1967 Shelby 427 Cobra- The Last Cobra
When collecting cars it is hard to go wrong with the first or last of anything. As you would imagine the same holds true for Shelby Cobras. Here is the last 427 Cobra built by A.C. Cars and a proud member of The Canepa Collection – the Personal Favorites of Bruce Canepa.
The last 427 Cobra built by A.C. Cars was invoiced to Shelby American on 12/14/66. A 427 engine, fitted with a single 4V carburetor, was installed by Shelby American, and the car was invoiced on 10/26/67 to John Grappone Ford in Concord, NH. At Grappone’s request the car was air-freighted to JFK Airport in New York, where John Grappone and Stan Hallinan picked it up. Their drive to NH added roughly 270 miles to the car’s odometer.
On 3/23/68 a twenty one year old Erland F. Russell of Newton, MA walked into John Grappone Ford and purchased 3360. “I needed every dollar I had, plus money borrowed to buy the car.” Erland drove the car on the back roads of New Hampshire and mostly at night: “lots of driving was at 2 and 3 in the morning.” He vividly remembers driving nearly 170 MPH with a friend. In order to do this, he “removed the wing windows, sunvisors, electric fan, and floor mats.” Erland purchased a pair of Hush Puppie shoes because they were narrow enough that he could drive the car heel-n-toe. Initially registered with MA plates, the car was given the NH tag “86324H” in January 1973 when Russell moved to Hillsboro, NH. Russell drove the car only during the summer, and in 1977 he sold the car for ten thousand dollars.
Subsequently, the car was sold to Tom Gannett ,and eventually Mark McClintock of Ohio. The last owner was Anthony Tomasi who stored the car at Mike McCluskey’s in Southern California for more than a decade with only 6,000 original miles.
Canepa learned of the car through Cobra guru, Lynn Park, and finalized its purchase in August 2010. He immediately charged his Canepa team to proceed to restore CSX 3360 mechanically and cosmetically – every nut and bolt – to 100% condition, while maintaining all of its original components, hardware, wiring, vinyl, and leather.
The Cobra was honored to have appeared on the lawn at the Pebble Beach Concours d”Elegance in 2012, and now resides in Canepa’s collection.