Finding the Right Starting Point for Our Vintage Race Build | Project Vintage Race Mustang

Update by Tim Suddard to the Ford Mustang Fastback project car
Jan 17, 2021

While perusing the RM Sotheby’s auction lots for their recent Auburn sale, we were dumbfounded when we spotted a 1965 Shelby GT350R replica on the list. The auction estimate was set at just $11,000-$14,000 as the car was a roller, missing the engine, transmission, front valence and some of the front suspension components.

On the plus side, the car had the plexiglass, GT350R-style rear window plus a very nice interior that featured a period-correct roll bar–perhaps a good basis for a roll cage.

The car was painted plenty good enough for a race car and looked almost exactly like a 1965 Shelby GT350R. Who wouldn’t want to race that? You could picture yourself as Jerry Titus, Mark Donohue or Bob Bondurant?

We sent the auction details up to Cobra Automotive’s Curt Vogt, our partner on our quest to build a Mustang vintage racer, who looked over the car and declared that this would be the perfect place to start.

He told us again that any early Mustang Fastback was worth an easy $10,000 while that much alone would be needed to duplicate the paint work. Then the car’s GT350R steering wheel, gauges and fancy seats would make good eBay fodder that we could use to offset the price of the parts we would need to prep the car for track.

Knowing the estimate was too low, we set in a maximum bid of $18,000 and ended up buying the car for $17,000. While you might think this is a bit much for a roller, remember that it was already painted and ready for the race prep work. Rather than ship the car here to Florida, we asked Reliable Carriers to just ship the car to Cobra Automotive’s Connecticut shop where we would begin the build.

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View comments on the GRM forums
Tom1200 SuperDork
1/13/21 3:23 p.m.

17K seems like a solid deal, although in my world I'd screech if I spent more than 10K on a finished race car, this is what things cost and the car "looks" rust free.

Looking forward to see what the final tally is.

Mr_Asa UltraDork
1/13/21 3:31 p.m.

Those seats are sexy.  You sell them off yet?

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