AC Cobra Scam Continues

Robert Farago
by Robert Farago
ac cobra scam continues

South African entrepreneur Alan Lubinsky bought the rights to the Cobra name and intellectual properties in 1996. Since then he’s been scamming customers, governments, investors and the media by pretending that the “legendary” Cobra would arise from the ashes to . . . what’s the word for it these days? Viability. In 2006, TTAC (and The New York Times) poured cold water all over Lubinsky’s plans to build Cobras in Bridgeport, Connecticut. The project received tax breaks aplenty and an endorsement from the Governor (no less). This is after Lubinsky left a trail of bad debts and unfulfilled orders in the UK. And before he started taking orders (i.e., cash) for the rights to be a US dealer. After that never happened, Lubinsky tied-up with Texas’ Unique Performance to build a new Cobra. Unique soon fell to pieces amidst accusations of criminal fraud. Now Lubinsky is announcing the new, new, new Cobra. And once again. the automotive press—from Autocar to Autoblog— remain blissfully unaware (or unconcerned) about the scammery involved. So, here’s the most recent press release pitch for a gull-wing Cobra (why not?), chronicled and reprinted in its entirety by AB.

The AC MkVI is an open-top sports car based on the design of the Le Mans winning AC Cobra with many of the original car’s characteristics while incorporating modern technology. The cars are not imitations – they are new generation of AC Cobra incorporating relevant advanced technology. “Every year approximately 1,500 copies of the cars AC built in the 1960s are sold in America,” says Alan Lubinsky. “Why would anyone buy a replica when they can own an authentic AC roadster that is lighter and better and has been engineered and built to such demanding standards?” Weighing only about 1,025 kg, the lightweight AC MkVI GTS sports car can hit 100 kph in approximately 3.3 seconds. “The AC MkVI is wickedly addictive,” says Gullwing’s Juergen Mohr.

Our take: if you have a ten-foot pole, you may put it down now.

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2 of 16 comments
  • Db replicas Db replicas on Apr 16, 2009

    Dragging this off in a different direction does not alter the fact that your initial comment was a bit OTT:- "For a fast good looking Cobra replica nobody can touch Factory 5." Maybe you should have added all the additional criteria to your original post. Especially the word "cheap". Your statement would have held water then. You need to drive some of the European Cobra clones, we do "Handling" over here.

  • Konaboy Konaboy on Aug 08, 2009

    I'm toying with the idea of buying an AC Cobra. I was wondering if anyone can tell me if there is any serious downside to owning one. I saw one advertised where the guy said "If you are over 5'9" do not buy this car." And another "These cars are 4" longer than other replicas to accomodate taller drivers."

  • Dukeisduke I don't like how they've changed their nameplates and font from the Star Trek-ish LEXUS, to L E X U S, kinda like VW's lettering on the back of the T A O S, or those stick-on letters you can buy at the parts store that people use to their own names on the back of their cars.
  • Dukeisduke So, the screen goes blank for two-tenths of a second, every once in a while - what could go wrong?
  • Dukeisduke "Hello, IT. Have you tried turning it off and on again?"(Roy in The IT Crowd)
  • Dukeisduke Just Say No To Bugs!
  • Dukeisduke So, avoid calcium? You're going to increase osteoporosis, among other things.