Rare racing Cobra leads RM Sotheby's Arizona line-up

Joes Garage

Joes Garage

2015-12-10 15:07:45

A rare championship-winning Shelby Cobra will lead the line-up at RM Sotheby's upcoming Arizona sale.

The 1965 Shelby 427 Competition Cobra, chassis no. CSX 3010 is one of just 23 examples ever built.

Its first owner purchased CSX 3010 as a road car, but soon realized the powerful ride was to wild for anything other than the track and sold it to Peter Consiglio of Massachusetts.

Consiglio began racing the Cobra in regional events in 1967 before stepping up to the SCCA National competition in 1968. In a remarkable rookie season he claimed a place on the podium in eight of the eleven races, on his way to the 1968 A Production championship.

The car then made the journey north to its new owner John Risley of Nova Scotia. Together with co-driver David Fram, he then raced CSX 3010 to first overall in the 1971 Eastern Canadian Endurance Championship in 1971, making it the only 427 Cobra to win championships in two different countries.

Having later passed into the collection of a new owner in the late 1970s, the car returned to competition in a series of vintage racing events, including the Palo Alto Concours d’Elegance, numerous long-distance tours and the Monterey Historics. It will now be offered at auction with an estimated price of $2.5-$3.3 million.

The sale will also include two further Shelby Cobras: a drag race record-breaking 1963 Shelby 289 Cobra 'Dragonsnake' estimated at $1.4-$1.65 million, and a 1964 Shelby 289 Cobra valued at $950,000-$1.1 million.

“We’re excited to present the 427 Competition Cobra within one of the most diverse lineups we’ve had the pleasure of offering in Arizona,” says Gord Duff, car specialist, RM Sotheby’s.

“With period competition success, long-term ownership, and extensive vintage event participation, it’s these true enthusiast examples that keep the hobby alive, and breed interest for the next generation of collectors.”

The RM Sotheby's Arizona sale takes place in Phoenix on January 28-29.

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