Lot 265

Monterey 2015

1969 Shelby GT500 Sportsroof

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$137,500 USD | Sold

United States | Monterey, California

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Chassis No.
9F02R481634
  • Exhibiting 428 Cobra Jet power and numerous options
  • Attractive color combination; nicely detailed throughout
  • Documented in the Shelby American World Registry

435 bhp, 428 cu. in. Cobra Jet V-8 engine, three-speed Ford C6 automatic transmission, independent front suspension with unequal-length A-arms, coil springs, and an anti-roll bar, live rear axle with semi-elliptical leaf springs and staggered shock absorbers, and power-assisted hydraulic front disc and rear drum brakes. Wheelbase: 108 in.

When Shelby’s GT500 was introduced in 1967, it sat comfortably at the top of the pyramid of Mustang hierarchy. Under the hood lay a gargantuan 428-cubic inch V-8 that was topped with twin Holley four-barrel carburetors and could produce 360 brake horsepower. Not only did the GT500 offer more in the way of power, but it also offered more in terms of luxury accoutrements than the slightly less powerful sibling did. Unlike the GT350, the GT500 was also offered in both coupe and convertible body styles.

The last year of production for the GT500 was in 1969, even though some late 1969 models were sold as 1970s. That model year also saw the introduction of a restyled Mustang, and the GT500 received all the same changes. The car’s overall footprint increased, but the styling was markedly more aggressive.

According to the Shelby American World Registry, this 1969 GT500 is one of 1,536 Sportsroof models built that year, and it was delivered new to Borgman Ford Sales, of Michigan, in April 1969. It was sold in August of that year to its original owner, Donald Hayes, of Muskegon. It was serviced under warranty repeatedly, and within the first year, it is believed to have possibly received a factory replacement engine. Records show it was later purchased in 1985 by David DeHamer, also of Michigan, and he owned it at least through 1994. While there is a gap in the car’s subsequent history, it has clearly been very well maintained over the years and ultimately received a concours-level restoration, as seen today.

Finished in Acapulco Blue with white body stripes, the car’s finish remains smooth and in excellent condition, with little evidence of imperfection. It is reported to be one of 210 GT500 Sportsroofs originally finished in this color. The fit of the body panels is generally quite good throughout, as is the brightwork, which is possibly original. The white interior is likewise highly presentable and includes notable features, such as a full console with automatic gear selector, pushbutton radio, and folding rear seat. Finally, both the engine bay and undercarriage are very nicely detailed with factory-correct finishes, hardware, and components used throughout.

In addition to its powerful 435-horsepower Cobra Jet 428 big block, this GT500 also sports such desirable and noteworthy features as power steering and power brakes, rear window slats, Shelby five-spoke alloy wheels with Goodyear Polyglas GT tires, and a space-saver spare tire properly mounted in the trunk.

Like every GT500, it benefits from the inherent collector status and performance associated with the Shelby name itself and, above all, the tremendous value of being part of this exclusive fraternity.