Introduced in April 1964, the first-generation Ford Mustang quickly established itself as a high-performance pony car. In 1965, Carroll Shelby introduced the GT350, a track-ready variant of the Mustang. Two years later, the GT500 debuted, featuring a powerful 428-cubic-inch V8 engine.
These iconic models continued through 1969, with leftover units sold during the 1970 model year, extending the Mustang’s legacy.
In 1968, Shelby introduced the GT500KR, or “King of the Road,” featuring a unique suspension setup and a potent 428-cubic-inch Cobra Jet engine. With production limited to 1,452 units in 1968, the GT500KR remains a sought-after classic, renowned for its performance and rarity.
Today, restored GT500KRs command high prices, with meticulously maintained examples fetching upwards of $300,000 at auctions. A recent restoration project featuring a one-of-one orange hue and boasting original drivetrain components, is set to go under the hammer at an upcoming auction, further highlighting the enduring legacy of the GT500KR.
