Despite the Shelby GT500KR's claim of supremacy over the dominion that is the open road, there is yet another Mustang that is even more extreme. Shelby's Super Snake package for the GT500 offers up to 725 horsepower and even more aggressive options for the suspension and braking systems. Available as a post-sale conversion for the GT500, the transformation can be performed at the Shelby facility in Las Vegas or at one of the official mod shops around the country. There have been a handful of owners who have already converted their GT500s, and one is already for sale on eBay. Something seems wrong with the seller's math, however, because a "Buy It Now" price of $200,000 is far more than the cost of a GT500 plus the $31,995 needed for the 725 horsepower conversion. We could understand the markup if these were in high demand, but pretty much any GT500 owner can send his car to get converted.
Just two days ago, we reported that Unique Performance was in hot water. They had miserably failed to deliver hand-crafted continuation Shelby 427 GT500 "Super Snake" Mustangs to customers who had put up $7 million worth of deposits. Frustration grew to boiling anger when customers heard that the "skilled labor" had been supplemented by hardened criminals, and imperfections in each vehicle were being covered by nearly 13 gallons of Bondo body filler.
It has been a rough year for the management team at Unique Performance. Following a fallout with Carroll Shelby and a police raid, we're now learning that 25 felony cases have been prepared against company executives. Details haven't emerged, but we do know that investigators believe some of the inmates were illegally removing VIN numbers from the cars. It doesn't take a rocket scientist to realize that hiring cons to do criminal acts can land you in the slammer too. Unique, and ironic.
This just keeps getting more interesting by the day. Back in 2002, Carroll Shelby partnered with Unique Performance to produce continuation Shelby 427 GT500 "Super Snake" models. Only one "Super Snake" was built in 1967, so each of these "new" cars, built on a vintage 60's Mustang platform with a registered Shelby VIN, was sure to be one hot collectible. Unique Performance would build 75 of these 575-hp monsters, each with a base price of $214,000. Investors, and speculators, quickly placed their deposits.
As the months went by, the cars weren't coming out of the Texas warehouse in a timely manner. Customers began to ask questions. As things often go from bad to worse, the relationship between Shelby and Unique Performance went down the drain and it wasn't long before the police came knocking on the door. Unique Performance was reportedly sitting on $7 million in deposits, yet customers weren't getting their muscle cars. Other companies, such as Foose Design, quickly severed their relationship just as the police moved in to confiscate 61 incomplete body shells.
Case closed? Not even close. Now we have word that Unique Performance utilized hard-core Texas prison inmates to help build the cars, and each of the hand-built Mustangs contained over 13 gallons of Bondo body filler. VIN numbers were illegally removed, and some parts of this re-built American classic were coming from Taiwan. If there ever were a hot demand for continuation "Super Snake" Shelbys, we're betting the secondary market for this particular model is drying up rather quickly.
You might be asking the same question that we are. Why isn't this thing at Barrett-Jackson? With the auction less than a week away, this car would have been the perfect candidate for an over-zealous buyer to pay way too much for a classic muscle car. Only one Shelby GT500 SuperSnake was ever built, so it's even more rare than the Shelby Cobra SuperSnake that sold for $5 million at Barrett-Jackson last year. Shelby built twice as many of those! Still, it doesn't make the $3 million Buy It Now price sound any less ridiculous. Cool features of this truly-and-honestly one-of-a-kind car include a 427ci V8 with 520 horsepower, a 170 mph top speed and unique triple stripes.
