Description
Lot #1234 - In 1961, Lee Iacocca was Vice President and General Manager of Ford Division of the Ford Motor Company. Often described as a visionary he saw a niche for a car that would seat a driver and 3 passengers, complimented with bucket seats, sporty performance and floor mounted shifter. Senior Management at Ford approved funding, and a few years later the Mustang was born. The name 'Mustang" was borrowed from North America's P-51 Mustang World War II fighter, an aircraft that played a deciding role in the European theater and the defeat of Nazi, Germany. 1967 proved that the Mustang would become a true muscle machine; it was the first major restyling. The Mustang was starting to grow-up, giving the car a beefier look than previous and it was more than ready for a good drag race. The '67 model is considered by many to be the pinnacle of design for Mustang. At 320hp, the 390cid Holley carbureted V8 was the most powerful of the Mustang engine options, not including Shelby Mustangs, and debuted to compete against the Camaro SS 396. Transmission options included the "all new" Select-Shift Cruise-o-Matic, for which the "A" in the GTA badge refers to. 1967 was the only year for the GTA, which was a GT with an automatic transmission. This particular Mustang is one rare thoroughbred indeed. Total production of luxury convertibles in all engine variations for 1967 was only 4,848. Now take into account that only 5% of Mustang's total production was equipped with the GT option and only about 6% received the "S" Code 390cid engine, and only 8% of those were convertibles; do the math. That means only a handful were ever produced. This particular car is one of those in that handful. The Marti Report documents it as 1 of 1 in its particular form. It has received a professional rotisserie restoration with attention to detail and authenticity was the major prerequisite. This full restoration can be confirmed by the extensive documentation that includes a binder of all original receipts plus another binder of all judging results, "which were all near perfect," from all Regional and National MCA meets and yet another binder of original documentation and decoding of VIN number and Trim Tags including the original Marti Report to confirm its authenticity and provenance. This is indeed one of the rarest and nicest restored convertible Mustangs on the planet that is fully documented. It is not only referred to as one of the best, but judged one of the best by numerous Mustang Club of America judges. A car like this is very seldom ever seen, let alone for sale.