1968 Ford Mustang GT500KR Convertible

Make

Ford

Model

Mustang GT500KR Convertible

Year

1968

Listed price

$276,995

Location

Homer Glen, Illinois

Transmission

Automatic

Mileage

71,024 miles

By 1968, the Shelby Mustang had already cemented its place as a performance icon, but Carroll Shelby, ever the restless innovator, knew there was more power to be unleashed. The answer came in the form of the legendary 428 Cobra Jet engine. Ford, under pressure from Chevrolet's new big-block Camaro, unleashed the 428 CJ in mid-1968, and Shelby wasted no time in stuffing it into his already potent GT500. The result was the GT500KR – "King of the Road." Rated at a conservative 335 horsepower, the Cobra Jet was widely known to produce significantly more, delivering a tidal wave of torque that made the KR a drag strip terror and a street legend. Only 1,570 GT500KR Fastbacks and a mere 518 Convertibles were built in 1968, making the drop-top KR one of the most desirable Shelby Mustangs ever produced. This stunning 1968 Shelby GT500KR Convertible, showing 71,024 miles, embodies the brute force and open-air exhilaration that defined the model. Finished in a striking Acapulco Blue, its smooth paintwork beautifully complements the contrasting black interior and crisp white vinyl convertible top, creating an undeniable presence. Under the hood lies the heart of the beast: the numbers-matching 428 Cobra Jet V8, paired with its original C6 automatic transmission, making this a true factory-correct KR. The comprehensive restoration, started in the mid-1990s and completed in the early 2000s, has preserved the car's authenticity while ensuring it remains a show-stopping driver. This is a rare opportunity to own a piece of American muscle car royalty, a Shelby that truly lives up to its "King of the Road" moniker.