Carroll Shelby Says 2011 Mustang GT350 May Be His Last

Colum Wood
by Colum Wood

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

[Source: DallasNews]

Colum Wood
Colum Wood

With AutoGuide from its launch, Colum previously acted as Editor-in-Chief of Modified Luxury & Exotics magazine where he became a certifiable car snob driving supercars like the Koenigsegg CCX and racing down the autobahn in anything over 500 hp. He has won numerous automotive journalism awards including the Best Video Journalism Award in 2014 and 2015 from the Automotive Journalists Association of Canada (AJAC). Colum founded Geared Content Studios, VerticalScope's in-house branded content division and works to find ways to integrate brands organically into content.

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