Since the new-for-1967 Mustang body shell had been designed from the outset to accept Ford’s larger FE-Series 390-cu. in. big-block engine, Shelby was able to drop Ford’s higher-displacement Interceptor 428 into the pony car’s engine bay, creating the nearly 400-hp GT500. For 1968, the GT500 was comprehensively updated with an aggressive new front-end treatment, including a lengthened hood line, air scoops, and louvered cooling vents, while a neatly integrated rear spoiler was added, as well as revised head and tail lamps.

This GT500 is documented by its accompanying Marti Report as having been built on 13 February 1968, under a special order in Wimbledon White with black knit vinyl luxury bucket seats, four-speed manual transmission, 3.00 rear axle, shoulder harness, Visibility Group, Sport Deck rear seat, power disc brakes and steering, tilt steering wheel, SelectAire air conditioning, AM radio, Interior Décor Group, tinted glass, and a heavy-duty battery.

The car was sold new by Reynolds Motors of Syracuse, New York, to local resident Peter Flood on 9 March 1968; Mr. Flood apparently moved to Texas with the Shelby, which was serviced by Dub Shaw Ford of Fort Worth on 25 July at 6,180 miles. It has remained continuously in Texas since, with former owners listed in the SAAC Shelby Registry as Harris Nelson, Harris Jackson, and Steve Honkomp, prior to the present owner’s acquisition in 2007. Authentically restored and well presented today, it is ideal for local showing and, especially, for enthusiastic driving.