Mustang Of The Day: 1965 Ford Mustang Shelby GT350
1965 Ford Mustang Shelby GT350 | © RM Sotheby's

The Shelby GT350’s most significant improvements took place under the hood, where an eager Shelby heavily modified the stock Mustang’s Hi-Po 289 cubic-inch V-8, which already produced a respectable 271 HP. Each GT350’s engine was stripped of its stock cast-iron intake, in favor of a Cobra Hi-Rise manifold. A Holley four-barrel 715-cfm carburetor was then installed, as were lightweight tubular Tri-Y exhaust headers. A much larger radiator was borrowed from the Ford Galaxy 500, and placed into the GT350, to keep overheating at bay.

Mustang Of The Day: 1965 Ford Mustang Shelby GT350
1965 Ford Mustang Shelby GT350 | © RM Sotheby’s

In its refined form, the GT350’s powerplant was capable of producing 306 horsepower at 6,000 rpm, propelling the Mustang to top speeds of 138 mph and a 0-to-60 mph time of 6.6 seconds. This power was directed downstream by a Borg-Warner T-10 four-speed gearbox.

Mustang Of The Day: 1965 Ford Mustang Shelby GT350
1965 Ford Mustang Shelby GT350 | © RM Sotheby’s

In total, 521 production model Shelby GT350 Mustangs were built prior to August of 1965, when manufacturing efforts for the 1966 GT350 began.