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1963 Shelby Cobra DragonSnake Sells For $875k

Posted in Car Auctions, Car Buying, Shelby by Kurt Ernst | January 31st, 2011 | 1 Response |

Chassis 93, the winningest Cobra in history. Image: Mecum Auctions

If you spent much time watching the Mecum Auction from Kissimmee, FL, this weekend, one thing was readily apparent: historically significant cars still sell, even in a down economy. Case in point was Shelby Cobra number CSX2093, which was the 93rd Cobra built and one of just eight with the DragonSnake competition package. While most Cobras were built for road racing, DragonSnake Cobras were built for drag racing, as the name implies. None was more successful than chassis number 93, which was originally owned by Jim Costilow and raced by Bruce Larson. During its competition years, this particular DragonSnake racked up seven NHRA National event wins, and took the 1966 NHRA World Championship. The new owner recognized the significance of the car, and coughed up $875,000 to change the title to his name.

The last of the handbuilt Riva Aquaramas. Image: Mecum Auctions

That’s a significant amount of money, but it’s not the high seller at this year’s Mecum Auction. That award goes to a 1996 Riva Aquarama boat, the last Riva hand-built wooden boat ever sold to the public. Originally purchased in 1996 by the family that founded Sony Corporation, the Riva has led a pampered life since delivery. It’s racked up less than 20 operating hours and was used just once, for a lunchtime run across Italy’s Lake Garda. One of six “End of the Era” commemorative editions, hull number 774 was considered to be the most desirable example on the planet, and the hammer price indicated this. How much does does it cost to make a serious impression at your local yacht club? In this case, it cost the buyer $975,000, which will be close to $1.1 million with the buyer’s premium added in.

Source: Mecum Auctions

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  1. The winningest competition Cobra in history. Won 7 NHRA National events with Bruce Larson or Ed Hedrick driving. Nice to know this historic cars…