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Why did the 1966 Shelby Cobra 427 Super Snake sell for $5.5 million?

COBRA photos sell Shelby Snake
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Why did the 1966 Shelby Cobra 427 Super Snake sell for $5.5 million?

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Why did the 1966 Shelby Cobra 427 Super Snake sell for $5.5 million? The 1966 Shelby Cobra 427 Super Snake made history on January 21, 2007, fetching $5.5 million at the Barrett-Jackson Collector Car Auction, a world record price for an American car, auction organizers said. The 800-horsepower sports car was one of just two produced and was used as personal transportation by famed racer and performance-car builder Carroll Shelby himself. The buyer was car collector Ron Pratt of Chandler, Arizona. Shelby, 84, was present at the annual auction, which is held in Scottsdale, Arizona, and brings together hundreds of c

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