| Specification | Details |
|---|---|
| Type | High-Performance Muscle Car |
| Released At | 1969 Model Year |
| Built At | Dearborn, Michigan, USA |
| Engine | 7.0 L Naturally Aspirated V8 (Cobra Jet 428) |
| Position | Front-Engine, Longitudinal |
| Aspiration | Natural |
| Block Material | Cast Iron |
| Valvetrain | OHV, 2 Valves per Cylinder |
| Fuel Feed | 4-Barrel Carburetor |
| Displacement | 7014 cc / 428.0 in³ |
| Bore | 107.9 mm / 4.25 in |
| Stroke | 101.6 mm / 4.00 in |
| Compression | 10.6:1 |
| Power | 360 hp / 268 kW @ 5400 rpm |
| Specific Output | 51.4 hp per liter |
| BHP/Weight | 190 bhp per tonne |
| Torque | 610 Nm / 450 lb-ft @ 3200 rpm |
| Top Speed | 217 km/h / 135 mph |
| 0 – 60 mph | 6.0 seconds |
| 0 – 100 km/h | 6.3 seconds |
| Body / Frame | Steel Unibody |
| Driven Wheels | RWD (Rear-Wheel Drive) |
| Wheel Type | Magnum 500 Alloy Wheels |
| Front Tires | F60-15 Goodyear Polyglas |
| Rear Tires | F60-15 Goodyear Polyglas |
| Front Brakes | Power-Assisted Disc Brakes |
| Rear Brakes | Drum Brakes |
| Front Wheels | 38.1 x 20.3 cm / 15 x 8 in |
| Rear Wheels | 38.1 x 22.9 cm / 15 x 9 in |
| Front Suspension | Independent, Coil Springs, Anti-Roll Bar |
| Rear Suspension | Live Axle, Leaf Springs |
| Curb Weight | 1725 kg / 3804 lbs |
| Weight Distribution | 55 % Front / 45 % Rear |
| Wheelbase | 2743 mm / 108.0 in |
| Length | 4823 mm / 190.0 in |
| Width | 1867 mm / 73.5 in |
| Height | 1328 mm / 52.3 in |
| Transmission | 4-Speed Manual / 3-Speed Automatic |
| Fuel Economy (Combined) | Varies (Approx. 10-12 mpg-US) |
| Fuel Capacity | 76 liters / 20 gallons |

Designed by Carroll Shelby but Built by Ford Unlike earlier Shelby Mustangs, which were built at Shelby American, the 1969 Shelby GT500 was assembled by Ford after Shelby ended his direct involvement with Mustang production.
Powered by a 428 Cobra Jet V8 The 1969 GT500 featured a 428 cubic inch (7.0L) Cobra Jet V8 engine, producing 335 horsepower and 440 lb-ft (597 Nm) of torque, though many believed the actual horsepower was closer to 400 hp.
More Aggressive Styling Than Ever The 1969 GT500 received a major redesign, featuring a longer fiberglass front end, a larger hood scoop, side scoops, and an integrated rear spoiler, giving it a more aggressive look.
Functional Ram Air Hood The fiberglass Ram Air hood scoops weren’t just for show—they provided extra airflow to the Cobra Jet engine, improving cooling and performance.
Bigger and Heavier Than Previous Shelbys The 1969 GT500 was larger and heavier than its predecessors, making it more of a high-speed grand tourer rather than a lightweight track car like earlier Shelby Mustangs.
Available in Coupe and Convertible Versions Buyers could choose between a fastback coupe (SportsRoof) or a convertible, making the GT500 one of the rarest and most desirable Shelby Mustangs today.
One of the Last Classic Shelbys After 1970, Ford discontinued the Shelby Mustang program, making the 1969-70 GT500 the last of the first-generation Shelby Mustangs.
Four-Speed Manual or Three-Speed Automatic The GT500 could be ordered with a four-speed manual transmission for performance driving or a three-speed automatic for a more comfortable cruising experience.
Rare 1970 Models Were Leftover 1969s Some 1969 GT500s were left unsold at the end of the year, so Ford re-VINed them as 1970 models, making these "1970" GT500s extremely rare collector’s items.
Highly Collectible and Valuable Today Due to its limited production, Shelby nameplate, and powerful Cobra Jet engine, the 1969 GT500 is one of the most valuable classic Mustangs, with pristine examples selling for over $200,000.

The 1969 Shelby GT500 is the most aggressive classic Mustang—a 7.0L Cobra Jet V8 (335hp, 440 lb-ft) with "Cobra Le Mans" stripes, hood pins, and only 1,536 built. A muscle car legend with prices now rivaling Ferraris.
1. Price Ranges (EUR, Mid-2024)
Standard GT500 (Non-Convertible, Non-Super Snake)
Project Car (Non-Runner/Rusty): €80,000 – €120,000(Check frame rails, torque boxes, and cowl vents—rot kills value.)
Drivable but Worn (Resto-Mod): €130,000 – €200,000(Expect non-matching engine, aged interior, or modern upgrades.)
Restored (Numbers-Matching): €250,000 – €400,000(Correct Grabber Orange paint, date-coded parts, Marti Report.)
Concours-Grade (<50,000 miles): €450,000 – €700,000+(Never modified, all Shelby tags, SAAC documented.)
Special Versions
GT500 Convertible: +€150k–€200k (only 335 made).
GT500 Super Snake (Recreation): €500,000+(Real ones are $2M+.)
"Little Red" Clone: €300,000–€500,000(If well-executed.)
2. Key Factors Affecting Value
✅ Provenance is EVERYTHING
Original Shelby Serial Tag (SMS-XXXX): +€100k+ (fakes abound).
Marti Report Elite: +€20k (proves factory specs).
✅ Desirable Original Features
Ram Air Hood Functional: +€15k (often disabled).
Wood-Grain Steering Wheel: +€5k (often cracked).
Factory Tach/Clock: +€8k (usually missing).
⚠️ Critical Watch-Outs
Fake Shelbys: Clones outnumber real ones 10:1—3D-scan VIN stamps.
428CJ vs. 428PI: Cobra Jet engines worth 2x Police Interceptors.
Restoration Overkill: Over-polished engine bays hurt originality.
3. Where to Buy in the EU?
Specialist Dealers
Classic Car Auctions (RM Sotheby’s, Bonhams).
US Importers (Germany/Netherlands): Like "American Classics".
Private Sales
SAAC Forum (Shelby American Auto Club).
Mustang Barn Finds (Facebook Groups).
Pro Tip: Swiss-stored cars avoid EU import taxes until sold.
4. Market Trends
📈 60s Muscle Car Boom
+15% annually since 2015.
Real Shelbys now 3x 2010 prices.
⚠️ Trap Warning
"Barn Find" Scams: Many are rebody jobs—X-ray the frame.
Non-OEM Fiberglass: Hood/scoops should have Ford part numbers.
5. Must-Do Checks
🔧 Mechanical
Engine Stamp: Must match VIN (7R or 8R prefix).
Transmission Code: Toploader RUG-A1 (close-ratio) or RUG-A2?
📄 Paperwork
Shelby World Registry: Confirm production sequence.
Ford "Buck Tag": Under fender—proves factory GT500 build.
Fun Fact:
The 1969 GT500’s steering wheel was off-center—Shelby moved it 1.5" right for easier entry!
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