In April 1968, Carroll Shelby introduced the Cobra GT500KR, and called it the "King of the Road." The GT500KR featured Ford's new high performance 428 Cobra Jet engine in place of the earlier GT500's Police Interceptor motor. Ford rated the cobra jet at only 335 horsepower, even though actual horsepower exceeded 400. The new 428 cobra jet included: reinforced block, 427 low riser heads with large port and valves, 735 CFM Holley carburetor, high flow exhaust manifolds, larger diameter exhaust system, and ram air induction.
The GT500KR received suspension modification including heavy-duty adjustable shocks, staggered rear shocks and oversized rear brake drums. A heavy-duty Top loader 4 speed close-ratio transmission and Nodular 9" 3.50 Traction-Loc with 31 spline axles got the power to the ground.
This original 54,000 mile Shelby Cobra GT500KR is one of only 517 convertibles built. The car has Shelby Automotive serial number 4390, and is documented as a rare "Factory Special Paint" car. It has received a comprehensive restoration in last six months by one of the country's leading Shelby experts to SAAC Street Driven Concours class standards.
The most incredible thing about this KR is it's extensive documentation. The documents include original build sheet, original window sticker signed by Carol Shelby, original Shelby order form #1872, Shelby invoice #04415 and owner warranty card also included is a Marty report signed by Carol Shelby. This KR is one of 21 built with special paint and the white convertible top.

Year: 1968

Make: Shelby

Model: GT500KR Conv .

Mileage: 53576

VIN: 8T03R216159-04390

C.I. 428

H.P. 335

Transmission: 4 speed

Color: Yellow

Price: $315,000