https://bringatrailer.com/listing/1970-shelby-mustang-gt350-3/This 1970 Shelby Mustang GT350 fastback was built on February 11, 1969 and sold by Canyon Ford in Phoenix, Arizona on January 25, 1970 to its original owners, with whom it remained until 1989. The car was purchased by Craig Jackson and resold to its next owner in Phoenix the same year, and was stored by that owner’s family from his passing until the selling dealer’s acquisition in January 2021. Finished in Acapulco Blue over black knitted vinyl, it is powered by a 351ci Windsor V8 mated to a four-speed manual transmission and features power-assisted steering and front disc brakes as well as air conditioning, a fold-down rear seat, and an eight-track stereo. This GT350 shows 25k miles is offered with copies of its original sales paperwork, early invoices and registration documents, a Deluxe Marti Report, and a clean Arizona title.
Production of the Shelby Mustang ceased after the company’s partnership with Ford was terminated midway through 1969, though approximately 780 unsold final-year GT350s and GT500s were marketed as 1970 models and assigned corresponding VIN numbers. Styling revisions distinct to the 1970 model year included a chin spoiler and twin black hood stripes. This example is one of only five 1970 GT350 fastbacks finished in Acapulco Blue (65) with a black interior according to the Marti Report. A 1992 invoice notes a $146 repair for refinishing of the right rear quarter panel. Paint meter readings are provided in the photo gallery below.
Five-spoke 15” alloy wheels wear Cobra center caps, polished lips, and Goodyear Eagle RH tires. The car is equipped with power-assisted steering and brakes, the latter of which feature Kelsey-Hayes discs up front and drums out back. A 1973 Arizona license plate bearing the number PJH-340 is mounted at the rear, matching the number seen on registration documents beginning in 1973.
The cabin is trimmed in black knitted vinyl with horizontal red stripes on each of its high-backed bucket seats. Color-keyed upholstery covers the optional Sport Deck folding rear seat and door panels, while faux teak accents the doors, dash, and center console. Additional options include SelectAire air conditioning, an AM radio and eight-track player, the Visibility Group package, and a seat belt warning light. A roll bar with inertia-reel harnesses was standard on the Shelby Mustang.
A three-spoke steering wheel frames a 140-mph speedometer and a tachometer flanked by coolant temperature and fuel indicators, while an oil pressure gauge and ammeter are mounted ahead of the shifter. The five-digit odometer shows 25k miles.
The 351ci V8 breathes through a four-barrel carburetor fed by a NACA duct in the hood, with similar ducts to either side provided for engine bay cooling. The powerplant was factory-rated at 290 horsepower and 385 lb-ft of torque. Service since the selling dealer’s acquisition included an alternator rebuild as well as replacement of the fuel pump and battery. The removed fuel pump is included in the sale.
Power is sent to the rear wheels through a wide-ratio four-speed manual transmission and a 3.00:1 rear end. Additional underside photos are included in the gallery below. The buyer’s order lists options and the original delivery date as well as a total price of $5,236.80 before a $4,100 trade-in credit. Copies of registration cards from 1970 through 1986 are shown in the gallery along with a 1989 letter from the original owner’s wife describing the car’s early history.