1967 Shelby GT500 Super Snake

Back in March we told you about a one-of-one 1967 Shelby GT500 Super Snake that would be crossing the block at Mecum’s Spring Classic Auction in Indianapolis, and now the results are in. The very special Shelby commanded a high bid of $1.3 million (plus a seven percent seller’s commision), making it easily the highest grossing car at the auction and the most expensive Ford Mustang ever sold. Our records indicate that the previous number stood at just under $1 million with the sale of a 1965 Shelby GT350R back in August.

So what makes the 1967 Shelby GT500 Super Snake so valuable? As we mentioned before, it’s the only one in the world, but it’s more than just that. It’s also the most powerful and fastest Mustang produced by Shelby in the 1960s, packing a 427 cubic inch V8 from a Ford GT40 race car under the hood. A production run of fifty cars was planned, but the $8,000 price tag, an astounding amount at the time, led to little interest from customers.

You can see the one-off 1967 Shelby GT500 Super Snake in more detail in the gallery below.

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[Source: Mecum Auctions]

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