1966 Shelby 427 S/C Cobra Expected to Fetch Up to $3.25M at Monterey

1966 Shelby 427 S/C Cobra Expected to Fetch Up to .25M at Monterey

The 1966 Shelby 427 S/C Cobra is a quintessential piece of automotive history, a testament to Carroll Shelby’s audacious vision. Taking the already formidable 289 Cobra and “upgrading” it with a 427-cubic-inch V-8, Shelby intended the 427 Cobra for racing. However, with only 51 cars completed by the time FIA inspectors arrived, homologation approval was denied.

In response, Shelby crafted 29 competition chassis with fully trimmed interiors, marketing them as the 427 S/C or “Semi-Competition” model. These cars, while street-legal, retained the aggressive features of the competition models, including the oil cooler, riveted hood scoop, flared fenders, side exhausts, and external fuel filler. The 427 S/C Cobra was effectively a roadgoing variant of the 427 Competition Cobra, combining immense speed with a fierce, racing pedigree.

Today, these rare and powerful machines are coveted by collectors and vintage racing enthusiasts worldwide. The 427 S/C Cobras are known for their staggering performance, often outperforming contemporary racing cars, making them the ultimate “street” Cobra.

CSX 3036: A True Classic
Offered for the first time in 25 years from a renowned collection of mid-century American sports and racing cars, CSX 3036 stands out as one of the most significant Semi-Competition Cobras ever built. With a well-documented history and prior ownership by notable Shelby historian Ken Eber, CSX 3036 is a prized example of this iconic model.

CSX 3036 was shipped to Shelby American on February 21, 1965, and converted to S/C specifications in June 1966. Originally painted Ivy Green, it was sold to San Francisco’s S&C Motors and subsequently to its first owner, Peter Van Valen. After being deemed too wild for its early owners, the car was sold to Ken Bender, who successfully raced it in regional SCCA events, winning the 1970 COWPAC championship.

Following its racing career, CSX 3036 underwent several transformations, including a repaint by Shelby historian Ken Eber and later a sympathetic restoration by marque specialist Mike McCluskey. In 1998, it was acquired by the current consignor, who has meticulously restored and maintained it to an exceptional standard.

The restoration, completed by Hall Fabrication and Terry Scarborough Racing, preserved the car’s original features while ensuring top performance. The engine was rebuilt to produce 544 horsepower, and the car received an ACCUS FIA Technical Passport in 2008, making it eligible for vintage racing and rallies.

CSX 3036 is a standout among the 29 S/C Cobras built, with a storied racing history and renowned previous owners. Its combination of race victories, documented authenticity, and expert restorations make it one of the most coveted and significant examples of the Shelby 427 S/C Cobra.

Source: rmsothebys.com
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