Shelby says 2011 Mustang GT 350 may be his last
After 45 years of creating Cobras and hot-rod Mustangs, Carroll Shelby says his latest car – the 2011 Mustang GT 350 – might be his last.
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Source: Shelby says 2011 Mustang GT 350 may be his last
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Shelby, who is 87 and one of the world's longest-living heart transplant recipients, says he can't make much money building modified muscle cars, and he wants to focus on selling high-performance parts. "I want to build fewer cars and sell more parts," Shelby said recently in a telephone interview from his East Texas ranch in Pittsburg. "It's hard to make any money on a car. But our parts business is growing 15 to 20 percent a year." Shelby, a racing legend and Ford icon who built his first Cobra sports car in the early '60s, plans to spend the next two or three years filling orders for the new GT 350 – a reprisal of the track-ready Mustang Shelby originally conceived in the mid-1960s. He figures he will build about 500 of the GT 350s a year, as well as continuing to offer extensive Super Snake modification packages for the GT 500 Mustang built by Ford. Shelby, a graduate of Woodrow Wilson High School in Dallas, also wants to open some Shelby speed shops throughout the U.S. – similar to Quantum Performance in Farmers Branch, which is certified by Shelby to build Super Snakes and make other Mustang modifications. The current GT 350 is a "post-title" car, meaning customers must first buy a 2011 Mustang GT from Ford and then have it shipped to Shelby's facility in Las Vegas for extensive modifications – a process that can cost $70,000. His last car, the 2007-08 Mustang Shelby GT, was built from Mustang GTs supplied directly by Ford and shipped to dealers for sale. Shelby sold about 6,000 of the cars. "We don't build 5,000 or 6,000 of anything anymore," he said. |
Source: Shelby says 2011 Mustang GT 350 may be his last
