FAM stands for "Ferrari's Ass is Mine."
It's been over seven years since actor Paul Walker's fatal car crash. The tragic event shocked Hollywood, his fans, and the car community he was actively involved with. Over the years, we've seen several of the many cars he owned come up for sale all of which have interesting backstories. This particular one heading to Mecum Auction's Glendale event in March is no different.
Walker's 1965 Shelby 427 Cobra FAM, serial No. CSX1010, was originally commissioned by none other than Carroll Shelby himself in the late-1990s, only this one is very special. The FAM acronym stands for "Ferrari's Ass is Mine" in reference to his longstanding rivalry with the Italian supercar and race car company. Shelby and his misfit team of hot rodders were famously hired by Ford to complete engineering and testing of the original GT40.
Their work resulted in Ford winning the 24 Hours of Le Mans three years in a row, beginning in 1966. None of Ferrari's entries completed the race that year. The Shelby-Ford relationship also involved the latter supplying a range of V8 engines for Mustangs and, of course, the AC Ace-bodied Cobra. This example is 1 of 14 CSX1000 series examples and one of just two specially-built FAM models. It's no coincidence the Rossa Corsa and tan leather interior color combo is the same as many Ferraris.
Aside from its numbers-matching 550-horsepower 427 V8, other features include a Tremec five-speed manual transmission, a 28-gallon stainless steel fuel tank, aluminum differential housing, 4-wheel independent suspension, Wildwood brakes with Shelby calipers, and a hand-rolled aluminum body.
The one-off interior boats FAM gauges and badging, custom carpeting, and an S/C dash layout. Some notable exterior bits include Halibrand-style 15-inch pin drive wheels and a stainless steel roll bar. The listing doesn't state when Walker acquired the vehicle or whether he bought it from Shelby himself, but the fact CSX1010 has had two famous previous owners instantly makes it even more attractive for collectors. An estimated value is also not provided, but previous original Cobras continue to sell well into the six-figure range. This one shouldn't be any different.
Can't afford this? Hey, there's always the option of a new Ford Mustang Shelby GT500 for a more reasonable $74,000 MSRP.