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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle
New York, London - Asharq Al-Awsat

Ford Mustang Cobra 1993 Auctioned for $132,000

2018 Ruby Red Mustang GT Coupe. Source: Ford

It’s not surprising that the first "Ford Mustang Shelby 2020" got sold for $1.1 million at the Scottsdale auction in Arizona.

The car named "Shelby" has all the modern features revived from the first model launched with this name in the late 1960s.

A 1993 Ford Mustang Cobra has been sold at the US Barrett-Jackson auctions for $132,000.

According to Motor Trend website, this 1993 Ford Mustang Cobra was the 11th of just 107 units made. It features a 5.0-liter V-8 engine paired to a five-speed manual transmission, the German News Agency reported.

The Cobras' engine can produce 235 hp, and this model was only offered to licensed racers. This one features various upgrades, including a revised camshaft and GT40 cylinder heads from Ford Racing.

The Mustang logged just over 500 miles on the odometer over the past quarter century. It has had two previous owners: a Ford dealer in Connecticut and Jerry's Classic Mustangs in Alabama.

The final year of the Fox Body Mustang generation was 1993. Prior to that, the Fox Body Mustang had served as Ford's performance flagship since 1979.

The most expensive Fox Body Mustang auctioned off until now went for $82,500, and it sold at Barrett-Jackson Scottsdale in 2017. That car was a 1990 model with 16 original miles on the clock.

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