Lime Gold Legend: The Restored 1967 Shelby Mustang GT350

1967 Shelby Mustang GT350 - Photo 1

The 1967 Shelby Mustang GT350 marks a pivotal moment in the collaboration between Carroll Shelby and Ford, transitioning the Mustang from a raw track car into a sophisticated high-performance grand tourer. This example is one of just 1,174 fastbacks produced for the model year, first delivered through Gotham Ford in New York. After decades of long-term storage and a fascinating history of limited ownership, the vehicle recently completed an extensive 2026 restoration. Clad in its factory-correct Lime Gold, this Shelby combines verified provenance with a comprehensive mechanical overhaul, making it a premier acquisition for the discerning Ford collector.

1967 Shelby Mustang GT350 - Photo 2

Lime Gold Fastback Styling and Magstar Alloys

The exterior visual character of the 1967 Shelby Mustang GT350 is defined by its extensive use of fiberglass components, including a ram-air induction hood, fender extensions, and a distinctive ducktail rear spoiler. Stripped and repainted in its original Lime Gold (7) between 2025 and 2026, the bodywork features iconic air scoops on the quarter panels and functional hood pins. It rides on 15-inch five-spoke Magstar alloy wheels with Cobra-logo center caps, wrapped in period-correct Goodyear tires. The restoration meticulously returned the car to its factory silhouette, removing previously installed flares to ensure the classic Shelby profile remains uncompromised and authentic.

1967 Shelby Mustang GT350 - Photo 3

Interior Décor Group and Brushed Aluminum Accents

The cabin reflects the high-specification Interior Décor Group, which elevated the 1967 model with premium materials and brushed-aluminum dashboard and door panel inserts. Stainless-steel pedal surrounds and a woodgrain steering wheel create an environment that is both sporty and sophisticated. This example was also ordered with the functional Sport Deck rear seat and shoulder harnesses, alongside the Courtesy Light Group for enhanced interior visibility. A factory-optional 8,000-rpm tachometer and a 140-mph speedometer sit at the center of the driver’s experience, providing a clear and analog connection to the car’s racing-bred performance heritage.

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Rebuilt 289 V8 and Four-Speed Engagement

Performance is anchored by a numbers-matching 289ci V8, factory rated at 306 hp/310 PS and 329 lb-ft/446 Nm of torque. The engine and its four-barrel Holley carburetor were completely rebuilt as part of the 2025 restoration, supported by the Extra Cooling Package’s larger radiator. Shifting is handled by a rebuilt four-speed manual transmission that sends power to a limited-slip differential for maximum traction. The chassis has been further enhanced with Koni dampers and a red-oxide coated floor pan, while the steering and power-assisted front disc brakes were overhauled to ensure the car handles with the same precision it possessed when it left the Shelby American facility.

Technical Specifications
Engine 289ci V-8 w/ Holley Carburetor
Transmission 4-Speed Manual
Wheels 15-Inch Magstar Alloy
Cooling Factory Extra Cooling Package
Production 1 of 1,174 Fastbacks
Documentation Deluxe Marti Report / SAAC Printout

1967 Shelby Mustang GT350 - Photo 5

Investment Rarity and Documented Restoration

The market for the 1967 Shelby Mustang GT350 remains exceptionally strong, as it is often cited as the most beautiful of the Shelby-developed Mustangs. This vehicle’s investment pedigree is solidified by its Deluxe Marti Report and SAAC printout, which verify its original build specifications and delivery to Gotham Ford. Having been off the road since the mid-1970s and recently emerging from a high-quality restoration, it offers a level of freshness and mechanical integrity rarely seen in today’s market. For the serious collector, the combination of a low production volume, a classic Lime Gold color scheme, and a rebuilt drivetrain makes this GT350 a blue-chip asset with immense historical value.

1967 Shelby Mustang GT350 - Photo 6

The Peak of Shelby Fastback Design

In summary, the 1967 Shelby Mustang GT350 is a masterclass in American performance engineering, perfectly blending muscle and elegance. It successfully captures the raw ambition of Carroll Shelby’s vision, offering a driving experience that remains as thrilling today as it was in 1967. From the roar of the rebuilt 289 V8 to the incomparable silhouette of the fastback body, every detail has been preserved or restored to honor its heritage. This Lime Gold fastback is more than just a car; it is a rolling piece of automotive history, representing a time when Shelby and Ford defined the absolute standard of performance on the road.

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Source: bringatrailer.com

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