Two Rare Shelby GT500 Prototypes Make Spectacular Debut

Muscle Car / Comments

"Little Red" and "Green Hornet" are truly two of a kind specials.

If you haven't been hiding under a rock for the last year, you'd have seen the Ford Mustang Shelby GT500 all across the internet - the new monster is a 760-horsepower track demon that can corner as well as it can decimate quarter miles. The fans among us will know the history of the GT500 too, and how it dates back to the late 1960s when Carroll Shelby shoehorned the biggest possible Ford engine he could under the hood of a Mustang. Now, two special developmental prototypes of the original GT500 have made a spectacular debut alongside one another, painstakingly restored by Barrett-Jackson. Meet "Little Red" and "Green Hornet", the only two notchback Mustangs to ever wear a Shelby badge.

Barrett-Jackson
Barrett-Jackson
Barrett-Jackson

We've known about Green Hornet for a while now. It belongs to Craig Jackson, chairman and CEO of Barrett-Jackson, who has immaculately restored the 1968 Shelby GT500 prototype to its former glory. The Green Hornet was restored by Jason Billups of Billups Classic Cars in Oklahoma, and during the process, Billups mentioned his interest in finding the long lost 1967 prototype, Little Red. Billups did the research and spearheaded the search that eventually saw Little Red turn up in a field in north Texas.

Little Red is of particular importance, as the Shelby Mustang GT500 EXP prototype was believed to be destroyed and lost to the world forever, only to be rediscovered on March 3, 2018 after an exhaustive search that led to Little Red being dubbed as one of the most sought-after vehicles in the postwar era.

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Ford
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Now, after extensive restoration, the two developmental Mustangs have made their public debut, marking the event as the first time in history the two have been in public together. What makes this occasion all the more special is that these are the only two notchback Stangs to ever bear the Shelby nameplate, as all production GT500s were fastbacks.

To commemorate the unveiling at the 49th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Craig Jackson was joined by Steves Davis, president of Barrett-Jackson; Jim Owens, brand manager for the Ford Mustang; and the grandson of Carroll Shelby, Aaron Shelby.

The two classics were displayed on stage along two 2020 GT500s, uniquely color co-ordinated as descendants of the originals. The 2020 Green Hornet also holds the honor of being the first 2020 GT500 to roll off the Flat Rock Assembly Plant production line, VIN 001, making the moment even more special.

Finally, to cap the event off, all four GT500s were fired up, with the cacophony representing more than 2,600 horsepower on display.

Barrett-Jackson
Ford
Barrett-Jackson
Barrett-Jackson

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