Car of the Month
Feb, 2007


Brian & Tammy Evans 1968 Shelby GT500KR Convertible

I thought I'd start this thing off with a little background info...my Mustang career dates back to 1980, a '67 Mustang Coupe and my first driver s license. Surprise, I'm not 29 years old! By college in the early/mid-80's, I had discovered at least four things: 1) that my first car wasn't just any ol' car; 2) that there were ownership clubs and a national monthly magazine dedicated to this car; 3) that college -
students learned to bounce quarters off of tables into glasses so that their buddies would have to drink beer; and 4) what a Shelby Mustang was. By the late 80's I had bought my second Mustang, a '67 GT Fastback (see Dec. '05 Pony Tales), been to my first car show, and began to secretly admire one particular breed of Shelby, the '68 GT500KR with the 428 Cobra Jet motor. Oh, and I was also married by then (important in case my wife reads this). In fact, on our honeymoon in '89, my wife and I end up spending
almost an entire day with a guy who parked in front of his business a tattered, faded acapulco blue 500KR convertible, complete with JCWhitney mag wheels and T-shirts fitted over the seats as seat covers (I can hear Foxworthy now, "You might be a redneck if..."). I think to myself, this is definitely the Mustang I'd like to own someday...well, hopefully one in a little better shape!

Around this time, prices started climbing rapidly for early convertibles, Mach 1's, Bosses and Shelby’s,
especially those models with big block power, unfortunately caused mostly by investors and speculators (not car lovers) reading auction results from Barrett-Jackson. Therefore, end of dream for young married guy to buy a Shelby, as even a project car is more than a house down payment at that time. However, I was blessed with a Shelby in 1994. but this model required daily feeding and changing of diapers!

Fast forwarding about fifteen years finds me back in the Vacaville/Fairfield area where I grew up. enjoying my family, church, friends, and even my career. I'm also fortunate to live near my parents, brother and sisters. So how and why did I finally acquire the car I had admired since 1989? There are probably two events which led me to start searching for it. The first is my job came with some
stock options several years back that had appreciated nicely, or rather very, very nicely! The second is seeing my sister lose her five year bravely fought battle against leukemia in 2004. which reminded me that life is precious, and any one of us could be hit by the proverbial bus tomorrow. Translation: you can save money for "someday" rather than buy something you've always wanted, but as I learned
after losing my sister, there are no guarantees that "someday" will ever come. So the decision was made and after looking for six months we located and bought our car down in Southern CA in April 2005, a couple months after I joined (GHMC. As I approach the two year anniversary of owning this car, there have been no regrets, and I have found that after two nice-weather seasons most of the
enjoyment comes from driving the car, not staring at it collecting dust in some warehouse!


One particular highlight so far was meeting Carroll Shelby at the Shelby Club's annual convention (SAAC-30) in July '05 down at the California Speedway. And no I didn't drive our car there, I simply took the dash panel off the car and brought it with me for him to sign. While I believe in driving ther car as mentioned above, a road trip to LA is stretching it! After introducing my daughter Shelby to him, he lit up like a Christmas tree, having a brief conversation with us, and giving us his business card for her to take to school, "please send me a school picture." Even though this very scenario has probably happened hundreds if not a thousand times, I think he is genuinely touched each time he meets one of many “Shelby’s” out there.

 

Some facts about the '68 Shelby:
The 1968 Shelbys were marketed as "Shelby Cobras" (as distinguished from '67 Shelby Mustangs), as the name appears on the steering wheel center emblem, seat belt push buttons, wheel center caps as well as the owners manual and all print advertising material. Carroll Shelby had ceased production of the 2 seat Cobra roadsters (let's be honest...the "real" Cobras) in 1966 and wanted to keep the Cobra
name on people's minds for a possible re-instatement for the 1969 model year. However, Ford (and the bean-counters of course) wanted no part of that as the horsepower/cubic inch wars of the late 60's were winding down between the Big Three auto makers so these plans were abandoned.

There were 4,451 Shelbys produced for 1968 (out of 317,404 total '68 Mustards) which was the high-point of the 1965 - 1970 Shelby production run. The 4,451 was almost evenly split between GT350's (32%), 6T500's (33%) and the GT500KR (35%). For the first 28 years or so', it was thought that there were only 933 KR Fastbacks and 318 KR Convertibles which would represent 28% of the total. However, about ten years ago actual copies of Shelby American factory sales or shipping invoices for every '65 - '70 Shelby car made were discovered by Carroll in a filing cabinet in an attic and promptly turned over to the Shelby Club (SAAC). While the grand total for each year was correct, lots of debated issues such as the number of prototypes and unit counts for each model within each year were cleared up once and for all. From this it was learned that there were actually 1,053 KR Fastbacks (8T02Rxxxxxx) and 518 KR Convertibles (8T03Rxxxxxx).

The GT500KR was a mid -year replacement for the GT500, and coincided with Ford's April 1968 release of their new R-code 428 Cobra Jet engine available in the regular Mustang line (mostly Fas+backs). This engine was fitted with 427 low-riser heads with larger valves and combustion chambers, a high nodular cast iron crankshaft, dished pistons, and stronger connecting rods. All 428CJ cars (both Shelby KR's and Mustangs) also received special engine comportment bracing, wider rear brake drums and shoes and staggered rear shocks for four-speed cars.

Where did the "KR" come from? There was a rumor in the automotive world that GM was going to market a 1969 big-block Corvette (some books say Camaro. Carroll says it was a Corvette) as the "King of the Road." After Carroll had his lawyer verify that it hadn't yet been registered, he promptly ordered it copyrighted ("and I mean by 5:00 today!") thereby stealing it away from GM and their layers of bureaucracy. He found great pleasure in his simple little company, Shelby American, sticking it to the big corporate giant!

For those of you into music, 1968 saw Roger Miller score a Top-40 radio hit titled "King of the Road." Talk about some free advertising...I'm sure Ford dealerships wore their 8-Track players out whenever they had a KR in the showroom. However. Ford and Shelby had nothing to do with the song, its author or the timing of its release to the public...just another example of Shelby s magic/luck/great timing! (pick one).

Some facts about our car:
Per one previous owner I've tracked down so far, this car had sat in a barn for several years before being "discovered" in a barbershop conversation. The lucky customer (sporting the fresh haircut) immediately sent it to KAR Mustang out of Columbus, OH where the restoration was completed in 1994 at just under 42,000 miles; only 800 miles have been added in the last 11 years at the time I bought it. The seat upholstery, however, is original (38 years old), which is not really a surprise given that many of the previous owners didn't drive the car, and sadly for some of them, not even a single mile! It has the original 428 Cobra Jet engine with the C6 automatic transmission. For those of you into the "stats", the breakdown of automatics vs. four-speed transmissions was 45% / 55% (per Marti Report for KR convertibles).

One unusual item about our car is that it has the 428 Cobra Jet fender emblem on the passenger side dash rather than the "proper" emblem. I was going to replace it until I found a Nov. 1981 Mustang Monthly article by Rick Kopec of SAAC which states that "...KR's have a 428CJ emblem on the dash." My thought is that if the assembly line bin was empty when several cars rolled by they probably substituted the fender emblem, so if mine was made that way I'm keeping it that way! Some of the projects or "re-restoration" I've done to the car include: having the convertible top motor rebuilt; having the seat belts professionally refinished by Snake-Oyl Products; installing the proper speckled burtex trunk mat; and replacing all ra-diator and heater hoses and clamps with the proper date-coded ones.

Future projects include having the carburetor professionally rebuilt by Pony Carburetors; troubleshooting the vacuum system on the tilt-away steering; eliminating the play in the steering wheel (steering box rebuild?); cleaning up surface rust on the exhaust system (caused by too much sitting/not enough driving!); and replacing the entire emergency brake cable system, which I believe somehow causes the rear brakes to occasionally grab just enough to heat up hot enough to fry an egg or your misplaced finger! I'd also like to do a DMV title search to try and locate as many former owners as possible (does anyone have any tips on how to actually do this?)


Well I hope you have enjoyed my story, and I very much appreciate all of thekind words and compliments I receive on the Shelby; however, I do always try to remind people...it is just a car! Believe me, I would rather have my sister back.