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.
![1968 Shelby GT500KR Muscle Car](https://daxstreet.com/wp-content/uploads/2024/04/1968-Shelby-GT500KR-Muscle-Car-1.jpg)
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.