1967 Shelby GT500 Mustang
- Engine
- 7.6L (462 cu. in., stroked from 428) OHV V8, dual carburettors, ~437 bhp
- Colour
- Nightmist Blue

A 1967 Shelby GT500 Mustang, chassis 1926, built at San Jose on 5 April 1967 and finished in Nightmist Blue with a black knitted Décor interior. Delivered new to a Virginia resident, it later passed through Wisconsin ownership and was driven to a 1972 SCCA event at Road Atlanta. Subsequently acquired by a British collector, it underwent a comprehensive concours-level restoration by Dragon Wheels, retaining its original engine block while being upgraded to 462 cubic inches producing 437 bhp.
Ownership
- —Auction saleSold £126,000 (≈ $158K)
- 1967-09-26 →Factory deliveryJames W. Gregg Jr.full documentation
Original purchaser, resident of Bedford, Virginia. Took delivery via Bedford Motor Corporation dealership. A cracked valve cover was replaced by the dealer in early 1968.
- 1971 → 1973Private saleKen and Shirley DeYoungpartial documentation
Acquired from a Ford dealership in DePere, Wisconsin. The couple drove the car to Road Atlanta in late 1972 for SCCA competition.
- 1973 →Private saleKevin Jonespartial documentation
Green Bay, Wisconsin resident; identified as the last owner recorded in the Shelby American Automobile Club registry.
- Date unknownAcquisition unknownCurrent UK-based ownerpartial documentation
Described as among the leading Shelby specialists in the UK. Commissioned a thorough concours-level restoration by British specialist Alan Faulkner-Stevens of Dragon Wheels, including engine upgrades and bodywork refinishing.
Competition
- 1972-11-01Sports Car Club of AmericaSCCA Run-offs, Road Atlanta
Ken and Shirley DeYoung drove the car to Road Atlanta to take part in the SCCA national run-off event.
Maintenance & restoration
- 1968RepairBedford Motor Corporation
A cracked valve cover was replaced by the original selling dealer.
- —RestorationDragon Wheels
Full concours-level restoration carried out retaining the majority of original body panels, with a new passenger-side floor pan and corrected rear quarter panels. Body was stripped and refinished in the original Nightmist Blue. Engine retained, with upgraded stroker crankshaft and connecting rod kit raising displacement to 462 cubic inches and output to 437 bhp. Remanufactured correct-type carburettors fitted. Wiring and lighting were also upgraded with discreet turn-signal integration.
Work performed by British specialist Alan Faulkner-Stevens. A dynamometer report on file documents the resulting power and torque figures.
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