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Lot 212

1965 Shelby GT350 R

  • Chassis no. SFM 5R108

Sold for $770,000

Est. 325 hp, 289 cu in V-8 engine, four-speed manual transmission, independent front suspension with coil springs, live axle rear suspension with leaf springs, and front disc and rear drum brakes. Wheelbase: 108 in.

  • The 1966 SCCA Southwest Division and 1967 B-Production class champion
  • First in Class at the 1967 12 Hours of Sebring
  • An early production example; one of only 36 examples built
  • Retuned to its 1967 AARC racing livery; eligible for historic racing events

What would become SFM 5R108 arrived at Shelby’s facilities in Los Angeles on December 18, 1964, in the form of a fastback “K-Code” Mustang. According to the SAAC Shelby Registry, work began on the Mustang on March 1, 1965, and it would take over six months to convert it into one of the 36 GT350 Rs. In August of that year, it was shipped to Dearborn to be tested by Ford, under the care of Bill Humphries, and then, a week and a half later, it returned to Southern California. This car was the last R-Model to be finished during the first round of production, and once it was fully complete, it was shipped to Gene Hamon Ford, on September 22, 1965.


In February 1966, at the Southern Polar Prix at Green Valley Raceway in Smithfield, Texas, 5R108 took to the track with noted grand prix and sports car racer Pedro Rodriguez behind the wheel, and there, it went up against Jerry Titus in the factory prototype GT350 R, chassis 5R002. As noted in the SAAC Shelby Registry, Bill Steele was supposed to drive for Gene Hamon but refused, stating that he was intimidated by the car. Hamon asked Rodriguez if he could handle the car, and “Rodriguez replied in broken English, ‘Si, I win,’” and sure enough, he did. Rodriguez handedly trounced Titus and the factory prototype, even finishing in front of a competition-spec 289 Cobra driven by Al Goldman, proving not only Rodriguez’s skill behind the wheel but also the ferocity of the GT350 R in the hands of a skilled driver.

Chassis 5R108 was purchased from Gene Hamon Ford by noted racing driver Freddy van Buren, of Mexico City, Mexico, who immediately got to work preparing the Shelby for track use. Fittingly, van Buren decided to have the car finished in Mexican racing livery, and as such, the original Shelby white and blue stripes were replaced with red, white, and green stripes that went down the center of its body. With van Buren behind the wheel, the GT350 R handedly won the SCCA Southwest Division title in 1966, after racing at San Antonio, Smithfield, Galveston, Baton Rouge, Austin and Wichita. Furthermore, van Buren finished 3rd in the AARC races at Riverside that same year.

For the first outing of the 1967 season, the daunting 24 Hours of Daytona, van Buren was joined behind the wheel by Paul Jett and Don Pike. Unfortunately, the trio was forced to retire after 313 laps and 14.5 hours into the race due to a blown engine. At that time, 5R108 was running an impressive 7th overall and 1st in class. Van Buren was looking for a better result at the 12 Hours of Sebring the following month, and the GT350 R did not disappoint. With van Buren behind the wheel, 5R108 went on to finish 16th overall and win its class, which was a spectacular result for a privately entered customer car in a very hotly contested race. The Shelby competed once again in SCCA competition, at many of the same venues it ran in 1966, and it would go on to take the 1967 B-Production Championship at Daytona in the SCCA run-offs.

As a result of its successful 1966 and 1967 seasons, SFM 5R108 saw lots of press, being featured in Car & Driver’s racing annual for 1968 and appearing in ads for Champion Spark Plugs and Amaline oil in Sportscar magazine. The car passed through Donald Hallmark, of Houston, Texas, before being sold to Sidney Finkel, of Pittsburgh. Finkel continued to race the car, campaigning it at Marlboro in 1968 and 1969 and Cumberland in 1971. It was raced once more by Finkel in 1972. Additionally, the car was also driven by John Norris, Finkel’s associate and mechanic, in 1971, and it was also driven twice by Walter G. Hannig during this time. Norris finished in 4th place in the Northeast Division of the SCCA in 1971. Following an invitation to the ARRC at Road Atlanta as an alternate, this would mark the end of SFM 5R108’s period racing career.


In 1972, the Shelby was put into storage by Finkel, and it remained there for the next 10 years, until it was discovered and subsequently purchased by Bill Maney and Lee Wilmot, of Fayetteville and Roswell, Georgia. In their custody, the car was restored to its 1967 championship-winning appearance and distinctive Mexican livery prior to SAAC-8 at Dearborn in July 1983, where it was run up to speed at Ford’s proving grounds. Afterwards, the GT350 R was purchased by Fernando Lozano, of Jamul, California, who used the car in vintage racing events in his native California over the next few years.

Lozano sold SFM 5R108 to Richard Rothenberger, of Mohrsville, Pennsylvania, who also continued to vintage race the car, primarily at events at Pocono Raceway and Watkins Glen in 1989 and 1990. The Shelby would return to California, where it would pass through two subsequent owners before being purchased by a gentleman in England. This European owner had the car’s 289-cubic inch engine rebuilt to FIA specifications and campaigned it at a number of European tracks, including Castle Combe, Silverstone, Oulton Park, and Spa-Francorchamps.

Off the track, this Shelby-Ford Mustang has been featured in a number of publications, including Vintage Racecar, Autocollezioni, and Classic Cars. Additionally, it was also driven by Alain de Cadenet in the “Ford Muscle” episode of the Victory by Design series. After its stint in England, 5R108 returned to California, and in 2011, it was purchased for the Andrews Collection.

Today, the GT350 R is a favorite of historic racers, as it combines reliability with American muscle, which makes for a highly competent race car. Chassis SFM 5R108’s incredible period racing history, which includes a class win at Sebring and two championship-winning seasons, makes it one of the most desirable Shelby Mustangs in existence. It begs to be returned to the track with is next owner, and there is no doubt that its unique history and period-correct livery will always be a topic of conversation wherever it goes.

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

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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

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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

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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

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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

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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

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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

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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

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

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

Michael Squire

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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

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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

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

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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

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