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Shelby Cobra, Mercedes 300SL and 1947 Woodie from Petersen Museum headed to auction

The changes happening at the Petersen Museum have been making the rounds in major press, but it probably won't be until August 18, during Pebble Beach, when we get the full story on what's happening; that's where and when museum reps plan on announcing the way forward for the SoCal institution. In the meantime, the museum is still reorganizing its collection, and that means

Shelby takes second swing with Series 2

Remember the Shelby Series 1? It was a modern day Cobra that spewed the venom of a 400-horsepower 4.0L V8 and was wrapped in carbon-fiber skin with a aluminum honeycomb skeleton. A Series 2 model is set to debut at the 2006 Concorso Italiano in mid-August that will cost $220,000. Though the has not yet "officially" debuted, production has begun at Shelby's facilities in Las Vegas and most of the limited edition models have already been sold. Inside Line reports that the Series 2 will feature res

AC Cobra returns to kill replicas in the U.S.

British sports car manufacturer AC has signed a new a distribution deal to sell an updated version of the iconic AC Cobra called the Mk V in the U.S. A new factory located on the Mediterranean island of Malta will begin production of the Mk V soon that features an all carbon fiber skin on a traditional ladder-frame chassis, racing brakes and 16-inch alloys. Unique Performance based in Texas will handle sales of the car in this country, all of which arrive less the engine and transaxle just like