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 |  Jun 04 2010, 9:42 AM

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The value of the 2011 Shelby GT350 has just gone through the roof, as legendary racer and tuner Carroll Shelby has admitted the car may be his last. But don’t worry performance fans, 87-year-old Shelby isn’t ready to retire just yet. Instead Shelby is looking to focus more on the parts business, rather than selling whole cars from his Shelby American performance facility in Las Vegas.

“I want to build fewer cars and sell more parts,” said Shelby in an interview with the Dallas News. “It’s hard to make any money on a car. But our parts business is growing 15 to 20 percent a year.”

Previous to the GT350, Shelby’s company produced the Shelby GT from 2007-08. The company built 5,000 of them, but Shelby admits that there’s just no market to sell that many version of a custom model any more.

Instead Shelby is looking to diversify his business and is even considering licensing a chain of shops that could work on and install Shelby American parts. Either way, we’re sure we haven’t heard the last of Carroll Shelby.

GALLERY: Shelby GT350

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[Source: DallasNews]