Legacy Metrics

1967 Shelby GT500 Mustang

67400F2A01926roadUnited States
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

  1. Auction sale
    Sold £126,000 (≈ $158K)

    RM Sotheby's catalogue lot →

  2. 1967-09-26 →Factory delivery
    James 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.

  3. 1971 → 1973Private sale
    Ken and Shirley DeYoung
    partial documentation

    Acquired from a Ford dealership in DePere, Wisconsin. The couple drove the car to Road Atlanta in late 1972 for SCCA competition.

  4. 1973 →Private sale
    Kevin Jones
    partial documentation

    Green Bay, Wisconsin resident; identified as the last owner recorded in the Shelby American Automobile Club registry.

  5. Date unknownAcquisition unknown
    Current UK-based owner
    partial 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

  1. 1972-11-01Sports Car Club of America
    SCCA 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

  1. 1968Repair
    Bedford Motor Corporation

    A cracked valve cover was replaced by the original selling dealer.

  2. Restoration
    Dragon 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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Each chassis record is compiled from public auction archives and links to its source material. Ownership, competition and maintenance entries are extracted from those catalogue listings by an LLM, which can make mistakes — please contact us with any corrections. The summary is Legacy Metrics’ own writing; we do not reproduce catalogue text.

“Full” and “partial” documentation labels indicate how well each entry is corroborated in the underlying sources, not an audit of the car’s physical paperwork. Names of recent or living owners are withheld for privacy.