Ford was trying to build a car which could compete with Corvette and the previous success in races of AC Ace persuaded Carroll Shelby that it has to be powered with new Ford V-8 engine. After successfull negotiation with AC Cars , AC Cobra was created in early 60's. AC manufactured about 1000 Cobras and sent it to USA where engines and transmissions were upgraded. The model was suited not only for racing but also for daily driving. Car was very successful in international and USA races. AC Cobra MkIII received Guiness World Record as the fastest production car in 1965.