- Classic Recreations was rescued by Velocity Restorations after bankruptcy.
- The revived firm will keep producing Shelby-licensed GT500 and Cobra.
- Velocity’s Pensacola facility will now assemble all future CR builds.
Months after suddenly declaring bankruptcy, Classic Recreations, the American outfit known for crafting high-end Ford Mustang restomods, has found a lifeline. The company, long associated with officially licensed Shelby builds and carbon-bodied muscle cars, is back in action under new ownership.
Its savior comes in the form of Velocity Restorations, a Florida-based restomod builder that has not only acquired Classic Recreations but also locked down a critical licensing deal with Shelby to keep the brand’s hallmark projects alive.
Read: One Of The Most Famous Mustang Tuners Just Went Bankrupt…