
The 1968 Shelby GT500KR Fastback earned its King of the Road moniker through a combination of aggressive styling and a massive leap in powertrain capability. Shelby No. 02432 was sold new at Nagle Ford in Rochester, New York, and has since undergone a comprehensive restoration to return it to factory-fresh standards. This particular example stands as a testament to the brief but glorious window when Ford and Carroll Shelby dominated the asphalt with the mid-year introduction of the 428 Cobra Jet engine.

Acapulco Blue Majesty and Aerodynamic aggression
The exterior of this GT500KR is finished in its striking original shade of Acapulco Blue, highlighting the fiberglass hood and functional cooling ducts. Every line of the fastback silhouette emphasizes speed, from the integrated rear spoiler to the iconic sequential taillights that defined the era. Rolling on Shelby 10-spoke wheels, the car maintains a balanced yet intimidating presence. The attention to detail during its restoration ensures that every piece of chrome trim and every GT stripe perfectly complements the muscle-bound aesthetic.

A Deluxe Cabin Designed for High Speed Luxury
The interior reflects the high-end nature of the KR package, featuring the Black Interior Decor Group and the desirable Sport deck rear seat. Drivers are greeted by a tilt-away steering column and an AM radio, blending mid-century comfort with track-ready intent. Woodgrain accents spread across the dashboard and center console, providing a premium feel that distinguished Shelby products from the standard Mustang line. This cockpit remains a functional environment where the Visibility Group and specialized instrumentation allow for total situational awareness during spirited driving sessions.

Unleashing the 428 Cobra Jet Powerplant
Performance is anchored by the legendary 428 CI Cobra Jet V-8 engine, a powerhouse designed to deliver effortless acceleration and reliable top-end speed. The engine provides 335 hp/340 PS and 440 lb-ft/597 Nm of torque, which is managed by a heavy-duty C6 automatic transmission. Power is sent to the ground through a 3.50 Traction-Lok rear end, ensuring maximum grip during hard launches. For improved drivability, the car is equipped with power steering and power brakes with front discs, making the massive torque of the Cobra Jet manageable.
| Technical Specifications | |
|---|---|
| Engine | 428 CI Cobra Jet V-8 |
| Transmission | C6 Automatic |
| Rear End | 3.50 Traction-Lok |
| Wheels | Shelby 10-Spoke |
| Exterior Color | Acapulco Blue |
| Interior Color | Black |
| Braking System | Power Front Disc Brakes |
The Crown Jewel of the Indy 2026 Auction Block
This 1968 Shelby GT500KR Fastback represents a significant investment in automotive history, backed by a Deluxe Marti Report that confirms its prestigious lineage. Its combination of a rare color, comprehensive restoration, and the high-output Cobra Jet engine makes it a standout entry for the Saturday block. As collectors gather to witness this King of the Road, its status as a verified muscle car icon remains undisputed and highly coveted.
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Source: mecum.com





