Become a Member: Get Ad-Free Access to All Our Content

1969→1970 Shelby GT500 Convertible

Ever since the Cobra’s inception, Ford has always had a good relationship with Carol Shelby. By 1961, he was shipping in chassis from AC Cars from England, powering them with Ford 289 engines and dominating the Corvette on the track.

In 1965, Shelby turned to Ford’s popular Mustang. He stripped down version of the production car and added many performance modifications. Competing in the SCCA Production Group B class, the race-spec Shelby Mustang 350-R took many victories.

The 69-70 Shelby Mustang

The 1969-70 Shelby Mustang represents the evolution from both Shelby and Ford. By 1969, the production Ford Mustang was redesigned as a larger and more luxurious model. Many special models made available by Ford themselves which directly competed with previous Shelby upgrades. However, these cars did not stop Shelby from moving forward with his ’69 Mustang, but marked the end of Ford and Shelby’s cozy relationship.

Leading up the seventies, Shelby focused more on their road going conversions such as the 500GT. Production R-code Mustangs in from 1968 forward featured the new 428 Cobra Jet engine having 280hp. Along with the package came front disc brakes, a functional ram-air scoop which served as a good basis for the 1970 Shelby Mustang 500.

More than ever before, the 1969-70 Mustang featured comfort and convenience. Options such as an AM-FM stereo radio, tilt steering and Ford air conditioning were now available which were always deleted on the earlier 350 Mustangs. Interior appointments were very similar to the deluxe interiors delivered by Ford. Shelby installed a functional roll bar and a wood-rimmed steering wheel.

The car was powered by Ford’s Super Cobra Jet 428 V8 engine, geared through a C6 automatic transmission and a traction-Loc limited slip rear axle. The drag pack included this differential, an engine oil cooler and 427-type connecting rods.

Due to their heavier weight, seventies styling and lack of race program, the ’69 and ’70 Shelby Mustangs have been overshadowed by their earlier counterparts.

In Detail

type Professionally Tuned Car
production years 1969 – 1970
built at USA
production 335
price $ $ 5,027
engine Super Cobra jet V8
position Front Longitudinal
aspiration Natural
valvetrain Pushrod Actuated OHV, 2 Valves per Cyl
fuel feed Ram Air, Single Holley Four-Barrell 735cfm
displacement 7019 cc / 428.3 in³
bore 104.9 mm / 4.13 in
stroke 101.09 mm / 3.98 in
compression 10.6:1
power 249.8 kw / 335.0 bhp @ 3200 rpm
specific output 47.73 bhp per litre
bhp/weight 174.57 bhp per tonne
torque 596.56 nm / 440 ft lbs @ 3400 rpm
body / frame Unit Steel w/Fiberglass Hood, Front End
driven wheels RWD w/traction-Loc LSD
front tires Goodyear Super Wide-Oval E70X15
rear tires Goodyear Super Wide-Oval E70X15
front brakes Kelsey-Hayes Discs w/Power Assist
rear brakes Drums
steering Recirculating Ball w/Power Assist
f suspension A-Arms w/Coil Springs, Anti-Roll Bars, Adjustable Tube Shocks
r suspension Hotchkiss-Type Live Axle w/Leaf Springs, Adjustable tube Shocks
curb weight 1919 kg / 4230 lbs
wheelbase 2743 mm / 108.0 in
front track 1486 mm / 58.5 in
rear track 1486 mm / 58.5 in
length 4826 mm / 190 in
width 1826 mm / 71.9 in
height 1285 mm / 50.6 in
transmission 4-Speed Manual or 3-Speed C6 Auto
gear ratios 2.32:1, 1.69:1, 1.29:1, 1.00:1
final drive 3.50:1
0 – 60 mph ~6.0 seconds
0 – 100 mph ~14.0 seconds
0 – 1/4 mile ~17.0 seconds


Auction Sales History

1969 Shelby GT500 Convertible 9F03R481560 – sold for €89,600 Three owners from new; highly original “big block” Shelby. One of six built to this specification; the only example exported. Documented by the SAAC Shelby Registry. Diligently maintained by the owner regardless of cost. Includes its original owners’ manual.
Auction Source: 2015 Paris by RM Auctions

1969 Ford Shelby GT500 Convertible – sold for $95,000

Here before you is one of the rarest and highly optioned GT500 convertibles ever produced! There were only 9 convertibles finished in Black Jade, White interior and the 4-speed manual transmission. As listed in the Shelby registry 1991, this is an original 2 owner Shelby, exchanging hands only once back in 1979! Has been completely restored. Finished in its original and extremely rare color of Black Jade with black power soft top and white interior. 4-speed close ratio manual transmission and 3.50 traction-lok rear axle. Documentation for this GT500 includes copies of complete owner history, copy of original warranty card, copy of original production order, copy of build sheet. Deluxe and personal statistic Marti Reports. Extra keys.

Auction Source: The Daytime Auction in Monterey by Mecum


1969 Shelby GT 500 Convertible 9F03R481605 – sold for $130,000

This particular GT 500 Convertible, finished in orange with white stripes, a white convertible top and white upholstery, joined the O’Quinn collection in 2005. A beefy C-6 automatic transmission is mated to the Ram Air 428 Cobra Jet engine, and drivability is enhanced with power brakes, power steering and air conditioning. An AM/FM radio is available should you ever tire of the mechanical music from the exhaust outlets. With 89,500 miles indicated, this is an outstanding GT 500, and we encourage close inspection.

Auction Source: 2010 RM Automobiles of Amelia Island Auction