Image credit: © conceptcarz.com (Reproduction Or reuse prohibited).

1965 Shelby Cobra 289 Roadster

  • Chassis Number: CSX 2407
The initial 260 cubic-inch engine powering the Cobra had been upgraded to Ford's new 289 HiPo small-block V-8 by 1963. Producing 306 horsepower, the Cobra attracted the attention of many privateers including George Arents III, who was a partner to Luigi Chinetti's Ferrari distributorship and the North American Racing Team (NART). Mr. Arents acquired the Cobra in December 1964.

This Cobra was delivered new to RBM Atlanta in September 1964 and entered Mr. Arent's care three months later. At the time, the slightly used 289 'street-spec' Cobra had 1,500 miles on its odometer. In early 1965, the Cobra was extensively modified to competition specification, with flared fenders, unbaffled side pipes, a metallic blue nose livery, bespoke cooling scoops in the front fascia and rear fenders, staggered center-lock Halibrand magnesium wheels, and a roll bar.

Throughout the 1965 season, the Cobra competed in the SCCA Southeast Region's A-Production class with NART member Ron Hutchinson recruited to handle driving duties. Hutchinson placed 2nd overall in the season standings with points-producing results at Savannah, Daytona, West Palm Beach, and Mid-Ohio.

For the 1966 season, it is believed that the Cobra was repainted in Guardsmen Blue and entered the Southeast Region's B Production class, as the 427 Cobra took over the SCCA A-Production class.

By late 1968, Mr. Arents had sold the Cobra, and it would pass through the care of three subsequent owners until 1979, when it was acquired by the vintage racer Dale Nichols of Orlando, Florida.

The 289 Cobra was given a complete restoration during the 1980s by Chuck Gutke's Cobra Restorers of Kennesaw, Georgia, with modifications that included a 3.77 differential, cut-back doors, chrome roll bar, and its present tri-color racing livery. On occasions, the car was entered in SVRA vintage racing events by Mr. Nichols.

The current owner purchased the Cobra in August 2002 and in November of 2005, it was sent to Cobra Automotive in Wallingford, Connecticut for a full rebuild of its 289 HiPo V-8 engine and other miscellaneous mechanical needs. Costs exceeded $105,000, and upon completion, its engine had been rejuvenated and greatly improved with the fitment of modern MSD electricals, ARP hardware, racing fuel lines, ceramic coated 'Nassau style' competition headers, and a bevy of additional OEM HiPo equipment.

By Daniel Vaughan | Jan 2024

2023 RM Sothebys : Monterey

Pre-Auction Estimates :
USD $800,000-USD $1,000,000 
Sale Price :
USD $1,160,000

1965 Shelby Cobra 289 Auction Sales

Recent Sales of the Shelby Cobra 289

(Data based on Model Year 1965 sales)
1965 SHELBY COBRA FIA 289 ROADSTER
Chassis#: CSX7010
Sold for USD$110,000
  2024 Barrett-Jackson : Scottsdale AZ
 
1965 Shelby 289 Cobra Roadster
Chassis#: csx2516
Sold for USD$962,500
  2024 Mecum : Kissimmee
 
1965 Shelby 289 Cobra
Chassis#: CSX 2407
Sold for USD$1,160,000
  2023 RM Sothebys : Monterey
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby 289 Cobra Roadster
Chassis#: CSX2516
Sold for USD$907,500
  2023 Mecum : Kissimmee
 
1965 Shelby 289 Cobra
Chassis#: CSX 2547
Sold for USD$1,050,000
  2022 RM Sothebys : Monterey
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby 289 Cobra Roadster
Sold for USD$1,100,000
  2022 Mecum Indy
 
1965 Shelby 289 Cobra
Chassis#: CSX 2547
Sold for USD$967,500
  2021 RM Sothebys : Amelia Island Auction
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 AC Cobra 289 roadster
Chassis#: COB6027
Sold for USD$822,256
  2020 Artcurial : Retromobile
 
1965 Shelby 289 Cobra Roadster
Chassis#: CSX2445
Sold for USD$412,500
  2019 Mecum : Monterey
 
1965 Shelby 289 Cobra CSX2588
Chassis#: CSX2588
Sold for USD$1,045,000
  2019 Mecum : Monterey
 
1965 Shelby 289 Cobra
Chassis#: CSX2448
Sold for USD$912,500
  2019 Gooding & Company : Scottsdale Arizona
 
1965 Shelby 289 Cobra CSX 8036
Chassis#: CSX 8036
Sold for USD$110,000
  2018 RM Sothebys : Auburn Spring
 
1965 Shelby 289 Cobra
Chassis#: CSX 2442
Sold for USD$995,000
  2018 RM Sothebys : Scottsdale, Az.
 
1965 Shelby 289 Cobra Roadster
Chassis#: CSX2549
Sold for USD$950,000
  2016 Mecum : Monterey
 
1965 SHELBY COBRA 289
Chassis#: CSX2524
Sold for USD$880,000
  2016 Bonhams : Quail Lodge
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby 289 Cobra CSX2495
Chassis#: CSX2495
Sold for USD$957,000
  2016 Worldwide Auctions - The Houston Classic
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 SHELBY 289 COBRA ROADSTER CSX2495
Chassis#: CSX2495
Sold for USD$797,500
  2016 Barrett-Jackson : Scottsdale, AZ
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby 289 Cobra 'Dragonsnake' CSX2472
Chassis#: CSX2472
Sold for USD$1,300,000
  2015 The Auburn Auction
 
1965 Shelby Cobra CSX4185 Challenge Series
Chassis#: CSX4185
Sold for USD$63,800
  2015 Russo & Steele : Monterey
 
1965 Shelby 289 Cobra
Chassis#: CSX2315
Sold for USD$858,000
  2015 Gooding & Company : Pebble Beach Concours
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  

Shelby Cobra 289s That Failed To Sell At Auction

1965 Shelby Cobra 289's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1965 Shelby Factory Stage III 289 Cobra DragonsnakeCSX24272024 Mecum : Indy$1,150,000  
1965 Shelby 289 Cobra Roadstercsx25172023 Mecum : Indy$700,000$900,000$1,000,000
1965 Shelby 289 Cobra RoadsterCSX25172023 Mecum : Kissimmee$925,000$1,100,000$1,300,000
1965 Shelby Factory Stage III 289 Cobra DragonsnakeCSX24272022 Mecum : Monterey$1,400,000  
1965 Shelby 289 Cobra RoadsterCSX24952021 Mecum : Monterey$775,000$900,000$1,000,000
1965 Shelby 289 Cobra RoadsterCSX23272020 Mecum : Indy   
1965 Shelby Factory Stage III 289 Cobra DragonsnakeCSX24272019 Mecum : Indianpolis$1,400,000$1,750,000$2,250,000
1965 Shelby 289 Cobra CSX2588CSX25882019 Mecum : Indianpolis$875,000$1,100,000$1,300,000
1965 Shelby 289 Cobra CSX2588CSX25882019 Mecum : Kissimmee$1,050,000$1,200,000$1,400,000
1965 Shelby 289 Cobra RoadsterCSX25882018 Mecum : Monterey$1,100,000$1,100,000$1,300,000
1965 Shelby 289 Cobra RoadsterCSX25882018 Mecum : Kissimmee$1,000,000  
1965 Shelby 289 Cobra RoadsterCSX25492018 Mecum : Kissimmee$850,000  
1965 Shelby 289 Cobra RoadsterCSX25492017 Mecum : Las Vegas$925,000  
1965 Shelby 289 CobraCSX24482017 Gooding & Company : Pebble Beach $1,200,000$1,400,000
1965 Shelby 289 Cobra RoadsterCSX25882017 Mecum : Monterey$950,000  
1965 Shelby Cobra 2017 Auctions America : Fort Lauderdale $1,000,000$1,150,000
1965 Shelby 289 FIA CobraCSX70512017 Worldwide Auctioneers : Scottsdale, AZ $140,000$160,000
1965 Shelby 289 Cobra CSX 2442CSX 24422016 Auctions America : Auburn Fall$800,000$1,000,000$1,150,000
1965 Shelby Cobra 2016 Auctions America : Auburn Fall$110,000$130,000$160,000
1965 Ford Shelby 289 Cobra RoadsterCSX25492015 Mecum : Indianapolis$1,000,000  
1965 Shelby Cobra 2011 Mecum Auctions Monterey, CA The Daytime Auction   
1965 Shelby Cobra 2011 Mecum Auctions Monterey, CA The Daytime Auction   
1965 Shelby 289 CobraCSX 24852011 RM Auctions Automobiles of Amelia Island$425,000$500,000$600,000
1965 SHELBY COBRACSX49832011 Russo & Steele Scottsdale, Arizona   
1965 SHELBY COBRA REPLICA4CRDAK121NF0006312010 McCormick's Auction #49 Palm Springs, CA$30,750  
1965 SHELBY COBRA REPLICA4CRDAK121NF0006312010 McCormick's Auction #49 Palm Springs, CA$30,750  
1965 Shelby Cobra Replica 2010 RM Auctions Collector Cars of Fort Lauderdale$24,000$35,000$40,000
1965 Shelby AC Cobra 2010 Mecum Kissimee Auction$42,000  
1965 SHELBY COBRA REPLICA 2009 Palm Springs Exotic Car Auctions November 22, 2009$55,000  
1965 Shelby Cobra 4000 Series Roadster 2009 Mecum Original Spring Classic Auction 22nd Year$85,000  

Vehicles With Comparable Market Values

Similar sales to the $474,441 range.
1955 Mercedes-Benz 300 Sc Cabriolet A Coachwork by Sindelfingen
Chassis#:188.013.5500028
Sold for $477,810
2024 Bonhams : Goodwood Festival of Speed
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
2023 Porsche 911 Sport Classic
Sold for $478,000
2024 Broad Arrow : Porsche Air|Water
1934 BUGATTI TYPE 57 VENTOUX
Chassis#:57297
Sold for $472,500
2024 Gooding & Co: Selections From The Mullin Collection Auction
2023 Porsche 911 Sport Classic
Chassis#:WP0AG2A94PS252096
Sold for $472,500
2024 Broad Arrow Auctions : Amelia
2018 Porsche 911 GT2 RS Weissach Package
Chassis#:WP0AE2A99JS185802
Sold for $472,500
2024 Broad Arrow Auctions : Amelia
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1938 BUGATTI TYPE 57C STELVIO Coachwork by Gangloff
Chassis#:57606/57699
Sold for $472,500
2024 Gooding : Amelia Island
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1993 Jaguar XJ220
Chassis#:SAJJEAEX8AX220686
Sold for $472,500
2024 RM Sothebys : Arizona
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1956 Mercedes-Benz 300 Sc Coupe
Chassis#:188.014.6500116
Sold for $475,800
2024 RM Sothebys : Arizona
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1989 Lamborghini Countach 25th Anniversary
Chassis#:ZA9CA05A5KLA12571
Sold for $478,000
2024 RM Sothebys : Arizona
1963 CHEVROLET CORVETTE CUSTOM SPLIT-WINDOW COUPE
Chassis#:30837S108232
Sold for $478,500
2024 Barrett-Jackson : Scottsdale AZ
1938 Lincoln Model K Victoria Convertible
Sold for $472,500
2023 Worldwide Auctioneers : The Auburn Auction
1989 Lamborghini Countach 25th Anniversary Edition
Sold for $472,500
2023 Worldwide Auctioneers : The Auburn Auction
1980 BMW M1
Chassis#:WBS59910004301442
Sold for $478,000
2023 Gooding & Company : Pebble Beach
1965 Shelby Cobra 289 vehicle thumbnail image  
1947 Alfa Romeo 6C 2500 Super Sport Coupe by Touring
Chassis#:915539
Sold for $472,500
2023 RM Sothebys : Monterey
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
2015 Mercedes-Benz SLS AMG GT Final Edition Roadster
Chassis#:WDDRK7JA2FA011298
Sold for $478,000
2023 RM Sothebys : Monterey
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1973 Porsche 911 Carrera RS 2.7 Touring
Chassis#:9113600172
Sold for $473,884
2023 RM Sothebys : The Carrera Collection
2005 Ford GT
Chassis#:1FAFP90S25Y400071
Sold for $478,000
2023 RM Sothebys : Amelia Island
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1968 LAMBORGHINI ISLERO 400 GT
Chassis#:6282
Sold for $478,000
2023 Gooding & Company : Amelia Island Auction
1933 Lorraine-Dietrich B3-6 Sport Cabriolet
Chassis#:125674
Sold for $477,073
2023 Bonhams : Les Grandes Marques du Monde à Paris
2005 Mercedes-Benz CLK DTM AMG Coupé
Chassis#:WDB2093421F166034
Sold for $477,073
2023 Bonhams : Les Grandes Marques du Monde à Paris

1965 Shelby Cobra 289

Additional valuation insight and sales data
History
Specifications
Image gallery
Other Shelby Cobra 289 model years

1965 Shelby Cobra 289 Vehicle Profiles

Vehicle information, history, and specifications from concept to production.