6.4 litre V10 Ford Cobra concept could fetch millions at auction

Ford’s Cobra concept is due to be auctioned next month and is expected to fetch millions.

6w ago

In 2004, Ford attempted to bring the iconic AC Cobra into the 21st century. The result was a 6.4-litre V10 roadster with many styling cues taken directly from the original Cobra.

Unfortunately, the car never made it to the production line as Ford started to face financial difficulties. Moreover, the American automaker wanted to focus their resources on the GT and the Mustang. Speaking of the GT, the Cobra concept’s V10 engine was originally developed for the 2004 Ford GT however - due to the company’s financial situation - the manufacturer was unable to use this power plant in the GT; forcing them to opt for a supercharged pickup truck engine.

Unlike most concepts, the Cobra concept actually works; it’s a fully functioning vehicle. After the project was axed, one of the engineers who worked on the Cobra concept bought the car for $825,000 which later proved to be an incredibly wise investment. After appearing on Jay Leno’s Garage, an appraiser put an estimated price of $1.5 million on the Cobra concept - that’s close to double the car’s original value.

The car is now due to be auctioned in August later this year at the Mecum Auction and is expected to fetch millions.

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Comments (8)

  • Wow! I wish it would have become a production car but it least this concept is fully functional. We miss you Carroll Shelby!

      1 month ago
  • I have a 1/64 of this on my desk

      1 month ago
  • I’m surprised Ford let go of this one- I would have thought it would end up in a museum.

      1 month ago
  • Ford engineers must be well paid to have $825k hanging around.

      1 month ago
  • I would park this car at the valet stand and just casually stand by the car as the car hops try to awkwardly ask me if they need to park the car. I would flash them my most dashing smile and say "don't you kids know a car like this is meant to be SEEN and APPRECIATED? Just keep it up front" as I pat their back and slide a $20 bill in their hand......

      1 month ago