1964 Shelby Cobra 289 Roadster / CSX2430 Chassis Information

1964 Shelby Cobra 289 photograph

1964 Shelby Cobra 289 photograph

1964 Shelby Cobra 289 photograph

1964 Shelby Cobra 2891964 Shelby Cobra 2891964 Shelby Cobra 289
Roadster
Chassis #: CSX2430
High bid of $1,300,000 at 2009 Mecum - Original Spring Classic Auction - 22nd Year. (did not sell)
Sold for $1,485,000 at 2013 Gooding and Company - Pebble Beach.
Sold for $1,952,160 (£1,176,000) at 2014 RM Auctions - London.
Sold for $1,774,290 (£1,359,000) at 2018 Bonhams : Goodwood Revival.
Tom Payne placed an order for a red Shelby Cobra that was approved on June 18th of 1964 by Jacques Passino, vice president of Ford Motor Company Special Vehicle Division. That June, Shelby American Inc. (SAI) began to build CSX2430 into a factory-specification competition car. The modifications mirrored those of the team cars and included a hood scoop, a chrome roll bar, 6.5-inch Halibrand front wheels, 8.5-inch Halibrand rear wheels, flared fenders, modified wheel wells, Koni shock absorbers, front and rear sway bars, front and rear competition brakes with coil-air scoops, quick jack points, side pipes, dual long range fuel tanks, 3.5-inch Monza snap-open fuel cap, a racing seat, a Sun tachometer, a fuel pressure gauge (in place of a clock), a differential cooler and engine oil cooler, an electric Stewart Warner fuel pump, a cross-mounted aluminum Harrison header tank, and a full race-spec 289 with Webers, 12:1 compression, and a 9-quart oil pan.

On July 30th of 1964, the car was flown to Detroit for delivery. The Competition Roadster was billed to the Ford Motor Company for $9,250 plus delivery. It remained the property of Ford and was subsequently run as a SAI factory-sponsored car. Upon delivery to Payne, the new Cobra was put to immediate use and saw its first outing just two days later. Sadly, the car failed to finish that weekend at the Lynndale Farms SCCA Divisional.

The following weekend, the car took 3rd in the manufacturers' class at Meadowdale. This result was repeated at the USRRC event at Mid-Ohio on August 30th. Nearly a month later, Payne raced it at the Greenwood SCCA Divisional, taking home 1st in A Production.

During the 1964 Speed Week in the Bahamas, Payne raced the car as part of the SAI team. Payne finished 5th overall and 2nd in GT in the Tourist Trophy Race. He finished 9th overall in the Governor's Trophy Race; and finally, in the Trophy race, the he finished 25th overall and 1st in their respective GT grouping.

The first race for the car during the 1965 season was at Mont Tremblant where Payne won 1st in GT. The following month, SAI team drivers Dan Gerber and Tom Yeager ran the Cobra at the USRRC Road America 500 earning 33rd overall and 5th in GT. At the Canadian Grand Prix at Mosport, Payne finished 11th overall. At Mont Tremblant he finished 7th overall. From there, it raced at Nassau, where Bob Grossman drove the Cobra to 5th overall and 1st in GT in that year's Trophy race.

In 1966, Ford sold the Competition Cobra to John 'Scotty' Addison who raced the car that season in SCCA competition before selling it. For the 1967 season, Dan Schlames was the new owner and had it painted yellow. It was also fitted with a full-width roll-bar in red to match the now red side pipes. The car was raced in several local Michigan SCCA events. It would remain in Mr. Schlames care for over a decade before it was offered for sale. Around 1980 it was purchased by Ken Eber of Armonk, New York. It remained in Mr. Eber's care for two years before it was sold to Rick Nagel of Dallas for the sum of $70,000. Mr. Nagel returned the car to its original red appearance and raced the car with some success. In 1984, at the Texas vintage Challenge, he drove the car to an overall victory. Later that year, Carroll Shelby was given the Competition Roadster to drive at the Texas Can-Am Challenge, potentially marking the last time Shelby drove a race car in competition. It set a lap record at the vintage races in Kansas City and achieved three more wins at regional SCCA races in 1984 and 1985.

In 1985, Steven Volk purchased the car. Volk commissioned Bill Murray of Longmount, Colorado, to restore the Tom Payne Cobra. During the work, the car was finished with the intent that it could be vintage raced if desired. It was given a five point harness, a more modern fuel delivery system, a fuel cell, an updated exhaust system, and adjustable A arms. Upon completion of the work, the car was put on display at the Shelby American Collection where it stayed until 2010 when it was acquired by the current owner. Since that time it has seen limited use and has been properly maintained.


By Daniel Vaughan | Dec 2013

2018 Bonhams : Goodwood Revival

Sale Price :
$1,774,290 (£1,359,000.00)

2014 RM Auctions - London

Sale Price :
$1,952,160 (£1,176,000.00)

2013 Gooding and Company - Pebble Beach

Pre-Auction Estimates :
$2,000,000-$2,500,000 
Sale Price :
$1,485,000

2009 Mecum - Original Spring Classic Auction - 22nd Year

High Bid (Lot was not sold)
$1,300,000

2019 3
2018 1
2017 3
2016 3
2015 4
2014 1
2013 4
2012 3
2011 3
2010 3

YearAvg. SaleHigh Sale# of Sales
2019$936,500$1,050,0003
2018$1,774,290$1,774,2901
2017$1,096,333$1,100,0003
2016$1,120,167$1,320,0003
2015$1,013,375$1,155,0004
2014$1,952,160$1,952,1601
2013$1,013,625$1,485,0004
2012$467,475$1,320,0003
2011$521,167$610,5003
2010$699,167$1,595,0003

Recent Sales

(Data based on Model Year 1964 sales)
1964 Shelby 289 Cobra
Chassis#: CSX2271
Sold for $1,045,000
  2019 Gooding & Co. : Amelia Island
 
1964 Shelby 289 Cobra
Chassis#: CSX2210
Sold for $714,500
  2019 Gooding & Company : Amelia Island
 
1964 Shelby 289 Cobra
Chassis#: CSX2246
Sold for $1,050,000
  2019 Gooding & Company : Scottsdale Arizona
 
1964 Shelby Cobra 289ci Competition Roadster
Chassis#: CSX 2430
Sold for $1,774,290
  2018 Bonhams : Goodwood Revival
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby 289 'Lindauer Cobra'
Chassis#: CSX 2344
Sold for $1,100,000
  2017 RM Sothebys : Monterey
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby Cobra 289
Chassis#: CSX2328
Sold for $1,089,000
  2017 Bonhams : Quail Lodge
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby 289 Cobra
Chassis#: CSX2411
Sold for $1,100,000
  2017 Gooding & Co. : Scottsdale, AZ
 
1964 Shelby 289 Cobra 'CSX 2326'
Chassis#: CSX 2326
Sold for $968,000
  2016 RM Sotheby's : Monterey
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby 289 Cobra
Chassis#: CSX 2433
Sold for $1,320,000
  2016 Gooding & Company : The Amelia Island Auction
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby 289 Cobra
Chassis#: CSX 2561
Sold for $1,072,500
  2016 RM Sothebys : Arizona
 
1964 Shelby 289 Cobra
Chassis#: CSX2208
Sold for $902,000
  2015 Gooding & Company : Pebble Beach Concours
 
1964 Shelby 289 Cobra
Chassis#: CSX2390
Sold for $1,155,000
  2015 Gooding & Company - Arizona
 
1964 Shelby 289 Cobra
Chassis#: CSX2436
Sold for $979,000
  2015 Gooding & Company - Arizona
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby Cobra 289
Chassis#: CSX2570
Sold for $1,017,500
  2015 Bonhams : The Scottsdale Auction
 
1964 Shelby 289 Competition Cobra
Chassis#: CSX 2430
Sold for $1,952,160
  2014 RM Auctions - London
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby 289 Cobra Competition Roadster
Chassis#: CSX2430
Sold for $1,485,000
  2013 Gooding and Company - Pebble Beach
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  
1964 Shelby 289 Cobra
Chassis#: CSX2393
Sold for $819,500
  2013 Gooding and Company - Pebble Beach
 
1964 Shelby 289 Independent Competition Cobra
Chassis#: CSX2487
Sold for $925,000
  2013 Mecum Auctions - Monterey
 
1964 Shelby 289 Cobra
Sold for $825,000
  2013 Auctions America - California
 
1964 Shelby 289 Competition Cobra
Chassis#: CSX2290
Sold for $1,320,000
  2012 RM Auctions - Monterey
1964 Shelby Cobra 289 image  1964 Shelby Cobra 289 image  

Vehicles That Failed To Sell

1964 Shelby Cobra 289's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1964 Shelby Cobra 289CSX 23282019 Bonhams : Amelia Island $900,000$1,100,000
1964 Shelby 289 CobraCSX 22162018 RM Sothebys : The Petersen Automotive Museum $850,000$950,000
1964 Shelby Cobra 289CSX 23282018 Bonhams : Quail Lodge $1,100,000$1,300,000
1964 Shelby 289 CobraCSX 23112017 RM Sothebys : London $775,000$900,000
1964 Shelby 289 Cobra CSX 2216CSX 22162016 Auctions America : Auburn Fall$700,000$825,000$875,000
1964 Shelby 289 Cobra CSX 2473CSX 24732016 RM Sotheby's : Monterey $2,200,000$2,600,000
1964 Shelby 289 Cobra Roadster 2016 Mecum Indianapolis   
1964 SHELBY COBRA REPLICA 2012 McCormicks Palm Springs Auction 52$30,000  
1964 Shelby Cobra USRRC RoadsterCSX25572010 RM Auctions Automobiles of Amelia Island$1,275,000$1,500,000$1,900,000
1964 Shelby 427 Cobra Flip-Top RoadsterCSX21962010 RM Auctions Automobiles of Arizona$1,450,000  
1964 Shelby Cobra Era Replica 2009 Mecum Kansas City Auction$41,000  
1964 Shelby Cobra 289 CSX2430CSX24302009 Mecum Original Spring Classic Auction 22nd Year$1,300,000  
1964 Shelby Cobra 289CSX22422008 Dana Mecum's Original Spring Classic Auction$510,000  
1964 Shelby Cobra 289CSX22712008 Dana Mecum's Original Spring Classic Auction   

Comparables

Similar sales to the $788,503 range.
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1964 Shelby Cobra 289 vehicle thumbnail image  1964 Shelby Cobra 289 vehicle thumbnail image  
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1964 Shelby Cobra 289 vehicle thumbnail image  1964 Shelby Cobra 289 vehicle thumbnail image  
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1964 Shelby Cobra 289 vehicle thumbnail image  1964 Shelby Cobra 289 vehicle thumbnail image  
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Chassis#:Chassis#:3315
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Chassis#:Chassis#:198.042.7500282
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Chassis#:Chassis#:WP0CA29815L001145
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Chassis#:Chassis#:DB5/1759/R
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Chassis#:SPA/48/8
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1964 Shelby Cobra 289 vehicle thumbnail image  
2005 Porsche Carrera GT Coupe
Sold for $781,000
2015 Russo & Steele : Monterey
1973 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti
Chassis#:Chassis#:16927
Sold for $792,000
2015 RM Sotheby's : Monterey
1973 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti
Chassis#:16393
Sold for $792,064
2015 RM Sotheby's : Villa Erba
1964 Shelby Cobra 289 vehicle thumbnail image  1964 Shelby Cobra 289 vehicle thumbnail image  
1970 Ferrari 365 GTB/4 'Daytona' Berlinetta
Chassis#:Chassis#:13537
Sold for $783,525
2014 Bonhams : Goodwood Revival
1972 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti
Chassis#:Chassis#:15749
Sold for $780,864
2014 RM Auctions - London
1968 CHEVROLET CORVETTE L88 CONVERTIBLE
Chassis#:Chassis#:194678S416882
Sold for $785,000
2014 Mecum - Monterey
1968 Ferrari 365 GTC by Pininfarina
Chassis#:Chassis#:12055
Sold for $786,000
2014 RM Auctions : Monaco

Vehicle Profiles

Chassis information for the Shelby Cobra 2891963 Roadster
Chassis Num: CSX2044
Engine Num: 3011B-524
Chassis information for the Shelby Cobra 2891963 Roadster
Chassis Num: CSX2119
Engine Num: 1296
Chassis information for the Shelby Cobra 2891964 Roadster
Chassis Num: CSX2328
Engine Num: PA4539
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX 2414
Engine Num: 5108
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX 2421
Engine Num: PA 5044
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX 2514
Engine Num: 055
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX2524
Engine Num: BP7777
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX2538
Engine Num: 00041
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX2570
Engine Num: 00034


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