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Former Headquarters of Carroll Shelby Sold for $10.7 Million

The former headquarters of automotive legend Carroll Shelby was sold for $10.7 million. The property, which includes two office buildings, was bought by Santa Monica investment firm Luzzatto Co from a limited liability company, Los Angeles Times reports quoting real estate brokerage Lee & Associates.
Carroll Shelby 1 photo
Photo: Shelby American
The previous owner acquired the property in early 2012 for $6.7 million and repositioned them as offices. Built in the 1950s, the buildings were used by Carroll’s Shelby American starting 1962, the same year he introduced the famed Cobra sportscar. The company is now based in Clark Country, Nevada.

Carroll Shelby died on May 10, 2012, at the of 89. He was known for both his racing career and the vehicles he developed with Ford, including the Cobras, the Shelby Mustangs and the GT40 race car - winner of the 24 Hours of Le Mans between 1966-1969.

Story via LATimes
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About the author: Ciprian Florea
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Ask Ciprian about cars and he'll reveal an obsession with classics and an annoyance with modern design cues. Read his articles and you'll understand why his ideal SUV is the 1969 Chevrolet K5 Blazer.
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