one of the most surprising cars to find at the Optima Challenge, was this Shelby Series 1

Shelby's car company woes... after 1999

After the initial hype about an all-new Shelby died down, magazines of the day grew impatient when denied access to prototypes for testing. When Road and Track was granted access to a Series 1 for review, it declared the car too unfinished to test, saying that readers wouldn’t want to hear what the magazine would have to write about it.

Over at Car and Driver, Brock Yates was less kind, savaging the Series 1 when two separate prototypes failed during attempted testing.

 Despite the drop in performance and delays to market, the price of the Series 1 climbed almost unchecked.

When Motor Trend successfully tested a prototype in November 1998 (posting a 0-60 time of 4.4 seconds and a quarter-mile run of 12.8 seconds at 110 mph), the price had risen to $108,000, but this would later climb to $135,000, then $165,000, and then $175,000.

For that money, buyers received a car that borrowed seats, switchgear, HVAC controls, and an audio system from the GM corporate parts bin, which probably didn’t sit well with those who’d put down (sizeable) deposits sight unseen.

It was powered by a 4.0-liter Oldsmobile Aurora and rated at 320 horsepower and 290 pound-feet of torque.

The Series 1 received a Federal Motor Vehicle Safety Standards certificate for the 1999 model year, and production began. These rules were revised for 2000, so instead of going through the expense of redesigning the car for compliance and re-certifying it, Shelby kept producing the Series 1 into the ’00s as a 1999 model.

During the car’s production run, Shelby American was sold to the Venture Corporation, which itself went out of business in 2004.

Under the name Shelby Automobiles, Inc., Carroll Shelby was able to repurchase the remains of his former company for a fraction of the original selling price.

 Unable to continue building the Series 1 as a turnkey automobile, Shelby sold continuation cars (with seven-digit VINs instead of the original 17-digit numbers) without drivelines, employing the same tactic used to sell continuation Cobras. As late as 2005, buyers could still procure a “new” Shelby Series 1, as long as they were willing to install the engine and transaxle themselves.

https://www.hemmings.com/blog/2018/04/11/selections-from-carroll-shelbys-personal-car-collection-head-to-auction-in-greenwich/

Shelby Series One are getting auctioned for about the same as they cost new, with only 400 miles on them, 2 recently were at Barrett Jackson

one was optioned with an additional 60 thousand dollars of stuff, and given to the 1998 Playmate of the Year by Playboy. Only sold for 126,000
http://www.barrett-jackson.com/Events/Event/Details/1999-SHELBY-SERIES-1-2-DOOR-CONVERTIBLE-81850

Only sold for 121,000, and was the only pearl white with blue stripes, an Italian leather interior upgrade and extra carbon-fiber.
http://www.barrett-jackson.com/Events/Event/Details/1999-SHELBY-SERIES-1-CONVERTIBLE-195714

I looked at a couple others, google will tell you about all the SS Ones that have been auctioned at Barrett Jackson, and they all have very little mileage, were all made in 1998, all 249 of them, and now they sell for about what they did new.

That means not enjoying them was a mistake, they simply took up garage space without being enjoyed, or appreciating in value. 

Shelby Series 1 at the Gilmore Heritage annual car show

The only one I've seen since 2007: http://justacarguy.blogspot.com/2007/06/shelby-series-1-first-production-car.html

Shelby Series 1, lest we forget

full gallery at http://justacarguy.blogspot.com/2007/06/shelby-series-1-first-production-car.html

I was just reminded this week that I haven't seen another Shelby Series 1 since 2007.

Supercharged Oldsmobile Aurora engine good for 400 hp, were put into about 50 of the approx 250 made. Since this Shelby car wasn't based on an already existing car (AC cars, Dodge stuff, Ford stuff) is it the only Shelby car that went into production? I think so

Shelby Series 1, goes to show you can never tell what will be at the local car cruise

http://www.rsportscars.com/eng/cars/shelby_series1.asp
http://www.caranddriver.com/reviews/3276/shelby-series-1.html