Vintage R&T Review: 1967 Shelby GT 500 – The Shelby Thunderbird

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The Shelby Mustang took a giant turn for 1967. Instead of a hard, lean and sports car, it was now a bloated Mustang with an appearance package, powered by a mild 428 backed by a standard automatic, and featuring standard power steering, power brakes and air conditioning. Not surprisingly, it was no faster than a regular 390 Mustang; its 15.5 second quarter mile times made a joke of Shelby’s advertised 13.5 seconds.

In other words, it was a Shelby Thunderbird.

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R&T was pretty generous with the GT 500, approving of the appearance changes. But looks can be deceiving: it looks something like a racing car, yet it isn’t.  True that.

Although the changes under the skin were considerably less for 1967, the suspension did get a bit of firming up. With the 428, an automatic and all those power accessories up front, 58% of its weight was on its front wheels. The ride was firm, and the wide tires did their best to mitigate all that inherent understeer. R&T was again generous: something less than we’ve come to expect from Shelby’s cars, but still very good in comparison to the typical American sedan.  Thank goodness!

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The 428 was fitted with Shelby’s twin four-barrel intake system, bumping power from 335 to 355 (gross) hp. As the testing results show, it was hardly a red light bandit. 0-60 in 7.2 seconds, and the quarter mile in 15.5 @95mph.

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But the Shelby did set an all time record at R&T in one measure: it had the lowest mileage they ever recorded: 9.8 mpg average over 800 miles. That might account for the pervasive smell of raw gas in the passenger cabin; it apparently wasn’t all getting burned. The 428 piddled oil whenever it was parked.

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The expectation is that the GT500 will find a wider buyer base than its gnarly predecessor. Presumably so, but it was never going to become the cult-mobile like GT350 either. Shelby was going soft.