- Classic Recreations was rescued by Velocity Restorations after bankruptcy.
- The revived firm will keep producing Shelby-licensed GT500 and Cobra.
- Velocity’s Pensacola facility will now assemble all future CR builds.
Months after suddenly declaring bankruptcy, Classic Recreations, the American outfit known for crafting high-end Ford Mustang restomods, has found a lifeline. The company, long associated with officially licensed Shelby builds and carbon-bodied muscle cars, is back in action under new ownership.
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Its savior comes in the form of Velocity Restorations, a Florida-based restomod builder that has not only acquired Classic Recreations but also locked down a critical licensing deal with Shelby to keep the brand’s hallmark projects alive.
Read: One Of The Most Famous Mustang Tuners Just Went Bankrupt
Exact figures behind the acquisition haven’t been made public. What is known is that Classic Recreations will now operate out of Velocity’s factory in Pensacola, where production of its signature models will resume.
It will continue building its 1967-68 GT500 steel-body and 1967-68 GT500CR carbon fiber-body models, as well as its 1969 Boss 429, 1969 Hitman, and Shelby Cobra recreations.
Thanks to the renewed agreement with Shelby, Classic Recreations’ GT500 and Cobra models will continue to be officially licensed. This is hugely important and will ensure that lawyers from Ford or Shelby don’t come knocking at your door.
Also: $625,000 Carbon Shelby GT500CR Centennial Edition Is A Heartthrob
“Classic Recreations holds an important place in American performance culture,” said Stuart Wilson, CEO of Velocity. “Our team has refined the brand with a focus on craftsmanship, transparency, and long-term stability. With reinforced engineering, updated branding, and a renewed Shelby partnership, Classic Recreations is positioned for a strong future.”
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What’s Next for Velocity?
Velocity currently operates out of a 135,000-square-foot facility that produces hundreds of vehicles each year. It offers its own restomodded versions of American icons like the 1966-1977 Ford Bronco, 1967-1968 and 1987-1993 Ford Mustangs, classic Ford F-100, F-150, and F-250s, and modernized Chevrolet C10s, K10s, K5 Blazers, and original Scout models.
Most of the projects that Classic Recreations has lined up for 2026 have already been sold, and it has just opened allocations for 2027.
When the company filed for Chapter 11 bankruptcy in July, it had between $1,001,000 and $10 million in outstanding liabilities. It quickly appointed a turnaround specialist, and thankfully for fans of high-priced restomods, the company was rescued from the brink of collapse.
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