| Specification | Details |
|---|---|
| Type | High-Performance Muscle Car |
| Released At | 1967 |
| Built At | Los Angeles, California, USA |
| Engine | 7.0L V8 (428 Police Interceptor) |
| Position | Front-Engine, Longitudinal |
| Aspiration | Natural Aspiration |
| Block Material | Cast Iron |
| Valvetrain | OHV, 2 Valves per Cylinder |
| Fuel Feed | Dual Holley 600 CFM Carburetors |
| Displacement | 6997 cc / 428 cu in |
| Power | 355 hp / 265 kW @ 5400 rpm |
| Specific Output | 50.7 hp per liter |
| Torque | 569 Nm / 420 lb-ft @ 3200 rpm |
| Top Speed | 210 km/h / 130 mph |
| 0 – 60 mph | 6.5 seconds |
| 0 – 100 km/h | 6.7 seconds |
| Body / Frame | Steel Unibody |
| Driven Wheels | RWD (Rear-Wheel Drive) |
| Wheel Type | 15-inch Aluminum Wheels |
| Front Tires | E70-15 Goodyear |
| Rear Tires | E70-15 Goodyear |
| Front Brakes | Power-Assisted Disc Brakes |
| Rear Brakes | Drum Brakes |
| Front Wheels | 15 x 7 in |
| Rear Wheels | 15 x 7 in |
| Front Suspension | Independent with Coil Springs |
| Rear Suspension | Live Axle with Leaf Springs |
| Curb Weight | 1620 kg / 3570 lbs |
| Weight Distribution | Front 57% / Rear 43% |
| Wheelbase | 2743 mm / 108 in |
| Length | 4730 mm / 186.2 in |
| Width | 1790 mm / 70.5 in |
| Height | 1290 mm / 50.8 in |
| Transmission | 4-Speed Manual / Optional 3-Speed Automatic |
| Fuel Economy (Combined) | 17.0 L/100 km / 13.8 mpg (US) |
| Fuel Capacity | 64 liters / 17 gallons |

First GT500 in History The 1967 Shelby GT500 marked the debut of the GT500 name, elevating the Shelby Mustang lineup to a more powerful, big-block performance tier above the GT350.
Powered by a 428 Police Interceptor V8 Under the hood was a 428 cubic inch (7.0L) Police Interceptor V8, officially rated at 355 hp, but actual output was estimated closer to 400+ hp, making it a street beast.
Dual 4-Barrel Carburetors The GT500 was equipped with dual Holley 4-barrel carburetors, mounted on an aluminum intake manifold, contributing to its impressive torque and throttle response.
More Refined Than Earlier Shelbys While earlier GT350s were raw and race-inspired, the '67 GT500 introduced a more comfortable and stylish interior, making it more suitable for everyday driving without sacrificing muscle.
Unique Shelby Styling Cues The 1967 GT500 featured a longer fiberglass nose, aggressive grille with center-mounted lights, rear spoiler, side scoops, and functional hood vents, setting it apart from standard Mustangs.
Only 2,048 Units Produced Shelby produced just 2,048 GT500 fastbacks in 1967, making it rare and highly collectible, especially original, matching-numbers examples.
Carroll Shelby's First Big-Block Mustang This was the first time Carroll Shelby put a big-block engine into a Mustang, transitioning the Shelby line from track-focused machines to full-on street performance legends.
Featured in Pop Culture and Cinema The 1967 GT500 inspired the “Eleanor” Mustang in the film Gone in 60 Seconds (2000), though that version was a modified creation — the real GT500 still gained immense fame from it.
Ford Took Over Shelby Production in 1967 1967 marked the year when Shelby Mustang production shifted from Shelby American in California to Ford’s facility in Michigan, beginning a new era of factory-built Shelbys.
Now a Multi-Million-Dollar Collectible Due to its limited production, classic styling, Shelby heritage, and performance, original 1967 GT500s now fetch six-figure (and sometimes seven-figure) prices at auctions.

Ford Mustang Shelby GT500 Fastback (1967–1970) – EU Price Guide (2024)
The Shelby GT500 is the ultimate first-gen Mustang muscle car, blending raw power with Shelby’s performance upgrades. Only 2,048 GT500s were built from 1967–1970, making them highly collectible.
Here’s the latest EU market breakdown:
1. Price Ranges (EUR, Mid-2024)
By Year & Condition
1967 GT500 (First Year, Most Valuable)
Project Car (needs full restoration): €120,000 – €180,000
Driver-Quality (runs, needs minor work): €180,000 – €250,000
Concours-Level (Numbers-Matching): €250,000 – €400,000+
1968–1970 GT500 (Slightly Less Rare)
Project: €100,000 – €150,000
Restored/Good Condition: €150,000 – €220,000
Show-Quality: €220,000 – €350,000
GT500KR ("King of the Road", 1968)
€300,000 – €500,000+ (only 1,053 made, 428 Cobra Jet power).
2. Key Factors Affecting Value
✅ Originality
Shelby Serial Tag (e.g., "SGT-500-1234") – Must be verified via SAAC (Shelby American Automobile Club).
Matching-Numbers 428ci V8 (355–400 HP) – Non-matching engines slash value by 30–50%.
✅ Provenance
Documented Shelby History (original invoices, race history).
Celebrity Ownership (e.g., Steve McQueen’s GT500 sold for $2.3M).
✅ Rust & Structural Issues
Shelby-Modified Areas: Rear frame rails, shock towers, trunk floor.
Fiberglass Body Parts: Hood, scoops, and rear end are expensive to restore.
3. Where to Buy in the EU?
High-End Auctions: RM Sotheby’s, Gooding & Co. (GT500s appear occasionally).
Shelby Specialists: Legendary Motorcar Company, Gateway Classic Cars.
Classifieds: Classic Trader, Hemmings.
4. Market Trends
📈 Strong Appreciation
1967 GT500s up 15% yearly (now €300k+ for top examples).
GT500KR models are the most sought-after.
⚠️ Beware of Fakes
Many "GT500 clones" (standard Mustangs with stripes) sell for €50k–€100k.
Verify with SAAC before buying.
Pro Tip: A SAAC Registry Report (€500–€1,000) is essential to confirm authenticity.
(Fun Fact: The GT500’s "Cobra Le Mans" stripes were inspired by Carroll Shelby’s racing team!)
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