Among the many aspirations of Carroll Shelby later in his life was to build a modern Cobra. With the original AC-based sports car having become a valuable classic—in spite of the ready availability of far more affordable knockoffs—Shelby felt the new millenium held promise for a Cobra revival. The famed automotive designer teamed up with Ford to develop a fully functional prototype and announced their collaboration at the 2003 Pebble Beach Concours d’?Elegance. The Ford Shelby Cobra...

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