Car of the Week: This Ultra-Rare 1965 Mustang Shelby GT350R Is Heading Back to Auction

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Car of the Week: This Ultra-Rare 1965 Mustang Shelby GT350R Is Heading Back to Auction
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The prototype sold for a record-setting $3.85 million in 2020 and is returning to the block through Mecum.

, some cars are more “equal” than others. Among Shelbys, those would be examples of the 1965 GT350R model, of which 34 production cars were built specifically for racing, as designated by the “R” in their VIN. The rest of the cars have an “S”—for street—stamped into the tiny aluminum plate riveted onto the top of the driver’s-side inner fender.

One of two 1965 Shelby GT350R prototypes, 5R002 will be offered through Mecum Auctions on January 15. To understand how one little letter can affect value by six figures or more is to grasp the sheer lunacy of our hobby. The only thing rarer in the model line than the 34 examples of the R production variant would be two prototypes; 5R001 and 5R002.

The provenance of this car is enhanced by the many racing legends who drove it, foremost of whom was Ken Miles, who handily won the B Production races at Green Valley Raceway. Miles’s persona and legacy were dutifully acknowledged in the 2019 film

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