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Friday, 08/08/2008 3:00:59 PM

Friday, August 08, 2008 3:00:59 PM

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Shelby Terlingua Racing Team to Celebrate Rebirth with "Bullrun" Blowout in Its Texas Birthplace
Carroll Shelby Invites Enthusiasts to Join Him at Event
Aug 8, 2008
2:14:00 PM
Copyright Business Wire 2008
View Additional ProfilesLAS VEGAS--(BUSINESS WIRE)--

Shelby Automobiles Inc., a wholly owned subsidiary of Carroll Shelby International Inc., (Pink Sheets: CSBI), Carroll Shelby and designer/artist Bill Neale are celebrating the rebirth of the famous Terlingua Racing Team with the first annual "Shelby Bullrun Challenge" in West Texas on Sept. 25-28, 2008. The event includes a combination of driving events and parties for celebrities and enthusiasts that will rival the ones that gave rise to the Terlingua legend 40 years ago.

"We created the Shelby Terlingua Racing Team so our small group of rebels could have some real fun," noted Carroll Shelby, founder of Shelby Automobiles. "Now, I'm inviting a new generation to return with me for a weekend they'll always remember."

The Shelby Bullrun Challenge is open to any enthusiast in an original Shelby vehicle (including a Cobra, Series 1, GT350, GT500, Shelby GT, Dodge GL-H, Tiger, etc.), a Ford GT or Mustang. Activities will include a challenging 350 mile rally, an open road 12 mile time trial, a competitive driving course on an airstrip and a 1/2 mile drag race in the Big Bend area. Other activities will include a car show, hole-in-one golf competition, Texas "shootout", chili cook off and autograph sessions with Mr. Shelby.

"This will be an exceptional automotive event deep in the heart of Texas," added Amy Boylan, president of Shelby Automobiles. "The Shelby Bullrun Challenge is a once-in-a-lifetime opportunity to be part of a small, intimate group with celebrities like Tom Yeager and Bill Neale, who was a co-founder of the group. And we're going to have high octane fun with some of the most fantastic cars on earth. We're even bringing some new Terlingua Racing Team supercharged Shelby Mustangs to test out."

The Terlingua Racing Team's roots began when Ford Motor Company asked Carroll Shelby to turn its Mustang into a race winner. His team created a competition version of the Shelby GT350 for that purpose. About that time, Shelby and a few close friends including Bill Neale, Dave Witts, Tom Tierney and David E. Davis, Jr., were enjoying the Terlingua area of the Texas Rio Grande region. Thumbing their nose at the establishment, they lived hard and enjoyed life to its fullest between winning races.

As a symbol of their lifestyle, Neale designed a logo that is black and yellow, with a rabbit holding his paw in the air. That livery, along with a host of performance enhancements are now part of a Shelby Automobiles post title package for the V6 Ford Mustang and current production Shelby Cobras.

"Though the Terlingua Racing Team flew under the radar after Shelby stopped building GT350s and GT500s in the 1960s, its flying high again today," noted Neale. "With Shelby Autos creating Terlingua Racing Team edition versions of the Ford Mustang and Cobra, it was time to bring back some of the extracurricular activities that make racing, and life, so much more meaningful."

The event package includes a stay at the Lajitas Resort, one of the most exclusive locations in the Southwest, all meals, drivers' welcoming dinner, final awards party, charity auction for special Terlingua and Shelby memorabilia and exclusive Team Shelby gifts. The price for the weekend is $2,500 (based on two drivers in shared accommodation). The package also includes a Team Shelby membership.

To participate in the event, contact samantha@bullrun.com or visit www.teamshelby.com.

About Shelby Automobiles, Inc. and Carroll Shelby Licensing

Founded by legend Carroll Shelby, Shelby Automobiles, Inc., (www.shelbyautos.com) manufactures and markets performance vehicles and related products. Shelby Automobiles is a division of Carroll Shelby International, Inc. (CSBI.PK). Carroll Shelby Licensing Inc., also a wholly owned division, is the exclusive holder of Carroll Shelby's trademarks and vehicle design rights. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles. For information, visit www.carrollshelbyinternational.com.

Source: Shelby Automobiles Inc.

TimePiece Public Relations
Scott Black
214-520-3430 x 303
sblack@tprm-usa.com

Carroll Shelby Automotive Technology Center Launched at Northeast Texas Community College
Applications for Program Chair Now Being Accepted
Jul 17, 2008
6:50:00 PM
Copyright Business Wire 2008
View Additional ProfilesDALLAS--(BUSINESS WIRE)--

Carroll Shelby, chairman and founder of Carroll Shelby International Inc. (Pink Sheets:CSBI), and Northeast Texas Community College have created the new Carroll Shelby Automotive Technology Center to offer young people an opportunity to learn valuable skills in the automotive field. The program will include a state-of-the-art facility and instruction in automotive and body repair.

The Carroll Shelby Automotive Technology Program is expected to enroll the first class in Fall 2008. This intensive, hands-on program is designed to train mechanics to enter the workforce immediately upon graduation.

"I want to help young people improve their lives through the industry that has been so good to me," said Mr. Shelby. "By giving them valuable new skills, they can be proud, productive members of society."

The program will be housed in a new automotive facility which features a climate controlled shop space, lifts, paint booth, three classrooms with roll-up doors to bring in cars, office and shower/changing rooms. The curriculum will include real-life experience, as students will build an automobile during their last semester. The goal is for these cars to be autographed by Mr. Shelby and sold. Proceeds of the sale will be used to help sustain the program.

The college is actively seeking a program Chair. That individual will be charged with building on the current programs, which include the AAS degree in Automotive Repair, an Auto Body Repair program offering a one year certificate or a two year AAS degree and a Diesel program offering three certificates and a two-year AAS degree.

"This gift is truly a unique opportunity for NTCC," noted Dr. Herbert Riedel, NTCC Vice President for Instruction and Student Development. "The partnership with Mr. Shelby will allow us to build a world-class automotive program in Northeast Texas. It will be invaluable to our college, our region, and most importantly, to our students."

Northeast Texas Community College has served students since 1985 in a beautiful wooded, rural setting. University-bound students have a full range of quality course offerings with many extras, such as athletics intramurals, a film series, and world-class musical performances. Through partnerships with Texas A&M University - Texarkana, Texas A&M University - Commerce and The University of Texas at Tyler, students can complete a bachelor's degree in education, nursing, and social work at NTCC.

In addition to the credited program, the partnership will also include various continuing education opportunities for community members. Other future projects could also include the creation of a Shelby Automobiles modification center and a test track on the NTCC campus.

Mr. Shelby and his companies will contribute a minimum of $525,000. These funds will be designated for student scholarships and support of the program. Other sponsors are expected to join the program. Additional information is available at www.ntcc.edu.

About Shelby Automobiles, Inc. and Carroll Shelby Licensing

Founded by legend Carroll Shelby, Shelby Automobiles, Inc., (www.shelbyautos.com) manufactures and markets performance vehicles and related products. Shelby Automobiles is a division of Carroll Shelby International, Inc. (CSBI.PK). Carroll Shelby Licensing Inc., also a wholly owned division, is the exclusive holder of Carroll Shelby's trademarks and vehicle design rights. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles. For information, visit www.carrollshelbyinternational.com.

Source: Shelby Automobiles, Inc.


Ford Motor Company to Help Shelby Autos Return to Racing with Road America Team
-- Shelby Automobiles continues to manufacture authentic Cobras.
Jul 15, 2008
7:42:00 PM
Copyright Business Wire 2008
View Additional ProfilesDEARBORN, Mich.--(BUSINESS WIRE)--

Thanks to Ford Motor Company's sponsorship of the 2008 Kohler International Challenge with Brian Redman at Road America, an official factory racing team from Shelby Automobiles, a wholly owned subsidiary of Carroll Shelby International Inc., (Pink Sheets:CSBI) will once again roar onto the track. Four authentic Shelby 427 Cobras will compete in the races in Elkhart Lake, Wisc., beginning July 17 through 20, 2008. This is the first factory race initiative from Shelby Autos and Ford Motor Company since 1969.

"Ford and Shelby made racing history once, so it's very exciting to come full circle again," said Carroll Shelby. "Now we're going to make history again together. My goal is to return us to professional racing and this is just the beginning."

The Kohler International Challenge with Brian Redman is one of the largest vintage gatherings in the USA with over 30 classes of cars in ten groups. Sanctioned by the Sportscar Vintage Racing Association, the event features vintage race cars competing on Road America, the world's fastest permanent road course. Tom Barnard, Vincent Dean, AC and Tim Korzen will pilot four CSX4000 427 Cobras in Group 10.

"The partnership between Ford and Shelby put the blue oval in the winners circle in everything from SCCA races to LeMans," said Robert Parker, manager of Ford Car Marketing. "We're proud to sponsor the Shelby team for the Road America Races and look forward to participating side by side with our fans and consumers."

Shelby cars dominated the racing scene during the 1960's through its own efforts or factory support of private teams. The 289 and 427 Cobras won road racing and drag racing championships worldwide while Ford Shelby Mustangs trounced sedan teams under the Shelby banner.

"It was never a matter of if, but when Shelby would make it back to the track," added Amy Boylan, president of Shelby Automobiles. "Thanks to our relationship with Ford, we're evaluating all of our options for a racing program. I look forward to bringing home championships again."

Carroll Shelby, one of America's greatest race car drivers, dominated sports car racing in the mid-1950s. His crowning achievement as a driver came in 1959, when he won the 24 hours of Le Mans. Upon retiring from racing, Shelby forged a relationship with Ford and founded Shelby American to create the Cobra sports car. Today his company, Shelby Automobiles, continues to build the Cobra as a component vehicle in the 289 street car, FIA and 427 S/C models.

About Shelby Automobiles, Inc.

Founded by legend Carroll Shelby, Shelby Automobiles, Inc., manufactures and markets performance vehicles and related products. The company manufactures authentic continuation Cobras, including the 427 S/C, 289 FIA and 289 street car component vehicles. The company partnered with Ford Motor Company to launch the new Shelby GT500, Shelby GT and Shelby GT500KR, which are based on the Mustang. For more information about Shelby Automobiles and to see the build of a 2008 Ford Shelby GT500KR, visit www.shelbyautos.com.

About Ford Motor Company

Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles in 200 markets across six continents. With more than 280,000 employees and more than 100 plants worldwide, the company's core and affiliated automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mercury, Volvo, Aston Martin and Mazda. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.fordvehicles.com.

Source: Shelby Automobiles, Inc. and Ford Motor Company






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Shelby Automobiles
Inc.
Scott Black
214-520-3430
sblack@tprm-usa.com





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