages. Coupe, convertible and 2+2 fastback were the three available body-types.

A fully ’specced’ Mustang retailed at less than $3,000, compared to over $4,000 for a Corvette. The Mustang proved to be an immediate hit, selling over 500,000 examples in the first year. In the following years various revisions were made to the engines, options and body styles, but it wasn’t until 1974 when a second Mustang series was introduced. Today the first series Mustang is considered an icon and one of America’s most treasured classics.

Californian racing-legend Caroll Shelby had already had incredible success with Ford’s V8 engines in his Cobras when he offered the company to modify their Mustang to beat the then unbeatable Corvettes. Ford happily accepted and the result was the Shelby Mustang GT350, which used the same engine as found in the Cobra 289. Livered in the American racing colours of white with two blue stripes, they were raced with a lot of success in both American and European events.

For 1967 the Mustang bodystyle was altered and Shelby added a new model to his line-up; the GT500. It featured a 428 cid engine, pumping out well over 350 bhp. Where the early Shelby Mustangs were very competition oriented, the 1967 and 1968 cars were more of a combination between performance and luxury. At the end of 1968 a more powerful GT500 KR (King of the Road) was launched, which featured the 428 Cobra Jet engine. Production of the Shelby Mustangs ceased at the end of 1969, when Ford’s own high performance had mostly taken over.

What do you think?
Show Comments


  (45) posted on 11.12.2008

i’d prefer it to a normal 67’ mustang and pretty much anything else

  (8) posted on 08.26.2008

this car is one of the true american tradition’s! i dont know if i would want one, i would be attacked by too many girl’s wanting a ride XD

  (6023) posted on 03.31.2008

what the F**K is a wanker?

  (6023) posted on 03.24.2008

I’m with john, 0541 has no idea what he’s looking at.

  (6023) posted on 03.21.2008

this car is been too modified for drag racing the old ones are the best hahah wankers

  (6023) posted on 03.17.2008

i love this car

  (6023) posted on 02.20.2008

perfect car briliant .my dream car

  (6023) posted on 11.30.2006

ahhhhhhh HOLY !!!!!!!!!!!!!!

  (6023) posted on 11.30.2006

This is my dream car, where can i get this beast?

  (6023) posted on 11.28.2006

this is a bad car. this is only mustang i need i have the other cars

  (6023) posted on 11.16.2006

that is a freaken awsome car i want it!

  (6023) posted on 11.16.2006

IWANT INEED this car

  (6023) posted on 11.15.2006

how much does it cost?

  (6023) posted on 11.13.2006

the 1967 shelby gt 500 is too bad. it is the american dream car

  (6023) posted on 10.6.2006

that is a hot car!!!!!!!!!!!!!!!!!1

Car Finder: