With styling changes to Ford’s hugely popular Mustang. Carroll Shelby, quick to capitalize on the Mustang’s new style, revised the GT 500 mid-year and called it the GT 500KR, short for “King of the Road.” The 1968 Shelby GT 500KR was indeed worthy of its name, boasting incredible horsepower, a luxurious interior, and the meanest Mustang redesign yet. As a result, the GT 500KR was all about power and quickly became a favorite. The GT 500 returned in 1969, but no GT 500KRs were built after 1968. Production totaled 933 coupes and 318 convertibles.

This Shelby GT 500KR convertible is among the rare. One of the 318 GT 500KR convertibles, it is gorgeous in its original shade of Red with black interior and top. This “King of the Road” has the 428-cid Cobra Jet V-8 engine and four-speed manual transmission, plus air conditioning, power steering and brakes, power top, AM radio, 10-spoke Shelby aluminum wheels, rollbar and BFGoodrich Radial T/A tires.