A Legend Laid Bare: The Very First Shelby Cobra

Story By Matt Stone • Photography As Credited

Carroll Shelby and a memorable gang of SoCal hotrodders had gathered in Dean Moon’s shop. It was early 1962, and a new Ford small-block V8 was being lowered into the empty engine bay of an AC Ace roadster. This is where the whole Cobra thing began.

The car was Shelby’s development mule–a show car, a press car. It was on the move all the time in those early days, and was repainted several different colors so people–primarily magazine editors–would think there was more than one. Shelby owned it when it was born, and it is absolutely not for sale at any price.

CSX2000 is wonderfully worn but beautiful in every way, medium metallic blue at the moment and not likely to ever change colors again. Half the gauges don’t work, though the right turn signal does. All the time. No matter which levers I fiddle with.

The car’s thin, wood-rimmed, alloy-spoked steering wheel feels like it’s made of Red Vines. There are shaggy tears in the original leather seats. A crack in the blue paint on the top edge of the dainty, alloy passenger door reveals a glimpse of an earlier coat of yellow.

The engine compartment is a bit shabby, the welds on the handmade headers not exactly NASA quality. Who knows how old these rock-hard Goodyear Motorway Special tires are: 6.70-15s on the rear, a 6.50-15 on the right front, and a 6.40-15 on the left front. Close enough.

Some would label CSX2000 as “weathered” or even “thrashed”; others would say it has “patina.” I say it’s historic, fabulously unmolested, and deserves to stay this way.

Turn the key, press the starter button, and the solid-lifter V8 snaps awake, settling into a slightly cammy, clackety idle. Wisps of blue smoke trail from the 1.5-inch-diameter dual tailpipes, indicating piston rings that were indeed rode hard, put away wet, and kept from seeing much action in the last 20 years.

But the little 260 revs willingly and, once running, transforms the first Cobra from a vaunted, horrifyingly valuable museum piece into–as Shelby calls ’em–a sport car. It sounds good. It even smells good–old car smells. Depress that firm clutch pedal, select first with the stubby gearshift, and we’re away.

The engine–plenty broken in by now–revs easily and speaks the expected small-block-Ford sounds. Each tall gear seems to pull forever. Redline is 5750 rpm, though it’s been to 7000 and more countless times.


We dare not take it there anymore, lest one of those original piston rings decides to help an original piston and ventilate the original engine block–not something I want to be responsible for. But a crisp one-two shift at 5000 revs brings a bark of old rubber, and suddenly it’s 1962: I’m Sports Car Graphic magazine’s John Christy, doing the very first article on Shelby’s new creation.

There’s plenty of play in the worm-and-sector steering, but it’s probably caused by the tires. They make the whole car feel squishy. But considering that at least two of them were put on the car when JFK was in office, I’m just happy they roll and hold air. Better not push the handling thing. No such problem with the brakes, however; the unassisted four-wheel discs, inboard at the rear, require a firm shove with the right foot, but there’s plenty of stopping power. And very little dive or squat. No CAD-developed, electronically managed suspension system here–just transverse leaf springs, a somewhat flexi chassis, and worn-out shocks.

Let’s go through the gears again. That tall rear-end ratio lets the first Cobra roll at freeway speeds in second and comfortably in third. Fourth feels like an overdrive; imagine what this combination of flexible V8 power and light weight would be able to do with drag strip gears.

The engine’s hardly smoking at all now after a bit of a workout; maybe there are some rings left in there after all. Another one-two-three-four run–at nearly redline this time–elicits much whooping and hollering from both me and my passenger/photographer, former Motor Trend Editor-in-Chief C. Van Tune.


Though it wouldn’t much impress a Viper or a Corvette these days, the Cobra is fast–way fast–when viewed through the eyes of 1962. And it’s none too shabby even today: It should still crank out a zero-to-60 in about 5.0 seconds.

The ride is relaxed, and the feeling from behind the wheel is not unlike that of my own Sunbeam Tiger–no surprise, since it too is a British roadster with a 260 Ford V8 and Carroll Shelby as a founding father. The Tiger is luxurious by comparison, although the Cobra has more legroom and a more athletic feel.

As I drive CSX2000 through the Nevada desert on this hot summer day, I have to wonder: How many road tests has this car been through? How many burnouts, quarter-mile runs, speed shifts and doughnuts has this poor baby laid down–on its original engine and trans, remember?

How many Corvettes has it hosed the highway with on yet another midnight prowl? How many books and magazine covers and articles have featured this single little roadster? How many of my journalistic forbears–including some of the greats of this business–as well as movie stars, race drivers, engineers and other hangers-on, have worked it through the gears “just one more time” with a smile on his or her face?

Hard to say. I’m just damn glad to have been one of them.

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wspohn Dork
6/17/18 10:57 a.m.

Since stock engine valve float sets in around 6000, and you say this one can turn 7000, I assume they hot rodded it at the start?

jimbbski Dork
6/17/18 3:05 p.m.

I met a guy that was the second owner of a Cobra very much like this. It was painted brown, don't ask why, I didn't. This was in 1995 when I was buying a car from the second owner,  a Fox Mustang. He has just purchased it from the first owner who he had know for like 30 years and had on many occasions made known the fact that he would buy the car from him whenever  he was ready to sell it. Well  that happen in '95 when the first owner turned 80. The car had been sitting for over 25 years un-driven. It needed every rubber part replaced as they were either rock hard or crumbling but he was able to keep the tires as they still held air,  but you wouldn't want to drive anywhere on them.   

6/18/18 1:24 p.m.

@wsphon Safe to assume that hot-rodding was prevalent at the conception of the Cobra, especially for a mule that stuck around this long!

6/29/20 3:28 p.m.

My dad, Richard Milo, was the original owner of CSX2001. It was the first "privately" owned Cobra and my dad raced it somewhat successfully in Pennsylvania and New York before selling it to Lucky Cassner. He had previously owned and raced AC Bristols in the late 50's. The reason for my post is that it appears that CSX2000 escaped all of the myriad modifications and tweaking that happened to CSX2001 in order for it to stay competetive. If you look at how my dad's car started out and how it has now ended up, I think I would be much happier with the original state of tune that CSX2000 is in. Just my humble opinion. 

Mark Gillett
Mark Gillett New Reader
6/29/20 4:04 p.m.

I love patina, but I have to vent.  There is no excuse for the condition of the leather.  In the late 1980s, we had this car off and on at the "Shelby American Museum" in Dallas and up at the chili plant in McKinney.  The seats were just fine.  It's frustrating that someone latter did not keep them up.  It is not hard to maintain leather.  There are plenty 100 year old cars across the pond with servicable leather.  The rest of the car is how I remember, and that's just fine.

SSpro New Reader
11/22/21 2:48 p.m.

Really the first? I used to own a 1960 AC Ace that had been fitted with a 221 ci Ford engine - yes the 221 predated the 260. I think it was installed in 1961 in California and the car was raced up and down the coast by a Canadian. Last I heard it was in the EU somewhere.

stuart in mn
stuart in mn MegaDork
11/22/21 5:27 p.m.

The 221 didn't get into production cars until 1962, but that's beside the point - your car may have been built first, but unless it was built by Shelby and has a CSX serial number it wasn't a Cobra.

SSpro New Reader
11/23/21 1:06 p.m.

In reply to stuart in mn :

Not a Cobra but the idea wasn't now. I think the engine was comped by Ford. 

bmw88rider UltraDork
11/24/21 7:44 a.m.

The car is sitting up in Boulder, CO now a days if you want to see it live and in person. 


8/27/22 2:12 p.m.

I am far from a expert about Cobras, but a friend had one of the first ones. It is my understanding that before the cars were made in California Shelby had a partner and they made some cars. I believe one of those cars belonged to my friend. He bought it from the original owner. The first owner got tired of broken axles and hard to get tires. The car had 400 MM wheels. Citrion's use 165 X 400 MM tires if I remember correctly, this car had 175 X 400 MM tires. We were both kids and continued to brake axles and destroy Michilen X tires. The car had a 260 engine with two Carter AFB carborators. I do not know if the engine was built that way or put on by the first owner.  

8/28/22 3:39 a.m.

Neither Ford nor Shelby ever sold a 62 model.  The 1st models were sold as 63.

Also, it had solid lifters so valve floating was not a problem.

wspohn SuperDork
8/28/22 11:30 a.m.
bodega said:

Neither Ford nor Shelby ever sold a 62 model.  The 1st models were sold as 63.

Also, it had solid lifters so valve floating was not a problem.

Valve float refers to the situation when the valve spring can't return the valve to the seat and has nothing to do with hydraulic lifters - maybe you were thinking of  'pump up'?.

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