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UnicornMuscle · 1968 · United States

Shelby GT500KR

The ultimate 1960s Mustang, crowned the King of the Road.

Power
335 bhp
0–60 mph
5.4 s
Top speed
140 mph
Est. value
$160k–$330k

About the Shelby GT500KR

Introduced mid-way through the 1968 model year, the GT500KR (King of the Road) was the definitive evolution of Carroll Shelby's vision for the Mustang. It replaced the standard GT500's Police Interceptor engine with the legendary 428 Cobra Jet V8, featuring high-flow cylinder heads and a ram-air induction system. While officially rated at 335 hp to appease insurance companies, actual output was widely understood to exceed 400 hp. The KR is distinguished by its unique fiberglass hood with twin forward-facing scoops, horizontal sequential tail lights borrowed from the 1965 Thunderbird, and Lucas fog lights integrated into the grille.

Shelby GT500KR specs

The Shelby GT500KR produces 335 bhp (250 kW) and 597 Nm (440 lb-ft) of torque. It reaches 60 mph in 5.4 seconds and has a top speed of 140 mph (225 km/h).

Overview
MakeShelby
ModelGT500KR
Trim428 V8
Years1968
TypeMuscle
Body styleCoupé
CountryUnited States
ProductionAbout 1,571 built
Original priceAbout $4,500 when new
Performance
Engine7.0-litre 428 Cobra Jet V8
Displacement7,014 cc (7.0 litres)
InductionNaturally aspirated
Power335 bhp (250 kW) at 5,200 rpm
Torque597 Nm (440 lb-ft)
Redline6,000 rpm
0–60 mph5.4 s
Top speed140 mph (225 km/h)
Transmission4-speed manual
DrivetrainRear-wheel drive
Weight1,620 kg (3,571 lb)
Power-to-weight207 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 GT500KR worth?

A typical Shelby GT500KR is estimated to be worth $160,000 – $330,000 (about £119,000 – £246,000).

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 GT500KR rarity in CarSpot

The Shelby GT500KR 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 GT500KR fun facts

  • Carroll Shelby trademarked the 'King of the Road' name after hearing that Chevrolet was planning to use it for a new Corvette variant.
  • The 428 Cobra Jet engine was so powerful that Ford deliberately underrated its horsepower to help owners avoid massive insurance premiums.
  • The GT500KR featured a functional ram-air system where the hood scoops fed air directly into a special air cleaner assembly.

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