This 1965 Ford Shelby GT350R is world's most valuable Mustang, after selling for $4M at auction

A real piece of automotive history went under hammer over the weekend, and set a new record in the process.

A 1965 Ford Shelby GT350 Competition, Shelby American’s first Mustang built racing, was just sold at Mecum’s auction in Kissimmee, Florida. The final price paid, after adding the buyer’s commission, was $4,070,000, reinforcing this as the world’s most valuable Mustang.

This same car was sold at a Mecum auction in 2020, where it fetched $3.85 million. Both figures are impressive considering that the famous “Bullitt” Mustang driven on screen by Steve McQueen only sold for $3.4 million at a separate Mecum auction in 2020.