Attention all muscle car fans - It’s the summertime, a time for grabbing some girls and going cruising to the beach with the holy grail of all muscle cars right here before your eyes. This stunning Shelby Cobra GT500-K Red Convertible is part of the Steven Molasky Estate Bankruptcy and will be sold at the Classic Car / Premium Estate Auction in Las Vegas NV, June 27th, 2009 (Las Vegas Auction Official Site)

In February 1968, Shelby Cobra the GT500KR “King of the Road” was unveiled. Under the hood was a 428 cubic-inch Cobra Jet V8 which was conservatively rated at 335 horsepower (250 kW) although some early 1968 GT500’s had a 390 cubic-inch V8.

A view from behind the steering wheel of this amazing automobile. You can get your hands on that wheel for a mere $300,000.00 if you’ve got the extra cash lying around.

More Information and Pictures : 1968 Shelby Cobra GT500 Engine