If you've been here before, you may remember me drooling of the Shelby Mustang GT500KR Fastback Coupe up for auction by Shannons. It was predicted to sell for between $280,000 - $320,000AUD.

Well, the Mustang made history when a telephone bidder picked it up for $282,000. This is the highest price that a Shelby has ever gone for in an Australian auction. In case you're wondering, the telephone bidder wasn't me.

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