You are using an older browser version. Please use a supported version for the best MSN experience.

1969 Ford Mustang Shelby G.T. 500 - Rare Finds

HOT ROD logo HOT ROD 5/7/2015 Jerry Heasley

Mark Barton's ears perked up when his friend Dennis Jack said, "Guess what? I found this wrecked Shelby."

Mark Barton's Rare Find was covered with a tarp sitting on a wooden floor in a heated room above an attorney's office.© Provided by Hotrod Mark Barton's Rare Find was covered with a tarp sitting on a wooden floor in a heated room above an attorney's office.

Instead of asking who owned the car, Mark shot back, "Is it green?"

Dennis must have been a little shocked with this question, because the Shelby was green, officially Jade Green from Shelby American in 1969.

Then, Mark asked a second question, "Does Jerry Lafayette own it?"

Mark is 49 years old. He remembers his neighbor, an attorney, driving a big-block '69 Shelby G.T. 500 up and down the streets in the mid '70s. This man was a friend of the family named Jerry Lafayette.

More classic cars on MSN Autos

A peek revealed G.T. 500 logos on the front fenders.© Provided by Hotrod A peek revealed G.T. 500 logos on the front fenders.

Lafayette actually owned three Shelby Mustangs. The attorney acquired each Shelby, Mark recalled, "essentially as payment on different cases he had done."

The green '69 was the "one he drove the most," Mark said. He heard the attorney wrecked this car in 1983 or 1984 and "put it up above his offices in downtown Rockford, Illinois."

Apparently, this building held more than offices and contained a freight elevator. Lafayette stored his treasured Shelby for years on a wooden floor above his office.

Recently, he decided to sell the Shelby, the last of the three he had left from so many years ago. Dennis had hired Lafayette to negotiate a divorce. This time, instead of acquiring a Shelby, the attorney was thinking of selling.

The 10 nuttiest vehicles at the Lane Motor Museum

Mark lifted the tarp to find a ’69 Shelby G.T. 500 fastback.© Provided by Hotrod Mark lifted the tarp to find a ’69 Shelby G.T. 500 fastback.

Dennis took a look at the G.T. 500, out of circulation for almost 30 years. Unfortunately, his divorce found him short of the cash to purchase the vehicle. So he gave his friend Mark Barton the opportunity.

The next weekend, Mark, who lives in Rockton, Wisconsin, visited his parents in Love's Park, Illinois. He spotted their neighbor Jerry Lafayette in his yard. "So I said to him, 'I hear you're talking about selling the Shelby.' He says, 'Yeah, do you want to look at it?'" 

Mark was excited to see the car that stirred him so much when he was barely a teenager. He remembers telling his mom and dad, "I want to own a car like that someday." Now he had the chance to own that actual car with the "thundering" exhausts and the 428 Cobra Jet big-block.

Ford Mustang GT, Camaro SS 1LE, or Challenger R/T Scat Pack?

With the Shelby out in the daylight, Mark took these photos before cleaning it. The rear body damage should be no problem for Mark to fix, as he’s a bodyman by trade.© Provided by Hotrod With the Shelby out in the daylight, Mark took these photos before cleaning it. The rear body damage should be no problem for Mark to fix, as he’s a bodyman by trade.

Mark found the car covered with a tarp sitting in a heated room above Lafayette's office. He was happy to find that the body was pretty much rust-free. Of course, the damage from the wreck three decades earlier had never been fixed. The right quarter-panel was "crushed" and had to be replaced, but there was no frame damage. Mark found a small spot of rust on the passenger door.

Mark has been doing bodywork for a living for 25 years. He can restore the body on his own.

These Are the 10 Most Affordable Classic Muscle Cars

The engine was a 390, not the original 428 CJ.© Provided by Hotrod The engine was a 390, not the original 428 CJ.

Behind the big-block engine was an automatic. Under the hood was a 390 with no carburetor. Apparently, the original owner blew up the 428 Cobra Jet. Lafayette drove the car with a 390 and never had a CJ.

Negotiations took about a month. Mark said he got a good deal because the attorney had known him for so many years. He was 70 and ready to sell. Mark said, "He wanted 30-some thousand dollars. But he said he'd sell it to me for 25 because 'I've known you forever and I like you and I know you'll redo the car.'" 

This 1965 Shelby GT350 R should bring in $1M (or more)

The Shelby’s interior was in good condition.© Provided by Hotrod The Shelby’s interior was in good condition.

"You could drive it with the 390 and have fun while you're hunting a Cobra Jet engine," I suggested.

Mark said, "Exactly, that's what my intention is for the first year or so."

One fun driving trip will be taking his neighbor from the '70s on a ride in the '69 Shelby G.T. 500 fastback he stored for so many years.

Chevrolet Malibu: A Brief History

1969 Ford Mustang Shelby Gt500 Rare Finds Front Left Side View Promo© Provided by Hotrod 1969 Ford Mustang Shelby Gt500 Rare Finds Front Left Side View Promo

Do you have a Rare Find story to share? Contact Jerry Heasley at jerryheasley@gmail.com or on Twitter @JerryHeasley.

AdChoices
AdChoices

More from HOT ROD

Loading...

image beaconimage beaconimage beacon