Resurrecting Legend: The Long-Lost Ford GT40 P/1067 Emerges From A California Garage

A Garage Find for the Ages

If you were strolling through a quiet neighborhood in Thousand Oaks, California, and caught a glimpse of the tail of a Ford GT40 peeking out beneath dusty tarps and household clutter, you might assume it was a half-finished kit car project—another abandoned dream collecting cobwebs. But you’d be wrong.

What lay hidden in that suburban garage was no replica. It was GT40 chassis P/1067—one of the rarest survivors of Ford’s legendary endurance racing program. Tucked away since the late 1970s, it had quietly slumbered while the world around it forgot.

The Ford GT40: Born from Rivalry

To understand why this car matters, rewind to the mid-1960s, when Henry Ford II, stung by Enzo Ferrari’s last-minute rejection of a corporate buyout, vowed revenge the only way a proper gearhead could: by building a car to beat Ferrari at its own game—the 24 Hours of Le Mans.

The result was the Ford GT40, a low-slung, fire-breathing racer designed to break Maranello’s grip on the world’s most prestigious endurance race. And it did—four times in a row, from 1966 to 1969.

But among the many GT40s built for that mission, chassis P/1067 carved out its own unique niche.

The Singular P/1067

Completed on December 23, 1966, P/1067 was the final GT40 built that year. A Mk I model with a factory-installed Mk II rear clamshell—a configuration shared by only two other cars—it remains the only survivor to retain that rare feature. Originally finished in a subtle light metallic blue, it was sold new to Doug Schultz of Elmwood Park, Illinois.

Over the years, the Ford GT40 passed through several owners, including racer Jim Scott, who gave it a bold yellow and black paint job and fitted it with Halibrand wheels to boost its on-track presence. Then came George Walther, father of Indy 500 driver Salt Walther, who converted the car to resemble the Daytona-winning Mk II with racing roundels and the now-iconic No. 98 livery.

A Racing Life Paused

In 1975, the Ford GT40 found its way to Dennis Murdoch, a retired firefighter who continued racing it until 1977. That year, a mechanical failure sidelined the car. Murdoch started repairs but suffered an injury that forced him to abandon the project. What began as a temporary pause became decades of storage. The car was buried beneath a sea of tools, tarps, and garage miscellanea—its legendary silhouette hidden in plain sight.

Aside from whispers among a few insiders and stories told at car shows, the world had forgotten P/1067.

Rediscovery

That year, collector Tom Shaughnessy got a tip from his son John, who’d met Murdoch at the Friends of Steve McQueen Car Show. Sensing a once-in-a-lifetime find, Shaughnessy spent nearly a year building a relationship with Murdoch before the deal was finally struck.

When the garage door creaked open, what they found was astonishing: the Ford GT40 remained largely intact, complete with its original chassis, drivetrain, and a Gurney-Weslake 302 engine under the rear clamshell—exactly the kind of period-correct detail that excites concours judges and vintage racing aficionados alike.

To Restore or Preserve?

With the car now in his care, Shaughnessy faced a dilemma: should he restore P/1067 to its original light blue showroom condition or preserve the modifications made during its racing years?

He leaned toward honoring its full history—not just its birth certificate, but also the stories it had picked up along the way. “I drive all my cars,” Shaughnessy told Hot Rod Magazine. “I have no room in my garage for Easter eggs.”

The restoration of a Ford GT40 is no small feat. Every detail, from period-correct rivets to authentic rubber components, must be sourced or fabricated. But done right, it doesn’t just restore a car—it revives a chapter of motorsport legend.

Back Into the Light

Today, P/1067 stands as a symbol of what makes car culture magical. Not just the engineering or the racing provenance, but the stories. The human moments. The forgotten garage. The years of silence followed by the thrill of rediscovery.

This isn’t just another Ford GT40. It’s the last GT40 built in 1966. The only one with its factory Mk II clamshell still intact. The one that raced, rested, and now—at last—will roar again.