Carroll Shelby had a fine run producing modified Mustangs. Sure, it was a bummer moving the operation from Venice, California to Ford’s contractors in Ionia, Michigan, but that didn’t mean there was no value to Shelby automobiles. Unfortunately, the writing was on the wall with the performance market: Ford discontinued the Shelby Mustang for 1970, yet there were enough leftovers that Ford had the cars re-serialized for 1970 with FBI supervision. All Ford did to distinguish these was add a front spoiler and a pair of hood stripes and viola! – the 1970 Shelby Mustang was good to go. One of these rare cars, a rotisserie-restored 1970 Shelby GT500 fastback, is currently listed on AutoHunter. The 428 Cobra Jet engine powering it is paired with a C6 automatic transmission. Painted Grabber Yellow with black stripes and furnished with a matching interior, this muscle car is offered by the selling dealer with an Elite Marti Report, restoration receipts and photos, and a clear title.
Grabber Yellow was a special-order color for the Shelby Mustang in 1969-70, one of several that would become regular-production options for regular Ford and Mercury models in 1970. Black side and hood stripes, a front spoiler, an integrated rear spoiler, color-keyed racing mirrors, and scoops on the hood and sides are but a few exterior features. A set of 15-inch Shelby wheels are wrapped in staggered-width BFGoodrich Radial T/As: 235/60 front and 255/60 rear.
The cabin consists of black hi-back vinyl bucket seats with knitted vinyl inserts. Other interior features include woodgrain trim, a center console with an automatic shifter, a Sport Deck rear seat, deluxe seat belts, power steering, power ventilation, an AM radio, and a clock on the passenger side.
The instrument panel includes a 140-mph speedometer, an 8,000-rpm tachometer, and gauges for the temperature and fuel. On the console, you’ll find gauges for the oil pressure and alternator. The odometer reads 9,370 miles, though the title reads mileage-exempt.
Like all GT500s in 1970, the engine powering this fastback is an “R-code” 428 Cobra Jet with ram air, which was rated at 335 horsepower. It is paired with a three-speed C6 Cruise-O-Matic automatic transmission.
The Cobra Jet is paired with 3.50 Traction-Lok gearing. Other undercarriage hardware includes power front disc brakes and a dual exhaust system leading to two central outlets in the rear valence.
Only 380 Shelby GT500 fastbacks were built in 1970, of which 208 had an automatic transmission. Of those, only 13 were painted Grabber Yellow. For a chance to own this Shelby, visit AutoHunter and place your bid before Friday, April 11, 2025 at 11:45 a.m. (PDT).
Visit the AutoHunter listing for more information and a photo gallery
