CARROLL SHELBY’S EXTRAORDINARY LIFE TO BE CELEBRATED IN SOUTHERN CALIFORNIA

LOS ANGELES – May 17, 2012 – Carroll Shelby International, Inc., (OTC: CSBI.PK) and Ford Motor Company will celebrate the incredible life of Carroll Hall Shelby at the Petersen Automotive Museum in Los Angeles on May 30, 2012.  The two day event will feature a display of significant cars, an opportunity for fans to film a message about Mr. Shelby, a special ceremony and other activities.  Carroll Shelby passed away on May 10, 2012, at Baylor Hospital in Dallas.

 

“Carroll Shelby changed the course of history and touched the lives of millions through his racing, his companies and his charity,” said Joe Conway, president of Carroll Shelby International, Inc. and board member.  “He challenged us and our friends at Ford Motor Company to honor his legacy by continuing this work.  We wanted the first step to be a celebration of this exceptional man for everyone who shares his passion for performance.”

 

The champion racing driver, entrepreneur, pilot, philanthropist, manufacturer and race team owner embodied the American spirit.  He founded Carroll Shelby International, Inc. a publicly held corporation that now owns car company Shelby American, Inc. and Carroll Shelby Licensing Inc.  Carroll Shelby’s relationship with Ford Motor Company beginning in the 1960s propelled Shelby and his cars into the hearts of people worldwide with iconic models like the Cobra, GT350 and GT500.

 

“Carroll Shelby was a legend in the history of Ford Motor Company,” said Edsel B. Ford II, member of the Board of Directors of Ford Motor Company.  “He was a close personal friend and I will miss him very much.  We’re honored to be part of this important tribute celebrating the many contributions and achievements of a true innovator.”

 

Shelby’s favorite organization was the Carroll Shelby Foundation™, which provides medical assistance for those in need, including children, as well as educational opportunities for young people through automotive and other training programs.  It also benefits the Shelby Automotive Foundation.  Donations to the Carroll Shelby Foundation are encouraged in lieu of flowers at www.carrollshelbyfoundation.org.

The museum will display the first Shelby Cobra, a 2013 Ford Shelby GT500, a selection of Shelby American’s 50th Anniversary vehicles, a Series 1 and other significant Shelby cars from the past five decades.  They will be exhibited throughout the facility and will be accessible for viewing as part of general ticketed admission.

 

A guest list for the invitation-only service is being developed due to space limitations.  People involved with Shelby’s interests, from chili cook-offs to aviation, autos, philanthropy and societal groups will be invited. Guest speakers will include Mr. Shelby’s close friends.  More facts will be released on www.carrollshelbyfoundation.org and www.shelbynation.com.  Details will not be available from the Petersen Museum or any Shelby organization. 

 VIEW EVENT DETAILS

 

 

About Shelby American, Inc.

Founded by legend Carroll Shelby, Shelby American manufactures and markets performance vehicles and related products.  Now a subsidiary of Carroll Shelby International, Inc., the company manufactures authentic continuation Cobras, including the 427 S/C, 289 FIA and 289 street car component vehicles.  The company offers the GT350, GT500 Super Snake and GTS post-title packages for the current generation Ford Mustang.  For more information, visit www.shelbyamerican.com.

 

About Carroll Shelby Licensing, Inc.

Automotive manufacturer and entrepreneur Carroll Shelby is one of the most famous and successful high performance visionaries in the world, and he has spent the last 50 years establishing and protecting his name, trademarks and car design rights.  He founded Carroll Shelby Licensing Inc. in 1986, which holds the exclusive right to license the Shelby trademarks and vehicle design rights for some of the most famous muscle cars and high-performance vehicles ever produced.  CSL also holds trademark rights for Shelby-branded apparel, accessories and collectibles. For more information about the company or licensing opportunities, call (310) 914-1843, or fax (310) 538-8189 or write to Carroll Shelby Licensing, Inc., 19021 S. Figueroa St., Gardena, CA, 90248, or visit www.carrollshelby.com, www.shelbylicensing.com or www.carrollshelbyinternational.com.

 

About The Carroll Shelby Foundation

The Carroll Shelby Foundation was created by legendary racer and automotive manufacturer Carroll Shelby.  Headquartered in Gardena, Calif., the Foundation is dedicated to providing medical assistance for those in need, including children, educational opportunities for young people through automotive and other training programs and benefitting the Shelby Automotive Foundation.  For more information visit CarrollShelbyFoundation.org.   

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release may contain forward-looking statements involving risks and uncertainties that may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements. CSI disclaims any obligation to revise or update any forward- looking statement that may be made from time to time by or on its behalf.

 

LEGENDARY ENTREPRENEUR CARROLL SHELBY PASSES AWAY

The race is run, the flag unfurled, the champion now will rest. God speed, Carroll Shelby, we will never forget you. Jan. 11, 1923 – May 10, 2012.

Carroll Shelby with the 2011 Shelby GT350       Carroll Shelby in CSX2000, the first Shelby Cobra circa 1962

LOS ANGELES – May 11, 2012 – Carroll Shelby International, Inc., (OTC: CSBI.PK) announced today that Carroll Hall Shelby, a man whose vision for performance transformed the automobile industry, has died at age 89.   Mr. Shelby passed away yesterday at Baylor Hospital in Dallas. The cause of death was not disclosed.

Born on Jan. 11, 1923, Carroll Shelby was one of America’s greatest success stories.  Championship-winning racecar driver, “flying sergeant” wartime pilot, philanthropist, entrepreneur, car manufacturer and racing team owner, he embodied the ingenuity, tenacity and grit to overcome any obstacle.  He is perhaps the only person to have worked at a visible level with all three major American automobile manufacturers.  

Carroll Shelby founded Carroll Shelby International, a publicly held corporation involved in many industries.  His licensing arm has agreements with industry giants, such as Mattel, Sony, Ford Motor Company and Electronic Arts.  His car company, Shelby American, has a thriving parts business as well as a line of muscle cars including the Shelby GT500 Super Snake, Shelby GT350 and Shelby GTS.  The Las Vegas-based company also manufactures a limited number of the 1960s Shelby 289 “street,” 289 FIA, 427 S/C and Daytona Coupe Cobras.

Shelby considered his greatest achievement to be the establishment of the Carroll Shelby Foundation™.  Created in 1992 while Shelby was waiting for a heart transplant, the charity is dedicated to providing medical assistance for those in need, including children, educational opportunities for young people through automotive and other training programs and benefitting the Carroll Shelby Automotive Foundation.

Shelby remained active in the management of each of his companies and the Foundation until his death, even though he endured both heart and kidney transplants in the last two decades of his life.  

“We are all deeply saddened, and feel a tremendous sense of loss for Carroll’s family, ourselves and the entire automotive industry,” said Joe Conway, president of Carroll Shelby International, Inc. and board member.  “There has been no one like Carroll Shelby and never will be.  However, we promised Carroll we would carry on, and he put the team, the products and the vision in place to do just that.”

Shelby is survived by his three children Patrick, Michael and Sharon, his sister Anne Shelby Ellison of Fort Worth and his wife Cleo.  Funeral plans are not currently available.  Donations to the Carroll Shelby Foundation are encouraged in lieu of flowers.  Information about the Carroll Shelby Foundation is available at www.carrollshelbyfoundation.org.

About Shelby American, Inc.
Founded by legend Carroll Shelby, Shelby American manufactures and markets performance vehicles and related products.  Now a subsidiary of Carroll Shelby International, Inc., the company manufactures authentic continuation Cobras, including the 427 S/C, 289 FIA and 289 street car component vehicles.  The company offers the GT350, GT500 Super Snake and GTS post-title packages for the current generation Ford Mustang.  For more information, visit www.shelbyamerican.com.

About Carroll Shelby Licensing
Automotive manufacturer and entrepreneur Carroll Shelby is one of the most famous and successful high performance visionaries in the world, and he has spent the last 50 years establishing and protecting his name, trademarks and car design rights.  He founded Carroll Shelby Licensing Inc., which has the exclusive right to license the Shelby trademarks and vehicle design rights for some of the most famous muscle cars and high-performance vehicles.  CSL also holds trademark rights for Shelby-branded apparel, accessories and collectibles. For more information about the company or licensing opportunities, call (310) 914-1843, or fax (310) 538-8189 or write to Carroll Shelby Licensing, Inc., 19021 S Figueroa St., Gardena, CA, 90248, or visit www.carrollshelby.com, www.shelbylicensing.com or www.carrollshelbyinternational.com.

About The Carroll Shelby Foundation
The Carroll Shelby Foundation was created by legendary racer and automotive manufacturer Carroll Shelby.  Headquartered in Gardena, Calif., the Foundation is dedicated to providing medical assistance for those in need, including children, educational opportunities for young people through automotive and other training programs and benefitting the Shelby Automotive Foundation.  For more information visit CarrollShelbyFoundation.org.    

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This release may contain forward-looking statements involving risks and uncertainties that may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements. CSI disclaims any obligation to revise or update any forward- looking statement that may be made from time to time by or on its behalf.

###

CARROLL SHELBY FOUNDATION HOLDS RAFFLE FOR THE LAST AVAILABLE SPECIAL EDITION 50th ANNIVERSARY COBRA

Shelby fans have one last chance to own the 50th anniversary Shelby Cobra through year-long raffle

50th Anniversary Shelby Cobra

GARDENA, Calif. – Jan. 19, 2012 – The Carroll Shelby Foundation is offering fans a once-in-a-lifetime opportunity to win a 50th anniversary Shelby Cobra. Throughout 2012, which marks the golden anniversary of the Shelby Cobra and Shelby American, people can enter a raffle for the chance to put this rare vehicle in their own garage. The 50th Shelby Cobra up for raffle will make its first appearance at Barrett-Jackson Collector Car Auction™ in Scottsdale from Jan. 17-22, 2012.

 “50 years have passed since the Cobra was built, a milestone that deserves recognition and celebration,” said Jenni Shreeves, executive director of the Carroll Shelby Foundation. “After last year’s announcement at Barrett-Jackson of the 50th anniversary Shelby Cobra, the vehicle sold out within hours. Since no more will be built, this raffle is the final opportunity to walk away with a true piece of automotive history and one of the most iconic sports cars ever built.”  

Proceeds from the raffle will benefit the Carroll Shelby Foundation, which was established by automotive icon Carroll Shelby to provide financial support for children battling life-threatening illnesses and to promote continuing education.

To celebrate five decades of high performance, only 50 of these limited edition continuation Cobras will be built. Painted “Shelby black” and filled with a premium wine colored leather interior, the anniversary car vehicle will sport special badges and wire wheels. This car will be powered by a small block Ford and connected to a five-speed transmission.

Touring the country this year, the limited-edition Shelby Cobra raffle car is tentatively scheduled to appear at Barrett-Jackson in Scottsdale, the Boca Raton Concours d’Elegance, the Dana Point Concours d’Elegance and Barrett-Jackson in Orange County.

For a ticket price of $25, or $100 for five tickets, participants can place their name in the drawing.  The winner will be announced in January 2013.  All proceeds from ticket sales will be donated to the Carroll Shelby Foundation.  For more information, please visit www.winashelby.org.

About The Carroll Shelby Foundation
The Carroll Shelby Foundation was created by legendary racer and automotive manufacturer Carroll Shelby.  Headquartered in Gardena, Calif., the Foundation is dedicated to providing financial support for children and medical professionals to help overcome life-threatening health issues worldwide and promoting continuing education.  For more information visit CarrollShelbyFoundation.org.    

###

CARROLL SHELBY FOUNDATION TO DONATE TWO SHELBY-INSPIRED GO KARTS TO KARTING2LIVE

 

GARDENA, Calif. – Oct. 14, 2011 – The Carroll Shelby Foundation, a 501(c)(3) non-profit organization dedicated to providing support to children and medical institutions battling life-threatening diseases and advancing continuing education for today’s youth, will donate two go karts with hand controls to Karting2Live during CalSpeed Karting’s Machismo 500 endurance race at the Las Vegas Motor Speedway’s Bullring on Saturday, Oct. 15, at 11 a.m. PST. The event is scheduled to coincide with the IZOD IndyCar World Championships this weekend at the Las Vegas Motor Speedway. Karting2Live is a 501(c)(3) non-profit that utilizes a karting program to push the boundary of possibility for those who need to drive with special hand controlled devices.

“One of the Foundation’s passions is to team up with other amazing charities to bring a smile to a child’s face or to help make dreams come true,” said Jenni Shreeves, executive director of the Carroll Shelby Foundation. “Through the donation of these two Shelby-inspired go karts to Karting2Live, we’ll do just that. These karts will allow those with spinal cord injuries feel the rush of adrenaline when taking each corner of a track at full speed. Now others will have the chance to experience the exhilaration that Carroll felt when he sat in the driver’s seat of a race car.”

 Built by Adams Motorsports Park in Riverside, Calif., the two karts were outfitted with hand controls by founder of Karting2Live, Eric Lazar. The kart’s logos and appearance were designed Shelby American, a wholly owned subsidiary of Carroll Shelby International Inc. (CSBI:PK) in Las Vegas, with the help of the team at 702 Graphics. One kart resembles a Shelby GT500 Super Snake and the other a Shelby GT350.

Both karts will be handed over to Karting2Live for its Arrive and Drive program by the Carroll Shelby Foundation and Shelby American Inc. The presentation will take place during the opening ceremony, on the finish line, at the Las Vegas Motor Speedway’s Bullring, prior to the start of the Machismo 500, a 12 hour karting endurance race.

“These types of donations allow those with disabilities feel a sense of independence,” added Eric Lazar, founder of Karting2Live. “We’re grateful the Carroll Shelby Foundation provided us with not only one kart, but two karts with hand controls. This is a truly special donation and both karts will definitely be put to great use. We can’t wait to put our first karter in the driver’s seat.”

Karting2Live was created to show physically challenged individuals that through karting anything is possible post injury. Karting2Live is currently trying to reach its goal of having a fleet of 10 karts with hand controls for its Arrive and Drive program. To learn more about Karting2Live’s mission or help Karting2Live reach its goal, log on to www.karting2live.com.

The Carroll Shelby Foundation was established by automotive racing icon and manufacturer, Carroll Shelby, after receiving a heart transplant that ultimately saved his life. For more information or how you can help the Carroll Shelby Foundation’s mission, click on www.cscf.org.

 About Karting2Live

Karting2Live is a 501(c)(3) non-profit that was created to show physically challenged people that post injury, anything is possible through karting. Karting2Live utilizes action sports through its karting program, to push the boundary of possibility for those with limited physical function needing to drive with special hand controlled devices. Individuals with spinal cord injuries and amputees are the focus of the non-profit, which provides more independence, physical therapy, excitement and fun in life through karting. To learn more, log on to www.karting2live.com.

About The Carroll Shelby Foundation

The Carroll Shelby Foundation was created by legendary racer and automotive manufacturer Carroll Shelby. From its offices in Gardena, Calif., the Foundation is a non-profit public benefit corporation dedicated to providing financial support and other assistance to children, hospitals, medical professionals and others in need of assistance in addressing the challenges of life-threatening health issues, as well as continuing education and automotive history. For more information visit CarrollShelbyFoundation.org.

 

WORLD CHILDREN’S TRANSPLANT FUND TO HONOR CARROLL SHELBY AT “GLOBAL PARTNERS DINNER”

Mark Kroeker (WCTF), Carroll Shelby, Beau Boeckmann (Galpin Ford), Lorenzo Lamas

Automotive racing legend Carroll Shelby will be the guest of honor at the World Children’s Transplant Fund’s (WCTF) inaugural Global Partners Dinner fundraiser on Thursday, May 12, at the Sheraton Universal Hotel in Universal City, Calif. The exclusive fund-raising dinner will highlight the famed car manufacturer’s charitable contributions and activities through the years, as well as his support of the WCTF’s mission to provide children the opportunity to receive life-saving organ transplants.

“Carroll has been a strong advocate in the fight to help children receive the medical support and equipment they need,” said Jenni Shreeves, executive director of the Carroll Shelby Foundation. “Understanding firsthand the physical and financial challenges of receiving an organ transplant, Carroll established a foundation of his own, the Carroll Shelby Foundation, to promote this important cause. Carroll and our team are delighted to attend this fundraiser and support the WCTF in their battle to help children receive the care they deserve, but many times can’t afford.”