Motostalgia, a catalog collector car auction companies, announced that it will present a 1965 Shelby GT350 #048 Homologation with Competition History at the Motostalgia Auction, May 2nd during Keels & Wheels Concours d’ Elegance in Seabrook, Texas (just south of Houston).
Motostalgia was recently selected to bring a collector car auction back to the annual weekend event taking place the first weekend of May at the Lakewood Yacht Club. This particular GT350 is a very rare find – according to files of the Shelby American Automobile Club, the “048” is the 24th GT350 produced, and one of approximately 30 Mustangs created out of the historic Venice, California facility where the legendary Cobras and GT40s were assembled.
Stemming from Henry Ford II’s burning ambition for his mark to win the three most important motorsports competitions in the United States, Ford commissioned, Carroll Shelby to pursue his racing goals. Automotive legend and Texas native racer, Carroll Shelby, homologated this 1965 Ford Mustang to make it race ready as one of the earliest Shelby’s GT350 #SFM5S048.
The car (SFM5S048) was originally purchased by racing enthusiast Richard “Dick” Roe who had previously competed behind the wheel of an early 289 Cobra. Roe wanted one of these new Shelby Mustangs and ensured the car went through a number of special accommodations to make it race ready. He won his first race with the Shelby in Minnesota, then placed 4th in SCCA Regionals the same year.
Gerry Mulnix, the car’s second owner was even more serious about making #048 a winner on the track with genuine Shelby competition upgrades available after this early production car was delivered. This included upgrading the rear glass to plexiglass, installing a larger 4-core radiator, GT350R cooling ducts and a genuine Shelby “R” model roll-bar, among other correct Shelby competition upgrades. After Mulnix campaigned the car, it was sold to a commercial airline pilot, Stephen Connors. It was during Connors’ ownership in which most mileage was clocked, just a bit over 55,700 showing on the odometer.
After nearly 20 years of ownership by Connors, SFM5S048 was sold to David Anderson, a member of the U.S. Air Force, who appreciated the car for its historical interest and worked to preserve it. Most importantly, keeping all of the original parts with the vehicle as it was acquired by the current consignor
Today, the SFM5S048 is a wonderful example of what a competition GT350 was all about. Privately owned and campaigned from new, the current owner has gone to great lengths to verify and authenticate this vintage Shelby’s heritage. All sheet metal had been date coded properly for its initial built at the San Jose plant, with the exception of the replaced front left fender. The interior still retains the original black vinyl seats and even has the original spare tire cover.
“Motostalgia is honored to present the SFM5S048, one of the earliest Shelby GT350’s produced with an unbroken chain of ownership back to Shelby American,” said Antonio Brunet, founder and president of Motostalgia. It is a car that was homologated for competition and was used for the intention that Shelby had desired when the car was built — to be raced and to be enjoyed.”