The 68 Shelby GT350 represents one of the most sought-after variants in the legendary Mustang lineage, blending race-bred performance with daily usability. Enthusiasts target this model for its high-revving V8, track-focused chassis, and collectible status.
Across forums and auctions, the 68 Shelby GT350 consistently commands attention for its rarity, factory competition equipment, and the story of Carroll Shelby’s partnership with Ford. The following sections break down its performance, authenticity, and ownership considerations in detail.
| Year | Model | Engine | Key Competition Feature | Typical Collectibility Level |
|---|---|---|---|---|
| 1968 | Shelby GT350 | 289 cu in V8 | Competition Suspension | High |
| 1968 | Shelby GT350R | 289 cu in V8 | Lightened Body | Very High |
| 1967 | Shelby GT350 | 289 cu in V8 | Hi-Po 289 Engine | High |
| 1969 | Shelby GT350 | 302 cu in V8 | Rev-Hood and Functional Shaker | High |
Performance and Track Capability
The 289 Hi-Po Engine and Powerband
The 1968 Shelby GT350’s 289 cubic inch V8, equipped with the legendary mechanical lifters and high-compression ratio, delivers a race-like powerband that rewards skilled driving. Peak horsepower figures and aggressive cam profiles make the car responsive on both straights and tight road courses.
Suspension Geometry and Handling
Factory competition upgrades, including reinforced front torsion bars, staggered sway bars, and drilled brake discs, give the 68 Shelby GT350 a planted feel at speed. Track-focused drivers appreciate the precise steering and predictable understeer characteristics when pushed to the limit.
Authenticity and Factory Options
Identifying Original GT350 Components
Verifying authenticity starts with checking the dash tag, suspension codes, and correct wheel specifications. Matching numbers in the 289 engine and transmission provide additional confidence for collectors and investors.
Interior and Exterior Trim Details
The 68 Shelby GT350 often features signature Wimbledon White paint with Guardsman Blue stripes, side stripes, and a functional hood scoop. Inside, factory seats, console placement, and period-correct knobs distinguish a concours example from later reproductions or restorations.
Market Trends and Pricing
Value Drivers and Rarity Factors
Auction results for 1968 Shelby GT350 models show that documented history, matching numbers, and original paint correlate strongly with premium pricing. Low-mileage examples with period-correct maintenance records tend to retain value better over time.
Restoration vs. Originality Trade-offs
Buyers weigh the cost and complexity of a full concours restoration against the desirability of an unrestored survivor. Partial restorations that retain original panels and components can offer a balanced approach for enthusiasts who also plan to drive the car occasionally.
Ownership and Maintenance
Daily Use Considerations
While many owners reserve the 68 Shelby GT350 for special events, some drive it regularly with careful attention to tire wear, brake performance, and oil change intervals suited to high-revving engines. Modern tire choices and suspension updates can improve usability without erasing period character.
Parts Availability and Aftermarket Support
Third-party manufacturers offer reproductions of period-correct components, making maintenance more accessible. Enthusiasts often build relationships with specialists who understand the nuances of the 289 Hi-Po engine and factory competition hardware.
Preservation and Appreciation
- Verify factory documentation and matching numbers before purchase.
- Prioritize suspension and brake upgrades that respect original geometry.
- Use reproduction or original parts to maintain period-correct details.
- Document all maintenance and restoration work for future owners.
- Balance driving enjoyment with preservation to protect long-term value.
FAQ
Reader questions
Is a 1968 Shelby GT350 suitable for track days?
Yes, many owners participate in club track days after addressing brake upgrades, tire selection, and suspension setup to match the car’s original competition intent.
How can I verify if my 68 Shelby GT350 is numbers-matching?
Check the partial VIN on the engine block and transmission against the dash tag and build sheet, and consult Shelby documentation or an expert to confirm factory assembly.
What are the most common restoration pitfalls?
Using incorrect fasteners, non-period paint colors, or non-matching replacement panels can reduce authenticity and value; working with experienced restorers mitigates these risks.
Are aftermarket wheels acceptable on an original GT350?
While some owners use period-correct wire wheels, modern aftermarket wheels can improve safety and tire availability, provided they respect the car’s original bolt pattern and offset specifications.