A no-nonsense, classic American muscle car from the 1960s going head to head with a high-tech, thoroughbred Italian supercar in the ultimate quarter mile race. What more could you ask to make this battle more interesting? Well, how about a $400,000 wager?

The story has it that Dan Bilzerian, owner of a ‘tricked-out’ 1965 427 Shelby Cobra, placed a bet that his American muscle car can beat his friend Tom Goldstein’s 2011 Ferrari 458 Italia in a quarter mile race.

On March 9, 2011, the two men brought their cars down to the Las Vegas Motor Speedway racetrack and put their money where their mouth is. And no, we won’t spoil the surprise by telling you who won the bet. Video follows after the break.

Link: Clubcobra

VIDEO