Any early Ford Mustang Shelby is notable these days, and typically also very valuable. But in reality, like every other model ever produced, some Shelby Mustangs are rarer and more valuable than others. One that we don’t see very often is the 1970 Shelby GT500 Fastback, which was produced in rather scant numbers – just 380, in fact. And this Acapulco Blue example we spotted over at Mecum Auctions might be the nicest of the bunch, too.
This particular Shelby was delivered new to Johnny Bolton Ford in Orlando, Florida, and has remained in the Sunshine State ever since. But with just over 57k miles on the clock, it obviously hasn’t been driven a lot over the last several decades. Regardless, its previous owners thankfully left the car as-is, and it’s a truly amazing example of its breed today.
That starts with the matching-numbers drivetrain, which consists of a Ford 428 cubic-inch Cobra Jet V8 that’s factory (under)rated at 335 horsepower. That large engine is backed up by FoMoCo’s C6 automatic transmission, which sends copious amounts of power to the rear wheels.
By 1970, most Shelby Mustangs weren’t just high performance machines – they were also packed with creature comforts. And this GT500 Fastback is no exception, with a host of amenities including power steering, power brakes with front discs, air conditioning, tilt steering, deluxe seat belts, and a sport deck rear seat. This particular car is also equipped with a front spoiler and 15 inch Shelby five-spoke wheels.
Today, the 1969 and 1970 Shelby Mustangs remain somewhat in the shadow of the earlier cars, mostly thanks to the at-the-time tattered relationship between Carroll Shelby and Ford, their heavier weight, and lack of a racing program.
Regardless, there’s no denying these are highly attractive, capable, and inherently cool cars worthy of our attention. And that’s undoubtedly true when it comes to this rare blue beauty.