Revealing the Myth: The 1969 Shelby Mustang GT500 Cobra

The original recipient of this 1969 Shelby Mustang GT500 fastback was Joe Myers Ford of Houston, Texas. Its outside is a Gulfstream Aqua with golden stripes, while the interior is furnished in black. The engine is a 428ci Cobra Jet V8 mated to a three-speed C6 fully automatic gearbox. Equipped with 15-inch wheels, power steering, power-assisted front disc brakes, Lucas driving lights, air conditioning, a tilt-away steering wheel, a push-button AM radio, and a Sport Deck back seat are some of the notable features.

1969 Shelby Mustang GT500 Fastback

Fastback 1969 Shelby Mustang GT500

In 2022, the present owner became the proud owner of this automobile. Afterwards, the AC was serviced, the carburetor was rebuilt, and various parts such as the fan clutch, glovebox, indicator boards, pedal pads, interior lights, gauge lenses, and tires were replaced. Along with the vehicle, you will find the following items: a reproduction window sticker, owner’s handbook, a letter from the dealer, an invoice for the Shelby order, construction papers, a Deluxe Marti report, a book with wiring diagrams, and a clear title held by the seller in California.

1969 Shelby Mustang GT500 Fastback

Fastback 1969 Shelby Mustang GT500

Supposedly, the vehicle was repainted from its original Gulfstream Aqua (F5) finish with gold side stripes before leaving the factory. Among the exterior features are a vented hood with NACA ducts, a pair of dual exhaust outlets located in the center of the vehicle’s exterior, a left quarter-panel antenna, Lucas driving lights, chrome bumpers, quarter-panel scoops, body-color sport mirrors, and an integrated rear spoiler.

Fastback 1969 Shelby Mustang GT500

Reportedly installed in 2023 are five-spoke fifteen-inch wheels with polished lips, black Shelby center caps, and BFGoodrich Radial T/A tires measuring 235/60 up front and 245/60 out back. There is a jack and a space-saving spare tire installed in the trunk. The vehicle has power steering and uses power-assisted front discs and rear drums for braking.

1969 Shelby Mustang GT500 Fastback

Fastback 1969 Shelby Mustang GT500

Black vinyl upholstery adorns the front bucket seats and bench seat in the back, with door panels that match the upholstery. The front passengers are equipped with shoulder belts, air conditioning, a roll bar, padded center armrest, imitation teak wood trim, and floormats imprinted with the GT500 logo. The air conditioning system of the car is believed to have been serviced in 2023 and still contains R12 refrigerant.

Fastback 1969 Shelby Mustang GT500

A tilt-away column supports the wood-rimmed steering wheel, which in turn frames a tachometer, a speedometer with a range of 140 mph, and additional gauges. The center console is equipped with an ammeter and an oil pressure gauge. It is believed that in 2023, the following will be replaced: the glovebox, the turn signal switch, the pedal pads, the interior lighting, the gauge lenses, the instrument panel circuit and turn signal boards. With the present owner adding about 700 miles to the 4,000 already shown on the mechanical odometer, the total mileage is 4,050. We don’t know the total mileage.

1969 Shelby Mustang GT500 Fastback

Fastback 1969 Shelby Mustang GT500

A four-barrel carburetor, finned valve covers, and a blue-finished Ram-Air filter housing, engine block, intake manifold, and cylinder heads are all features of the 428ci Cobra Jet V8. It was supposedly rebuilt and fine-tuned, and the oil changed, when it was under the present owner’s control.

Fastback 1969 Shelby Mustang GT500

A 9-inch rear axle with a gear ratio of 3.00:1 and a C6 three-speed automatic transmission transfer the vehicle’s power to the wheels at the back.

Fastback 1969 Shelby Mustang GT500

A manufacture date of February 27, 1969, along with factory colors and equipment, are detailed in the Deluxe Marti report. The sale includes the original paperwork, a duplicate Warranty Number tag, an invoice from the dealer, a Shelby order form, and build sheets.

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