Shelby GT350
The raw, race-bred original that transformed the Mustang into a world-class sports car.
- Power
- 306 bhp
- 0–60 mph
- 6.6 s
- Top speed
- 138 mph
- Est. value
- $363k–$660k
About the Shelby GT350
The 1965 Shelby GT350 was the first collaboration between Ford and Carroll Shelby, designed specifically to homologate the Mustang for SCCA B Production racing. Unlike later, more comfortable iterations, the 1965 model was a uncompromising performance machine featuring a high-output 'K-Code' 289 cubic-inch V8, side-exit exhausts, and a fiberglass hood. To save weight and meet racing regulations, the rear seats were removed and replaced with a shelf for the spare tyre. Its stiff suspension, featuring Koni adjustable shocks and traction bars, made it a formidable competitor that dominated its class on the track.
Shelby GT350 specs
The Shelby GT350 produces 306 bhp (228 kW) and 446 Nm (329 lb-ft) of torque. It reaches 60 mph in 6.6 seconds and has a top speed of 138 mph (222 km/h).
| Make | Shelby |
|---|---|
| Model | GT350 |
| Trim | 289 |
| Years | 1965 |
| Type | Classic |
| Body style | Coupé |
| Country | United States |
| Production | About 562 built |
| Original price | About $4,500 when new |
| Engine | 4.7-litre V8 |
|---|---|
| Displacement | 4,727 cc (4.7 litres) |
| Induction | Naturally aspirated |
| Power | 306 bhp (228 kW) at 6,000 rpm |
| Torque | 446 Nm (329 lb-ft) |
| Redline | 6,500 rpm |
| 0–60 mph | 6.6 s |
| Top speed | 138 mph (222 km/h) |
| Transmission | 4-speed manual |
| Drivetrain | Rear-wheel drive |
| Weight | 1,265 kg (2,789 lb) |
| Power-to-weight | 242 bhp per tonne |
Typical figures for the standard car; options, markets and model years vary. Where our specs come from
How much is a Shelby GT350 worth?
A typical Shelby GT350 is estimated to be worth $363,000 – $660,000 (about £271,000 – £492,000).
Its original price when new was about $4,500.
Values are directional estimates for a typical example, not appraisals. Condition, mileage, history and specification all change what a real car is worth. Pound figures use the exchange rate of 3 November 2026. How values are estimated
Shelby GT350 rarity in CarSpot
The Shelby GT350 is a Unicorn card in CarSpot, with a rarity score of 100 out of 100. The rarest tier: hypercars, one-offs and cars built in tiny numbers, typically fewer than about 500. A Unicorn card is worth 320 XP.
Each model's tier starts from a 0–100 score based on its value plus its power or production numbers. Once enough players have spotted a model, how often it is spotted can move it up or down one tier. How CarSpot rarity works
Rarity is a collectible game mechanic, not an assessment of real-world scarcity or value.
Shelby GT350 fun facts
- Every 1965 GT350 was finished in Wimbledon White with Guardsman Blue rocker stripes; the famous 'Le Mans' top stripes were actually a dealer-installed option.
- Early 1965 models had the battery relocated to the boot to improve weight distribution, but this was moved back to the engine bay in later cars due to complaints about fumes.
- The 1965 GT350 is often called the 'Cobra-Mustang' because it used many parts from Shelby's Cobra program, including the high-rise intake manifold and valve covers.
