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Shelby American went out on a limb in 1998 and released their own car with a custom chassis and Oldsmobile L47 Aurora V8. This was the one and only Shelby product that was made from a clean slate; all previous cars having being derived from a production model.

A limited production of 250 cars had many speculating that the Series 1 might become an instant classic and one of the big opportunities of the late 1990s.

Shelby chose the 4.0-liter Oldsmobile engine to which offered 320 bhp in a car that weighed only 1,202 kg (2,650 lbs). Some of the initial prototypes were supercharged in excess of 600 bhp.

True to the Cobra's concept, the Series One had an aluminum body with carbonfibre honeycomb panels for the floorboards. Inside the car was sparse and used widely available OEM controls and a wide range of options that included a carbon fiber dashboard, air conditioning, power windows and a GM Monsoon stereo system.

Chassis & Sales

1999 Shelby Series I Roadster - sold for $96,250 This outstanding example is accented by blue racing stripes, has covered only about 3,000 miles from new and is surely one of the very best examples available today. As a very desirable late-production Series I, car number 217 of the 249 built, it also benefits from the comprehensive process and quality improvements made by Shelby American over the course of production. Desirable features include a carbon-fiber dashboard and a clear adhesive b... more
Gallery: 2011 Amelia Island Auction by RM Auctions

1999 Shelby Series 1 - sold for $110,000 Number 194 of 249 built. Carbon fiber body, 2,650lbs, 4.5 sec 0-60, 185mph top speed, power steering, power brakes, air conditioning, power windows, power locks, AM/FM/CD, softtop and 6-speed transmission. 5,500 original miles.
Gallery: 2012 Barrett-Jackson Scottsdale Auction

1998 Shelby Series 1 - sold for $88,000 V8 Oldsmobile engine with 6-speed manual transmission. Only 2,370 miles. Only 250 of these cars were produced. Leather seats, cruise, tilt, power seats and power windows.
Gallery: 2012 Barrett-Jackson Scottsdale Auction

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