Vehicle Description
This 1968 Mustang Shelby GT500KR convertible is powered by a 428ci
Cobra Jet V-8 engine mated to a 4-speed manual transmission.
Equipped with power steering, power front disc and rear drum
brakes, Lucas fog lamps, a roll bar with inertia-reel safety belts,
a tilt steering column, and Shelby 10-spoke alloy wheels. Of the
518 GT500KR Convertibles built-in 1968, only 267 had 4-speed
transmissions. Well-documented and detailed history in the Shelby
American Automobile Club (SAAC) registry, the authority on Shelby
automobiles. The car also has several Marti Reports and a letter
from Ford confirming #4047's July 1968 build date. There are also
copies of the extended warranty purchased in 1969, dealer invoices
from a warranty repair and the credit Shelby issued the dealer for
the same in October of 1969. Shelby #4047 left the factory in Lime
Green and was painted red when restored. The restoration was
completed in 1992 by Kar Kraft, whose owners kept the car until
1999 when it was sold to a state representative of SAAC. The car
was restored with many re-creations of factory touches, such as
paint approval stamps. This Shelby has won many awards, including
the Lew Spencer from SAAC 33 (2008) and a Senior Award from the
American Automobile Club of America in 2009. The date codes reveal
that the engine, heads, intake and carb are date correct. Copies of
ownership history, photos of date codes, and numbers are documented
including a photograph of when Carroll Shelby signed the visor.
Extensive work has been done to get the car back to its
show-winning condition it was in 2009 after it was purchased from
an estate car collection. The complete fuel system was serviced
including rebuilding the original carburetor and original fuel pump
with ethanol compatible components. The cooling system and radiator
were flushed, and the original water pump was rebuilt. The engine
was detailed, and all the original accessories were disassembled
and detailed. Valve cover, timing cover and intake gaskets were
replaced. The plugs and wires were replaced as well. The brakes
were rebuilt from top to bottom along with cleaning and flushing
the brake lines. The power steering hoses were replaced with
correct hoses and the steering control valve was rebuilt. The
interior was disassembled and detailed or repaired. The doors and
windows were disassembled, and all the weather stripping was
replaced. The window regulators were rebuilt, and all the tracks
cleaned and lubricated. The windows were adjusted back to factory
specs.