‘Shelby Cobra’ Is The World’s Most Expensive Car

The “Shelby Cobra” and the “Jaguar D-Type” cars, which have been manufactured for the first time ever, have been purchased for $13.8 million and $21.8 million, respectively.

These were both up on sale during an auction event which lasted for 5 days, specifically the auction of RM Sotheby in Monterey, California.

The “Shelby Cobra” price at the auction has broken previous records for the most expensive car of American origin at an auction, which was previously held by a Ford GT40, a model from the 1960’s, which cost $11 million 4 years back. This is the first “Shelby Cobra” ever sold in by the car auction company.

The recently-auctioned car arrived in the US in 1962 and was not equipped with a motor. Carroll Shelby and Dean Moon, who were automotive designers then installed a 260 cu in. V8 and a gearbox from Ford. The reason behind the expensiveness of the “Shelby Cobra” is due to it being a trailblazer for an iconic range of performance cars, which was known for raising the profile of racing in America.

The vehicle furthermore is made more special due to Carroll Shelby having the car with him until his dead four years back, brought about by the sentimental value that this particular car has for the previous owner. The Jaguar D-Type, on the other hand, was released in 1955 and was the race car which won the Le Mans race in 1956 sold for $21.78 million.

Read the full article here.