Except the name "Shelby" and the number "427".
The cobra is a kludge. Shelby wanted an American sports car to be competitive in Europe, so he did the American thing: Throw as much power as you can at the problem. The car has only one thing going for it: brute power, combined with light weight. In handling, it's mediocre at best. It's just a banal re-engineering of a British sports car.
Around the same time he was producing the Cobra, he convinced Ford to give him a blank check budget to develop a -real- GT car from scratch, and the result is the Ford GT, a much greater accomplishment