Posted on 08/18/2018 5:08:24 AM PDT by SkyPilot
Seek and ye shall find. Eventually.
A legendary Ford Mustang that many thought was destroyed 50 years ago has been discovered rotting away in a Texas field. And it could be worth millions.
Affectionately called Little Red, the 1967 model was an experimental car that Ford loaned to Carrol Shelby to use as a test bed for the development of performance parts. Little Red and a later car, unofficially known as the Green Hornet, were the only two Shelby GT 500 notchback coupes of their era, each sporting a snazzy vinyl roof.
Shelby’s crew tinkered with the cars, trying out different body parts, engines and transmissions. Little Red was primarily configured with a supercharged 428 V8 and 3-speed automatic transmission, while the Green Hornet was fitted with a prototype independent rear suspension that never made it into production, but remains on the car today.
Little Red made an appearance at a Ford preview event in Los Angeles, where it inspired the creation of the first California Special Mustang, which aped its styling, if not performance. Shelby eventually sent the cars back to Ford for a date with the crusher, as was standard practice for prototype cars, but they both stood it up.
![](http://a57.foxnews.com/images.foxnews.com/content/fox-news/auto/2018/08/17/little-red-1967-ford-mustang-shelby-gt500-found-after-50-years-could-be-worth-millions/_jcr_content/article-text/article-par-5/inline_spotlight_ima/image.img.jpg/612/344/1534538532028.jpg?ve=1&tl=1")
The Green Hornet showed up at a Ford employee auction in 1971 and was resold several times until it ended up in the garage of Barrett-Jackson Auction House CEO, Craig Jackson, about 15 years ago. Little Red just disappeared.
A half-century of failed attempts to find it seemed to back up the prevailing view that it had been crushed. But like any good mystery, all that was missing was the right key to unlock it. Then Jackson got his hands on it.
(Excerpt) Read more at foxnews.com ...
I have run into people with nice classic vehicles that they let go to pieces and will not sell unless they get some absurd price.
The only thing they can really do is restore it to the original build sheet. Anything other than that is speculation unless they can have verified records from Shelby. If Carroll Shelby was still alive then he could attest to some configuration or other.
Right now it looks like junk but Jackson has access to serious cash and the top restoration people in the country. Time is money for him...
Shelby put real meaning into
First
On
Race
Day
I always thought it was:
Found
On
Road
Dead
;-)
This is ha prevents me from buying one...
If you use percent it will work on every device. For instance height=”60%” . . .
A/C saps horsepower
Turn it off! LOL. I want the option! How many old men( most owners I see anyway ) actually drag race anyway. They drive them on weekends ....
Don’t tell that to folks who bought and held Porsches from the ‘50’s, ‘60’s, ‘70’s, and ‘80’s. They might laugh at you.
LOL! Exactly.
My best friend in high school had a 1965 yellow Mustang convertible. It had a white top. We had a blast in it for years and then her dad (a car salesman) sold it and bought her a purple Challenger. Must’ve been a 71 or so.
There is always a classic jeep.
I’ve about given up on getting the ac on my K5 Blazer working. It’ll probably come off.
As one gets older you can go one of two ways: You start to hoard and clutch on to material things or you start ditching/selling everything and unburdening yourself. I think I fall in the latter category. It’s all junk in the end.
Cosby’s “200 m.p.h.” bit where Carroll Shelby presents him with a Cobra Mustang while lecturing him about driving foreign cars was a real hoot. I thought it was fiction.
All the technicians in the sketch were named “Bob”.
I’m addicted to AC too.
As a farm kid, I used to have a good heat tolerance.
I say the same thing about tractors. My Dad’s 4020 John Deere still goes strong at 49 years. Granted it does not get used every day. However, the ones today plastic and computer and expensive, we won’t even see them in 25 years.
I’ve noticed some restored Pontiacs seem to have A/C.
It's a good illustration that what was once valued is now potentially wasted.
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