The Ford Mustang debuted in 1964 as a two-door car aimed towards post-war baby boomers, based on the small saloon Falcon. The car was the brainchild of Lee Iacocca, who was then the vice president of Ford Motor Company.

In just one year, over 410,000 units of the Mustang were sold, making it a huge success. As a follow-up, Ford aimed to improve its image through motorsports. Ford planned to participate in popular drag racing and road racing events. To help develop a racing car for road racing, they partnered with Shelby American, led by Carroll Shelby, who had already gained success with the Shelby Cobra.

Shelby began development, targeting the thriving SCCA (Sports Car Club of America) Championship. Considering the minimum production requirement of 100 units to obtain homologation, Ford's genuine parts were used as much as possible, while the engine was a high-performance 289 V8 OHV with a displacement of 289 cu in (4,727 cc) that produced 310 hp.

Other upgrades included a front Monte Carlo bar (strut tower bar), BorgWarner 4-speed close-ratio T-10 transmission, Detroit Automotive Products LSD "Detroit Locker", Kelsey-Hayes front disc brakes, front A-arms lowered by 1 inch, a quicker ratio steering gearbox, and a fiberglass (FRP) hood. The Shelby GT350 was officially introduced on January 27, 1965.

The Shelby GT350 made its debut in competition on February 14, 1965, at Green Valley Raceway, driven by Ken Miles, the test driver of the car. It achieved an impressive debut win in the SCCA B-Production class. It went on to dominate races across the country, eventually winning the National Championship that year. In 1966 and 1967, the car continued its dominance in the series.

Although the GT350 was initially limited to 100 units, orders flooded in. However, some customers expressed dissatisfaction with its Spartan interior, leading to softer versions of the car in later production, with more exterior color options and added comfort features.

In 1967, the Mustang’s body design underwent a minor facelift, and the GT350 also received updates. All body panels were now made of FRP, and the variety of exterior colors offered expanded. Additionally, a roll bar was now fitted as standard, the front anti-roll bar was made slightly thinner, and the steering ratio was lowered to make the car more manageable.

The 1967 GT350 ended production with just 1,175 units, a smaller number than the 2,048 units of the pre-facelift model. Starting in 1968, both the GT350 and GT500 were no longer produced by Shelby American but were manufactured in Ford’s factory.

This particular GT350 is a 1967 model with chassis number “67212F2A02657.” It is equipped with the optional 15-inch x 7-inch Kelsey-Hayes Magstar wheels and is in exceptional condition both inside and out.

Although the engine is an original-spec 289 unit, it has been replaced in later years, so it is no longer a numbers-matching engine.