1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey.

The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title. It was the first championship for an American team in the GT class, beating the vaunted Ferrari.

The Cobra had a string of successes that year, winning the GT class at Monza and at the N

By Greg Migliore