That is what is expected to come out in 2007 to replace the Ford GT. That will be the 2 seater they had on Rides once with the V10 in it. I doubt it will come with the V10, but, it will be a killer car none the less.
As for Shelby being back in the game, he isn't doing anything other than putting his name on a car these days. With the AC Cobra, he just approved the designs as they went along. No other input. The 2007 SVT mustang, he didn't do anything other than put his name on the back...of which, it has been said that the final product will not be coming with Shelby on the back. But, we will have to wait and see what the final product is next summer. The car pictured is said to be 80% of what the final car will really be.