conceptcarz.com


1966 Shelby Cobra 427 Roadster / CSX 3012 Vehicle Information

1966 Shelby Cobra 427 photograph

1966 Shelby Cobra 427 photograph

1966 Shelby Cobra 4271966 Shelby Cobra 427
As with many British specialist manufacturers, AC Cars had been using the smooth, refined Bristol straight-6 engine in its small-volume production, including its AC Ace 2-seater roadster. The engine was a pre-World War II BMW design which was by the 1960s considered remarkably outdated. Bristol, a small independent automobile manufacturer in its own right, decided in 1961 to cease production of its engine and instead to use Chrysler small-block V8 engines. Non-plussed by this idea, AC started using the 2.6 liter Ford Zephyr in all of its cars. An idea was borne out of this concept and in September of that year, former champion racing driver Carroll Shelby approached AC about building a car that would accept a V-8 configuration. Chevrolet was not interested in providing their new 327ci V-8 due to too much direct competition with the Corvette, however Ford wanted a car that could compete with the radical new Sting Ray from across town. As luck would have it, they happened to have a brand new thin wall small block engine which could be used in this endeavor. The name Cobra came to Shelby 'in a dream', he recounted, and a legend was born.

By 1963 the original AC Bristol-based leaf spring Cobra was losing its supremacy in racing. In desperation, Shelby tried fitting a big Ford FE engine of 390ci. Ken Miles drove and raced the FE powered Mark II car and said that the car was virtually undrivable, naming it 'The Turd'. A new chassis was designed in cooperation with Ford in Detroit, then developed by Shelby American and designated the Mark III. A whole new chassis was built which featured 4' main chassis tubes (instead of 3') and a new coil spring suspension all around. Necessitated by the suspension redesign and the wont for a greater contact patch, the car had wide fenders and a larger radiator opening. It was powered by the famed 'side oiler' Ford 427 engine developing 425 bhp and attaining a top speed of 163 mph in the standard model and 485 bhp with a top speed of 180 mph in the competition model. The production of the Cobra Mark III began on January 1st 1965, three months after two prototypes had been sent to the Únited States in October of 1964.

CSX 3012 was invoiced to Shelby American on 1/11/65 from AC Cars, Ltd, and a Shelby American Work order #15067 was opened on 2/4/65. It was invoiced on 4/20/65 to Valley Mercedes Benz Service, 14104 Victory Blvd, Van Nuys, CA. as '1 427 Cobra, Chassis No CSX3012' at the cost of $9,700.00. Painted Astral Silver, a color often used in Mercedes racing cars, 3012 was picked up at Shelby American by company owner Lothar Motschenbacher. The racing linage of CSX 3012 featured its debut race at Riverside on May 2nd, 1965, then campaigned at the following weekend at Laguna Seca, three weeks later in Santa Barbara, a month later in Pomona on, and at the Mid-Ohio ÚSRRC event in early August of 1965. Late in 1965, Motschenbacher traded the car back to Shelby American, taking a 1965 Ford Country Squire Wagon and $7,000 in return for the Cobra.

Shelby Cobra 427After a thorough clean up, the car was sold on 12/7/65 to J.D. Hurt. He, however, did not choose to take delivery until the following spring, and agreed to allow Shelby American to rent CSX3012 to MGM Studios for use in the Elvis Presley movie Spinout. Records indicate an insurance claim for damage to the car while at MGM and Hurt's deposit was applied to another Cobra. CSX 3012 was once again repurchased by Shelby American and was invoiced on 4/5/66 to Donald Peckman. Peckman rebuilt the car and raced it during the 1966 season, painted white with a thin Blue stripe down the center of the car. Raced in Riverside and featured in a Car and Driver editorial, which stated it as being the best-appearing and fastest Cobra at 1966 ARRC. Early in 1967 Charles T. Oseid purchased the Cobra in the name of his company. Sterling Automotive Mfg. Co. Oseid continued to race prior to an unfortunate accident while being transported on a trailer in the early 1970's. Following this incident, the car was dismantled with Oseid retaining the salvageable parts and most importantly the ownership MSO document he obtained from Peckman.

In 1985 George Stauffer purchased the MSO and various parts to 3012, and had Brain Angliss of AutoKraft in England rebuild the car utilizing a new chassis and aluminum bodywork. The finished car, painted dark green, was sold prior to its actual completion in the summer of 1988 to George Gillett, then in 1992 it again changed hands to vintage racer Jim Philion. Featured in several prominent vintage events, including the Wine Country Classic held at Sears Point in June of 1995 and driven by Rick Titus, CSX 3012 also won Top Popular at SAAC-20 in 1995. Driven once again that August by Rick Titus at the Monterey Historics, this car received the Thomas W. Senter Memorial Award for representing the most significant Ford or Ford Powered vehicle at the event.

As one of the finest Shelby American automobiles, the ex-Lothar Motschenbacher 1965 Shelby 427 Cobra Full Competition offered here is an absolutely beautiful example is one of only 22 full competition models to leave the factory. Motschenbacher successfully campaigned this car in the '65 ÚSRRC Championships against Ken Miles in the factory 427 and Jim Hall's legendary Chaparrals. A year later, Elvis Presley and CSX 3012 co-starred in the hit movie 'Spinout.' From the fame this added to both Shelby and the music legend, CSX 3012 was to be known as The King's race car for all time. This Cobra includes complete ownership history and thorough documentation. Further, it features a concours-quality restoration and continues to achieve significant awards on both the show-field as well as the track.


This vehicle was offered for sale at the 2008 Russo & Steele Auction held in Monterey, California.

Source - Russo & Steele


No auction information available for this vehicle at this time.

1966 Shelby Cobra 427 Auction Sales

Recent Sales

(Data based on Model Year 1966 sales)
1966 Shelby 427 Cobra Roadster
Chassis#: CSX3173
Sold for USD$2,420,000
  2019 Mecum : Indianpolis
 
1966 Shelby 427 Cobra
Chassis#: CSX 3359
Sold for USD$1,792,500
  2019 RM Sothebys : Amelia Island
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3284
Sold for USD$882,586
  2019 RM Sothebys : Paris
 
1966 Shelby 427 Cobra
Chassis#: CSX 3102
Sold for USD$995,000
  2018 RM Sothebys : Monterey
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3283
Sold for USD$1,457,500
  2018 Gooding & Co. : Amelia Island
1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra 'Semi-Competition'
Chassis#: CSX 3040
Sold for USD$2,947,500
  2018 RM Sothebys : Scottsdale, Az.
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3293
Sold for USD$1,100,000
  2017 RM Sotheby's : Arizona Auction
1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3259
Sold for USD$1,210,000
  2015 RM Sotheby's : Monterey
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 SHELBY COBRA 427 'SUPER SNAKE'
Chassis#: CSX3015
Sold for USD$5,115,000
  2015 Barrett-Jackson - Scottsdale
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3102
Sold for USD$990,000
  2015 RM Auctions - Automobiles of Arizona
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 SHELBY 427 COBRA ROADSTER
Chassis#: CSX3172
Sold for USD$1,000,000
  2014 Mecum - Monterey
 
1966 Shelby 427 Cobra
Chassis#: CSX 3359
Sold for USD$1,705,000
  2014 RM Auctions at Monterey
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Sold for USD$962,500
  2014 Auctions America : California
 
1966 Shelby Cobra
Sold for USD$36,000
  2014 Leake Auction : Dallas Spring
 
1966 Shelby 427 Cobra
Chassis#: CSX3166
Sold for USD$1,100,000
  2013 Gooding and Company - Pebble Beach
 
1966 Shelby 427 Cobra
Chassis#: CSX 3259
Sold for USD$836,000
  2013 RM Auctions - Amelia Island
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby Cobra 427 Roadster
Chassis#: CSX3301
Sold for USD$735,000
  2013 Mecum Auctions - Kissimmee, FL Auction
 
1966 Shelby 427 Cobra
Chassis#: CSX 3293
Sold for USD$819,500
  2012 RM Auctions - Monterey
1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3216
Sold for USD$825,000
  2012 Gooding and Company - Pebble Beach Auction
 
1966 AC Shelby Cobra 427 Roadster
Chassis#: CSX3249
Sold for USD$566,447
  2012 Bonhams - Paris, La Halle Freyssinet Motocars
 

Vehicles That Failed To Sell

1966 Shelby Cobra 427's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1966 Shelby 427 Cobra RoadsterCSX31622020 Mecum Auctions : Kissimmee$1,500,000$1,500,000$1,900,000
1966 Shelby 427 CobraCSX 32372019 RM Sothebys : Monterey $1,100,000$1,250,000
1966 Shelby 427 CobraCSX31072019 Gooding & Company : Scottsdale Arizona $1,100,000$1,400,000
1966 SHELBY COBRA CSX3239 ROADSTERCSX32392018 BarrettJackson : Scottsdale   
1966 Shelby 427 CobraCSX 33592017 Bonhams : Quail Lodge $1,600,000$2,000,000
1966 Shelby 427 CobraCSX31652016 Gooding & Company : Pebble Beach $1,200,000$1,600,000
1966 SHELBY 427 COBRA 2014 Mecum Dallas$300,000  
1966 Shelby 427 Cobra 2013 Worldwide The Houston Classic   
1966 AC Shelby Cobra 427 MkIIICSX32592010 Bonhams Quail Lodge $650,000$750,000
1966 Shelby Cobra 427 RoadsterCSX32092010 Mecum Auctions Monterey$850,000  
1966 Shelby Cobra 427 RoadsterCSX33012009 Mecum Original Spring Classic Auction 22nd Year$600,000  
1966 Shelby Cobra 427 2009 The Scottsdale Auction : Gooding & Company $750,000$850,000
1966 Shelby Cobra 427CSX33012008 Sports & Classics of Monterey by RM Auctions$775,000$800,000$900,000
1966 Shelby Cobra 2008 Dana Mecum's Original Spring Classic Auction$80,000  
1966 Ford Cobra 427 2008 RM Auctions Classic Car Auction of Toronto Spring$17,250  
1966 Shelby Cobra 427 2007 Gooding & Company $800,000$900,000
1966 SHELBY COBRA REPLICA 2007 Palm Springs Exotic Car Auctions February 2325, 2007   
1966 Shelby 427 Competition Cobra 2002 Monterey Sports and Classic Car Auction$530,000  

Comparables

Similar sales to the $964,467 range.
2018 Ford GT
Chassis#:2FAGP9CW9JH100096
Sold for $971,299
2020 RM Sothebys : London Online
1972 Porsche 916
Chassis#:9142330011
Sold for $957,000
2020 RM Sothebys : Shift/Monterey
2017 Ford GT
Chassis#:2FAGP9CW2HH200048
Sold for $967,500
2020 Gooding & Company : Amelia Island
1966 Shelby Cobra 427 vehicle thumbnail image  1966 Shelby Cobra 427 vehicle thumbnail image  
1934 Talbot AV105 Brooklands Sports Racer
Chassis#:AV35499
Sold for $964,724
2020 Bonhams : Les Grandes Marques du Monde au Grand Palais
1957 Mercedes-Benz 300 SL Roadster
Chassis#:198.042.7500555
Sold for $973,000
2020 RM Sothebys : Scottsdale Arizona
2017 Ferrari F12tdf
Chassis#:ZFF81BFA1H0223687
Sold for $962,000
2019 RM Sothebys : Monterey
2017 Ferrari F12tdf
Chassis#:ZFF81BFA1H0220191
Sold for $967,500
2019 RM Sothebys : Amelia Island
1936 Bugatti 57 Atlantic modifiée Erik Koux
Chassis#:57654
Sold for $970,559
2019 Artcurial : Retroobile
1948 Talbot-Lago T26 Record Sport Coupe de Ville
Chassis#:100238
Sold for $962,000
2018 Bonhams : Quail Lodge
1966 Shelby Cobra 427 vehicle thumbnail image  
2018 Lamborghini Huracán RWD Coupé
Chassis#:ZHWEC2ZF1HLA06894
Sold for $966,775
2018 RM Sothebys : Monaco
1992 Benetton B192 Formula 1
Chassis#:B192-01
Sold for $973,494
2018 RM Sothebys : Monaco
1999 Lamborghini Diablo GT
Chassis#:ZA9DE21A0XLA12333
Sold for $973,494
2018 RM Sothebys : Monaco
1954 OSCA 2000 S by Morelli
Chassis#:2005S
Sold for $973,335
2018 RM Sothebys : Paris
1963 Shelby 289 Cobra
Chassis#:CSX2135
Sold for $962,500
2018 Gooding & Company : Scottsdale, Az.
1993 Bugatti EB110 GT
Chassis#:ZA9AB01E0PCD39056
Sold for $967,500
2018 RM Sothebys : Scottsdale, Az.
1932 Marmon Sixteen Convertible Coupe by LeBaron
Sold for $962,000
2017 RM Sotheby's : Icons
1992 Ferrari F40
Chassis#:ZFFMN34A7N0093065
Sold for $957,000
2017 RM Sothebys : Santa Monica
1958 Mercedes-Benz 300 SL Roadster
Chassis#:198.042.8500286
Sold for $957,000
2017 RM Auctions : Amelia Island
1966 Shelby Cobra 427 vehicle thumbnail image  
1994 Porsche 911 Turbo S 3.6
Chassis#:WP0AC2969RS480409
Sold for $964,712
2017 RM Sotheby's : Paris
1993 Porsche 911 Carrera RS 3.8
Chassis#:WP0ZZZ96ZPS497097
Sold for $960,512
2016 RM Sotheby's : London Sale

Vehicle Profiles

Chassis information for the Shelby Cobra 427
1966 Roadster
Chassis Num: CSX 3102
Engine Num: C3A3-3059-A

Chassis information for the Shelby Cobra 427
1967 Roadster
Chassis Num: CSX3256
Engine Num: 3256

1966 Shelby Cobra 427

Additional valuation insight and sales data
History
Specifications
Image gallery
Other Shelby Cobra 427 model years


Vehicle information, history, And specifications from concept to production.
Follow ConceptCarz on Facebook Follow ConceptCarz on Twitter RSS News Feed

Conceptcarz.com
© 1998-2020 Conceptcarz.com Reproduction Or reuse prohibited without written consent.