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New Owner of a 68 Shelby GT 500 KR


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#1 OFFLINE   Jimmy Sugan

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Posted 09 March 2011 - 04:07 PM

My dad handed his 68 Shelby GT500KR down to me and brother last Thursday!!! :happy feet: With only 23865 miles! Here is some history of the car. He bought it Dec 16 1968, for ONLY $4850.28. The car has always been garaged kept . Does not have the original motor. Back in 68 his plans were to race the car. So 2 weeks after he purchased the car he pulled the 428 sold it and replaced it with a 427. I know some will not like that. Blew the 427 up in the 80s and put a 390 in to get it in and out of the garage. The car has sat there since then. He gave us all the paperwork including the original title, all registration cards, and all service records.

Our plans are to put a 427 back in it, because he wants to see it raced again(dont get me wrong we also will try to get a correct 428). That will not happen for a few years until my Shelby is paid off or I sell my racecar(problem is that is not for sale). He saved everthing that came with the car except the motor. We need to change the side stripes back to GT500KR. He took them off after he bought the car. Later though the years he found a set of GT500 stripes and put them back on. Car has alittle rust on the driverside door. Other than that it is imaculate.

I dont post much on any websites, but hope to see some of you guys at Carlise.

Edited by Jimmy Sugan, 09 March 2011 - 04:08 PM.

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#2 ONLINE   shelby001

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Posted 09 March 2011 - 04:13 PM

Great story hope you are able to bring it back to its original state some day. What colour is it?

#3 OFFLINE   Jimmy Sugan

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Posted 09 March 2011 - 04:21 PM

here is some pics hope it worksPosted Image

Edited by Jimmy Sugan, 09 March 2011 - 04:23 PM.

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#4 OFFLINE   dbackg

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Posted 09 March 2011 - 04:23 PM

Very cool Jimmy.

Thanks for sharing.

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#5 OFFLINE   Jimmy Sugan

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Posted 09 March 2011 - 04:24 PM

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#6 OFFLINE   Jimmy Sugan

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Posted 09 March 2011 - 04:26 PM

this is how he towed itPosted Image
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#7 OFFLINE   Jimmy Sugan

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Posted 09 March 2011 - 04:28 PM

This is me my Mom,and DadPosted Image
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#8 OFFLINE   Jimmy Sugan

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Posted 09 March 2011 - 04:31 PM

And this is when I was in the newspaper with the car
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#9 ONLINE   shelby001

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Posted 09 March 2011 - 04:34 PM

Very nice ,Thanks for posting

Edited by shelby001, 09 March 2011 - 04:36 PM.


#10 OFFLINE   ctann

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Posted 10 March 2011 - 04:35 PM

Great story! You should post those pictures over here: http://saacforum.com/index.php?board=12.0 There are some people over there who will *love* them! :)

Cheers,
Chris.

#11 OFFLINE   Denstang65

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Posted 14 March 2011 - 10:32 PM

My dad handed his 68 Shelby GT500KR down to me and brother last Thursday!!! :happy feet: With only 23865 miles! Here is some history of the car. He bought it Dec 16 1968, for ONLY $4850.28. The car has always been garaged kept . Does not have the original motor. Back in 68 his plans were to race the car. So 2 weeks after he purchased the car he pulled the 428 sold it and replaced it with a 427. I know some will not like that. Blew the 427 up in the 80s and put a 390 in to get it in and out of the garage. The car has sat there since then. He gave us all the paperwork including the original title, all registration cards, and all service records.

Our plans are to put a 427 back in it, because he wants to see it raced again(dont get me wrong we also will try to get a correct 428). That will not happen for a few years until my Shelby is paid off or I sell my racecar(problem is that is not for sale). He saved everthing that came with the car except the motor. We need to change the side stripes back to GT500KR. He took them off after he bought the car. Later though the years he found a set of GT500 stripes and put them back on. Car has alittle rust on the driverside door. Other than that it is imaculate.

I dont post much on any websites, but hope to see some of you guys at Carlise.

You lucky son of a :hysterical: Forget me wishing I had a wealthy relative, I would be happy to accept the title to a Shelby, even more, a classic Shelby. Thats awsome, congrads to you! Good luck with it. When you guys are done, try not to be so shy with here. :shift: Take here around the block often.

#12 OFFLINE   acmjg

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Posted 27 April 2011 - 07:57 AM

Totally awesome story. Hopefully you can hand it down again someday. Or just give it to me. :hysterical:

Edited by acmjg, 27 April 2011 - 07:58 AM.


#13 OFFLINE   shelbypt

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Posted 28 April 2011 - 03:48 PM

That is cool stuff! What a great gift from your father. I look forward to seeing you in Carlisle!!
Gary
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#14 OFFLINE   grapepa

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Posted 28 April 2011 - 04:54 PM

Your Father also had a GT40 GoKart.
Did you get that Too ?



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#15 OFFLINE   old school

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Posted 28 April 2011 - 05:54 PM

Attached File  carlisle 1.jpg   226.9KB   15 downloadsVery cool Jim, look me up @ Carlisle.. I'll have the Dark Brown Met, 428cj 70' Mach in the show field....(& a cold one in the cooler)

Chris

Edited by old school, 28 April 2011 - 05:55 PM.


#16 OFFLINE   SGT/SC#0471

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Posted 28 April 2011 - 07:35 PM

Very cool story, I dig the way he towed it....your dad is one cool dude!

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#17 OFFLINE   ceswert

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Posted 27 June 2011 - 08:48 PM

Great family story. That's what I would like to do with my cars. Hand'em down. $4850 was a lot of bread for a car in those days.

#18 OFFLINE   GT350Shelb

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Posted 13 July 2011 - 01:40 PM

What car number is it?


lots of good info here http://saacforum.com/index.php?board=12.0

#19 OFFLINE   Jimmy Sugan

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Posted 26 July 2011 - 02:26 PM

What car number is it?


lots of good info here http://saacforum.com/index.php?board=12.0

Sorry, havnt been on this site for awhile. Its 03674
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#20 OFFLINE   Coralsnake

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Posted 02 August 2011 - 04:57 PM

Nice jimmy, can you please email me? Coralsnake68@hotmail.com




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