I helped in some parts of the build of
CSX 7029.
The price likely reflects the dealer wanting to get his fair share of what the owner wants out of the car.
AFAIK, the car still resides in the owner's garage here in Michigan.
The owner was seriously injured in a motorcycle crash last year, and may be giving up racing. They are also
quite busy doing a rack-n-pinion steering conversion on their
other Cobra,
CSX 2045.
CSX 7029 is a fast, well-built car, with all premium components. No short cuts taken. It's most likely
registered in MI as a 1964 Cobra (just like SAI's MSO said), but we all know it wasn't built in 1964.
Not sure how that might work out in CA.
regards,
Jeff