5 new 1960s Shelby 'Dragonsnake' Cobras for sale at a jaw-dropping price

Shelby American and Legendary GT have teamed up to build five continuation versions of the 1960s Dragonsnake Cobra drag racing car for $750,000 each.

The first continuation Cobra was designed to look like the original Dragonsnake race car. (Shelby American)

"Carroll Shelby was so impressed that he approved three more to be built for customers."

Shelby American has now resurrected the car with the help of Pennsylvania’s Legendary GT, which builds certified "continuation" replicas of the Cobra, which are built to the original specifications and are considered "new" cars.

Bruce Larson's Dragonsnake was the most successful Shelby ever. (Bob D'Olivo/The Enthusiast Network via Getty Images/Getty Images)

"Pennsylvanian Bruce Larson was a rock star in the 1960s with his drag racing Shelby Cobra," said Parker Shepley, business manager at Legendary GT.

"His contributions to the Shelby legend were incredible. We consulted him while developing this car to ensure as much authenticity as possible."

The car features an old-fashioned wood steering wheel and T-grip shifter. (Shelby American)

Pricing starts at a jaw-dropping $750,000, but that’s less than you’d have to pay for one of the original five cars. A yellow one that was built in 1965 was auctioned in 2022 for $1,375,000.

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Each car takes about a year to build and a portion of the sale of the price paid for the new car will be donated to the Carroll Shelby Foundation, which helps children facing life-threatening illnesses.

Gary Gastelu is Fox News Digital's automotive editor.