1962 Shelby Cobra 289
$945K
Shelby GT350 GT350R
1965 to 1966 · Fastback · Limited edition · 36 built
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Shifty Estimate
$885,000
Low confidence · $664K to $1.11M
- Median · 12 mo
- $95,500
- Sales · 12 mo
- 7
- Market cap
- $31.9M · 36 built
Collectible
Sold$885,000 · Broad Arrow
The market
Every recorded 1965 Shelby GT350 GT350R sale
No recorded sales yet. We track auctions and listings for this market continuously.
Community
Every GT350
Sold prices, last 12 months · Oct 23, 2026
| GT350R1965 to 1966 | 1969 GT350 Convertible1969 to 1970 | 1968 GT350 Convertible1968 | 1967 GT3501967 | 1965 GT3501965 to 1966 | |
|---|---|---|---|---|---|
| Shifty Estimate | $885,000Low confidence | $96,600 | $183,800 | $169,100 | $197,800 |
| Sold median | $95,5007 sales | $92,0003 sales | $180,0007 sales | $179,5994 sales | $192,0006 sales |
| 12-month move | Too few sales to call | Too few sales to call | Too few sales to call | Too few sales to call | Too few sales to call |
| For sale | None | None | None | None | None |
Specifications
- Engine
- Naturally Aspirated V8, 4.7L
- Power
- 350 hp
- Torque
- 340 lb-ft
- 0 to 60
- 5.2 s
- Top speed
- 140 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Curb weight
- 1,200 lb
- Production
- 36 built
- Designer
- Carroll Shelby
Common questions
How much does a Shelby GT350 GT350R cost?
Over the past 12 months, 7 have sold publicly at a median of $95,500. The Shifty Estimate for a well-kept example is $885,000. Cars have changed hands anywhere from $663,750 to $1,106,250, depending on mileage, color, and history.
What is a 1965 Shelby GT350 GT350R worth today?
The Shifty Estimate is $885,000. That sits above the $95,500 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. We rate confidence low: 7 public sales in a year is not enough to be firm, and the honest range is wide. Treat it as a starting point, not a valuation.
What has a Shelby GT350 GT350R sold for at auction?
The most recent public sale we have on file:
- $885,000
About the 1965 Shelby GT350 GT350R
The GT350R represents Carroll Shelby's most focused road-racing weapon, with only 36 examples built for FIA homologation. Stripped of creature comforts and fitted with competition suspension, the R-model transformed Ford's Mustang into a legitimate race car. The 4.7-liter Hi-Po V8 produced 350 hp through careful tuning, while weight reduction and aerodynamic aids maximized track performance. Built exclusively in 1965-1966, each R-model was essentially a factory race car with minimal street equipment. Racing success in SCCA B-Production established the GT350R's credentials, with privateer teams achieving numerous victories. The homologation requirement meant these cars bridged street and track like few others. Today's collectors recognize R-models as the ultimate expression of first-generation Shelby engineering. Auction results consistently exceed seven figures for authentic examples. The GT350R represents the purest form of American muscle, purpose-built for competition with just enough street legality to satisfy homologation requirements.
More Shelby in the market
Sales and listings
Showing 1 of 1 on file
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