Carroll Shelby’s personal 427 Cobra since new until his death has sold within minutes of going on sale for a staggering $5.94 million after being offered at a Kissimmee auction on Friday 15 January 2021.
The beautiful 1965 Shelby 427 Cobra, CSX3178, is highly regarded as one of the crown jewels of the entrepreneurial American automotive designer and racing driver, Carroll Shelby who owned the car since it was assembled in March 1966 until his passing in May 2012.
Not only is the amazing powerhouse rare, just five 427 Cobras finished in gorgeous Charcoal Gray, it’s also been the subject of an incredible 2000 – 3000 hour Concours restoration program to exact 1965 specifications by renowned Cobra restorers Legendary Motorcar Company (LMC).
427 Cobra Gallery
The classic Cobra was originally restored 1972 by specialist Mike McCluskey who also repainted the car in Guardsman Blue with a gold nose which it remained until Shelby felt he needed more horsepower and installed an aluminium-head 427 side-oiler engine with an automatic transmission. Fast forward to 2002 and the spray guns were at work again but this time it was the home crew at Shelby American in Las Vegas, Nevada, repainting Carroll Shelby’s famous Cobra in red.
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2016 marked the beginning of perfection as the car is purchased and there begins the complete ground-up Concours restoration by restorers LMC, who returned it to the authentic Charcoal paint colour and 427 configuration with a 4-speed.
This particular Cobra is the big brother to CSX2000, the original small-block Cobra which recently sold for almost $14 million – it is the only 427 Cobra Carroll Shelby owned from new until his death 10 May 2012.
Watch the sale…
Images courtesy of Mecum Auction