CSX 2000 To B Auctioned

[RodKnock]

I heard Bernica's dad was on the "grassy knoll" too.

[Bernica]

Originally Posted by RodKnock

I heard Bernica's dad was on the "grassy knoll" too.

Yeah, and he invented penicillin and cured polio one weekend too!

[cycleguy55]

There may be a problem with the CSX2000 auction!

Court Hearing Set for Day Cobra CSX2000 Hits the Auction Block - King Cobra Lounge - King Cobra Forum - "...a restraining order/injunction hearing is now set for that same day, 19 August @ 8:30 AM in Los Angeles, Calf. due to a lawsuit filed by Mrs. Cleo Shelby.

In relation to the same case, in court filings and IRS records, part of Mrs. Cleo Shelby's lawsuit demands to know why alleged large amounts of money are being spent from the foundation's coffers while an extremely small amount is being spent on charitable causes - the reason of the foundation's existence."

[Bernica]

"Send Lawyers, Guns and Money...The Sh$t Has Hit the Fan!"
-Zevon

[BevanWright]

Damn, I might not be able to buy it now.

[twobjshelbys]

The site was down so here is the final update

The car sold for $12.5M (plus fees).

It was bought by Greg Miller, son of Larry H Miller, well known Shelby collector.

The car will make its first public appearance at the Shelby American Collection annual fundraiser on 3-Sep in Boulder. Since the Miller track has been sold and the museum closed most of the collection has been moved to Boulder, so there is a good chance this will be it's (semi-) permanent home.

[NewYorkGuy]

$12.5mil? Would you Cobra experts say that is a bargain?

[RodKnock]

$13.75 Million with auction fees. I guessed $5-10 Million. No bargain IMO. And not even close to the big "Ferrari money" either.

[jolsen42]

Originally Posted by RodKnock

$13.75 Million with auction fees. I guessed $5-10 Million. No bargain IMO. And not even close to the big "Ferrari money" either.

But it still is the highest price ever for an American car. I think the Previous high was $11,338,000.00 million for a GT 40. So I says, "Not Bad" for the chicken farmer!

John O

[twobjshelbys]

Does anyone remember the number they used on the tour for what CS was offered from a private buyer? I recall hearing 25M.

[mrmustang]

Originally Posted by twobjshelbys

Does anyone remember the number they used on the tour for what CS was offered from a private buyer? I recall hearing 25M.

I can confirm that some 12-14 years ago, CS did indeed turn down a cash offer of $25M for the car from "an overseas buyer".

At this time, CSX2000 is the highest selling small block Cobra in the world. However, don't look at it as a plus, as the secondary market for these cars has taken a hit in the last 15 months, and I suspect only cars with "ownership or race history" will be maintaining their value. All other owners may have missed the peak of the selling market.

Just my two cents worth.


Bill S.

[rodneym]

Cool.
Maybe now the time is right to make my move on a CSX3 for a cool $600k

[mrmustang]

Originally Posted by rodneym

Cool.
Maybe now the time is right to make my move on a CSX3 for a cool $600k

I don't think the market is ready for that big a correction

But a correction has indeed occurred recently

[gthompson]

I heard 26 million when I was on the tour in February

[cycleguy55]

Originally Posted by twobjshelbys

Does anyone remember the number they used on the tour for what CS was offered from a private buyer? I recall hearing 25M.

I seem to recall "Denny" saying $26M on our tour in February 2014, but it may well have been $25M.

[rlmansberger]

Does anyone know the color and color code of CSX 2000?

Rick Mansberger

[cycleguy55]

Originally Posted by rlmansberger

Does anyone know the color and color code of CSX 2000?

Rick Mansberger

Current, original, or one of the many other colours it was painted when Carroll Shelby was having it reviewed by the various automotive journalists?

[A-Snake]

Originally Posted by cycleguy55

Current, original, or one of the many other colours it was painted when Carroll Shelby was having it reviewed by the various automotive journalists?

One of the many urban legends that won't die.
The car was first presented in bare aluminum, then painted yellow. It made the show circuit in yellow. It was then painted blue. It stayed blue until it was recently repainted the same blue.
This was explained in Rinsey Mills autobiography of Carroll Shelby.

[cycleguy55]

Originally Posted by A-Snake

One of the many urban legends that won't die.
The car was first presented in bare aluminum, then painted yellow. It made the show circuit in yellow. It was then painted blue. It stayed blue until it was recently repainted the same blue.
This was explained in Rinsey Mills autobiography of Carroll Shelby.

IF it's an urban legend it was still being told by the tour guides at the Shelby Heritage Center in Las Vegas as late as 2014. The same story is also told in the Sotheby's promo for the auction: "CSX 2000 played a multitude of roles during its early days. As the only one of its kind, it was not only used in testing and development, but also driven by the motoring press, and shown in cities across the U.S. to drum up interest and sales for the fledgling company, Shelby American, Inc. During this time, thanks to clever marketing, Shelby also convinced the public that Cobra production was in full swing; the car was repainted a different color for almost every appearance to give the impression that Shelby had more than one car in their inventory. In reality, it remained the first and only Cobra for seven months." https://www.rmsothebys.com/en/home/m...details/380798

[A-Snake]

You're correct that RM and the "historian" at Shelby American in Las Vegas still tell the 'story'.
Even Arron Shelby (grandson) somewhat related the story just before the auction.
Do a search of CSX2000 paint on Google and you'll see photos, I believe at SEMA, that shows chipped blue paint that exposes the original yellow paint.
Watch the YouTube video of Mills with Leno where it's discussed.

I'd like to see one photo of CSX2000 in any other color than yellow or blue. 😉😊