For muscle car enthusiasts and collectors alike, few names are as prestigious as the Shelby GT500 KR. And now, you have the chance to own one of the most rare and powerful Mustangs ever built. Set to cross the auction block at Broad Arrow Group’s Amelia Auction 2025 on March 7th, this 1968 Shelby GT500 KR Convertible is an opportunity you won’t want to miss.
This GT500 KR is one of only 518 convertibles built in 1968 and is further distinguished as one of just 49 finished in Special Ford Yellow which accentuates its bold black “G.T.500 KR” rocker stripes and restored ten-spoke wheels wrapped in BFGoodrich Radial T/A tires. The Deluxe Marti Report confirms its authenticity, showcasing its unique production details and original Black Decor bucket seat interior.
Under the hood, this Shelby houses the legendary 428 Cobra Jet V8 engine with a four-speed manual transmission. Factory-rated at 335 horsepower but known to produce over 400 horsepower, this “King of the Road” is one of the most formidable muscle cars of its era. Enhanced with a ram-air induction system, Holley 715-CFM four-barrel carburetor, and free-flowing intake and exhaust manifolds.
This GT500 KR boasts a rich ownership history, with documentation dating back to its delivery in Milwaukee, Wisconsin, in November 1968. Restored by renowned Shelby specialist Pete Disher, its comprehensive 2003 restoration earned it a Silver Award at the Shelby American Automobile Club convention.
With an auction estimate of $200,000 – $250,000, this Shelby GT500 KR represents a rare investment opportunity. Whether you want to add an iconic piece to your collection or experience the thrill of driving a true muscle car legend, this Shelby GT500 KR Convertible is ready to claim its next home. Don’t miss your chance to own the “King of the Road!”
Source: Broad Arrow Auctions
