1968 Ford Shelby GT500CR Fastback

Described as one of the earliest examples of the licensed continuation program, this 1968 Shelby GT500CR Fastback represents a unique intersection of 1960s Shelby heritage and modern performance engineering. While the original GT500 debuted in 1967 as the flagship of Shelby American's Mustang lineup, production of first-generation Shelby Mustangs ended in 1970. Decades later, Classic Recreations of Yukon, Oklahoma partnered with Carroll Shelby International to produce officially licensed GT500CR continuation models, blending iconic first-gen styling with contemporary drivetrain and chassis technology. According to the seller, this is chassis SCR0031 — the 31st GT500CR built — commissioned in 2012 and delivered in early 2013 on a genuine 1968 Ford Mustang fastback sourced from Metuchen assembly.

Key characteristics of this vehicle include:

• One of the earliest GT500CR continuation cars — chassis SCR0031, commissioned in 2012 and delivered in Q1 2013
• Built on an authentic 1968 Ford Mustang fastback — original Metuchen-assembled donor car
• ProCharged 427ci Windsor V8 — featuring Mass-Flo port fuel injection and an intercooled ProCharger F-1 supercharger
• Modern performance drivetrain — Tremec TKO five-speed manual, Fab 9 nine-inch rear end, and tubular control arms
• Comprehensive chassis upgrades — Varishock coilovers, rack-and-pinion steering conversion, and Shelby four-piston disc brakes
• First public offering since delivery — according to the seller, it has remained with the original commissioning party
• Ultra-low indicated mileage — approximately 360 miles since completion

The mechanical specification reads like a modern performance blueprint wrapped in classic sheet metal. Described as powered by a 427ci Windsor-based V8 fed by Mass-Flo port fuel injection and an intercooled ProCharger F-1 centrifugal supercharger, exhaust exits through BBK long-tube headers, an X-pipe, and MagnaFlow mufflers. According to the seller, the car rides on a thoroughly upgraded suspension featuring Varishock coilovers, polyurethane bushings, reinforced subframe connectors, and a modern rack-and-pinion steering conversion, while stopping power is provided by Shelby-branded four-piston calipers with two-piece slotted and cross-drilled rotors at all four corners. Additional modern touches include an Old Air Products air conditioning system and a roll bar with integrated five-point harness mounts.

Presented in Nightmist Blue Metallic over black leather, the car follows period Shelby GT500 exterior specifications including sequential taillights and authentic GT500 fiberglass detailing. The interior is trimmed to Carroll Shelby GT500CR specification with period-correct instrumentation, and the sale includes the original Classic Recreations build sheet and purchase agreement. The Ford Shelby Mustang Continuation Series market has demonstrated considerable strength, with recent comparable sales spanning from the high-$100,000s to over $400,000 depending on build specification and provenance, while the broader segment averages around $145,000. Given its documented history as an early-build example with exceptionally low mileage and included original documentation, this GT500CR sits comfortably in the upper tier of the continuation market.