Mike Peisach, Penn Freshman, Recreates Shelby Cobra And Sells For $110,000

Mike Peisach, Penn Freshman, Recreates Shelby Cobra And Sells For $110,000

University of Pennsylvania student Mike Peisach is making a name for himself as an entrepreneur before finishing his freshman year of college.

The Daily Pennsylvanian
explains:

At the beginning of his sophomore year in high school, Peisach, an Engineering freshman, embarked on a mission to recreate the Shelby Cobra, a British-built-and-designed car from the 1960s. By the end of his senior year, he finished and then auctioned the car off for $111,000.

The original car was considered "the best car of its time," said Peisach, as it was "extremely fast, stylish and sexy. A classic car."

Peisach worked on the car for two years with help of a $60,000 investment from an Argentinian businessman. He told the Pennsylvanian that he had a "really hard time" selling the car.

As socially-minded as he is inventive, Peisach gave his earnings to Endeavor, a group that provides support to young entrepreneurs.

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