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Details Emerge About Shelby Severing Ties With Unique Performance


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If you did not read our previous post about Shelby and Unique Performance I will give you the real quick lowdown.  Carroll Shelby's licensing branch made it public they were severing ties with Unique Performance who builds continuation Shelby vehicles because of numerous complaints and lawsuits filed by customers who have put down deposits and have yet to recieve their car.

Little was known about this situation at the time only that Shelby was cutting loose from Unique but more details are coming out in another article by Automotive News.  In the article Carroll Shelby explained that Unique has taken millions of dollars in deposits from customers who have been waiting for two years for their cars.  These customers have filed lawsuits wanting their hefty deposits back only to be met with a NO from Unique who says customers will get their cars. 

Also in the article CEO of Unique Performance Doug Hasty fires back saying Shelby Autos is to blame for production woes because of faulty 427FE engines that were supplied dating back to August of 2005.  These engine problems have caused workers to stop production of the continuation cars for customers so they can fix the ones already in use.  According to the article twenty-eight of the 43 Shelby Super Snakes produced prior to August 2006 had engine issues that led them to overheating and/or mechanical failure.  Shelby dismisses this claim and said he knew nothing of the engine problem till recently.

It seems like a he said she said war of words and the only real losers in this situation are the customers who have yet to receive their cars or get their deposits back.  After the jump read the rest of the article with specific customer complaints and decide for yourself who is to blame for the production woes.

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Comments (6)
  1. Hasty is full of it. Only a handful of the cars produced were equipped with 427FE's supplied by Shelby. We had these engines built by other, cheaper sources. I will not give there names because they still run reputable businesses and have nothing to do with this. Engine failures stemmed from poor engineering, not faulty engines. Many customers will be more than pissed to know that Unique's production was managed by Brent Fenimore, who is famed for running Shelby's operation into the ground years ago. No efforts were ever made to iron out the bugs in the system. The only issues ever fixed were done by the employees who had nothing but idle time, due to waiting nearly 6 months for long needed parts and materials. If you are waiting on a Foose Camaro, forget it. Foose hasn't received payment for any of the handful of cars sold under his name. And the reason they stopped production here is because Chip was trying to find out why. They just didn't want to owe him anymore money. Hasty is a crook, bottom line, and a dumb one at that. The man is like a 16 year old girl with a credit card he doesn't pay for. YOU DO!!! and the employees did. They stole 401K contributions and health insurance premiums from us for nearly a year. Not to mention the employees who ran into legal issues because the company was taking child support deductions and not sending the payments. They closed the doors and still owe us two weeks salary. All you people want to know what happened to your money? Go look in Hasty's garage. The only thing I saw grow in nearly 2 years of employment was this mans car collection. He spent money on lavish hotels, women, and first class flights, everywhere he went. These people scammed everybody. Shelby is no saint either, but didn't have anything to do with this. I feel terrible for those who paid for their dream car's only to be what can only be described as "ROBBED", and for the employees who put there blood, sweet, and tears, into what turned out to be a scam and unemployment. We can only hope that Doug Hasty and Co. pays for these crimes behind bars.
     
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  2. I am looking for customers or former employees of Unique Performance. If you have a few minutes and can share some knowledge or experience, please e-mail me or call me at 214-977-8703.
     
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  3. I have had business dealings with Mr. Hasty many years ago in a much smaller venue. It sounds like he is up to his old tricks---getting as much as he can into his pockets while screwing anyone in his way---literally and financially---guess he never really listened to those sunday school lessons in grand prairie, texas.....something about what you do wrong to others will come back to you ten-fold......i feel sorry for his family........
     
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  4. I like anyone who reads this blog am and always will be a car nut that has really taken a serious interest in modified late model mustangs. I am fortunate enough to have purchased the first retail 2006 pre production Stallion Mustang. I just love the look of this car. I also just took possession of a 2008 Shelby GT500 Convt. Again, I can’t say enough about these iconic cars. I know I am fortunate to be in a position to enjoy the recent "reborn" mustang craze. I even hoped that one day I could muster up the cash for the read deal. A 1967 GT500E. Just imagine tearing up the two lanes on a late summer evening in your own 1967 GT500E.
    Well, I finally got a chance to see the Unique Performance site first hand. What should have been pure joy was transformed into something of shock and awe. Unfortunately my visit to the Unique facility was only hours after the bankruptcy auction stripped the facility of everything except the shell of a custom HHR. It was like seeing a terrible car accident on the interstate as it happened.
    Now I was fortunate not to have been on the other end wondering where my hard earned cash went. While I did not suffer the same losses as those unfortunate few that lost their investment, I am still in shock over the whole deal.
    In all honesty I was like a kid again reading and experiencing the pure excitement of knowing that the ultimate modified Mustang was reborn with Shelby behind the wheel. Then this.
    As I have inquired on how this all came to be I am just amazed. I mean come on. Am I really to believe Shelby never had the rights to the GT500E? And is Shelby really suing the Shelby registery? Then I found out some builder in Oklahoma actually cut the deal for the authentic GT500E rights. Now Shelby attempts to claim ignorance to all and bails? As a direct result it then appears Unique spent all the investor’s cash and closes up shop after some one claims fraud? The thing that seems to be agreed upon by all interested parties is the fact that countless enthusiasts and investors are now shaking their heads wondering what happened.
    I share my frustration with these events in this blog as my own form of release. I only hope that the rebound from this event may help soften the blow felt by the hopeful owners, the builders, and the dreamers like myself.
     
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  5. Do you honestly think UP would have sent three cars to a millionaire's
    house (potential investor) in Denison if they were processed illegally
    or tried to hide some 100 cars that they had in process from the local
    police department?
     
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  6. For the lucky customers who did recieve delivery of the Shelby they order, this scamming bunch of scum bags called Unique Performance really have taken the shine of these vehicles.
     
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