Rare 1963 Shelby Cobra Rack-and-Pinion Demo Car

Comes with original 289 engine and with 347 upgrade.

Earlier this month, we showed you a manic 1963 Cobra Dragonsnake that was going up for auction. That car was a drag strip champion that had won numerous racing events and set records across America. But as that Cobra may be too much for most buyers to handle, we thought you’d also appreciate this street-spec 289 Cobra from the same year, up for auction on May 17 through Mecum Auctions. Sure, it wasn't as wild, but it has a unique pedigree of its own.

This Shelby was one of the first ever to be equipped with the company’s rack-and-pinion setup, and it was actually used as a demo car to showcase the system. In 1965, Shelby reconditioned the car and gave it new mufflers, seat belts, side curtains, a soft top, new carpet and new wire wheels before handing it off to its first owner. In 2006, the engine was replaced with a 347 cubic-inch unit, but both the original and the upgraded one are being included at auction. Check out the lot for your chance to bid on this piece of history.

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