Developed for the SSCA Production Sports Car series, the GT350R was one of the first race-spec Mustangs built by Carroll Shelby.
It was also the brand’s first R model, the first one to hit the race track, and the first one to win a race. This specific prototype was retired from racing by Shelby in 1966 and sold off to a Ford Performance Division for just $4,000. It was race some more until 1968, when it was sold for the second time.
The 1965 GT350R was essentially a race-spec version of the Shelby GT350. The nameplate was revived in 2015, but unlike its predecessor, the modern GT350R is actually a road car with some race-inspired features.