Had two instances yesterday of the Red Shell failing for seemingly no reason, one of which you can see at 0:36 in the video below. I still had my shell I was dragging behind so that couldn't have been what stopped it.
The second unfortunately wasn't captured in the 1-minute length replay, only the full race version, but I've still got images to tell the tale.
So here you can clearly see I have no item to defend with while the Red Shell is on it's way.
Here it's made contact with me and I'm thinking I'm hit, but...
it shatters from contact, and...
I get away completely unscathed! Dunno how or why these events happened, but I'll take it! 









