Carroll Shelby - Series 1

Series 1

Shelby's Series 1 roadster used Oldsmobile's 4.0 L L47 Aurora V8, but was poorly supported by the ailing GM division.

The Series 1 is the only car ever produced by Carroll Shelby from a clean sheet of paper, and built from the ground up. All other Shelbys are re-engineered models produced by other manufacturers and modified by Shelby.

Prior to production of the Series 1, significant costs were incurred in testing and certification required to conform to 1999 Federal Motor Vehicle Safety Standards. Once completed, a total of 249 production Series 1 cars were constructed by Shelby American, Inc. as year 1999 models.

During production, Venture Corporation purchased Shelby American, Inc. The purchase included the Series 1 model, but not the rights to produce the "Continuation Series" Shelby Cobras. In 2004, after a subsequent bankruptcy by Venture Corporation (unrelated to the acquisition of Shelby American), Carroll Shelby's new company, Shelby Automobiles, Inc., purchased the Series 1 assets for pennies on the dollar. Included in the asset purchase were enough components to produce several more complete Series 1s.

Because the 1999 Federal Motor Vehicle Safety Standards certificate had expired, and the cost to re-certify the car was prohibitive, all Series 1's produced after that date were completed as "component cars" and delivered with no engine or transmission. Those "component car" models built in 2005 are identified with a seven-digit vehicle identification number (VIN) and were designated with a CSX5000 series serial number. The original 249 were production cars with a seventeen-digit VIN.

The Series 1 was produced in both supercharged and normally aspirated versions. Supercharged cars were also outfitted by the factory with larger brakes and a heavy duty clutch. Performance is in the "supercar" category with a 0 to 60 mph time at 3.2 seconds. Nicely optioned, Series 1 had power steering, power disc brakes, factory air conditioning, power windows, and an AM/FM/CD audio system. The convertible top folded away out of sight in a compartment located behind the cockpit. Some component cars were sold as roadsters, with no convertible top.