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1964 Shelby Cobra 289 on the market

1964 Shelby Cobra 289 won countless historic races – now for sale.

With its combination of light weight and plenty of engine power, the Cobra, in production since 1962, has grown into a racing legend. With the Ace, British company AC built a car that American racing driver and designer Carroll Shelby saw as the perfect foundation for the powerful American V8 engines. AC adapted their car to the engine and henceforth supplied the chassis in the USA, where Carroll installed Shelby V8 engines in the car, now called Cobra. The racer was immediately successful in so many races that Ford participated in the Cobra program with its own development proposals. From 1963 AC also built the Cobra for the European market. The best-selling model there was the Cobra Mark II 289. Such a model, built in 1964 (although delivered to the United States) is now on sale at British classic sports car dealer William I’Anson. The CSX2532-rated car has won back-to-back races.


Shelby instead of a Ford engine

The CSX2532 was supposed to get a small, five-bolt block of 289 cubic inches (4.7 liters) from Ford. However, these engines were no longer available when the CSX2532 chassis came to the United States. So Carroll Shelby built a mixture of the original 1964 engines and those intended for 1965. These engines have their own Shelby engine number and produce approximately 275 horsepower. The car for sale now is either the first or the second to have a Shelby engine – and the powerful racer has a gross weight of just 1,050 kilograms.


William I Anson

1964 Shelby Cobra 289 is now up for sale.

The best equipment at that time

The Cobra is equipped with “Class A” accessories. These included a dual 4-volt carburetor, a special manifold, a fiberglass scoop on the hood, five chrome wheels with white tires, a luggage rack, a radio antenna and a window defroster hatch. In 1964, a vehicle with Class A equipment including shipping to the USA cost $6110.65 – including inflation, that would be $56672.14 today (currently equivalent to about €53,789).


Authenticity confirmed by experts

After the Cobra arrived in Los Angeles at SS Loch Garth in August 1964 and was rebuilt by Carroll Shelby, an Alderman Ford dealer sold the racer to its first owner. In the mid-70s, the car passed to a new owner who immediately had an accident. The driver of the accident replaced the damaged metal plate with a fiberglass body. Even before the repair work was completed, the Cobra went to its next owner, who then sold the car to Gordon Steins. Stennes was unsure of the matching numbers and seemed unhappy with the condition of the cobra. So in December 1978 he hired recognized Cobra Expert Chuck Gottke of Cobra Restorers to review and recover the Cobras. Gutke compared all available part numbers and confirmed the car’s authenticity.


Shelby Cobra 289

William I Anson

A rolling cage and five-point belt bucket seat protect the driver, who operates the newly overhauled transmission with a Hurst transmission.

Suitable for historical races

In addition, Gordon Stennes decided to take part in historical races with the CSX 2532. Therefore, as part of the restoration work, he professionally reorganized its chassis and fitted it with a handcrafted FIA-style aluminum chassis. The restored cobra rode the wheels of the Hallibrand. Aircraft engineer Ted Hallibrand has been building magnesium wheels since 1946—in the 1970s, many Cobra drivers relied on these lightweight wheels. Stennes had painted the Cobra in Guardsman Blue with two Wimbledon White stripes—once the restoration was complete, the car was ready to show. He registered it in Georgia under the Akubra license plate and entered the car in several historic races. In July 1987, the American automobile magazine Car Collector presented the Staines Cobra.


Shelby Cobra 289

William I Anson

The Cobra was made by the English sports car manufacturer AC, and the engine came to the car in the USA.

Falling prices in 2004

In 1991, after driving a total of 2,400 miles (3,862 kilometers), Stennes offered his Shelby Cobra 289 for US$235,000 (or better offer). $235,000 in 1991 would be $496,060 today. It is not known if the next owner actually paid $235,000. The car was then changed several times before it was bought by Florida resident Doug Schoos. Schoch kept the Cobra for ten years and put it up for sale in 2004 for $250,000—today it would be $380,498 or €360,899. Compared to 1991, the price of the Cobra is down over $115,000, adjusted for inflation.


Made in Tracking Tool in Europe

After another sale, the car went to its current owner in England in 2006 – so the Cobra has now been in one hand for 16 years. Immediately after arriving in England, Plan B Motorsport’s Bruce Stevens prepared the Shelby Cobra to race in Europe. A new round cage, a special tank bag, a bucket seat with five-point harnesses and a modern fire-extinguishing system were installed in the vehicle. Plan B Motorsport specialists removed many of the suspension components and set them aside. They replaced the engine with a new, modern unit – they also kept the original one. The Cobra also got a Le Mans-style aluminum hardtop. The new color is black with grayish-white stripes.

Shelby Cobra 289

William I Anson

The Cobra is currently equipped with a special racing engine – but the original engine can be restarted in the car at any time.

very successful

Ready in time for the 2007 season, the CSX2532 quickly established itself as one of the most competitive Cobras in Europe’s historic races. Among other things, it was driven by British racing driver Simon Hadfield. The drivers of this car are said to have won countless GT & SCC (GT & Sports Car Cup) titles and the Cobra is said to have been the car they won in events like Peter Auto’s Sixities Endurance in Barcelona, ​​Circuit Paul Ricard and Mugello Circuit Motaqa.

Shelby Cobra 289

William I Anson

Cobras are light and powerful – they are still considered very competitive vehicles to this day.

With refurbished components for sale

After the death of Bruce Stevens of Plan B Motorsport in 2013, the CSX2532 was taken over by classic English specialist Moto Historics. The gearbox and differential received a new overhaul and have not been in operation since. The overhauled engine has two clocks on the clock. The Cobra also comes with the FIA-HTP (Historical Technical Passport), which is valid until 2025. The car also includes previous registration addresses from the US states of Tennessee and Georgia, as well as correspondence and notes from Gordon Steins and a selection of photos from his time with the car. Shelby Cobra has a British V5C road registration, which is similar to the German vehicle registration.

Shelby Cobra 289

William I Anson

The Le Mans-style aluminum hardtop didn’t make it to the Cobra until 2006.

The car must have chances to win

William I’Anson dealers confirm that all components removed in 2006 and the engine are part of the delivery range. This makes the Shelby Cobra 289 one of the few samples whose original engine is still available. The car is still so powerful that it has a chance of winning all the appropriate historical races, according to the description. Officials at William I’Anson have yet to respond to a price request.


opinion poll

Yes, with classic vehicles you still have to be able to drive properly.

No, in a way the car is too good for me.



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Conclusion

Originally shipped to the US in 1964, this Shelby Cobra 289 had a busy life. Several rapid changes of ownership were always followed by periods of lull, with the private owner taking good care of the car and keeping it in good condition. The car has been racing in the US since the late 1970s and came to England in 2006.

Its British owner has turned the Cobra into a first-class racing car for historic racing – drivers have achieved countless successes with the car in various races over the past few years. The car is now for sale in an apparently good condition. It comes with its original engine and many original parts, which is a rarity for a 1960s Cobra. The CSX2532 looks set to continue winning historic races.

British trader William I’Anson has yet to reveal an asking price. From 1964 to today, the value of the car has increased significantly – with a slight decrease in the early 2000s. A price in excess of one million euros would not be a surprise.

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