The dispute between the Shelby American Automobile Club and Carroll Shelby Licensing has been settled.
An announcement on SAAC's website at www.saac.com states, "On August 8, 2008, an agreement was signed, putting behind us the turmoil and uncertainty that accompanied this legal conflict. We are now and forever the Shelby American Automobile Club. This is the result of some very hard work by people from both organizations. Rick (Kopec) and Ken (Eber), as well as efforts by Dave Mathews, Ron Richards and Dave Winkler at SAAC... and Amy Boylan and Carroll Shelby at CSL and Shelby Autos. ... all worked through the negotiations that settled any and all disagreements and put us all on the same page... where we can all get back to enjoying the cars and the history of Shelby American."
Specific details of the settlement have not been announced.
Earlier this year, Carroll Shelby Licensing elected not to renew SAAC's license. SAAC subsequently filed a lawsuit.
Our congratulations to both SAAC and Shelby for coming to a resolution in time for SAAC-33, scheduled for August 15-16 at Thunderbolt Raceway in Millville, New Jersey. The new Team Shelby plans to participate.