Rare 1967 Ford Mustang Shelby GT500 “Little Red” Is Back and Nearly Unrecognizable
This one-of-one, experimental GT500 coupe has experienced a stunning two-year turnaround.
Two years ago, this gleaming Candy Apple-red, one-off 1967 Ford Shelby GT500 EXP prototype dubbed "Little Red" was wasting away in a Texas field like an abandoned cow carcass. It has since been totally restored by its rescuer, Craig Jackson, who swooped in and bought the rare Shelby GT500 coupe in 2018 when it was decidedly less gleaming and far more decrepit than it is today.
Little Red is one of the most sought-after classic Mustangs — and before March of 2018, most Ford followers believed it had been lost to time, the elements, or both. When new, the prototype was the only GT500 coupe ever built — other Shelby Mustangs of the era were all fastbacks — and it was packed with experimental equipment and development parts. As it turns out, this extremely important chapter in Mustang lore was sitting out in (sort of) plain sight in the plain middle of nowhere in Texas. That's where Craig Jackson, CEO of Barrett-Jackson auctions, entered the Mustang's story.
