Craig Jackson Makes Automotive History Today with Unveil of Restored 1967 Shelby Mustang GT500 EXP “Little Red”

Pictured: The “Green Hornet” (Left) & “Little Red” (Right)

SCOTTSDALE, Ariz. Jan. 16, 2020 – This morning Craig Jackson, chairman and CEO of Barrett-Jackson, gave media and the public its first look at his newly restored 1967 Shelby Mustang GT500 EXP prototype known as “Little Red”. Once believed destroyed and lost forever, Little Red was discovered on March 3, 2018, in rural North Texas by a team led by Jackson and classic car restoration specialist, Jason Billups. This Shelby prototype has been one of the most sought-after and elusive vehicles in postwar history.

The historic unveil took place this morning during the 49th Annual Barrett-Jackson Collector Car Auction in Scottsdale. Among other guests, Jackson was joined by Steve Davis, president of Barrett-Jackson; Jim Owens, Ford Mustang Brand Manager; and Aaron Shelby, grandson of Carroll Shelby. Other representatives from Ford Motor Company, Shelby American and Shell Pennzoil were also in attendance.

1967 Shelby EXP500 “Little Red”

This morning’s unveil also featured Jackson’s 1968 Shelby GT500 prototype known as the “Green Hornet”. Today was the first time in history both experimental Shelby GT500 Mustangs have been seen together.

Little Red and Green Hornet were also joined by a one-of-one Candy Apple Green and a Rapid Red 2020 Shelby GT500, both owned by Jackson. The 2020 Mustangs are the modern day “descendants” of the two experimental 1960s Shelbys. An independent rear suspension, four-wheel disc brakes and electronic fuel injection connect Green Hornet to the 2020 models, while the new supercharger is reminiscent of what’s under the hood of Little Red. The 2020 Green Hornet car was the first model (VIN 001) to roll off the line at Flat Rock Assembly Plant last fall.

Following the presentation, the four Shelby Mustangs were started in unison by Craig Jackson in Little Red, Steve Davis in Green Hornet, Jim Owens in the Rapid Red 2020 GT500 and Aaron Shelby in the Candy Apple Green 2020 GT500. The four vehicles represented over 2,600 horsepower.

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Restored ‘Green Hornet’ and ‘Little Red’ Debuting Together at Barrett-Jackson with 2020 Shelby GT500 Mustangs

Pictured: The once-lost 1967 Shelby EXP500 known as “Little Red”

SCOTTSDALE, Ariz., Jan. 15, 2020 – Once lost, now found and restored to their original glory, a pair of historic experimental Shelby Mustangs – “Green Hornet” and “Little Red” – are being revealed together for the first time, joined by two new Shelby GT500 Mustangs at 9 a.m. MST tomorrow at the Barrett-Jackson Scottsdale auction.

The restored 1968 Shelby GT500 prototype known as the Green Hornet and the newly restored 1967 Shelby GT500 prototype known as Little Red will be unveiled by Craig Jackson, chairman and CEO, Barrett-Jackson. Jackson restored both cars, which are the only notchback coupes ever produced wearing the Shelby nameplate.

Restoration of Green Hornet was led by Jason Billups of Billups Classic Cars in Colcord, Oklahoma. During the process, Jackson floated the idea of finding Little Red, which had been lost. After an extensive search spearheaded by Billups, the vehicle was discovered in a rural field in north Texas.

Finally, with Green Hornet and Little Red restored, Jackson set out to celebrate their significance by adding a one-of-one Candy Apple Green and a Rapid Red 2020 Shelby GT500 to his collection. An independent rear suspension, four-wheel disc brakes and electronic fuel injection connect Green Hornet to the 2020 models, while the new supercharger is reminiscent of what’s under the hood of Little Red.

The 2020 Green Hornet car was the first model to roll off the line at Flat Rock Assembly Plant last fall. Jackson paid $1.1 million at auction for the car to raise money for Juvenile Diabetes Research Foundation.

First Production 2020 Shelby GT500 To Be Unveiled With Original “Green Hornet” and “Little Red” Experimental Shelbys at Barrett-Jackson Scottsdale

The very first 2020 Ford Mustang Shelby GT500, VIN 001, is making a return to the Barrett-Jackson Scottsdale Auction, a year after CEO Craig Jackson made the winning bid for a great cause – JDRF. To date, Barrett-Jackson has helped Ford raise $6.8 million for JDRF, which leads the fight against type 1 diabetes.

SCOTTSDALE, Ariz. JAN. 08, 2019 – Ford Motor Company recently presented Carolyn and Craig Jackson, chairman and CEO of Barrett-Jackson, with the first production 2020 Mustang Shelby GT500, which rolled off the lines at Flat Rock Assembly Plant in Detroit, Michigan . The Jacksons purchased the VIN 001 GT500 during the 2019 Barrett-Jackson Scottsdale Auction, raising $1.1 million for JDRF. This remarkable Ford Mustang will join other rare Shelby vehicles including the 1968 GT500 prototype known as “Green Hornet” and its predecessor, the 1967 Shelby Mustang prototype known “Little Red,” for an exclusive display at the 2020 Scottsdale Auction.

“This first production 2020 Mustang Shelby GT500 is a significant piece of American performance history,” said Craig Jackson. “The independent rear suspension, four-wheel disc brakes and electronic fuel injection engineered on this car were pioneered by Carroll Shelby over 50 years ago. He tested and developed these same experimental components on his 1968 EXP500 prototype, Green Hornet, but they were not standard in a GT500 until 2020. It’s an incredible honor for Carolyn and me to be entrusted with these important vehicles and to have supported efforts to find a cure for juvenile diabetes.”

The limited-production 2020 Mustang Shelby GT500 – the most powerful production Mustang ever – features a hand-built 760 horsepower 5.2-liter supercharged V8 engine mated to a seven-speed dual-clutch transmission.

As the winning bidder, Jackson was afforded the opportunity to match the exterior paint of his 2020 Mustang Shelby GT500 with the Green Hornet’s Candy Apple Green metallic color. Both experimental Shelby Mustangs, Little Red and Green Hornet, will be displayed at the Scottsdale Auction in January as well as in an upcoming documentary film being produced by Jackson. The film, which will be released in 2020, chronicles the stories behind the search, discovery, research and restoration efforts with a team of experts over the last decade for both Shelbys.

“Carroll Shelby’s racing technology and innovations, like those found on Little Red and Green Hornet, were far ahead of their time,” said Steve Davis, president of Barrett-Jackson. “These two incredibly unique vehicles led the way for some of the most important advancements in American performance and racing. The visionaries behind these advancements, like Carroll Shelby, not only impacted the cars of their generation, but have significantly influenced today’s performance vehicles.”

The limited-production 2020 Mustang Shelby GT500 – the most powerful production Mustang ever – features a hand-built 760 horsepower 5.2-liter supercharged V8 engine mated to a seven-speed dual-clutch transmission.