Announcing Online Auctions! Rare classic and collector cars vetted by our dealer network.
 Click here to bid now.

$2.2m Shelby GT500 Super Snake Is The Most Expensive Mustang Ever

By Tyler Heatley Jan 12, 2019
news
Shop Sports
By Tyler Heatley Jan 12, 2019
There's only one original 1967 Shelby GT500 Super Snake in the world, and it's now officially the most expensive Mustang ever after being sold at auction

There's now a new-old king of Mustangs, as the only original Shelby GT500 Super Snake has broken the price record for the public sale of a Mustang. Mecum's Kissimmee sale yesterday featured the GT40-engined special crossing the auction block and setting an all-time sales record for a Ford Mustang, its final bid hitting $2.2 million.

Its blockbuster sales figure is little surprise the car's history. The Shelby GT500 proved to be a huge success when introduced, outselling its little GT350 brother by almost a factor of two.

When Carroll Shelby was approached by Goodyear, of which he was the West Coast distributor, to join a demonstration run in order to promote a new tyre, the GT500 was the obvious choice.

$2.2m Shelby GT500 Super Snake
View in gallery

However, at the same time former Shelby American Sales Manager Don McCain suggested that Shelby should build a supercar using the racing 427 V8 - this lead to that engine finding its way into a GT500 for the demonstration. The plan was to demo the car and build a further 50 examples for the Long Beach dealer McCain was working for.

Shelby American’s chief engineer Fred Goodell was asked to prepare the special engine that was effectively a modified version of the unit found in a Ford GT40 MKII. GT500 No. 544 received the engine designed and modified to deal with extensive high speed running, a unique transmission and bespoke rear axle.

McCain described the 427 engine in this car as ‘the mother of all 427s’ as its exotic components such as aluminium heads, lightweight water pump, forged crank and Le Mans rods made it the ultimate V8 of the breed.

At the Goodyear demonstration Shelby took a number of guests and journalists out in the car and reportedly cracked 170mph. Goodell then drove the car for the test averaging 142mph over 500 miles! The Thunderbolt tyres on test proved highly durable, but the headlines were all about the Super Snake.

View in gallery
View 14+
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View
["$2.2m Shelby GT500 Super Snake"]
View 14+

The car was then sent to the Californian dealership to drum-up publicity for the limited run of 50 cars as planned. However, due to the exotic nature of this Shelby, the cost was vast. McCain had to concede that the car, no matter how impressive, was simply too expensive.

The Super Snake was sent to Dallas and sold to James Hadden and James Gorman, who modified the gearbox for drag racing. In 1970, Texan Bobby Pierce purchased the car and retained it for some 25 years before it was then sold to a man from Florida.

After changing hands a few more times, the rare Mustang was bought by a collector who lightly restored the car — even finding a new set of Goodyear Thunderbolt tyres like those used during the test. The car was then sold to its previous owner, Shelby collector John Wickey, who has cared for the one-off car ever since.

Shelby American is currently producing 10 continuation examples of the classic Super Snake, but there’ll only ever be one original car.


Related articles

Father And Son Reflect On 1971 Alfa Romeo Spider 1300 Junior

Even through the language barrier, the love of cars translates. Everyone seems to have their own idea of what const...
By Steven Symes Feb 14, 2020

CO Ford Dealer Employee Crashes 2020 Mustang GT During Joyride

And the dealership's was positive enough that it didn't lose a customer from this ordeal! If you're an enthusiast, y...
By Jeffrey N. Ross Feb 14, 2020

Are These Consecutive-VIN '55 Corvettes The Perfect Package Deal?

These Corvettes twins were separated at birth, reunited nine months later and they've been together ever since! When...
By Jeffrey N. Ross Feb 13, 2020

Steal The Show With This Custom 1965 Backdraft Racing Cobra

Just remove the rare hardtop, and this sleek Cobra replica is the perfect sunny weekend roadster. Most car enthusias...
By Amie Williams Feb 12, 2020
Show Me More

URL copied to clipboard