Two Continuation Car Questions

[Historybuff]

..does that mean there is no company called Shelby-American today?
Why would Shelby "throw away" a name that had so much history built into it by virtue of its achievements. Or was it a necessary thing--to "close out" the books on a company so a new company could be started without any financial liabilities from the past company?

I think it still sounds better to say "my car was built by Shelby American" in the case of his modern replicas than to say "was built by Shelby" but maybe I am wrong and the "American" is not attached anymore.

[computerworks]

It's my understanding that the company, Shelby American, has to be taken down in order to unravel the Series 1 /Venture mess.

It was shut down, they moved across the street and opened under a new name.

[1ntCobra]

Originally Posted by Historybuff

..does that mean there is no company called Shelby-American today?
Why would Shelby "throw away" a name that had so much history built into it by virtue of its achievements. Or was it a necessary thing--to "close out" the books on a company so a new company could be started without any financial liabilities from the past company?

I think it still sounds better to say "my car was built by Shelby American" in the case of his modern replicas than to say "was built by Shelby" but maybe I am wrong and the "American" is not attached anymore.

Wally,

Have you read the book "Snake Bit"?