Carroll Shelby Licensing Response

[427TJ]

Here's how a lawyer might see it: Say a guy bought one of the old cancelled Shelby checks on eBay that was innocently given away by one of the SAAC guys years ago. The buyer leaves it on the kitchen table, it falls on the floor and the baby eats it. The baby survives but has brain damage from oxygen deprivation linked directly to choking on the paper. The only part of the check that survived the incident has Carrol Shelby's signature and company name on it. The family of the injured baby, faced with immense hospital and future care expenses, calls a lawyer. The lawyer looks for the deepest pockets, the lawyer quickly realizes that it's Carroll Shelby and Co. and files the suit. (Pain and suffering by the parents, hospital and future life care expenses for the baby, the millions of dollars the baby would have earned if he/she had grown up and lived a normal life and made millions of dollars, etc., etc.) That is how I think a lawyer would look at this--on both sides.

No offense to lawyers. Everyone hates lawyers until they need one.

[sYc]

[ QUOTE ]
[ QUOTE ]
Does anyone have any insight on how this war started? It's very sad and not a positive thing for owners of Shelby's. I don't know anything about this dispute, but one thing is certain. SAACs registry efforts over the years are the single most important reason the 60s era Shelby value's have remained high.

[/ QUOTE ]

I agree about the SAAC being the most important reason for the values of the good cars remaining high. Imagine how great it would be if the chevy's had that.

[/ QUOTE ]


Not to pat ouselves on the back, but we do have that, sort of, in the sYc. IMO, if not for the sYc and the endless contributions of its membership, I do not believe the great interest in supercars, and rare Chevys in general, would exist. Case in point is the article just posted by Kasey from Camaro Performers magazine. Tell me seeing those pics from SCR10, especially the ones from the track, does not make one's heart beat a little quicker. My wife was even impressed by the one showing Barnhart with the front wheels in the air.

BTW, same as the SAAC, I would be very upset, and defensive, if someone told me that the sYc had to surrender control of everything we have work so hard to accomplish the past ten years.

[Charley Lillard]

Shelby has also been giving out the checks as raffle prizes so he had already have insurance against that baby chocking.

[rubbinisracing]

[ QUOTE ]

Not to pat ouselves on the back, but we do have that, sort of, in the sYc. IMO, if not for the sYc and the endless contributions of its membership, I do not believe the great interest in supercars, and rare Chevys in general, would exist. Case in point is the article just posted by Kasey from Camaro Performers magazine. Tell me seeing those pics from SCR10, especially the ones from the track, does not make one's heart beat a little quicker. My wife was even impressed by the one showing Barnhart with the front wheels in the air.

BTW, same as the SAAC, I would be very upset, and defensive, if someone told me that the sYc had to surrender control of everything we have work so hard to accomplish the past ten years.

[/ QUOTE ]

Now that's something we can all agree on!

[427TJ]

[ QUOTE ]
Shelby has also been giving out the checks as raffle prizes so he had already have insurance against that baby choking.

[/ QUOTE ]

Yeah, I suppose his lawyers would have thought of that a long time ago.

[Canuck]

Read in Car and Driver that the Carroll Shelby Foundation has amassed $3,000,000 in assets since its founding. The majority of the accumulation has come from the sale of special cars donated by Ford and auctioned at various auctions. It further stated that the foundation has only disbursed 1% of its receipts.
Hmmmmmmmmmmmmmm.

[Charley Lillard]

That is true but in defense of Shelby he has stated he wants to build the fund up to the point where he can dole out interest of the funds so it keeps on growing after he is gone.

[427TJ]

Ditka's in the same hot water with his NFL player's charitable fund--very little disbursement to needy ex-players.

[prototype]

Many trust funds operate this way. The Getty Museum has enough funds set aside to maintain the museum in perpetuity as well as continue collecting art.

[GeorgeLyons]

SAAC has been a superb guardian/custodian of these records that have clearly made Shelby cars a safe collectible with a very organized history. Thay have always been willing to share any and all documentation with people owning or contemplating purchases. They do this for little or no money and the published registries are readily available for a fair price. It's very clear to me that somebody has got Shelby's ear that this info could now be a perpetual source of income and WE can make some $$$$. Shelby was a very dedicated supporter of SAAC and was outspoken in his appreciation of their work to maintain his cars history. Shelby and I spent some memorable one on one time on a Carribean cruise with our wives about 15 years ago and discussed briefly how great it was that SAAC had his cars so clearly documented unlike so many other collectible cars. I do have photos but unfortunately no audio. This whole mess makes me both sick and irritated. I for one hope Shelby comes to his senses and settles this amicably with SAAC so they can continue their good work in keeping these great cars history alive and available.