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Flash.(Briefs)
Shelby ventures forth
Venture Industries has filed for bankruptcy, which means a lot if you work for an automotive plastics supplier in Europe, or any number of suppliers in the United States, but what does it mean to us? Well, Venture Nevada owns 75 percent of Shelby American, maker of the Shelby Series 1 sports car. Carroll Shelby owns the other 25 percent. As of press time, Carroll Shelby reportedly was trying to buy back the other 75 percent.
Shelby American claims it has been fairly self-sufficient for two years and can get by without Venture. If a deal can be hashed out, that would free up Shelby American to get to work on the Series 2, the successor to the Series 1. Series 1 production was officially stopped a couple of months ago at 249 cars after engine re-certification hurdles proved too steep.
Phantom Cobras?
Series 1 production may be on hold, but that's not stopping production of new Cobras. Shelby and Texas dealer Scott Sanderson are offering 10 special ...
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- Titan Motorcycle Teams With Shelby American.
- Press release article from: PR Newswire November 10, 1998 700+ words
...TMOT) announced today an agreement with Shelby American, Inc., producer of the legendary Cobra Roadster...Titan is honored to join industry legend Carroll Shelby and his Shelby American team in this exciting, historic project...
Source: HighBeam Research, Flash.(Briefs)