LMC is very proud to offer for sale this 1966 Shelby 427 Cobra.
While the 289s were cleaning up against the Ferraris, Shelby knew Enzo would build something for the next season that would be built to beat the Cobra. Shelby had to look ahead to the next season and build something faster. The 289 Cobra could not be made any lighter, so he decided to give the car a larger engine. The first 427 prototype was built on a stiffened 289 chassis, but the small block’s 20-year-old technology could not handle the massive power coming from the new engine. The 427 featured a thick and larger chassis and slightly modified body, but keeping the original 289 doors, windscreen, hood, and trunk lid. By the time the 427 came to life, Ford already had a promising sports car to beat the Ferraris and the GT40. Due to the use of this, the only 427 to ever race for the team was the first prototype, CSX2196. Shelby made many versions of the original CSX 427 Cobras, of which, only 316 were built in total. There were 19 full Competition, 31 S/C models and 260 street cars built, of which, roughly 100 of them came with a lower horsepower 428 engine as this was a way for Shelby to save money. The remaining 160 came with the more powerful 427 engines. The 427 Cobra is the ultimate successor to the 289 and "Anything the 289 did poorly, the 427 did well; and anything the 289 did well, the 427 did better".
On August, 16, 1965 Shelby American was billed by AC Cars for one 427 Cobra with factory Black paint and interior. Shelby American received delivery of the Cobra in December of 1965 and had the car finished ready for shipment by February, 2, 1966. Jim Hopkins of Illinois became the first owner after the car was air freighted into O'Hare airport. In 1967, Hopkins moved to California where Shelby’s Hi-Performance Motors serviced the car during his ownership. By the late 1960’s, Mike Novik of Michigan became the next known owner of the 427. Novik enjoyed the 427 for several years before he placed it for sale in 1973 with 12,000 actual miles, "perfect in every way". Its third owner, Gordon Walker, took advantage of the car and enjoyed occasional autocross competition in the mid-'70s. Walker took the car to a SOA convention and a Blackhawk farms event where he placed 1st in class on both occasions. Later it would be repainted silver during that period and was sold to Phil Ramey in 1978. During his ownership, Ramey drove the car cross-country at least twice, and stopped in for the 4th and 6th SAAC convention. It wasn’t till 1991 when the car would be restored back to its highly collectible original factory black exterior. After a few subsequent owners, 23 years later and the car remaining in the same general condition, LMC was able to purchase this very special and unique cobra. Over the past few years of ownership, LMC treated the car to a frame on restoration, returning it to its original configuration with attention to detail. Of the 260 big blocks, this is one of only 160 real 427 engine street Cobras and one of only 15 painted in the most desirable color, black. This car retains its original body, chassis and is a true icon of motoring history. With this combination, this car is undoubtedly one of the most desirable street 427 Cobras in the world. Legendary Motorcar has just finished the restoration on this Cobra and has ensured the car looks and feels the same way for its next owner, as it felt for its original owner, over 50 years ago!