[Tigers] Costly Business for Rootes

[Jeffrey Nichols]

Included are the last auction results I could find for the Ken Miles car:
 
Monterey Sports & Classic Car Auction 
Friday, August 18, 2006 - Saturday, August 19, 2006   
 
 
1964 Sunbeam Tiger Prototype Roadster   
  
LOT: 421   
 
Estimate: 
$60,000-$80,000 US 
Chassis No. B9109464 
Offered Without Reserve 
AUCTION RESULTS: Lot was Sold at a price of $46,750  
 
Don't know who bought the car.
 
Based on what Rootes paid Shelby's company back in the 1960's,  Rootes
believed Shelby's involvement was more than minimal.  Add in $35,335 for
royalties ($5.00/car), $8,700 (Carrolls Book) for the prototype, $40,000
(Taylor's book) for the first race car, you have a total of $84,055 that
Rootes paid to Shelby American for work related to the Tiger.  Adjusted for
inflation it comes to  $613,962.  Not chump change by any means.
 
 
                                                         JLN