Mustang MonthlyNews & Views
One-Off 1967 Shelby GT500 Super Snake Fetches $1.3 Million at Mecum
Thanks to auctions such as Mecum, we get to witness some amazing, rare classics roll across the auction block, including cars like this one and only 1967 Shelby GT500 Super Snake, which fetched an incredible $1.3 million dollars (plus 7% seller’s commission) at the recent Mecum auction in Indianapolis. It’s an amazing haul considering that this exact prototype was sold for just five grand back in August of 1967.
The one-off GT500 Super Snake came to life as part of an event to promote Goodyear tires. In an effort to set the car apart for the promotion, the late, great Carroll Shelby packed in a 427-cubic-inch Ford GT40 racing engine under the hood. Outfitted with Goodyear Thunderbolt whitewall tires, this car drove 500 miles averaging 142 miles per hour and still retained 97% of the original tire tread.
Without getting too deep into the rich history of the Shelby Mustang, production Shelby GT500s were outfitted with a big block V8 and proved incredibly popular for Shelby, selling almost a thousand units more than its Shelby sibling, the GT350.
Why wasn’t this unique Super Snake ever produced in any quantity? Considering that the projected retail price would have been roughly $8,000 back then -- twice the price of a base GT500 and more than the 427 Cobra -- it wasn’t a realistic option. Now, this old-school Super Snake has just possibly become the most expensive Mustang ever sold at auction.
The hefty price tag not only bought a car, but a piece of history crafted by the man who changed the auto world forever. This Snake still has the original Shelby invoice, MSO and Goodyear tire test photos, the Le Mans blue hood stripes, and of course, the original Goodyear Thunderbolt passenger car tires.