Category Archives: 2008 Press Release

PLANET COBRA HELPS SHELBY AND MUSTANG OWNERS SECURE MARKET VALUE AT LAS VEGAS BARRETT-JACKSON

LAS VEGAS – November 17, 2008 - Stephen Becker, president and CEO of Planet Cobra, a factory-authorized Shelby Automobiles dealership, was tapped for his expertise by the owners of a 1967 Shelby GT500 E Super Snake Fastback and 1967 Ford Mustang Custom Fastback to help maximize their auction block value during the recent Barrett-Jackson Auction in Las Vegas. Planet Cobra sells authentic new and collector Shelby Cobras, Shelby Mustangs, as well as supports Shelby parts and restoration programs for enthusiasts and collectors worldwide.

“Even though the financial climate is full of invariables, collectible performance vehicles continue to be seen as a long-term investment by many enthusiasts,” noted Becker. “This is because muscle and performance car collectors are will sacrifice in other areas of their lives in order to enjoy their true passion. The figures that my clients’ Mustang and Shelby fetched during the Barrett-Jackson Auction in Las Vegas demonstrated this historical trend.”

Becker was tapped to represent two significant vehicles for the inaugural Las Vegas auction. The first was an authentic ’67 Shelby GT500 E Super Snake, which is only one of three in its unique color combination. It is also the only GT500 E Super Snake Continuation Shelby to be released with the original ’67 hood, the engine engraved with Shelby’s name and the radiator and fender tag engraved with the serial number. The car, which was built and licensed by Carroll Shelby, has only 854 miles since it was completed and includes induction and cooling upgrades. The Super Snake sold at the event for $187,000, placing it among the top cars sold during the week.

“I’ve been fortunate to represent some very fine Shelby Mustangs over the past 33 years,” said Becker. “After a complete inspection and analysis of the Super Snake, I knew it was a special find, particularly because of the car’s exclusivity. Through research, I was able to determine the car’s history and found that while 75 of these Super Snake models were planned, only 35 were actually built. Understanding the background of this Super Snake certainly provided added value to my client.”

The second vehicle Becker represented during the auction was a ’67 Ford Mustang Custom Fastback. The “S” code muscle car was transformed to a Shelby GT500 re-creation, which includes difficult to find in-board lights. The build was outstanding and includes all of the authentic Shelby parts, including the period correct 428 Police Interceptor engine with two 4-barrel carbs. The Fastback also includes a correct top-loader, 4-speed and 3.25 ratio rear end. The vehicle sold for $67,100.

“I can appreciate why the consignor asked Stephen to explain the unique value of each of these cars when they crossed our auction block,” added Steve Davis, president of the Barrett-Jackson Auction Company. “It is a very wise thing to work with a recognized expert when authenticating vintage Shelby’s and Mustangs, as well as any collector vehicle. Potential buyers appreciate the fact that the provenance and authenticity of a vehicle are represented accurately, and as a result provide additional confidence to bid accordingly. Stephen’s expertise was a valuable asset in obtaining optimum value for these two special cars”.

ABOUT PLANET COBRA

Planet Cobra is the most trusted resource for buying and selling genuine Shelbys today. The company has been in the business for over 30 years and has access to unlimited contacts, databases and insider information that can help enthusiasts buy or sell a Shelby Cobra or Mustang at the best possible price.

Stephen Becker, well-known and respected Shelby expert, is one of the most prolific authorities on Shelby automobiles. His expertise and in-depth knowledge has been tapped by clients to purchase, consign and restore original Shelbys. Becker has been retained by key auto groups and leaders to authenticate and value Shelby vehicles. More information is available at www.goplanetcobra.com.

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FIRST MID-AMERICA FORD PERFORMANCE AND TEAM SHELBY MEET TO WELCOME AMERICAN LEGENDS TO THE HEARTLAND

TULSA – June 5, 2008 - A group of America’s greatest automotive performance legends will help make the first Team Shelby Nationals one of the most spectacular automotive events of the year. Icons Carroll Shelby, Tom Yeager, Alan Grant and Bill Neale will appear at various times throughout the event on June 12-15, 2008, at the Mid-America Ford Performance and Team Shelby Nationals in Tulsa, Okla. Over 30,000 people are expected to attend the evolution of what has been the pre-eminent Ford and Shelby show during the past 34 years to see Mr. Shelby and the other stars.

“Shelby Automobiles only wants to partner with the best, so it was natural for us to team with the wonderful people at the Mid-America Ford Performance and Shelby Meet to create the Team Shelby Nationals,” said Carroll Shelby, founder of Shelby Automobiles and the first member of Team Shelby. “The goal was to create an event that would deliver more ways for Shelby enthusiasts to enjoy a high-octane lifestyle. Working with Jim Wicks, Randy Roberts and David Apgar, we’ve created a weekend that will show all of the Shelby, Ford and Mustang fans across the country how much we appreciate them with lots of fun activities to enjoy their cars.”

The longest-running, multi-faceted event of its kind, the Mid-America Ford Performance and Shelby Meet began as a picnic hosted by Jim Wicks and a group of diehard enthusiasts in 1974. Today, it has blossomed into a multi-day event with drag racing, road racing exhibitions, a trade show, a cruise night, car show and a banquet. The agreement with the event organizers was finalized earlier this month.

“Over the years, some of the most important people, companies and cars have been part of the Mid-America Meet,” said event founder and organizer, Jim Wicks. “With the evolution of the event to include the Team Shelby Nationals, we’ll have the highest profile people and most important companies represented at the event this year. We’re especially pleased that high ranking executives with Ford Motor Company, along with Carroll Shelby and his Shelby Autos team will be part of the festivities.”

The Mid-America Ford Performance and Shelby Meet has hosted some of the most famous names in racing. Luminaries that have appeared include Cobra pilots Dick Smith, Lew Spencer and Don Roberts, chassis design engineer Robert Negstad, former SCCA B production national champion Walt Hane, noted automotive artist Bill Neale, designer Larry Shinoda, author and racing driver Rick Titus, SVT Manager John Coletti and Ford executive Robert Parker.

Team Shelby is the only club officially recognized by the factory for all vehicles built by Shelby. The organization is directed by Robert Lane and Sharon Elliott. Members don’t need to own a Shelby to be a member, just share a “life needs more” attitude and celebrate all high performance Shelbys.

“We launched the club on Mr. Shelby’s 85th birthday in January this year and will move into the fast lane during this event,” added Mr. Lane. “In just a few months, we’ve attracted over 2,400 members. We expect most of them to be part of the historic first Team Shelby Nationals along with the tens of thousands of other Ford and Shelby fans. Our goal is to make this the template for other regional and local activities to help members maximize the pleasure of owning a Shelby car.”

The 2008 Nationals currently will feature:

  • High Performance Shelby driving school on Wednesday at Hallett Motor Racing Circuit
  • 3 days of open track action at Hallett Motor Racing Circuit from Wednesday – Friday
  • Car cruise on Thursday evening in Tulsa
  • 1 day of drag racing at Tulsa Raceway Park on Saturday
  • Banquet on Saturday night
  • Parts swap meet and vendor areas at the track and host hotel
  • Car Show at the Tulsa Southern Hills Marriott on Sunday
  • Autograph session with Carroll Shelby and special guests on Saturday and Sunday

ABOUT TEAM SHELBY

Team Shelby is the only club officially recognized by the factory (www.shelbyautos.com) for all vehicles built by Shelby. The group offers a wide variety of activities, ranging from track days to factory tours. The enthusiast community features a cutting-edge Web site hosting videos, forums, podcasts, exclusive news and briefings; an on-line Shelby registry is also planned. Information is available at www.teamshelby.com and www.midamericafordmeet.com.

ABOUT PLANET COBRA

Planet Cobra is the most trusted resource for buying and selling genuine Shelbys today. The company has been in the business for over 30 years and has access to unlimited contacts, databases and insider information that can help enthusiasts buy or sell a Shelby Cobra or Mustang at the best possible price.

Stephen Becker, well-known and respected Shelby expert, is one of the most prolific authorities on Shelby automobiles. His expertise and in-depth knowledge has been tapped by clients to purchase, consign and restore original Shelbys. Becker has been retained by key auto groups and leaders to authenticate and value Shelby vehicles. More information is available at www.goplanetcobra.com.

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FORD AND SHELBY TO BUILD 2009 SHELBY GT500KR MUSTANGS TO MEET WORLDWIDE DEMAND

DEARBORN, Mich. – March 10, 2008 - To compliment the one-thousand 2008 40th-Anniversary Edition Shelby GT500KR “King of the Road” Mustangs, Ford and Shelby Automobiles announce that an additional 746 units will be built for the 2009 model year to help meet worldwide demand of the supercar. Of that total, 571 units will be available for U.S. customers thus equaling the 1,571-unit production run of the original Shelby GT500KR. The remainder of the units will be for countries that did not receive 2008 models, including Canada.

“The response to this car has been overwhelming, so I’m glad we can share it with more Mustang enthusiasts,” said Carroll Shelby. “This car is really special to me and demonstrates that when Shelby Automobiles gets together with Ford SVT and Ford Racing, we can deliver a Mustang that will compete with the best in the world.”

Like the 40th-Anniversary limited edition, the 2009 Shelby GT500KR will feature a 540-hp 5.4-liter supercharged V-8 with a Ford Racing Power Upgrade Pack, 3.73:1 rear axle ratio, short-throw shifter, and unique suspension tuning. Exterior design draws inspiration from the classic Shelby KR Mustangs and features unique carbon composite hood, wheels, and unique striping.

The unique 40th Anniversary badging will only be featured on the 2008 special edition.

The Shelby GT500KR or “King of the Road” Mustang is the fourth limited-edition Mustang that Shelby Automobiles and Ford have brought to market since resuming their collaboration in 2001. It builds on the performance and success of the 500-horsepower Shelby GT500 – the most powerful production Mustang ever.

“If you drive a Shelby Mustang, you are part of something special: a 40-year history of legendary racing and street cars,” says Robert Parker, Ford Division Car group marketing manager. “That’s what is driving interest in the GT500KR among enthusiasts around the world.”

The 2008 Shelby GT500KR began production on Carroll Shelby’s 85th birthday on January 11 earlier this year. As production ramps up to launch, enthusiasts can expect to see the first GT500KRs arrive in dealers this spring.

Each Shelby GT500KR begins life as a GT500, built at AutoAlliance International Inc., in Flat Rock, Mich. From there, the cars are shipped to the Shelby Automobile facility in Las Vegas, where a Ford Racing Performance Pack, exhaust system and short-throw shifter are installed. The GT500KR also is fitted with unique body, chassis and interior components. Every GT500KR will be hand customized and delivered to each customer in an enclosed transporter, just like the legendary Ford GT.

The strong demand for the new Shelby GT500KR was recently demonstrated at the Barrett-Jackson Collector Car Auction in Scottsdale, Arizona where a one-of-a-kind version built with a glass-roof was auctioned off for charity. The GT500KR sold with a winning bid of $550,000, which went toward helping the Juvenile Diabetes Research Foundation.

ABOUT PLANET COBRA

Planet Cobra is the most trusted resource for buying and selling genuine Shelbys today. The company has been in the business for over 30 years and has access to unlimited contacts, databases and insider information that can help enthusiasts buy or sell a Shelby Cobra or Mustang at the best possible price.

Stephen Becker, well-known and respected Shelby expert, is one of the most prolific authorities on Shelby automobiles. His expertise and in-depth knowledge has been tapped by clients to purchase, consign and restore original Shelbys. Becker has been retained by key auto groups and leaders to authenticate and value Shelby vehicles. More information is available at www.goplanetcobra.com.

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2008 FORD SHELBY GT WINS MOTOR TREND PONYCAR WAR

LAS VEGAS – March 4, 2008 - Shelby and Ford once again proved to be a winning combination when Motor Trend announced the champion of its “Pony Expressed” comparison test in its April 2008 issue. When the 2008 Ford Shelby GT Mustang was challenged on the basis of performance and value, the Shelby GT smoked the competition from Roush and Saleen. The 2008 Shelby GT is built by Shelby Automobiles, Inc., a wholly owned subsidiary of Carroll Shelby International Inc., (CSBI.PK) and sold through Ford dealers across the United States.

“The Shelby GT is a well-balanced, fun to drive machine that draws upon our experience of making Mustangs go faster,” said Amy Boylan, president of Shelby Autos. “Every lesson we learned while earning our stripes over the past 46 years is built into these ponycars. The competition was fierce with three very good cars in this test, so I’m proud that the Ford Shelby GT has earned another victory for both Team Shelby and every Ford Shelby owner.”

Motor Trend assembled a normally aspirated Mustang from Shelby, Roush and Saleen for their test. All of the cars were base models with optional upgraded wheel/tire packages and brakes. The cars were put through their paces on the street, strip and road course.

“Our idea was to round up Mustangs from the three companies with strong factory ties to Ford,” stated Matt Stone, Executive Editor of Motor Trend. “Saleen has been producing modified Mustangs for nearly 25 years. Jack Roush’s connection to Ford began with drag racing several decades ago. And Carroll Shelby’s involvement with the Blue Oval needs no introduction. While all three outfits have high buck, supercharged offerings atop their lineups, we focused on the more affordable, naturally aspirated models in order to get a feel for what can be done with the Mustang GT without spending a fortune.”

Once the smoke cleared, the Shelby was firmly in the winner’s circle. The car posted the best time in the figure 8, had the best lateral acceleration, was the fastest to 80 MPH and the lightest in the group. Motor Trend lauded the Shelby GT for its crisp turn-in, fade-free brakes, responsive throttle and tenacious grip. The editors also declared the Shelby GT’s looks as the most striking. Its dyno test showed that the Shelby actually made more horsepower and substantially more torque than the company advertises.

“These three players were similar in some ways, different in others, which is interesting since they all are based on the same car,” noted Stone. “Besides our usual round of track tests, we put them on a dyno, to verify horsepower and performance claims. While the Roush and Saleen each had a few standout features, we felt the Shelby GT was the most cohesive package, delivering the best combination of components, style and bang for buck.”

The Shelby name has stood for performance since Carroll Shelby began building cars in 1962. The company builds a limited number of 427 and 289 Cobra component cars; customers may choose from contemporary Ford Mustang models like the Shelby GT, Shelby GT500 and the Shelby GT500KR. Post title packages include the Shelby GT500 Super Snake and Terlingua Racing Team.

“The Shelby Team builds a wide range of cars for real enthusiasts,” added Amy Boylan, president of Shelby Autos. “Each vehicle is designed to be fun, well-engineered, distinctive and exclusive. Our Cobra continues to be the most emulated car in the world today. The new GT500KR is truly the ‘King of the Road’ while the 2008 Shelby GT offers muscle car fans tremendous value. We literally offer a Shelby for every serious performance fan.”

ABOUT SHELBY AMERICAN

Founded by legend Carroll Shelby, Shelby Automobiles, Inc., (www.shelbyautos.com) manufactures and markets performance vehicles and related products. Shelby Automobiles is a division of Carroll Shelby International, Inc. (CSBI.PK). Carroll Shelby Licensing Inc. (www.carrollshelbyinternational.com), also a wholly owned division, is the exclusive holder of Carroll Shelby’s trademarks and vehicle design rights. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles.

ABOUT PLANET COBRA

Planet Cobra is the most trusted resource for buying and selling genuine Shelbys today. The company has been in the business for over 30 years and has access to unlimited contacts, databases and insider information that can help enthusiasts buy or sell a Shelby Cobra or Mustang at the best possible price.

Stephen Becker, well-known and respected Shelby expert, is one of the most prolific authorities on Shelby automobiles. His expertise and in-depth knowledge has been tapped by clients to purchase, consign and restore original Shelbys. Becker has been retained by key auto groups and leaders to authenticate and value Shelby vehicles. More information is available at www.goplanetcobra.com.

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