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First Ford Shelby Cobra sold for ridiculous amount of money

At the RM Sotheby's Auction Monterey at Pebble Beach, the first Ford Shelby Cobra prototype, built on the CSX 2000 chassis, sold for a record-breaking $13.8 million.

There were a ton of absolutely insane cars at the RM Sotheby’s Monterey Auction at Pebble Beach, but by far the most monumental was the first Ford Shelby Cobra prototype built on a CX2000 chassis.

The 1962 Cobra, which went on auction last Friday night, sold for a record-breaking $13.8 million, making it the most expensive American car ever to be sold at auction.

This 1962 Cobra holds with it an insane amount of history. Firstly, it was the first. It’s what launched Carroll Shelby’s career and his partnership with Ford. Shelby then went on to develop the Ford GT Le Mans race car, which went on to win four consecutive championships.

This 1962 Cobra is the predecessor to the GT, which was the hallmark for American automotive engineering on the world stage.

For the past five decades this 1962 Cobra was within Carroll Shelby’s estate,  and was part of his personal collection. Even the torn up driver’s seat only added to the cars history, and probably had little to no influence on its value. After Shelby’s death in 2012, it was incorporated to the Carroll Hall Shelby Trust before it was moved over to the auction block.

The last record-holding American car to sell at auction was a 1968 Ford GT 40 Gulf/Mirage Lightweight. Yes, it was the same Ford GT 40 to win at Spa and Le Mans and was driven by Jacky Ickx. It sold back in 2012 for $11 million.

Even today, Shelby’s influence is permeating through Ford design. Ford recently brought back the Ford GT to compete in Le Mans once again. And for years Ford has slapped the Shelby badge on its Mustang, but this year’s Shelby GT 350R is a monster of a machine and an even more miraculous drive. Shelby’s attention to detail is clearly alive within Ford.

BYD has launched the third-generation Qin Plus DM-i in China, and the first thing that caught my eye is its price. According to CarNewsChina, the plug-in hybrid sedan starts at 79,900 yuan, which is about $11,980. That’s an incredibly low price for a brand-new car, especially by US standards.

What’s even more impressive is the range. The Qin Plus DM-i can drive up to 137 miles on electricity alone, which should cover most people’s daily commutes without using a drop of gas. Once the battery runs out, the 1.5-liter engine takes over. Thanks to its 17-gallon tank and roughly 91 mpg with a drained battery, the combined range reaches up to 1,423 miles. 

Apple won the PC market’s worst quarter, but that’s not the entire story. It won the race by stumbling less than everyone else.

PC makers shipped just 57 million computers worldwide in Q3, which might look good, but it’s a 21% year-over-year plunge (via Counterpoint Research). And despite Apple’s Mac shipments falling by 11%, to 5.6 million, its market share rose from 8.7% to 9.8%. How did that happen?

Update (October 22 23:54 PT): In response to our query, GM clarified that offline recording support is already available on eligible vehicles. Like Tesla's Sentry Mode, it requires owners to connect a USB drive to save incident recordings, which can be viewed on the vehicle's infotainment screen. The upcoming Connected Cameras feature will build on this by giving owners remote access to these recordings via the revamped OnStar app, allowing them to check footage without walking out to their car.

General Motors has announced plans to add a new Connected Cameras feature to its OnStar service starting next year, giving drivers a way to monitor parked vehicles remotely and capture footage of certain incidents.