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Rare 1965 Shelby Cobra could set record for most expensive car sale.


Shy Guy

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A rare 1965 Shelby Cobra is expected to fetch between $10 million and $15 million at auction on May 15th, according to organizers. The car will almost certainly surpass the U.S. record of $5.5 million for a 1966 Shelby Cobra 427 Super Snake. There’s also a chance it could set a new world record, if it exceeds the $11 million paid for a 1961 Ferrari California Spyder.

 

 

Described as an “American jewel,” the car was the first U.S.-made race car to ever beat Ferrari [/url]in world racing championships in Europe. While it is expected to attract interest worldwide, many American car enthusiasts hope it remains on U.S. soil upon sale.

 

 

The coupe was hand built and one of only six ever made. Mecum High Performance Auctions will put the car on the block in Indianapolis on May 15, 2009.

 

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Source: http://www.leftlanenews.com/1965-shelby-cobra-auction.html______________________________________________________________

 

 

All I gotta say that its worth the money :D

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  • 3 weeks later...

Shelby Daytona Coupe a $6.8 million no-sale at Mecum auction

 

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There was plenty of hype leading up to Mecum's Spring Classic Auction this weekend, and rightfully so. Up for grabs was the 1965 Shelby Daytona Coup -- one of six ever made -- that clinched the FIA World Championship. Bidding was expected to reach into eight figures, with the potential to break several records for cars sold at auctions.

 

In a packed house filled with excited bidders and spectators, the Daytona Coupe finally crossed the block last night. Bidding started at a respectable $4 million, quickly went to $5 million, $5.5, and then $6.5. Then bidding slowed, eventually stalling out at $6.8 million. An astronomical sum of money, but not enough to reach the reserve price. With no one willing to bid higher, the Daytona Coupe rolled away unsold. However, Dana Mecum was confident that the car would eventually sell, saying "I'll think we'll get a deal done by the end of the weekend," but unfortunately no auction records were broken.

 

Several other notable Shelbys were no-sales as well, including a 1964 Cobra 289 competition model that reached $1.3 million, a 1963 Cobra 289 with a high bid of $525,000, and a 1966 Cobra 427 S/C that also hit the $1.3 million mark without finding a new buyer. The top sale of the auction was a 1966 Ford GT40 that went for a gavel price of $2,300,000.

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Not such a success, huh? :(

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