Vintage Shelby Cobras in high demand

Via mysanantonio.com
There was a variety of Ford Mustangs on display, but the two that got the most attention were a blue 1968 Shelby GT500, owned by Joe Gross, and a red 1966 Shelby GT350, owned by Jim Burrow.

Among the favorites of Mustang collectors, these vintage Shelby models are numbered and signed by their creator, automotive legend Carroll Shelby.

Interest in the Shelbys is at a high right now because Ford just brought out a 2007 version with styling highly reminiscent of the 1960s models. The new Shelby Cobra GT500, which sells for about $43,000, comes with a 500-horsepower V-8 engine. Shelby was a consultant on the new GT500, but the vehicle is mostly a creation of Ford’s in-house Special Vehicle Team, and does not carry Shelby’s signature.

The vintage ones, though, are highly in demand and harder to find — and usually more expensive than a new one.

Stafford students to craft a Cobra Rutland Herald, VT -

Via rutlandherald.com
When a Cobra Roadster was delivered to Stafford Technical Center last Friday on a truck, it didn’t roll off, it was carried in boxes.

Automotive technology students at the center will spend the next school year constructing the body of the vehicle, installing the engine and preparing it for the automotive refinishing students to paint and prepare for sale.

“This is clearly a unique opportunity for these kids,” said Lyle Jepson, director of the Stafford Technical Center. “This is not anything that happens in regular public education.”

It couldn’t have happened without the help of the Saralta Foundation, an 11-member philanthropic organization based in Rutland. The nine-month process of getting the disassembled vehicle to the center involved a qualification process for the funds from the foundation. Center officials had to show participation in the project, quality of innovation and demonstration of sustainability to gain the funds for the car.

“We funded the project this one time — they’ll be able to build and then sell the car,” said David Townsend, president of the Saralta Foundation. “They’ll be able to do this basically as long as they can build and sell cars.”

That demonstrates the sustainability of the project, where students assemble the car — modeled after the 1965 Shelby Cobra— which has a market value of $35,000 to $60,000 and sell it. The money raised will be returned to the auto tech program for another kit car for next year’s students.

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