Shelby GR-1 set for world trip

In 1970, with sales slowing, the final Shelby Mustangs built for 1969 were updated to 1970 specifications and sold, ending the famed run.

Key Moments for Ford

Shelby Partnership January 1952: Shelby's first race driving a Ford-powered hot rod. February 1962: Tests begin on an AC 260 which would become the Shelby Cobra. March 1962: Shelby-American begins operations in Venice, California. June 1962: Cobra production begins. August 1964: Ford asks Shelby to develop a high-performance Mustang derivative. September 1964: First Shelby prototypes are built. January 1965: The 1965 Shelby GT350 is introduced. Ford hires Shelby American to oversee the GT40 program. November 1965: Hertz begins buying GT350H versions for its "rent-a-racer" program. June 1966: Ford GT40 Mark II wins Le Mans. November 1966: First 1967 Shelby GT500s are delivered. June 1967: Ford and Shelby American again win Le Mans. November 1967: 1968 Shelby Mustang convertibles debut. November 1968: 1969 model-year production begins. September 1969: Shelby Mustang production ends. February 1970: Ford and Shelby end their long-term racing agreement. March 2001: Shelby is invited to consult on GT40 concept March 2002: Ford gives green-light to production of Ford GT based on the concept April 2003: Ford invites Shelby to collaborate on a Shelby Cobra concept car January 2004: Cobra steals the show at 2004 Detroit NAIS Auto Show. January 2004: Ford asks Shelby to consult on a follow-up concept. June 2004: Shelby announces plans to build limited edition Shelby Expedition. August 2004: Ford unveils the Ford Shelby GR-1 concept at Pebble Beach.