Unlike the Shelby Mustang, Which had side-exiting exhausts, the 1969 Shelby Mustang had twin pipes that ran out through the center of the rear valance.
  This is a 1968 GT 350 convertible coupe. All early GT-350s carried the Borg-Warner T-10 four speed gearbox. The first, named GT-350 for no particular reason, was a super-tuned version of  Ford's new 1965-66 "pony car" a conversion carried out by Caroll. 

The popularity of the big block shifted attention away from the smaller- engine GT350.
This is the Shelby insignia.

The Ford 428 V-8 Found its way beneath the hood of the second-generation Shelby Mustangs in 1967 and 1968. The G. T. 500 was not only powerful car, but also the most aggressively styled Shelby Mustang Built. Horsepower ranged from 360-400 depending on weather the car was equipped with the 428 or the optional 427.

This is a 1968 Shelby Cobra GT 350. It has the optional dealer installed Paxton Supercharger. Also a big block horse power from a 302. Plus it has the Shelby American aluminum wheels.
This is the same car as above. The inboard high beams (not fog) were a problem. It also has an automatic transmission and air conditioning were available options.

This is a 1967 Shelby Mustang GT 500. It is number 932 of 3,225. It's equipped with a 428 police interceptor dual quad 600 cfm carbs and Ford top loader 4-speed transmission, and a 9in Ford rearendtraction lock.

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