According to Adam Carolla’s Podcast show ‘Car Cast’ Carroll Shelby is currently developing a twin turbo 1,000 horsepower limited edition Mustang that will no doubt be priced well out of the range of the average Mustang enthusiasts budget. There aren’t any details on the engine used or what kind of modifications will be made to the car now.

Wayne Morris Ford in Perry, GA has put their first and so far only allotted 2010 Shelby GT500 on eBay. The price starts at MSRP with no reserve and if you don’t care for the Grabber Blue color or would like to change anything else about the car you have that option if you buy it via eBay. There are not any bids at the moment but I don’t see that lasting much longer as this gets out. Check it out on eBay for the rest of the info.

The 2010 Shelby GT500 has been officially revealed by Ford and we must say, it looks better than ever. With power increased to 540 hp and 510 lb-ft of torque the new GT500 provides even more punch to support it’s more aggressive front end and raised hood. Make sure to check out the official 2010 Shelby GT500 pictures and the official 2010 Shelby GT500 page.

Anyone that is a fan of Shelby Mustangs is surely going to want to check out this eBay Auction of a 1968 Shelby EXP500 ‘Black Hornet’. Yea, I think that the EXP500 sounds cooler too. The Black Hornet sports a 428 Cobra Jet that puts out 335 horsepower, 4-speed transmission, 9″ rear end with 3.25 gears and 10-spoke Shelby wheels. The auction price is at $160,100.00 at the time of writing this with 76 bids. Like most auctions featuring high profile Shelby Mustangs, the proceeds from this auction will go to the Carroll Shelby Children’s Foundation.

The NASCAR Sprint Cup Series event at Las Vegas Motor Speedway on March 1, 2009 will be sponsored by Shelby Automobiles. The event will be lengthened to 427 miles and will be called the “Shelby 427.” Together, LVMS and Shelby will market a Las Vegas Motor Speedway Limited Edition Shelby 427 package for the Ford Shelby GT500 Mustang.

Good news for members of Shelby American Automobile Club and Shelby Mustang fans every where. According to SAAC.com, the legal battle between SAAC and Carroll Shelby has been resolved with both sides coming to an agreement that, according to SAAC, will allow a “return to the normal life of having fun and enjoying the people and the cars of our hobby”. Check out the official press release after the fold.

Carroll Shelby and designer/artist Bill Neale are celebrating the rebirth of the famous Terlingua Racing Team with the first annual “Shelby Bullrun Challenge” in West Texas on Sept. 25-28, 2008. The event includes a combination of driving events and parties for celebrities and enthusiasts that will rival the ones that gave rise to the Terlingua legend 40 years ago.

With the upcoming release of the Shelby GT500 Super Snake many people will have an opportunity to put on of these limited edition Shelby’s inside their garage. It’s quite the opposite for the 1967 Shelby GT500 Super Snake as the person who wins this ebay auction for the only 1967 Shelby GT500 Super Snake ever produced will have the ultimate limited edition Mustang. The 1967 Shelby Super Snake sports a 427ci V8 with 520 horsepower, a 170 mph top speed and unique triple stripes. The ebay auction is set to end in a week. Check out the pictures after the fold.

The disagreement with SAAC that we reported on a little over a week ago now has a counter as Carroll Shelby has issued a rather extensive statement giving his side of the story and explaining why SAAC’s license with Shelby Automotive will not be renewed when it expires in January. The complete statement is after the fold and if everything holds in the statement it doesn’t look good for SAAC, especially the part about not paying the one dollar licensing fee.

It didn’t take long to get confirmation that the new KITT car would in fact be a Ford Mustang. A picture of the actual KITT car surfaced on Jalopnik and was later confirmed by sources at the companies involved in the production of the new Knight Rider TV series. They did, however, say the red lights in the hood were photoshopped as they were not working on the day that the photos were taken. Unfortunately, David Hasselhoff could not be reached for comment….

Shelby American Automobile Club has been around for 33 years, which has the important task of verifying the authenticity of every car that claims to be a Shelby Mustang. All that will come to an end January 31, 2008 if Carroll Shelby has his way. Shelby Automotive has sent, what is basically a cease and desist (here), to SAAC requesting that they stop using Shelby’s trademark, return all documents that prove the authenticity of Shelby Mustangs, return all unsold inventory and provide Shelby Automotive with financial records dating back to 1996. All this is coming not a month after Shelby teamed up with Blue Oval News to form the first “official” Shelby Mustang car club, called Team Shelby. Shelby also registered a trademark for “SAAC” on November 16, two days after the cease and desist letter was sent.

Three American automotive icons, Ford Motor Company, the Barrett-Jackson Auction Company and Shelby Automobiles, have collaborated to create collector car history with a limited edition 2008 Mustang Shelby GT. The companies today unveiled the 2008 Barrett-Jackson Shelby GT based on the Ford Mustang at the Arizona International Auto Show. With an MSRP beginning at US$38,980.00, a total of 100 2008 Barrett-Jackson Shelby GTs, in both coupe and convertible body styles, will be sold through Arizona Region Ford dealers beginning today. The purchase price of each car will include a $250 donation to the Carroll Shelby Children’s Foundation.

The 2008 Shelby GT500KR, 2008 Shelby GT500 and the 2008 Shelby GT take to Miller Motorsports Park in this promotional video featuring a fast paced rap song with lines such as “she fly, she fast, she cute, she cool” and “SVT take you out too school”. No word yet on when the single comes out… check out the video after the fold!

The Shelby GT500 will be sticking around for quite sometime according to Amy Boylan, President of Shelby Automotive Inc. She stated the GT500 will run “well into the next body style”. The Ford Mustang is expected to receive a modest face lift and power increase in 2010. Dealer markups should slowly start to decline now that dealerships can not market the GT500’s as limited edition, limited run Mustangs. Those wanting the 2008 Shelby GT500 should find the price tag much more reasonable as well.

ShelbyAutos released some pictures of the different color combinations you will be able to choose from when ordering your Super Snake package. The main colors are Grabber Orange, Ebony Clearcoat, Performance White, Alloy, Tungsten and Vista Blue. The Shelby GT500 Super Snake should be appearing on the streets in late 2007 and will sport a 600 horsepower and 725 horsepower package. The 600 Horsepower package is priced right under $28,000. Pictures after the fold.

A new performance parts business formed by Shelby Automobiles and Scott Drake Enterprises, Inc. will be introduced at the 33rd Annual Mid-America Ford Performance and Shelby Meet on June 14, 2007. The new company, called Shelby Performance Parts, LLC will offer a complete line of products to turn up the wick on 2005 and newer Ford Mustangs, Shelby GT’s and Shelby GT500’s. Many of the key components from Shelby’s partnership with Ford Racing, which is demonstrated in the new “Super Snake” package for Ford Shelby GT500, will be at the event.

Pictures of the much anticipated Shelby GT500 Super Snake have found their way onto the internet. The pictures are of decent quality and show the true beauty of the car. We can look forward to more high quality pictures as the car is put on display at the Mid-America Ford Performance and Shelby Meet in Tulsa, OK this weekend. The pictures are after the fold.

The car that was too fast for American speed limits is now the car of choice for the last man alive. Apple has released a teaser trailer for I Am Legend which features Will Smith briefly sporting a 2007 Shelby GT500. Who else wouldn’t want to take a GT500 out on the empty streets of New York City? Especially if you are the only one left alive. No pesky cops to interfere with your joy ride. The movie looks like it’s going to be amazing so be sure to check out the pictures and teaser trailer after the jump.

The Shelby GT will return in 2008 with a few changes, most notably the addition of a convertible model. The 2008 Shelby GT will have a production run of 2,100 with the majority of those 2,100 being convertibles. The 2008 Shelby GT will only be offered in Vista Blue with Metallic Silver stripes, a change from 2007 when buyers were given a choice of Performance White and Black Ebony. No reason behind the change to a one color production was given, our guess is it was due to Ford cutting options, but those interested in purchasing Black Ebony (my personal favorite) will be disappointed to no longer have that option. As with the 2007 model the GT will be produced with the 320HP 4.6L V8 and be offered in either Manual or Automatic transmissions. The price will remain the same as well.

Yea you will still have to cough up the $45,000 to get the GT500 (Good luck finding one for $45,000) and then purchase the package to compliment it. Amy Boylan, President of Shelby Automobiles Inc, pointed out that the quantity of the parts and the retooling required pushed the price to the $28,000 dollar mark. I’ll let you decide if the total best case scenario price of around $72,000 dollars is worth it. Complete parts list after the fold.

I stumbled across this video while checking out Shelby Autos and thought I would share it with everyone. Carroll Shelby gives a brief rundown about how the Shelby Mustang got started and how the King of the Road name was almost lost to the Corvette. No one else has made a bigger impact on the Ford Mustang than Shelby who has been working with Mustangs since the Mustang debuted. Video is after the fold.

Shelby Automobiles will use newly-developed Ford Racing GT500 performance packs to help transform a limited number of 2007 and 2008 Ford Shelby GT500’s into fire breathing “Super Snake” coupes. The Super Snake post-title package will include enhancements to the Ford Shelby GT500’s handling, styling and power; tuning options will range from a warranted 600 HP V8 to over 725 HP (unwarranted). Only a limited number of Super Snakes will be built per model year at the Shelby Automobiles facility in Las Vegas beginning in late 2007.

We have another video to show of the new Shelby GT500KR. You can check out the first video at AutoBlog. This new video showcasing the 2008 Shelby GT500KR comes courtesy of WebRidesTV. The new GT500KR is nothing short of a monster producing 540HP and 510TQ while consisting of a finer tuned suspension and carbon fiber body parts. Production is expected to start in May and 1,000 GT500KR’s will be produced. We look forward to seeing these on the streets in 2008 and receiving videos of these cars in action rather than rotating at a car show, however, we will take what we can get for now. Video below the fold.

What happens when a performance legend from Dearborn reunites with a performance legend from Texas? You get the Ford Shelby GT500. The collaboration between Shelby and Ford’s Special Vehicle Team (SVT) continues to yield an instant collector’s Mustang that delivers 500 horsepower from its supercharged 5.4-liter V-8.

Ford and Shelby will be releasing a new appearance package for the 2007 Shelby GT500 soon called the “Red Stripe Package”. The package will consist of either a White or Black GT500 with red stripes on the top and side. The package will also include interior upgrades with black leather seats consisting of red inserts along with premium carpet and floor mats with red and silver embroidered Cobra logos. You will even get a Shelby car cover to go along with it as a bonus.

The 2008 Shelby GT-H Convertible was unveiled on March 31, 2007 at the Barrett Jackson Auction where the first car was sold for $250,000. There will be a total of 500 Shelby GT-H Convertibles produced and will be be rented out by Hertz. The Shelby GT-H is more of a appearance package than performance with only 19 more Horsepower than a stock GT. Clad in black exterior paint, set off with gold “Le Mans” dual racing stripes and “Shelby GT-H” rocker stripes, each will wear a Hertz Edition emblem on the front fenders and feature Hertz Shelby GT-H sill plates. A numbered dash badge with Carroll Shelby’s signature will be inside the cockpit.

To be unveiled at the 2007 New York International Auto Show, the 2008 Shelby GT500KR (King of the Road), is the most powerful Mustang to date producing 540 Horsepower and 510 Torque. Sporting a unique carbon composite hood featuring the classic Shelby “KR” design and a finely tuned suspension the 2008 Shelby GT500KR is more than just a power upgrade over a regular Shelby GT500.

One of the most anticipated vehicles since the Shelby GT500 is set for production beginning in January 2007. The latest Mustang offering from Ford, the Shelby GT that we have been reporting on for some time features 325 horsepower and the chance to own a vehicle that Carroll Shelby himself helped create. The cars begin life as regular Mustang GT’s, and are then shipped to Shelby Automobiles, INC. in Las Vegas. There, they receive numerous modifications from the Ford Racing Performance Parts catalog, as well as Shelby’s own little touch.

One thing that Ford seems to be doing really well is creating clever commercials to push their vehicles to consumers. One of my favorite commercials so far is the “Can’t find a speed limit I liked in America” commercial featuring the Shelby GT500 Mustang being imported into Germany for a little fun on the Autobahn. However, the latest one from the Ford Bold Moves advertising blitz proves to be equally entertaining as it shows a Shelby GT-H Mustang in a high speed chase with a cop car. Enjoy…

When you hear “Gentlemen, Start Your Engines” on November 19, 2006 look to the very front of the pack for the Shelby GT500 as it leads the 43 Nextel Cup Series Drivers around the track to the start of the Ford 400 in Homestead, Miami. At 500 horsepower, there won’t be any problem leading the NASCAR Nextel Cup field. The GT500, with its 5.4-liter supercharged V8 engine, is a collaboration between racing legend Carroll Shelby and Ford Special Vehicle Team.

America may be where the Shelby GT500 Mustang was born yet no road in America can truly allow the GT500 Mustang to show its true colors. So what happens when you want to get some street action without taking a chance on getting the red and blue in your rear view mirrow? Why you box your GT500 Mustang up and ship it to Germany for a tour around the Autobahn. Ford’s latest Bold Moves puts the Shelby GT500 in the land of exotic cars and scenery. It almost brought a tear to my eye. There is just something about a Ford GT500 touring the Autobahn with some of the most exotic high performance cars in the world makes me all warm and fuzzy inside. Check out the comercial below.

Hau Thai Tang, the Director of SVT, takes the 2007 Shelby GT500 Mustang for one lap around the Road of America road course in Elkhart Lake, Wisconsin to test the cars handling ablility and top end power. Road America is a four-mile road course with fourteen demanding turns to make sure that the GT500 gets a full test of its capabilities.

Today, Ford debuts the all-new 2007 Ford Shelby GT through a behind-the-scenes look at the high-performance Mustang’s development on its “Bold Moves: The Future of Ford” web-based documentary (www.fordboldmoves.com). On Wednesday, Ford confirmed production of the Shelby GT as one of 9 new product introductions coming in the next 6 months for Ford and Lincoln Mercury. The Shelby GT will feature a 4.6-liter V-8 producing 325-horsepower and production will be limited in volume therefore assuring its exclusivity like all Shelby Mustang models.

It seems Automotive News has revealed that the third Shelby Mustang in Ford’s pony car corral will be a retail version of the Hertz Shelby GT-H rent-a-racer called the Shelby GT. The car will be a 2007 model and production will be at least a few thousand. No word if the Shelby GT will differ from the rental car in any way, either visually or mechanically.

Ford Motor Company has released prices for the 2007 Shelby Mustang GT500 for the Coupe and the Convertible models. The Shelby Mustang GT500 comes in at a suggested retail value of $40,930 while the convertible has a suggested retail value of $45,755. Along with the car comes the hefty $1,300 dollar gas guzzler tax. $40,930 dollars for 500HP of American muscle is not that bad of a deal when you compare the price of it’s rival, the Z06 Corvette which as an MSRP of $64,890 for 505HP. The base Corvette sells for $43,690 and only packs a measily 400hp.

What happens when a legend from Texas reunites with a legend from Dearborn? The most powerful Ford Mustang ever. After 40 years, racing legend Carroll Shelby and the Ford Mustang are back together with the introduction of the 2007 Ford Shelby GT500. The collaboration between Shelby and Ford’s Special Vehicle Team (SVT) is yielding an instant collector’s Ford Mustang that builds 475 horsepower in its 5.4-liter supercharged V-8. A modern interpretation of the Shelby Ford Mustang of the 1960s, the Ford Shelby GT500 uses advanced engineering to attain the performance that made the original GT500 the king of the road.

Big block and small block V8 owners of all types may want to take a second look the next time a “V6″ Mustang pulls up to the light as Carroll Shelby International Inc’s announces the new Shelby CS 6 Mustang concept vehicle. Shelby Automobiles, known for speed and performance through the leadership of legendary racecar driver and Cobra creator Carroll Shelby, will offer a modified V6-engined 2006 Ford Mustang, dubbed the CS 6.

The Ford Shelby GT500, one of the most anticipated and powerful cars coming in 2006, just got hotter with the announcement that a convertible version will join Ford’s line-up. With more than 450-horsepower on tap from its supercharged 5.4L V-8 engine, the Shelby GT500 convertible will be the most powerful factory-built Ford Mustang convertible in history.