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When there’s only one prototype of a car in existence, and it features the name ‘Shelby’ in it, there’s no doubt it’s one of the rarest and most sought after collector cars in the world.
The Oklahoma State Bureau of Investigation (OSBI) is investigating Classic Recreations LLC for allegedly engaging in fraudulent activity relating to swapping VIN numbers on their rebuilt G.T.500CR Mustangs, which were endorsed by Shelby American.
According to local media reports, the company took VINs from junked Mustangs and applied them to their GT.500CRs, and sold them as new cars for between $150,000 and $200,000.
“They were presenting them as original Mustangs, when in fact, they were not,” said OSBI agent Gary Perkinson. “We’re looking at removing VIN numbers from vehicles, which is a crime. Then you’re looking at potential fraud.”
Anyone who has purchased a car from Classic Recreations should contact the OSBI immediately.
Roughly five months after it was announced at the 2009 SEMA Show in Las Vegas; Yukon, Oklahoma based Classic Recreations has now revealed its built to order G.T.500CR. Endorsed by Shelby American, each of these potent ’67 original fastbacks will be powered by modified 427 cubic-inch (7.0-liter) small-block Windsor V8s and feature Tremec transmissions and modern coil-over suspension.
Every G.T.500CR comes with an official Shelby serial number and will be listed on the Shelby World Registry. Three different versions of the car will be offered: Performance, Intro and Venom. The Performance version features a 545-hp engine, Tremec five-speed manual gearbox, coil-over suspension and custom crafted interior, including seats tailored to the buyer’s specific requirements with Carroll Shelby’s signature. The Performance G.T.500CR, first revealed in February at Las Vegas Speedway, is now available for ordering. Intro and Venom models will follow shortly, the latter featuring a supercharged 780-hp Windsor V8 and unique four-link rear suspension among other things.
Classic Recreations has been modifying, fabricating and building custom and classic vehicles for a decade. Each G.T.500CR takes approximately four months to build with around 2500 man hours in each car from start to finish. For more information visit: