The 427 Shelby Cobra is one of Carroll Shelby’s most well-known cars, and examples fetch huge sums of cash. This 1965 Shelby 427 Competition Cobra is a special example of that car -- David Piper and Bob Bondurant raced it to victory in the 1966 Ilford 500 at Brands Hatch.
Shelby’s Cobra originally started life with a 289-ci engine producing 390 horsepower in racing form, but gained the venerable 427 in 1965. The 427-ci engine, producing upwards of 600 hp, was added to help the Cobra regain its supremacy on the track.
Unfortunately for Shelby, the cars did not originally meet homologation requirements and could not be raced. With a later rule change, the cars became eligible to compete, but were competing against Ford’s GT40 and were only raced by private racing teams. The car offered in London, chassis number CSX 3006, is one of the original sixteen 427 Competition Cobras sold to private racing teams and is only one of nineteen competition Cobras.
The car's complete history is fully documented. The original owner, William G. Freeman, bought it from the factory and raced it twice before taking it to France. There it was bought by an Air Force captain before making its way to Chequered Flag of London, where it was converted to right-hand drive to compete in various races. Under the ownership of Chequered Flags of London and at the hands of David Piper and Bob Bondurant, the car won the 1966 Ilford 500 at Brands Hatch.
After winning that race, the car made its way through various owners and was restored to its original condition -- left-hand drive and blue paint -- in 1985. In 2003 the Cobra was converted to the way it was when it won the Ilford 500. It is being offered in the same condition, right-hand drive with white paint, a black hood, and black side pipes.
The 1965 Shelby 427 Competition Cobra is expected to fetch between $990,000 and $1.3 million when it goes up for auction at RM Auctions Automobiles of London on October 28.