Russo and Steele to offer Significant COBRA

Russo and Steele will feature several rare and collectible automobiles form the Jim Foust Collection at their August 18โ€“19 Sports and Muscle in Monterey Collector Automobile Auction. Some of the more significant cars from the Foust Collection will be a Full Competition 427 Cobra and a Ford Galaxie 427 R Model.

Continuing with their tradition of offering significant Shelby American automobiles at their Monterey sale, Russo and Steele will offer the ex-Lothar Motschenbacher 1965 Shelby 427 Cobra Full Competition (CSX3012). This example is one of only 22 full competition models to leave the factory. Motschenbacher campaigned this car in the โ€™66 USRRC Championship. Subsequently, the car was returned to Shelby American and rented to MGM to be used in the 1966 Elvis Presley movie โ€œSpinout.โ€ Elvis and CSX3012 are prominently featured on the album cover. According to the auction company, this Cobra includes complete ownership history, thorough documentation, has a Concours quality restoration and has garnered significant awards on both show field and track.

The other interesting racecar from the Foust collection is a 1963 1/2 Ford Galaxie 427 โ€œRโ€ Model. In 1963, Ford got very serious about racing, and by mid-1963, they released a limited number of 427 โ€œRโ€ models. These cars came with a mighty 7-liter engine that produced 425 horsepower and featured a lower roofline for better aerodynamics, 15-inch wheels (14 was standard), bigger brakes, stronger driveline and a 4-speed transmission. These cars proved successful on the drag strip, as well as the superspeedway.

These cars plus the Shelby prototype Trans-Am Mustang, the 1938 Indy โ€œBlue Crown Specialโ€ and many more will cross the auction block the evenings of August 18โ€“19. For more information, please visit www.russoandsteele.com.