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Unique Shelby Cobra nets 5.5 Mil at Auction

This is a discussion on Unique Shelby Cobra nets 5.5 Mil at Auction within the General Discussion forums, part of the Everything But Cigars category; I thought I'd post this for you Shelby buffs. I watched a little bit of the auction on the speed ...

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Old 01-22-2007, 04:35 PM   #1
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Unique Shelby Cobra nets 5.5 Mil at Auction

I thought I'd post this for you Shelby buffs. I watched a little bit of the auction on the speed channel but I didn't see this one

Frank

SCOTTSDALE, Ariz. - An 800-horsepower Shelby Cobra, once the personal car of the racing veteran who developed the iconic sports car, has sold for $5.5 million at auction, a record for an American car.
The sale of the 1966 Shelby Cobra "Super Snake" brought a packed house to its feet Saturday at the Barrett-Jackson Collector Car Auction after a pair of bidders drove the price up.
Carroll Shelby, 84, who created the Cobra in the '60s using Ford engines and a British sport car chassis, said he built the Super Snake — with twin superchargers on a 427 cubic inch V-8 — and drove it for years.
"It's a special car. It would do just over three seconds to 60 (mph), 40 years ago," Shelby told the crowd before the sale.
"I killed a buzzard with it," he said. "Nasty, nasty."
The car had a twin, built for comedian Bill Cosby, but that car was destroyed in an accident while being driven by another owner, according to the Barrett-Jackson Web site.
Barrett-Jackson said the $5.5 million price tag for the Cobra was not an overall world record car price, since others have sold at auction for more than $11 million. However, it is a world record for American cars, said Steve Davis, Barrett-Jackson president.

The winning bidder was car collector Ron Pratt of suburban Chandler. Last year, he paid $4.32 million for the Futureliner, one of 12 futuristic buses used for shows in the 1940s and '50s by General Motors.
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Old 01-22-2007, 04:40 PM   #2
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Re: Unique Shelby Cobra nets 5.5 Mil at Auction

Michael Schumacher recently bought a Shelby Daytona Coupe (about a month ago) for several million USD. I wonder if his purchase set the baseline for what this Cobra would be worth?
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Old 01-22-2007, 04:49 PM   #3
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Re: Unique Shelby Cobra nets 5.5 Mil at Auction

Spent many hours watching the Barrett-Jackson Auction this weekend. Couldn't turn it off.

Man...I remember alot of those cars! A '71 Chevelle SS was one of my first cars!
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Old 01-22-2007, 04:50 PM   #4
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Re: Unique Shelby Cobra nets 5.5 Mil at Auction

All I have to say is...


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Old 01-22-2007, 04:55 PM   #5
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Re: Unique Shelby Cobra nets 5.5 Mil at Auction

Quote:
Originally Posted by mosesbotbol View Post
Michael Schumacher recently bought a Shelby Daytona Coupe (about a month ago) for several million USD. I wonder if his purchase set the baseline for what this Cobra would be worth?
The Barrett-Jackson auction what can I say.. I watched several hours of it. check out the 67 gallery.

http://67shelby.vze.com/
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