A 1969 Shelby Mustang GT350 is generating notable attention at auction, with bidding reaching A$98,070 the Wednesday before the auction ends as interest continues to build among collectors and enthusiasts. The vehicle, which has received past restorative maintenance, represents one of the more recognizable performance models from the late 1960s muscle car era.
The GT350 is powered by a numbers-matching 351 cubic-inch Windsor V8 engine, paired with a Holley four-barrel carburetor and a Shelby-specific aluminum intake system. The setup is reported to produce 290 horsepower, delivered to the rear wheels through a close-ratio four-speed manual transmission. Supporting drivetrain components include a Ford nine-inch Traction-Lok rear end equipped with rebuilt 3.25 gears, reinforcing its performance-focused design.
Factory records indicate the car was assembled in Dearborn, Michigan on January 13, 1969, ahead of its scheduled production timeline. It was originally sold through a dealership in Moline, Illinois, adding to its documented provenance. The odometer currently displays 86,577 miles, though the reading is not guaranteed.
The exterior has been refinished in Candy Apple Red, complemented by yellow side stripes and GT350 badging. The car rides on 15-inch alloy wheels featuring polished edges and BF Goodrich Radial T/A tires. A functional ram air hood with multiple NACA-style scoops enhances airflow, while mechanical components such as the suspension and fuel system have been updated or rebuilt. A modern exhaust system with Flowmaster dual chamber mufflers has also been installed.
Inside, the Mustang features a refurbished white Deluxe Clarion Knit vinyl interior with high-back bucket seats. The cabin includes restored gauges, updated trim elements, and wood accents across the dashboard and door panels. Original factory equipment includes power front disc brakes, a tilt-away steering wheel, rear Sport Deck seating, power ventilation, and an AM radio.
The sale includes supporting documentation such as the original build sheet, a Marti Report, and factory literature. As bidding continues, the vehicle stands out as a well-documented and visually striking example of a classic Shelby Mustang, appealing to collectors seeking both authenticity and drivability.
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