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.
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
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