First Shelby Cobra sells for $17.7-million

SA Hot Rods|Edition 108

First Shelby Cobra sells for $17.7-million
Classic Ferrari race cars often steal the show at the world’s most prestigious car auctions, but not this year at Pebble Beach.

Classic Ferrari race cars often steal the show at the world’s most prestigious car auctions, but not this year at Pebble Beach.

The very first Cobra built by Carroll Shelby, which was used as his personal car and development prototype, sold for $17.69 million ($13.75-million U.S.) including auction fees at RM Sotheby’s Monterey sale over the weekend. The Shelby CSX 2000, which shocked the world in the 1960s, is now the most expensive American car ever sold at auction.

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Edition 108