5S421 - Bring A Trailer

[silverton_ford]

Link:  https://bringatrailer.com/listing/1965-shelby-mustang-gt350-12/?utm_source=Iterable&utm_medium=email&utm_campaign=Model_Update



Auction Description:
This 1965 Shelby Mustang GT350 is one of 504 street-production examples built for the model year, and it was specified with the two available options – LeMans-style Guardsman Blue over-the-top stripes and 15″ Cragar alloy wheels. Its second owner reportedly used the car to tow his race car and installed a Maier Racing front apron and a 34-gallon gas tank. The car is believed to have remained registered in California through 1985, at which point its new owner removed the aftermarket front valance and fuel tank. After changing hands in the mid 1990s, the car underwent a restoration overseen by Shelby American Automobile Club judge John Brown, and in 2007, it was entered at the SAAC National Convention Concours event at Miller Motor Sport Park in Utah and won Premier in Division 1. It was subsequently owned by several collectors and enthusiasts before being acquired by the current owner in 2018. The car's 289ci HiPo V8 is linked with a four-speed manual transmission and a locking rear differential, and it is further equipped with Koni dampers, Kelsey-Hayes front disc brakes, low-back front bucket seats, and a dashboard-mounted instrument pod. This GT350 is now offered on their behalf by the seller in Illinois with a clean Montana title.

All 1965 GT350s were finished in Wimbledon White with Guardsman Blue rocker-panel stripes, and this example has the optional over-the-top stripes as well. It is believed to have been first delivered to Hayward Motors in California, and remained registered in the state through the mid 1980s. Features include a steel-framed fiberglass hood with a functional scoop and quick-release pins, a mesh grille with an offset running-horse logo, and sail-panel louvers. The detail photos in the gallery were taken in August 2025.

Optional 15″ Cragar cast-alloy wheels are wrapped in 215/70 Avon CR6ZZ tires, and a spare tire is secured atop the fiberglass package shelf in the cargo area. GT350s were built with a lowered front suspension, a larger front sway bar, Koni dampers, Kelsey-Hayes front disc brakes with ventilated rotors, and Galaxie-sourced 2.5″-wide rear drums.

The cabin is trimmed in black vinyl and features low-back bucket seats along with color-keyed door panels, carpeting, and rubber floor mats. GT350-specific equipment includes 3″ aircraft-style lap belts and a fiberglass rear shelf in place of the standard Mustang's rear seats. The floor-mounted manual shifter has a reverse-lockout lever and a black shift knob.

The wood-rimmed steering wheel fronts a horizontal-sweep 120-mph speedometer flanked by gauges for fuel level and coolant temperature, while an arched pod situated centrally atop the dash houses an oil-pressure gauge and a tachometer with a 6,500-rpm redline. The odometer shows 19k miles on a five-digit odometer.

The 289ci Windsor V8 was shared with K-code Mustangs and was topped with a four-barrel Holley carburetor and a cast-aluminum intake manifold to produce a factory-rated 306 horsepower in street versions of the GT350. Additional GT350-specific features include a finned aluminum "T" oil pan with hinged baffles, open-letter valve covers, and tri-Y exhaust headers leading to exit pipes ahead of each rear wheel.

The four-speed Borg-Warner T10 manual transmission is equipped with an aluminum housing and close-ratio gears, while the 9" rear end has a Detroit Locker differential.

The car is titled as a 1965 Ford Shelby using VIN SFM5S421.

[SBCARGUY]

I sold it to Canepa in 2013....

[msrraymond]

Does anyone know if it has the orig motor and vin# on the aprons ?     thanks matt 978-375-0014

[SBCARGUY]

It did when I owned it and sold it....

It was a solid, excellent car.

That was 13 years ago and I have not seen it since...

Remember it won Premiere 5-6 years before I purchased it and the guy I bought it from NEVER used it....

Came from a Private collection of 50 plus cars  

[msrraymond]

thank you

[5s386]

It did when I owned it and sold it....

It was a solid, excellent car.

That was 13 years ago and I have not seen it since...

Remember it won Premiere 5-6 years before I purchased it and the guy I bought it from NEVER used it....

Came from a Private collection of 50 plus cars  

Did you buy it already restored? Do you have pre restoration pictures? Thanks!