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Regardless, none of the auctions in January are more fun to watch than Russo and Steele.
Sports Car Market

Two Important Shelby GT350s to Cross the Block in Monterey

Russo and Steele Offers Competition Model and Early 2-Digit Car at No Reserve

Monterey, CA. (Jul 26, 2005) -- The Russo and Steele’s August 20th “Sports and Muscle at the Marriott” Collector Automobile Auction has added two very significant and rare Shelby Cobra GT350s to it’s lineup of vehicles to be sold at NO RESERVE. The first is a Competition model and the second is an early two-digit model.


The first, a 1965 Competition GT350-R (SFM5R535) was raced in Peru where it achieved many significant victories. A blown engine in 1967 forced it into retirement until it was first restored in 1984, thus sparing it from the extensive abuse that many of these cars have today. In that initial season, GT350-Rs took seven of the top ten places in SCCA B-Production racing. Of the thirty-seven GT350-R models ever produced, an estimated 30 remain. This example is well-documented and in outstanding condition.

Another important GT350 offered by Russo and Steele is SFM5018, a rare, 1965 two-digit early model (# 18). These original GT350s were built along side the Cobras in Venice Beach, before Shelby American moved its operation to Los Angeles Airport. These low-number cars are extremely scarce today, and this one has just undergone a full “money-is-no-object” restoration. It is a consistent Concours winner, and it’s former owner was baseball great Reggie Jackson.

To learn more about these cars, please visit:
http://www.russoandsteele.com/collector_car/auto/59.html
http://www.russoandsteele.com/collector_car/auto/5917.html

Russo and Steele has a rich history with Shelby automobiles. In January, the Scottsdale-based company sold a 1963 Shelby factory Cobra racecar for $2.1 million.

Russo and Steele’s Monterey sale will feature four Shelby Competition automobiles, including a 1965 427 Cobra Daytona Coupe and a 1963 factory team car.

Other notable cars offered by Russo and Steele include a a 2004 Saleen S7, a 1955 Mercedes 300SL Gullwing, a 1968 Trans Am Javelin, a 1967 Ferrari 330 GTS and several significant Hemi-powered Mopars, among others.

Russo and Steele’s August 20th sale will feature 75 of the world’s finest European Sports, American Muscle, Hot Rods and Customs at their one-night auction in Monterey. ALL CARS WILL BE SOLD at NO RESERVE. This auction is concurrent with the Monterey Historic Automobile Races, the Pebble Beach Concours d’Elegance and Concorso Italiano.

Russo and Steele is passionate about offering the finest in European Sports and American Muscle cars in an intimate setting. This boutique, collector car auction has built an extraordinary reputation on quality, integrity, professional discretion and camaraderie amongst enthusiasts.

For detailed information or to preview Monterey cars, please visit www.russoandsteele.com

For more information, contact:
Stephanie Quinn
Phone: (602) 252-2697
This e-mail address is being protected from spambots. You need JavaScript enabled to view it.