Free Republic

The Monterey Car Week auctions are where the beautiful members of the landed gentry go to blow obscene amounts of money on cars, and at yesterday’s RM Sotheby’s auction, one of them took Cobramania to new heights. This 1962 Shelby 260 Cobra known as the CSX 2000 just commanded $13.75 million at auction. ... RM Sotheby’s has a ton of detailed information on this legendary car, but it is notable for being the very first Shelby Cobra. It arrived in the U.S. without a motor in February 1962, and Carroll Shelby and his partner Dean Moon then threw in a...

An 800-horsepower Shelby Cobra, once the personal car of the racing veteran who developed the iconic vehicle, has sold for $5.5 million at auction, a record for an American car. ADVERTISEMENT 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...