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1964 Cooper Monaco Navigation
After the 1963 United States Road Racing Championship ended, Carroll Shelby knew his Cobras would not be competitive against the new rear-engined sports racers. He realized the prestige and publicity that the west coast races brought, so Shelby purchased a couple of John Cooper's newest sports racers, the Cooper-Monaco, and installed his Cobra race engines. After having problems finishing races in 1963, Shelby had Richie Ginther help sort out the 1964 King Cobras (as the press called them.) Their first race, the L.A. Times Grand Prix, proved the cars were competitive finishing 1st, 4th, 5th and 7th. The 1964 Shelby team car, CM/6/64, was painted Guardsman Blue with Wimbledon White stripes and was driven by Parnelli Jones at the 1964 L.A. Times Grand Prix at Riverside to a first place finish. Parnelli tried for another win at the Pacific Grand Prix at Laguna Seca in October but crashed on the first lap.
That was the end of Shelby's foray into modified road racing. The King Cobras had served their purpose and Shelby was busy with his 427 Cobras and the Ford GT40 project. The Cooper-Monaco had become obsolete in only two years, overshadowed by monocoque chassis, and alloy engined sports racers by Chaparral, Lola and McLaren.
In 2010, the car was offered for sale at the Sports & Classics of Monterey presented by RM Auctions. It was estimated to sell for $600,000 - $800,000. As bidding came to a close, the car had been sold for the sum of $425,000 inclusive of buyer's premium.
That was the end of Shelby's foray into modified road racing. The King Cobras had served their purpose and Shelby was busy with his 427 Cobras and the Ford GT40 project. The Cooper-Monaco had become obsolete in only two years, overshadowed by monocoque chassis, and alloy engined sports racers by Chaparral, Lola and McLaren.
In 2010, the car was offered for sale at the Sports & Classics of Monterey presented by RM Auctions. It was estimated to sell for $600,000 - $800,000. As bidding came to a close, the car had been sold for the sum of $425,000 inclusive of buyer's premium.
2023 Gooding & Company : Pebble Beach
Pre-Auction Estimates :
USD $650,000-USD $850,000
Sale Price :
USD $533,000
2023 Mecum : Kissimmee
Pre-Auction Estimates :
USD $900,000-USD $1,200,000
High Bid (Lot was not sold)
USD $600,000
2010 RM Auctions - Sports & Classics of Monterey
Pre-Auction Estimates :
USD $600,000-USD $800,000
High Bid (Lot was not sold)
USD $425,000
Recent Sales of the Cooper Monaco
(Data based on Model Year 1964 sales)
1964 SHELBY-COOPER T61M 'KING COBRA' Chassis#: CM/5/64 Sold for USD$533,000 2023 Gooding & Company : Pebble Beach | ![]() ![]() |
1964 Cooper Monaco King Cobra Sold for USD$600,000 2009 Mecum - Original Spring Classic Auction - 22nd Year |
Cooper Monacos That Failed To Sell At Auction
1964 Cooper Monaco's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1964 Shelby Cooper Monaco King Cobra | CM/5/64 | 2023 Mecum : Kissimmee | $600,000 | $900,000 | $1,200,000 |
1964 Cooper Monaco Type 61 Sport Racer | 2021 Mecum : Indy 2021 | $275,000 | $295,000 | $375,000 | |
1964 Cooper Monaco T61M | CM/3/64 | 2020 RM Sothebys : Shift/Monterey | $275,000 | $375,000 | |
1964 Cooper Monaco Type 61 Racecar | 2015 Auctions America California | $115,000 | |||
1964 Cooper Monaco Race Car | CM364 | 2011 Automobiles of Arizona by RM Auctions | $185,000 | $250,000 | $300,000 |
1964 Cooper Ford King Cobra | CM/6/64 | 2010 RM Auctions Sports & Classics of Monterey | $425,000 | $600,000 | $800,000 |
1964 Cooper Monaco | 2007 Monterey Sports and Classic Car Auction | $200,000 | $300,000 | $400,000 |
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1964 Cooper Monaco
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