This rare 1966 Ford Mustang Shelby GT350H is hitting the Mecum Auction block next month with horsepower and history to match.

The Shelby GT350H was first introduced in 1966. It was a sort of unusual collaboration between Ford and Hertz in which customers of the rental agency were allowed to drive this one-of-a-kind “rent-a-racer" off the lot and onto the road for as little as $17 per day and 17 cents per mile.

Just 1,003 initial examples were produced to meet FIA regulations for the Group 2 Sedan category, and even less featured a manual transmission; just 80. Now, one of these rare examples is heading to auction — oh, and did I mention it was owned by Carroll Shelby himself?

1966 Shelby Mustang GT350H Auction

Decorated with the production number 1822, it was initially registered and owned by Carroll Shelby before it was delivered to Hertz in Chicago, Illinois. It features the original V8 engine good for 306 horsepower (228 kilowatts) and 329 pound-feet (446 newton-meter) of torque, a three-speed automatic transmission, dual exhaust, and a 0-60 mph (0-96 kmh) time of about 7.0 seconds when new. It was race ready out of the box, per any good Shelby product. 

Inside, the black leather interior and wood-grain steering wheel remains, as do most of the original gauges and instrument cluster. On the outside, the original black paint and gold striping has been refreshed, and a set of period-correct Magnum 500 wheels wrapped in Firestone Polyglas tires have been fitted. The entire package having been given a full restoration, inside and out, features nearly everything you’d expect to find new on the pony car in 1966. 

It’s headed to the auction block later this week at the Mecum Dallas sale. No early estimates have been given, but the market has these rare Mustangs currently valued at around $135,000 in pristine condition. With ties to Carroll Shelby and it being an auction setting, it’s bound to go for even more.

Source: Mecum Auctions


Photos: Teddy Pieper / Mecum Auctions

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