Having achieved great success as a racing driver, Texan Carroll Shelby began his company in 1962. Using an AC chassis and powered by a Ford engine, the Cobra was used for both road and track. In the mid-1960’s, Shelby adapted the Ford Mustang to create a high-performance car, also for road & track use, that was built until 1970. In 1998, Carroll Shelby returned to car manufacture with the Series 1. He died in 2012 aged 89 years.