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Up for sale: 1969 Ford Mustang Shelby GT500 owned by Carroll Shelby

A 1969 Ford Mustang Shelby GT500 that was once owned by Carroll Shelby himself will be sold by Mecum Auctions on August 16-17 in Monterey, California, on the eve of the Pebble Beach Concours d’Elegance.

According to the Mustang Daily, this car is one of 18 to be painted in Grabber Yellow, and one of only 3 to feature a 3.5:1 Traction-Lok rear axle. Under the hood is a 428 cu. in. Cobra Jet V8 engine mated to a 4-speed manual gearbox.

The current owner, who bought the GT500 directly from Carroll Shelby in 2003 when it had just 4,317 miles (6,948 km) on the odometer, performed a 10-year restoration before putting it up for bid.

While its actual value has yet to be determined, expect this famous 1969 Ford Mustang Shelby GT500 to fetch a king's ransom.

Sources : mustangsdaily.com

1969 Shelby GT500 side view
Photo: Mecum Auctions