07/11/2026
Carroll Shelby needed a big-block for the 1967 GT500. The 427 was too expensive and too race-oriented. The 390 GT was disappointing. So Shelby grabbed Ford's newest big-block, the 428 Police Interceptor, a high-compression long-stroke FE designed for law enforcement pursuit duty, and did what any hot rodder would do: he raided the 427's parts bin. A Ford 427 Medium Riser aluminum dual four-barrel intake manifold (casting C7ZX-9425-A) went on top. Two 600-CFM Holley vacuum-secondary carburetors (originally spec'd for the 1963 427) sat on the intake, mounted backwards with a complex progressive linkage and a heavy throttle return spring. 1,200 CFM total. Finned aluminum Cobra Le Mans valve covers with cast lettering. A giant oval air cleaner. The window sticker read "Shelby GT 500 with 428 Cobra Le Mans 355 HP Engine." That was pure marketing. The engine was a Police Interceptor with a 427 hat.
The 428 was fundamentally a bored and stroked 390. Same FE family. Bore: 4.130 inches (0.100 smaller than the 427's 4.233). Stroke: 3.984 inches (0.284 longer than the 427's 3.784). 428.0 cubic inches. The longer stroke made torque: 420 lb-ft at 3,200 RPM. The camshaft was the 390 GT Mustang's hydraulic flat-tappet grind, not the 427's solid-lifter race cam. Two-bolt main caps. Nodular iron crankshaft. The cylinder heads were Medium Riser 427-style castings but with the 390's 14-bolt exhaust manifold pattern, which allowed the engine to fit between the Mustang's shock towers where the 427's wider exhaust manifolds would not clear. The 355-HP rating at 5,400 RPM was conservative. Shelby enthusiasts estimate the real number at 400 to 410 HP.
The 428 PI was also the cheapest big-block FE Ford built. Hydraulic lifters meant no valve adjustments. A mild cam meant smooth idle and good vacuum for power brakes and accessories. The block used production tooling. Shelby chose it because it was available, it was affordable, and it fit. Then he made it look exotic with the 427's intake manifold and dual Holleys. The visual statement was as important as the performance. An oval air cleaner with COBRA LE MANS lettering and finned aluminum valve covers told everyone at the stoplight that this wasn't a standard Mustang. The fact that the bottom end was a police car engine was Shelby's secret.