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Originally Posted by twobjshelbys
Remember the press release mentions that proceeds will go towards the museum in Gardena and not to the Shelby American stock value. There are advantages to tiered layers of ownership.
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This is simply speculation and likely not true, if you've ever audited a non-profit before. There are many methods in extracting monies from non-profits. Also, CNN has had numerous stories on alleged non-profits and where their money is "spent."
Additionally, from the press release:
"A portion of the sale from each 427 Shelby Cobra Competition series car will be donated to help construction of the "Shelby Automotive Museum” in Los Angeles, California, which is now in the design and build stage. This tax exempt 501(9)(3) non-profit public benefit corporation was created by Carroll Shelby to celebrate American racing heritage, including Mr. Shelby's contributions to that history."