17-18 August 2012

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Lot 145

1965 Shelby Mustang GT350

  • Chassis no. SFM5S479

Sold for $286,000

306 hp, 289 cu in OHV V-8 engine, Borg-Warner four-speed manual transmission, coil spring front suspension, rear leaf springs with live axle suspension, and front disc and rear drum brakes. Wheelbase: 108"

• Known history from new

• Fitted with period correct Shelby Cragar wheels

• Original engine rebuilt in 2009, by noted authority Curt Vogt, of Cobra Automotive

In 1965, the Shelby Mustang GT350 was blessed with Carroll Shelby’s modified and upgraded 306 horsepower, 289-cubic inch Ford Mustang V-8. Handling the additional power is a Borg-Warner four-speed manual transmission, Detroit Locker rear differential, metallic rear brake lining and Kelsey-Hayes front disc brakes, Koni adjustable shocks, and cast-aluminum wheels. A fiberglass hood with air scoop and tie down pins replaced the steel hood, and the rear seat was omitted—Shelby’s trick to qualify the car as a two-seat sports car in the Sports Car Club of America B Production cClass. Amazingly, the Shelby-prepared GT350 won the title in its class three years running, from 1965 to 1967! This is one of 562 produced for 1965, and it is painted, of course, the classic combination of Wimbledon White with Guardsman Blue Le Mans stripes.

Chassis number 5S479 was delivered to Shelby American as a ’65 Ford Mustang 2+2 Fastback on May 12, 1965. Work began on the Mustang on June 18 and by the 24th, it had been transformed into the formidable GT350. The car was then shipped to Herb Tousley Ford in White Bear Lake, Minnesota, on August 11 of that same year. It was purchased by its first owner, Dewey Berscheid, from St. Paul, Minnesota, and within two weeks of delivery, the original steel wheels were replaced with a set of chrome Shelby Cragar mag wheels, which remain on the car to this day. They were also recently fitted with a new set of reproduction Goodyear “blue dot” tires.

The car was regularly raced on road circuits and hill climbs. However, following complaints from his wife that the car was “making her go deaf,” and fearful of alienating themselves from their neighbors, he reluctantly sold the car. Its lucky second owner, William J. Hartman, of Minneapolis, Minnesota and Yuba City, California, also raced and hill climbed the car. Ken Kirk, of San Francisco, California, the third owner, purchased the car in 1975. He, too, raced the car, and it was during his ownership that a lifetime ban was placed on the car by the officials of Yellowstone National Park, as he was found to have unlawfully towed a trailer through the park!

After a series of owners, the car was sold to George Sicz, of Winnipeg, Ontario, Canada, in 1987. He called upon the Shelby Shop, now doing business as Legendary Motorcars, to restore the Shelby. It was then sold in 1996 to Mark Brosseau, of Quebec, prior to being purchased in 2001 by its current owner, a well-known car collector. In 2008, he participated in Tom Cotter’s Cobra Tour with 5S479, where the Mustang performed flawlessly. This pristine example, still fitted with its original engine, was sent back to Legendary Motorcars in 2006 for a drivetrain and undercarriage detailing and then to noted expert Curt Vogt, of Shelby Automotive of Wallingford, Connecticut, for an engine-out rebuild in 2009. The engine was blueprinted and balanced and has been driven less than 3,000 miles since.

It is a factory-ordered radio delete GT350 and is also equipped with an original and more desirable Shelby Cobra 16-inch wood steering wheel. In addition, it features a fiberglass hood with steel frame. This fully-documented Shelby, with known history from new, is ready to serve its new owner in racing and hill climb activities, as it has done dutifully in the past. Without a doubt, the late Carroll Shelby is a legend in automotive history, and what began in a small California shop has now become the benchmark by which all Mustangs are judged.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alexander Weaver

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more