Asking Price: $287,995 Questions

1968 Ford Mustang Shelby GT500KR Convertible

1 of 1 Marti-Documented Build | 428ci Cobra Jet V8 | 5 Miles Since Restoration | Acapulco Blue over Black | White Vinyl Top | Never Judged or Shown

Lot # 7885
Location Homer Glen, IL 60491
Seller Dealer
71024
428 Cobra Jet V8
3-Speed Automatic
Acapulco Blue
Black
8T03R21321603941
Asking Price: $287,995 Questions

1968 Ford Mustang GT500KR Convertible

Feast your eyes on one of the most extraordinary Shelby Mustangs you will ever have the chance to own—an immaculate 1968 Ford Mustang GT500KR Convertible finished in a stunning coat of Acapulco Blue over a handsome black interior, crowned by a crisp white vinyl top. The “KR”—King of the Road—represents the absolute pinnacle of the 1968 Shelby lineup, and this Marti-documented example is a genuine 1 of 1 in its exact configuration. Meticulously restored beginning in the mid-1990s and completed in the early 2000s, this Mustang has traveled only about 5 miles since—about as close as you’ll ever get to a factory-new ’68 GT500KR. Never judged, never shown, and stunningly clean throughout, this is a museum-grade opportunity for the discerning collector.

Engine & Transmission

  • Mighty 428ci Cobra Jet V8—the powerplant that defined the King of the Road
  • Factory-rated at 335 horsepower, though independent period testing placed the real figure closer to 400–425 HP
  • A classic case of factory under-rating for insurance purposes—true muscle beneath the hood
  • Recent tune-up has this Cobra Jet running like a top and ready to fire on demand
  • An underside at least as clean as the top, reflecting the care poured into every detail

Exterior

  • Smooth, glossy Acapulco Blue paint with genuine head-turning presence
  • Crisp white vinyl convertible top for classic open-air Shelby style
  • Power convertible top for effortless, top-down enjoyment
  • Lightweight fiberglass hood and trunk lid—correct KR-package features
  • Purposeful hood pins for authentic performance-car detailing
  • Handsome alloy wheels wrapped in radial tires
  • Original steel wheels and correct hub caps included—preserving factory authenticity

Interior & Features

  • Sharp black vinyl interior with supportive bucket seats
  • Factory tachometer and a period-correct 140 mph speedometer—hallmarks of the KR package
  • Roll bar and strut tower brace for the genuine King of the Road build
  • Power steering and power front disc brakes for confident, comfortable driving
  • Heater/defroster for year-round usability
  • Heavy-duty suspension delivering the planted, athletic feel this car was built for

Additional Info

  • A genuine 1 of 1 configuration—verified by the included Marti report
  • Only deviation from factory spec is the alloy wheels, with original steel wheels and hub caps included
  • Restoration started mid-1990s and completed early 2000s, with just 5 miles since
  • Never judged, never shown—a fresh opportunity for the next steward
  • Heavily documented, offering invaluable provenance for the collector who values authenticity
  • Equally at home as the centerpiece of a serious collection or the cornerstone of a new one

–

Instant Shipping Quote
ASAP Transport Solutions

Get this vehicle shipped to your driveway. Enter your destination zip code below:

Finance this Vehicle
Collector Car Lending Solutions

Financing is available for all auction vehicles!

More Info
Sell with ACC

- Set your own reserve
- Go Live in DAYS
- Keep 100% of the Sale Price

Please Login or Create an Account to make an offer.
  • wkvasnicka says:

    If you know, how are the fender emblems attached to the woodgrain console?

    • Survivor Nic says:

      Hello, thank you for your question!
      As best as I am able to tell they are held on with some sort of glue or epoxy. I am unable to determine if there are mounting holes in the console or not.

  • WS_Stroppe says:

    Appears the tach is not functioning? Any other items not functional?

    • Survivor Nic says:

      The only known non-functionals are the tachometer, as you mentioned, there is no radio installed, and the clock. All other equipment tested in working condition when the vehicle arrived.

  • skylane9 says:

    Non matching engine and transmission? You don’t speak of originality, what is not original and what is not factory correct?

    • Survivor Nic says:

      Hello and thank you for your question! in 1968 not all cars had a partial VIN stamp. Ford started to introduce this practice, but it did not affect all cars for this model year. Everything on the car appears to be date-code correct, which is about as close as you can get. The date-correct carb has been replaced with a similar Holley for drivability, but is included with the sale. The Marti report shows this as originally having a black convertible top, but it currently has a white convertible top. Outside of those two items, every aspect of the car is believed to be as correct as possible to the original build.

    • wkvasnicka says:

      I will bid on this car knowing that the items you mentioned will have to be corrected. Does the tilt away wheel work correctly? Is the engine tag on the coil bracket? I also have noted for show purposes the tires would have to be replaced with the original type, shocks should be blue, air cleaner decal would have to be removed and the rubber seal added, caution fan decal must be removed, missing one trunk decal, needs Autolite battery cover and inner console lens replaced which may be impossible to find. Except for the lens I can remedy the rest. Thank you for your reply

  • >
    1