Long-Lost 1967 Ford Shelby GT500 EXP Found In Texas

Barrett-Jackson, a heavyweight in the collection and sale of collector cars, recently announced at the annual Woodward Dream Cruise in Michigan that the company has found a 1967 Ford Shelby GT500 EXP prototype car the only GT500 hardtop coupe ever built by Shelby American. “Little Red,” as the vehicle is known, was found in North Texas by a team led by Barrett-Jackson Chairman and CEO Craig Jackson and classic car restoration specialist Jason Billups.

The vehicle was located and verified by the team on March 3, 2018 after being stored by the same owner in rural texas for over 20 years.

Little Red was one of two experimental notchback coupes created by Ford Motor Company and Shelby American, the other being known as “Green Hornet.” The companies tweaked these vehicles in multiple ways, including through the implementation of a Paxton supercharger to the Shelby’s big-block engine and a restyled body.

Little Red and the Green Hornet were the only notchback coupes to ever wear the Shelby nameplate, according to Barrett-Jackson, and the restoration of the Green Hornet led Jackson and Billups to seek out its red counterpart.  

Billups said the team found the vehicle by using its original Ford VIN number after they came up dry using its Shelby serial number.

“Locating Little Red was tantamount to finding the proverbial needle in a haystack,” Billups said. “After our initial research we realized that, like others before us, we were using the wrong search criteria. Everyone looked for Little Red using the Shelby serial number, which would eventually lead to a dead end. We took a different approach and located the car’s original Ford VIN number, which wasn’t easily discoverable. That VIN led us to its original registration and eventually to its last owner.”

The vehicle was identified by Kevin Rogers, a well-known expert on Ford Mustangs. It was also verified using cross references, serial numbers, date codes and other documents, according to a statement from Barrett-Jackson.

Jackson called the find “a discovery of a lifetime.”

“Finding Little Red is the discovery of a lifetime,” he said. “This Shelby prototype has been one of the most sought-after and elusive vehicles in postwar history. Countless enthusiasts and experts have searched for Little Red since it went missing in the 1960s. Many believed it was destroyed when the car was no longer needed. I’m excited to announce that was not the case. We’ve found Little Red and we intend to meticulously restore this legendary car back to its original glory.”

You can watch a video detailing the team’s discovery below.

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