Regular readers should be familiar by now with Classic Recreations, the bespoke coachbuilder that specializes in Shelby-licensed Mustangs. With past projects like the Shelby GT500CR to its name, the Oklahoma -based company has just announced it will be offering a prototype 1966 Shelby G.T.350CR at the Mecum Auction on August 16 during Monterey Car Week. This is actually a fairly special car as it's the first 1966 GT350 continuation car from the company and started out life as an original 1966 Mustang fastback.

Classic Recreations owner Jason Engel later gave it a complete rebuild from the ground-up. Power comes from a 7.0-liter 427 V8 crate engine that has 545 horsepower and mated to a five-speed manual. Other modern mechanical elements include a coil-over suspension, power rack and pinion steering, climate control, sound system and Carroll Shelby signature rally series 1000 seats. There's even a dual-tank Nitrous injection system. The car also has an official Shelby serial number, meaning it can be included in the Shelby American World Registry. Classic Recreations plans to build just 10 GT350CRs a year.