Sold for $935,000 at 2007 RM Auctions
Dave MacDonald drove car CM/1/63 during the 1963 Fall Series. The other car, CM/3/63 was driven by Bob Holbert who drove the car in 1963 and in the 1964 USRRC. Holbert retired during the season, so driving responsibility was passed to Dave MacDonald, Ken Miles, Augie Pabst, Skip Scott, Ed Leslie, and Ronnie Bucknum.
The car was sold in 1966 to Alex A. Budurin of Tucson, Arizona. He passed away before taking possession and his widow sold it to Dwayne Zinola of Sunnyvale, California in 1967. By this time, the car had been equipped with a five-speed ZF gearbox. It was driven by Zinola in SCCA Competition and captured a National Championship.
Ownership passed to Don Ivy, who kept the car for a while before selling it to Robert N. Green of Santa Cruz, California in 1970. Green had the car authenticated by Carroll Shelby and then undertook a complete restoration, which was completed in 1991. He sold it in 1996.
This car is finished in Viking Blue livery with double white stripes. It still retains the ZF five-speed gearbox and many parts of the vehicle are still original. The original engine was blown by Don Ivy but a few of the original mechanical components, such as the four-Weber intake, oil pan, and valve covers are still original.
This 1963 Shelby King Cobra Cooper Type 61M Monaco-Ford was offered for sale at the 2007 RM Auctions held in Amelia Island, Florida. It carries chassis number CM/3/63 and was driven by a few of America's best drivers in the USRRC competition. The car was offered without reserve and estimated to sell between $600,000 - $900,000. It is powered by a Ford 289 cubic-inch V8 engine capable of producing around 400 horsepower. There are four-wheel disc brakes and four-wheel independent suspension.
At auction, this car surpassed the estimated value and was one of the high sellers of the day. Bidding was energetic, and climbed to an impressive $935,000.
In 2008, this Shelby Cooper-Monaco King Cobra was offered for sale at the Gooding & Company Auction held in Pebble Beach, Ca. It was estimated to sell for $1,500,000 - $1,800,000. Bidding failed to satisfy the vehicle's reserve and the lot was left unsold.By Daniel Vaughan | Mar 2009
In 1963, Carroll Shelby decided to enter the USRRC Pro Sports Car Championship. He realized that his front-engined Cobras would not be competitive against the new rear engine race-cars.
Shelby ordered two Cooper Monaco's that had been strengthened for V8 engines. This car, CM/1/63 was the first to arrive at the Shelby shop, where it was fitted with a Cobra 289 engine and a Huffaker transaxle.
The first race, at Kent, Washington, had driver Dave MacDonald leading when the car overheated. A larger radiator was fitted, and MacDonald subsequently drove CM/1/63 to victory at the Riverside L.A. Times Grand Prix, and at Laguna Seca, winning the overall USRRC Championship for 1963.
In 1964, it was slightly modified and raced prior to the availability of the 1964 King Cobras. At Nassau, MacDonald DNF'd, but won the year's first USSRC race at Augusta. Ken Miles, Bob Holbert and other Shelby drivers also drove the car.
Following Dave MacDonald's untimely death at the 1964 Indy 500, the car was sold to Charlie Cox of St. Paul Minnesota. Cox drove it to several victories at SCCA races in the Midwest. He finished 12th at the 1964 Riverside Grand Prix.By Daniel Vaughan | Jun 2007