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HomeThe MarketShelby’s own 427 Cobra sells for $5.94 million

Shelby’s own 427 Cobra sells for $5.94 million

Mecum’s Kissimmee, Florida, auction concludes January 16

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Carroll Shelby’s own 427 Cobra roadster, a car he owned from new until his death in 2012 at age 89, sold for $5.94 million January 15 at Mecum Auctions’ huge annual collector car sale in Kissimmee, Florida, the auction company reported.

“Shelby restoration expert Peter Klutt spent between 2,000-3,000 hours restoring the 1965 Shelby 427 Cobra Roadster that was built and owned for 46 years by Carroll Shelby, and it sold today in mere minutes for $5.94 million at Mecum Kissimmee 2021, the world’s largest collector car auction,” Mecum Auctions said in a brief statement. 

The car features a couple of special changes made by Shelby, including a more powerful aluminum-head 427 side-oiler V8 engine and an automatic transmission that made it easier for the aging automotive icon to drive the car.

The auction, taking place at Osceola Heritage Park, continues through January 16. The Mecum team then moves further south in Florida for the Muscle Car City museum collection auction January 22-23 at Punta Gorda.

For details, visit the Mecum Auctions website.

Larry Edsall
A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

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