Shelby Cobra Daytona Coupe Beats Europe’s Best to Win International “Car of the Year” Award

Carroll Shelby International, Inc., (OTC: CSBI.PK) announced that the Shelby Cobra Daytona Coupe was crowned “Car of the Year” at the International Historic Motoring Awards. Currently owned by the Simeone Foundation Automotive Museum, Shelby Cobra Daytona Coupe CSX2287 again trounced Europe’s best during a gala at London’s St. Pancras Renaissance Hotel on November 20.

A ‘who’s who’ of historic motoring, famous names and familiar faces gathered for the award ceremony emceed by racing driver and television presenter Tiff Needell. Dr. Frederick Simeone, founder of the Simeone Foundation Automotive Museum and Neil Cummings, Co-Trustee for the Carroll Hall Shelby Trust and co-CEO of Carroll Shelby International attended the prestigious event.

“Carroll Shelby created the Shelby Cobra Daytona Coupe to do just one thing: win,” said Neil Cummings. “It delivered America’s first class victory at Le Mans 50 years ago. In 1965, the team Coupes won Shelby American and the United States its first FIA World Championship. This Shelby then went on to set numerous land speed records. These achievements captured the hearts of fans worldwide, who voted it ‘Car of the Year’ for 2014.”

The IHMA celebrates the achievements of the worldwide historic motoring industry with 14 categories judged by an international panel of experts. However, the general public voted online for the Car of the Year winner.

Finalists for the 2014 IHMA Car of the Year were:

  • Shelby Cobra Daytona Coupe CSX2287
  • Ferrari 250 GTO
  • Ferrari 375MM Scaglietti
  • Mercedes 18/100
  • Jaguar's E- type Lightweight Continuation cars
  • Lotus Type 56 Chassis 3
  • Rover-BRM
  • Malcolm Campbell's record-breaking 150mph Sunbeam 350HP

The Shelby Cobra Daytona Coupe built by Shelby American in Los Angeles (CSX2287) carried the day. It was the first of six created for international competition. Shelby’s aerodynamic Coupes dominated and captured the International Manufacturer's GT Championship, the first time an American manufacturer won the series. Fittingly, CSX2287 was the first American car to be nominated for this award and the only unrestored car among this year’s eight nominees.

CSX2287 is currently owned by the Simeone Foundation Automotive Museum in Philadelphia. Assembled by renowned neurosurgeon Dr. Frederick Simeone, the collection has 65 of the world’s greatest racing sports cars. Using the theme “The Spirit of Competition,” it honors the history and evolution of the magnificent machines.

“Ironically, the competition for this prestigious award included both the Shelby Cobra Daytona Coupe and its chief nemesis, the Ferrari GTO,” said Joe Conway, Co-Trustee for the Carroll Hall Shelby Trust and Co-CEO of Carroll Shelby International. “Fine examples of both reside in the Simeone Museum Collection. Shelby Cobra Daytona Coupe chassis #CSX2287 played a crucial role in securing the 1965 Sportscar World Championship.”

Earlier this year, the Shelby became the first car ever to be accepted into The National Historic Registry of the United States thanks to the efforts of the Historic Vehicle Association. Dr. Simeone’s Museum and Carroll Shelby International cooperated with the HVA to chronicle this incredible story. Carroll Shelby Licensing donated images and provided HVA access to materials that will be part of its register archived in the Library of Congress.

“Carroll Shelby and his team at Shelby American have an incredible record of achievement and we appreciate the efforts of Dr. Simeone to promote those accomplishments,” said Cummings. “Thanks to his support of the HVA and IHMA, the world is recognizing the important contributions of Carroll Shelby and his companies to the automotive community. Next year, 2015, will be even more important as we celebrate the 50th anniversaries of the FIA World Championship, the birth of the big block 427 Shelby Cobra and the introduction of the first Shelby GT350.”

About Shelby American, Inc. and Carroll Shelby Licensing

Carroll Shelby International is a publicly traded company based in Gardena, California. Its Shelby American division is involved in vehicle manufacturing, design and engineering projects under a license agreement with Carroll Shelby Licensing Inc. For more information, call (702) 942-7325 or visit www.shelbyamerican.com.

Founded by Carroll Shelby in 1988, Carroll Shelby Licensing, Inc. is the exclusive holder of Shelby trademarks and vehicle design rights for all automotive products, which include some of the world’s most famous muscle cars and high-performance vehicles, including the car that brought home to the U.S. its first and only FIA World Manufacturers Championship in 1965, the famous Shelby Cobra Daytona Coupe. It also licenses Shelby-branded apparel, accessories and collectibles for all things automotive. For additional information, call (310) 914-1843, fax (310) 538-8189, write Carroll Shelby Licensing, Inc., 19021 S Figueroa St., Gardena, CA, 90248, or visit www.carrollshelby.com, www.shelbylicensing.com or www.carrollshelbyinternational.com.

Safe Harbor Statement

The statements contained in this press release that are not purely historical, including statements regarding the Company’s expectations, hopes, beliefs, intentions, or strategies regarding the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results may differ materially from those expected because of various known and unknown risks and uncertainties, including, but not limited to, the continuing effects of the U.S. recession and global credit environment, other changes in general economic and industry conditions, the award or loss of significant client assignments, timing of contracts, recruiting and new business solicitation efforts, currency fluctuations, and other factors affecting the financial health of our clients. These and other risks are described in the Company’s most recent annual report on Form 10-K and subsequent reports filed with or furnished to the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statements.

Contacts:

for Carroll Shelby International, Inc.
Scott Black, 214-520-3430
sblack@tprm.com

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