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Old 10-03-2010, 05:14 PM
Historybuff Historybuff is offline
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Default Lee Iacocca was the man who said "yes" first

When Shelby brought the first prototype to Dearborn
and presented it to a few Ford brass, it was Lee Iacocca
who was impressed with his zeal and said "yes" and got him the first
$25,000 which allowed Shelby to order car no. 2. So although all the other people were important, without Ford's backing the Cobra would have been a one off car. Iacocca eventually got so much publicity re the Mustang success (cover of TIME magazine, etc.) that Henry Ford II summoned him to his office and fired him on the spot
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