At $13.75 million, this is now the most expensive American car ever sold

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There’s a new reigning monarch for the most expensive American car ever sold at auction. And it’s a modified British sports car with a Ford V8 under the hood. Go figure.

The roundish blue shape you see above is the 1962 Shelby 260 Cobra “CSX 2000” — a.k.a the first Cobra from lionized car designer Carroll Shelby. It just fetched $ 13.75 million ($ 12.5-million bid plus fees) this weekend. That makes it the most expensive American car ever sold at auction.

Though Shelby didn’t know it at the time, this little mod-job would go on to change American sports cars forever. Now it’s altered the trajectory of American-car values forever, too. Talk about influence. Read more…

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