Shelby GT350: Why a 1965 Mustang Sold for $4 Million

In January 2022, a 1965 Shelby GT350R prototype sold for $4,070,000, the most money ever paid for a Mustang. This is the story of the Shelby GT350, the white Mustang with two blue stripes and no back seat. We cover how Ford turned to Carroll Shelby to make the Mustang a race winner, what Shelby changed in the car, how many were built, and why the original GT350 ended after only five model years. You will also hear about Ken Miles, the Hertz Rent-A-Racer, and the real story behind the name GT350. What you will learn: How Lee Iacocca and Carroll Shelby started the GT350 What the 350 in GT350 actually stands for How Shelby turned a 271 hp Mustang into a 306 hp racer Why the GT350R prototype sold for $4.07 million How Hertz put about 1,000 GT350s in rental fleets Why Shelby ended his agreement with Ford in 1969 Subscribe to When America Built It for more stories of the cars, companies and factories that made this country what it was. Sources: Wikipedia, Fox News, Ford Authority, Old Cars Weekly, Hagerty, Jalopnik. #ShelbyGT350 #CarrollShelby #ClassicMustang