SAAC Forum

Deals and Appeals => Up For Auction => Topic started by: silverton_ford on November 10, 2026, 02:22:45 PM

Title: CSX2196 - Mecum Kissimmee 2027
Post by: silverton_ford on November 10, 2026, 02:22:45 PM
Link:  https://www.mecum.com/lots/1184981/1964-shelby-427-prototype-factory-team-cobra/ (https://www.mecum.com/lots/1184981/1964-shelby-427-prototype-factory-team-cobra/)

Auction Description:
Estimate: In Excess of $25 Million
CSX2196
The Prototype 427 Shelby Cobra

Ken Miles Shelby American factory team car

1 of 2 Cobras built in the USA at Shelby American, the other being the prototype Daytona Coupe

The only Cobra build with an improved Daytona Coupe chassis

Ken Miles' personal project to build the ultimate Cobra

One of the most important and valuable Shelby cars ever to be produced

Only 4,096 original miles from new

One of the most original factory team Cobras, retaining original chassis, body, engine, inner panels, brakes, suspension, radiator, gauges, chassis tag, pedal box, gas tank, original Rebat batteries, etc.

Adjustable Heim joint suspension, modified pick-up points to lowered chassis, tilted springs for more caster, all for high-speed stability and astounding handling

All special high-tensile aircraft hardware sourced in period for strength, which the car still retains

The first sports car that Ford fitted with the famous 427 FE engine

Original aluminum 427 sider oiler engine with larger cylinder sleeves due to the aluminum casting, making it a 390 CI engine

Original lightweight Ford experimental all-aluminum numbers-matching 427/390 side oiler engine, and this is the actual motor that was first in CSX2286 Daytona Coupe destined for LeMans and then installed into CSX2196

Original massive 58mm Weber carburetors; only 15 sets were ever produced

Engine built in period by Ford's genius special engine builder, Mose Nowland

Originally built as a 289-style Roadster with a 427 engine and raced as a factory Shelby American team car at Sebring

After Sebring, Shelby American stripped the chassis to its frame rails and A-frames, it was then lengthened by 3 inches

Chassis was then converted into a Daytona Coupe chassis, with back bone bracing and triangulation, highly modified and "Swiss Cheesed" creating a super lightweight, rigid chassis

Super lightweight one-off aerodynamic alloy body which flipped up like the Daytona Coupe front clip and nicknamed The Flip-Top Cobra, as confirmed by Pete Brock

Specifically built to beat the Corvette Grand Sports at the Nassau, Bahamas races

8-second lead on lap one at Nassau, obliterating the Corvette Grand Sports, Ford GT40s and Ferrari 275 Comp Speciale and 250 LM

No expense spared 4-year complete ground-up restoration by Legendary Motorcar using only original or NOS components to perfect 1964 Nassau specs

Original, impossible-to-find NOS Goodyear blue streak stock car special tires

Underside belly pans like on the Daytona Coupe for better aerodynamics

Other than the Daytona Coupes, this car featured the best aerodynamics of any Cobra

Weighs 1,800 lbs with 500 plus HP, an unheard of power-to-weight ratio for its time

Fundamentally a Daytona Coupe chassis with a one-off super-lightweight Roadster body, prototype lightweight engine, designed and built by Ken Miles with no rules

Shown on the lawn at the Pebble Beach Concours d'Elegance

Scored Premiere at the SAAC national convention

First in class at the Amelia Island Concours d'Elegance

"It's the Ultimate Cobra" — Peter Miles

Peter Brock has stated that it is "...the most sophisticated engineering car that I think ever was done within the Shelby operation"

Internal Ford paperwork shows Ford went to the Bahamas to oversee the GT40 program, and seeing the success of this prototype 427 Cobra, Ford decided that the GT40 needed a 427 engine if they wanted to win LeMans


(https://www.saac.com/forum/gallery/44-101126142058.png)
Title: Re: CSX2196 - Mecum Kissimmee 2027
Post by: Bob Gaines on November 10, 2026, 04:56:44 PM
Does anyone remember the funny nick name that some at Shelby assigned this 25 million dollar expected hammer price  car?
Title: Re: CSX2196 - Mecum Kissimmee 2027
Post by: KR Convertible on November 10, 2026, 05:00:25 PM
The "Turd"?
Title: Re: CSX2196 - Mecum Kissimmee 2027
Post by: JD on November 10, 2026, 05:01:28 PM
Now - Expensive, Rare & Valuable "Crap"
Title: Re: CSX2196 - Mecum Kissimmee 2027
Post by: Bob Gaines on November 10, 2026, 05:02:38 PM
Quote from: KR Convertible on November 10, 2026, 05:00:25 PMThe "Turd"?
Not very flattering.
Title: Re: CSX2196 - Mecum Kissimmee 2027
Post by: 98SVT - was 06GT on November 10, 2026, 05:58:37 PM
Miles called it the TURD. While it was owned by Royal Kreiger it was known as the Pelican for some reasson. It was silver at SAAC1. If I remember the first engine in it was an aluminum 390. Funny they don't mention the crash that led to the rebody........
PS - I'd call it and the Coupe "rebodied" not built - they still retained their AC cars heritage.
Title: Re: CSX2196 - Mecum Kissimmee 2027
Post by: rhjanes on November 11, 2026, 03:32:18 PM
Yep, Miles called it the Turd.  CSX2300 is also on the block. 
Since I'm "only" in my 60's, I plan to let all the dynosaurs die off and then I plan to buy a Coupe, Maybe the Turd, a few 66 GT350s'.  I'll have to have fast cars to outrun the zombies.   
Title: Re: CSX2196 - Mecum Kissimmee 2027
Post by: mark p on November 12, 2026, 02:37:06 PM
that car certainly has an interesting history... it's fresh in my mind as it is the subject of the cover article in a recent issue of Classic Motorsports magazine.

I'm not sure if I should conclude anything... but we saw the car in-person at Legendary Motocars on a Tour in 2022, but were forbidden to take any photos.
Now it is on the Cover of a magazine and For Sale  ???