Vehicle Crime Squad investigate theft of rare $400K Mustang

Detectives from the Vehicle Crime Squad are appealing for information following the theft of a rare and distinctive Ford Mustang from Ferntree Gully earlier this month.

The 2021 Ford Mustang Shelby GT500KR, registration 900KR, is valued at approximately $400K and is the only one of its kind in Australia.

At 3.45pm on Wednesday, 11 October, two men can be seen on CCTV loitering out the front of Mustang Motorsport, a car specialist located on Hayward Road in Ferntree Gully.

The duo briefly leaves the area before one of the men, wearing a blue jumper, black trackpants, black baseball cap and sunglasses, walks through the gate, enters the Ford Mustang and drives off.

Vehicles were being moved in and out of the showroom at the time, and the key was accessible.

The Mustang is then captured on CCTV heading north towards Burwood Highway.

Just prior to the theft the two men stop at a fast-food premises on Burwood Highway, where one of the men reaches behind the counter and takes a drink without paying.

Investigators are today releasing CCTV and images of the vehicle and of two men they believe can assist with their enquiries.

The first man is described as Caucasian in appearance, with a slim build and approximately 190cm tall.

He is wearing a blue jumper, black trackpants, black baseball cap and sunglasses.

The second man is described as Asian/Polynesian in appearance, with a slim build and approximately 160cm tall.

He is wearing a blue t-shirt, black trackpants, a grey hooded jumper and sunglasses.

The Mustang is charcoal in colour, with a distinctive blue stripe over the driver and passenger side doors and bearing the words ‘GT 500KR’. It also has a rear spoiler.

The vehicle is a rare Shelby GT 500KR edition and has a Cobra badge on the front grill. There is also a ‘KR’ badge on the rear panel.

A Mustang Motorsport sticker is visible on the top of the front windscreen.

At the time it was stolen, the car was bearing the registration plates 900 KR.

Police are asking people to keep a look out for the distinctive vehicle and expect it may have travelled anywhere across Melbourne, or potentially interstate.

Anyone with information on the two men in the CCTV or who has seen the vehicle is urged to contact Crime Stoppers on 1800 333 000 or submit a confidential report online at www.crimestoppersvic.com.au.

Quotes attributable to Detective Senior Constable Michael Gatt, Vehicle Crime Squad:

“This was an utterly brazen theft of someone’s prized possession and done in broad daylight.

“This is someone with a great love of vehicles who has worked hard to build this car and has had it taken away from him.

“It’s an incredibly rare car, and it is very distinctive – we would encourage anyone who has seen it, or who recognises the two men in the CCTV to come forward and contact police.”

/Public Release. View in full here.