SOLD 03/23

1965 Shelby
GT 350

Exceedingly correct early production 2-digit GT 350 with matching numbers. 16" wheel, trunk mounted battery, impeccable restoration and attention to detail.

  • VINSFM5S090
  • Exterior ColorWhite
  • Interior ColorBlack
  • Mileage49098 Miles (TMU)
  • Engine289ci V-8
  • Engine no.5R09K****** (matching, contact us)
  • Transmission4-speed manual
  • StatusSold
  • StockFJ2692


1965 Shelby GT350 Mustang
s/n SFM5S090, Engine no. 5R09K****** (matching, contact us)
Wimbledon White with Guardsman Blue LeMans Stripes

More than fifty years ago Carroll Shelby packed the potent 289/271 hp engine and key suspension changes into a Mustang fastback and built the now legendary Shelby GT 350. Bolstered by Ford racing dollars and track support, the capable GT 350 could compete against higher-priced sports cars, besting Jaguars, Ferraris, and Corvettes through the corners or down the backstretch.

As the inaugural offering, the 1965 model was built to meet the minimum homologation efforts for SCCA racing. Although eventually 521 1965 GT350s would be built that year, the San Jose Ford plant constructed and delivered the first shipment of 100 cars to the Shelby American Inc., Venice, CA assembly plant, all of which were painted Wimbledon White and trimmed with black interior. The first of these 100 cars, now referred to as “Double Digit” cars, are distinguished by their serial number signifying construction within that first production sequence. Double-digit cars feature details unique to early series production models developed specifically for the 1965 model year including items such as a rear mounted battery, converted rear seating area to a lighter weight storage platform, relocation of the spare tire atop the storage platform, a 16” Shelby Cobra steering wheel, Koni adjustable shock absorbers front and rear, anti-tramp bars fitted above the rear axle, cables to limit rear axle travel, a prop shaft safety loop, aircraft style 3” safety belts, and an Autolite battery (rear mounted in early versions).

Authenticated by numerous copies of original Shelby American documents including the handwritten invoice to Harr Motor Company, Worchester, MA, Customer File Invoice, and Delivery Receipt, this Shelby GT350, SFM5S090 is a documented double-digit example built within the first 100 cars. Shelby American invoice number “A 129” dated April 15, 1965, indicates the car was delivered to Harr Motor Company outfitted with “Special Alloy Wheels”. Additional documents include service invoices for exhaust repairs and a customer credit memo. Documents on file with the car include correspondences with Shelby expert Howard Pardee, a Shelby Serial Number Verification letter from Pardee verifying the numbers for this car, and correspondences from former owners regarding the history of this car.

Over the 50+ years of careful ownership, various owners have researched the car and taken great care to preserve the original matching numbers drivetrain and key Shelby features. Restored over 20 years ago by a marque expert, this early production GT 350 is one of the most desirable examples in existence today, complete with the shelf mounted spare tire, trunk mounted battery, and spring-delete fiberglass hood with front mounted retaining pins. While under comprehensive restoration NOS parts were extensively used including correctly dated Shelby and HiPo parts closely following MCA and SAAC Concours Standards. Notable details include trunk-mounted Autolite battery, blueprinted original matching numbers engine, T-10 M aluminum transmission, 3.89 Detroit Locker rear end, and numerous other parts vital to authentic Shelby cars of this early period.

According to a former owner, this car was purchased by the third owner, Jim Cowles, a highly respected restoration expert located in Milwaukee, WI. Cowles purchased the car from the second owner, a Ford engineer from Detroit. The first owner was on the East Coast and had started the restoration but did not finish, selling it to the Ford engineer. Cowles purchased the car from the Ford engineer and performed the nut and bolt restoration still representing the condition today. The fourth owner retained the car for a few years keeping miles to a minimum, then selling it to the fifth owner. The current owner is believed to be the sixth owner of record. Under current ownership, December 12, 2022, this Shelby was recently serviced by Shelby experts at Mostly Mustangs, Oakland, CA. The head gaskets were replaced, cylinder heads resurfaced, exhaust valves installed with hardened seats, rocker arms adjusted, new cylinder head bolts installed, gear shift linkage lubricated, new axle seals installed, rear end fluid inspected, oil changed, and two bulbs replaced.

Today this Shelby GT 350 presents in excellent overall condition. The Wimbledon White paint is glossy and properly prepared, reflective of period correct factory finishes. The Guardsman blue metallic body stripes are correctly applied with correct metal flake and smooth coverage. The stripe width and proper matching rocker panel stripes are correctly done as well. The hood and doors display excellent panel gaps and proper fitting to the body panels, with a slightly larger gap visible on the driver’s side of the trunk lid. The exterior chrome and various polished trim, emblems, and badges are all in excellent condition, having been properly finished per original specifications. The glass, lenses, and lighting have very nice factory finishes overall with correct factory markings. The rare CS aluminum wheels are in exceptional condition with correctly polished surfaces, showing no significant scratches or marks and correctly finished satin cast recessed areas, capped in the center with CS emblem chrome plated hubs. A correct set of GoodYear Blue Dot series 7.75 – 15 tubeless tires are installed. The car is outfitted with correct side exit exhaust, a feature unique to 1965 models.

The interior features all correct components, proper materials, and attention to detail including the instrument panels, contoured Shelby tach and oil pressure binnacle, a beautiful dash pad, very nicely finished instruments, and authentic pleated door panels. The glovebox door has been signed by Carroll Shelby. The interior is finished off with low pile carpeting, a set of Cobra floor mats, and wide Ray Brown racing seat belts draped over the bucket seats. Of note, the extremely rare and original 16” wood rimmed Shelby steering wheel is in excellent condition including the center emblem which houses the COBRA name and insignia.

Under the rare all fiberglass porthole Shelby hood, the original matching numbers 289/271 HiPo engine possesses all the proper components including raised COBRA lettered valve covers and date coded parts. The painted finishes throughout the engine compartment are correct including correct engine hardware, hose clamps, hoses, and wiring. The finish overall is beautifully done and properly presented without overdone polish beyond the original style castings and satin paints used when originally delivered to the first fortunate owner.

Underneath the car, the stamped factory steel floor pan and welds appear to be factory correct. Correctly displaying red oxide primer throughout the floor pan, all features appear correct and in excellent visual condition. The larger capacity cast aluminum COBRA oil pan is in excellent condition, as is the casting for the T10 transmission, correct leaf springs, and small chamber mufflers fitted to dual side-exit exhaust pipes.

The car starts easily and settles into a potent and familiar HiPo V8 idle that delivers a snappy sound from the side exit exhaust. Acceleration is brisk and rewarding with progressive power as the engine winds into the higher revs and the potent stock Hi-Po 289 delivers that unique combination of performance and durability. SFM5S090 is very nicely sorted, delivers confident handling, great braking from the combined front disc/rear drum set up, and a composed, solid ride at freeway speeds.

This Shelby is accompanied by a Shelby GT350 owner’s manual, 1965 Mustang owner’s manual, various vintage publications featuring the GT 350, spare keys, scissor jack and tire changing tools, and a car cover.

The above vehicle information is complete and accurate to the best of our knowledge at the time it is posted to this website. Corrections or additional information is always appreciated. All advertised prices exclude government fees and taxes, any finance charges, any dealer document preparation charge, and any emission testing charge. Vehicles are subject to prior sale. All advertised to be true but not guaranteed. We assume no liability for errors or omissions.

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Fantasy Junction  •  510-653-7555  •  1145 Park Ave, Emeryville, CA 94608