Historic 1965 Ford Mustang Shelby GT350R sold for record $4 million
Fox News
The prototype for the 1965 Ford Mustang Shelby GT350R racing car has been sold for a record $4,070,000 at the Mecum Auctions Kissimmee, Florida. It is the highest price paid to date for a Mustang.
It was the highest price ever paid for a Mustang and $220,000 more than what the same car auctioned for in 2020.
The car, serial number 5R002, was built as a prototype for the GT350R competition model, of which 34 were later built. It was tested by Ken Miles of "Ford v Ferrari" fame, who also raced it along with famed drivers Bob Bondurant, Peter Brock, Jerry Titus and Chuck Cantwell.
The GT350R was designed with a modified version of the Mustang's 289 cubic-inch V8 that puts out over 350 hp, an oversized 34-gallon racing fuel tank, and various suspension and drivetrain updates.