When Carroll Shelby introduced the Series 1 Roadster in the late 1990s, it represented a sharp departure from nostalgia-driven projects and a clear statement of modern intent. This 1999 Shelby Series 1, offered by Premier Auction Group, stands as a remarkably preserved example of that vision, showing just 751 actual miles from new and remaining in collector ownership since delivery.
The Series 1 was the only vehicle designed and engineered from the ground up by Shelby American after the original Cobra era. Built around an aluminum chassis and clothed in a lightweight combination of carbon fiber and fiberglass, the roadster emphasized performance through engineering rather than excess. With a curb weight of just 2,650 pounds, the Series 1 delivered performance figures that were impressive for its time and remain compelling today.
Power comes from a 4.0-liter DOHC V-8 producing 320 horsepower, paired with a 6-speed ZF manual transmission. The combination was capable of propelling the Series 1 from 0 to 60 mph in a reported 4.4 seconds, placing it firmly in modern sports car territory when new. Four-wheel disc brakes, double wishbone suspension, and inboard coilover shocks with remote reservoirs further underscored the car’s serious performance intent.
This particular example is finished in silver with red stripes over a gray leather interior, a combination that highlights the car’s sculpted bodywork and purposeful stance. The design remains distinctive, blending modern proportions with subtle nods to Shelby’s racing heritage without relying on retro cues.
Notably, this car carries serial number 004, making it one of just 249 Series 1 roadsters produced. Low production numbers, combined with the model’s unique place in Shelby history, have increasingly positioned the Series 1 as a significant modern collectible. With just 750 actual miles and careful long-term ownership, this example reflects the type of preservation collectors seek when originality and condition matter most.
As interest continues to grow around limited-production performance cars from the late 1990s and early 2000s, the Shelby Series 1 stands apart as a true Shelby-built machine — not a continuation, tribute, or collaboration. For collectors focused on rarity, engineering significance, and Carroll Shelby’s later legacy, this Series 1 represents a compelling opportunity to acquire one of the most ambitious projects ever to wear the Shelby name.
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