A rare 1965 Shelby Cobra is expected to fetch between $10 million and $15 million at auction on May 15th, according to organizers. The car will almost certainly surpass the U.S. record of $5.5 million for a 1966 Shelby Cobra 427 Super Snake. There’s also a chance it could set a new world record, if it exceeds the $11 million paid for a 1961 Ferrari California Spyder.
Described as an “American jewel,” the car was the first U.S.-made race car to ever beat Ferrari in world racing championships in Europe. While it is expected to attract interest worldwide, many American car enthusiasts hope it remains on U.S. soil upon sale.
The coupe was hand built and one of only six ever made. Mecum High Performance Auctions will put the car on the block in Indianapolis on May 15.
