Home / Business / ‘Little Red’ 1967 Ford Mustang Shelby GT500 found after 50 years, could be value millions

‘Little Red’ 1967 Ford Mustang Shelby GT500 found after 50 years, could be value millions


 (Craig Jackson)

Seek and ye shall find. Eventually.

A mythological Ford Mustang that many suspicion was damaged 50 years ago has been detected rotting divided in a Texas field. And it could be value millions.

Affectionately called Little Red, a 1967 indication was an initial automobile that Ford loaned to Carrol Shelby to use as a exam bed for a growth of opening parts. Little Red and a after car, unofficially famous as a Green Hornet, were a usually dual Shelby GT 500 notchback coupes of their era, any sporting a snazzy vinyl roof.

Shelby’s organisation tinkered with a cars, perplexing out opposite physique parts, engines and transmissions. Little Red was essentially configured with a supercharged 428 V8 and 3-speed involuntary transmission, while a Green Hornet was propitious with a antecedent eccentric behind cessation that never finished it into production, though stays on a automobile today.


Bidding for a Green Hornet reached $1.9 million during a 2013 auction.


Little Red finished an coming during a Ford preview eventuality in Los Angeles, where it desirous a origination of a initial California Special Mustang, that aped a styling, if not performance. Shelby eventually sent a cars behind to Ford for a date with a crusher, as was customary use for antecedent cars, though they both stood it up.


Little Red seemed during several promotional events.

 (Martin L. Schorr)

The Green Hornet showed adult during a Ford worker auction in 1971 and was resold several times until it finished adult in a garage of Barrett-Jackson Auction House CEO, Craig Jackson, about 15 years ago. Little Red only disappeared.

A half-century of unsuccessful attempts to find it seemed to behind adult a prevalent perspective that it had been crushed. But like any good mystery, all that was blank was a right pivotal to clear it. Then Jackson got his hands on it.

Jackson and classical automobile dilettante Jason Billups were doing investigate on a Green Hornet recently and found an register piece from Ford inventory a VIN along with those of some other cars. It dawned on Billups that everybody who’d been looking by annals for Little Red were regulating a Shelby-issued sequence number, rather than a strange Ford VIN, that they now had.


 (Kevin Marti)

And only like that, they found it. It was purebred in Texas, where they connected with a stream owners this past Feb — and a rest of a story unfolded.

Jackson told Fox News that Little Red, naturally-aspirated again, was sent to Courtesy Ford in Littleton, Colo., where a bleeding Vietnam oldster motionless to provide himself, not meaningful a automobile he was about to buy was any some-more special than a other Shelbys on a lot. After pushing it for a integrate of years he afterwards sole to a male who lived in Wyoming during a time.

The second owners after changed to Texas and had it put divided in a storage enclosure that got damaged into, a burglar holding a few tools from a car, that was no longer in using condition.

After that, he brought it to his cousin’s residence in Weatherford, Texas, and left it in his yard among a garland of other aged cars, where it was sitting when Jackson and his group arrived.


 (Craig Jackson)

Along with Billups, he’d brought along eminent Mustang consultant Kevin Marti to substantiate a find. Marti final year reliable that a Mustang bombard that had been sitting in a Mexican junkyard for years was one of a attempt cars used in a Steve McQueen film “Bullitt.”

This one wasn’t in most improved shape. The engine and delivery are out, a front fenders and hood are missing, and you’d never give it a second demeanour if not for a Shelby badge on a roof pillar.

The owners told Jackson he had a camber that it competence be Little Red about 25 years ago, though when he reached out to a folks during Shelby, they gave him a crusher story. Confident that it was a genuine deal, Jackson pronounced a owners sole it to him for a satisfactory cost and was blissful to be a partial of what’s to come.

Jackson wants to move it behind to life in as tighten to a ideal condition as possible. Of course, he’s not unequivocally unequivocally certain what that is, given it morphed many times while Ford and Shelby were operative with it. So he’s launching a website to request a work and crowdsource information from anyone who has any.

“If your father worked for Ford or Shelby, speak to them. Or demeanour in your closet and see if we have any aged cinema of it. Anything competence help,” he said.

One spirit he already has is a participation of dual fuel pumps, that supports a gossip that it was twin-supercharged during one time.

As for a rest, a work will expected be a yearslong plan that Marti thinks will rewrite Mustang history.

Jackson didn’t contend what he designed to do with it when a done, though he did put Green Hornet adult for auction in 2013 and a behest got as high as $1.9 million, that wasn’t adequate to accommodate a reserve.

Don’t design him to offer a bonus for a pair.

Gary Gastelu is FoxNews.com’s Automotive Editor.

Article source: http://www.foxnews.com/auto/2018/08/17/little-red-1967-ford-mustang-shelby-gt500-found-after-50-years-could-be-worth-millions.html