Ford's special vehicles team (the people behind the Ford GT) have breathed fire into the humble Mustang to create the awesome Shelby GT500, reviving an association with the famed Shelby name going back 40 years to the original 60ís Shelby Mustang. Fordís GT also donates it's supercharged 5.4L V8 powerplant, although this one 'only' kicks out 500bhp! Body mods are for both form and function, crafted from the experiences of the Ford racing team, all nicely finished off with the obligatory 'Cobra' emblem. For the 2010 model year, power was raised to 540bhp, then 550bhp with an all new lightweight 5.4 litre due to arrive in 2011.
At just $40k in the USA the GT500 is a terrific bargain, costs having been kept down by the decision to incorporate a 'live' rear axle. This does effect handling but that is more than made up for with itís satisfying straight line urge.