A Luxury Portal: Luxury Travel Articles, News, and Listings Thursday Mar. 18th, 2010 Add to Favorites
Luxury Search
JustLuxe: a luxury portal
Home LifeStyle FineLiving LuxeTravel City Guides Luxury Hotels LuxeVideos LuxeShop Best of Luxe JL Rewards
Aircraft Culture Vehicles Boats Electronics Jewelry Leisure Real Estate Photo Galleries Events
Home > LifeStyle  > Autos & Vehicles > Shelby Daytona Cobra: Highest Priced Auctioned U.S. Car at $7.25 Million

Shelby Daytona Cobra: Highest Priced Auctioned U.S. Car at $7.25 Million

Posted: Aug. 27th, 2009  |  By James Rothaar
RSS Syndicated News Email a Friend Suggest an Article Follow Us on Twitter Visit Website
Classic Car Auctions: Mecum Auction announced that it recently sold a 1965 Shelby Daytona Cobra Coupe CSX2601 for $7.25 million at Mecum's Monterey Auction in Marengo, Ill. The selling price established a new record for the most expensive American car sold at auction. The event was held on the Del Monte Golf Course at the Hyatt Regency Monterey Resort & Spa.

It was a high point as well for Mecum Auctions, according to the company's president, Dana Mecum. "Selling this amazing piece of American race history at our first Monterey auction has been the crowning achievement of my career and Mecum Auction's 22 years of selling collector cars," Mecum further added, "This hand-built car beat the fastest cars in the world and has now added another 'win' to its list of accomplishments. It certainly finished in record form again."

Legendary car designer Carroll Shelby originally built the car to compete in the Federation Internationale de l'Auomitive (F.I.A.) World Manufacturers Championship for the GT class. Shelby's goal was to have a car capable of competing head-to-head against the event-dominating Ferraris. An experimental lightweight coupe body, designed by Peter Brock, increased the car's speed by a dramatic 25 mph. The specially built Cobra was named the Shelby Daytona Cobra to commemorate both its debut and first victory at the 1964 Daytona Continental.

Mecum's Monterey Auction featured more than 200 classic cars, ranging from a vintage 1931 Rolls-Royce to an exotic 2007 Saleen S7 supercar. The classic-car auctioneer is the largest of its kind worldwide, auctioning more than 5,000 classic cars yearly.

For more information on Mecum Auction, visit Mecum.com.

For JustLuxe James Rothaar

Related Topics: Autos & Vehicles

Share on Facebook Share
See Next Article
Comments
Join Our Conversation Post a Comment
Add Your Comment
Please enter a display name and email address to add a comment.
COMMENTS:

NAME:

EMAIL:  *Email will not be displayed.
Please notify me when my comment has been approved and posted.

Please enter the letters seen below:
CAPTCHA Image
Reload Image

advertisement
Featured Contributor
Andrew ChristianAndrew Christian
Luxury Cars: The HY-KERS vettura laboratorio (experimental vehicle) a.k.a. Hybrid 599 GTB Fiorano...
Read More | View Profile
The Best of Luxury
Event Calendar
 
 
advertisement
 
 
 
 
TAG Heuer Meridist Automobili Lamborghini Cell Phone XPERIA X10 Cell Phone Virgin Galactic
BMW Concept Car GINA XPERIA X10 Cell Phone Virgin Galactic
 
 
World's Most Expensive Spirits and Liquors
View all Galleries