Supercharged 1999 Shelby Series 1 from racer Tony Stewart’s collection

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The Series 1 was designed by Carroll Shelby and produced by Shelby American

Long after the heyday of the original Shelby 289 and 437 Cobras, Carroll Shelby and his crew at Shelby American produced a sports car called the Shelby Series 1 that he designed from the ground up, unlike the Cobras that started as British AC Ace roadsters and were re-engineered with American V8 power.  Or unlike Ford Mustangs that were tweaked into becoming Shelby GT350s and GT500s.

The Pick of the Day is a 1999 Shelby Series 1 powered by a supercharged Oldsmobile Aurora V8, with just a minuscule number of miles on its odometer and coming from the collection of a rock-star-champion race driver.

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“This incredibly special car comes directly out of the private collection of Racing Hall-of-Famer, 3-Time NASCAR Cup Series Champion, IndyCar Champion, and USAC Triple Crown Champion, Tony Stewart,” according to the Rancho Cordova, California, dealer advertising the car on ClassicCars.com. “Along with a storied racing career, ‘Smoke’ also has excellent taste in collector cars.

“This Series 1 (CSX5197) has seen just 356 original miles since new, making it likely the lowest mileage example in existence.”

Only 249 of the Series 1 sports cars were built for just the 1999 model year, and only a handful came with the supercharged V8s.   Forced induction boosted horsepower to around 600, enough to propel the 2,500-pound car to 60 mph in a supercar time of 3.2 seconds. 

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“Thanks to a body made of lightweight composite materials and an all-aluminum monocoque chassis, these cars have an amazing power-to-weight ratio and one of the stiffest chassis in the world,” the seller notes.

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The Series 1 had an unfortunate hard-luck existence, first hampered by costly DOT regulations and then thwarted completely by the sale of Shelby American to a gaggle of venture capitalists. Even after Carroll Shelby reclaimed the rights to the Series I for his new company, Shelby Automobiles, Inc., in 2004, more homologation issues stood in the way so that just a small number of component cars were subsequently built.

This Series 1 with its ridiculously low mileage is essentially a brand-new 20-year-old car that likely will need some sorting after its long hibernation; the ad does not say whether that work has been done to make the car road ready. 

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Whatever the case, this is one special Shelby on several levels, and most-likely well-worth the asking price of $199,999, or one buck less than $200 grand.

To view this listing on ClassicCars.com, see Pick of the Day.

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Bob Golfen is a longtime automotive writer and editor, focusing on new vehicles, collector cars, car culture and the automotive lifestyle. He is the former automotive writer and editor for The Arizona Republic and SPEED.com, the website for the SPEED motorsports channel. He has written free-lance articles for a number of publications, including Autoweek, The New York Times and Barrett-Jackson auction catalogs. A collector car enthusiast with a wide range of knowledge about the old cars that we all love and desire, Bob enjoys tinkering with archaic machinery. His current obsession is a 1962 Porsche 356 Super coupe.

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