Ford is keeping the 83-year-old Caroll Shelby very busy according to The Detroit News, which is reporting that a third Shelby Mustang following the GT500 and GT-H will be released later this year. Ford announced the news to its dealers at a meeting in Vegas this week, but very few details are known. The official announcement will come in the next documentary webisode released on FordBoldMoves.com. Despite the lack of details, The Detroit News is guessing the new Shelby Mustang will be similar to the GT-H in terms of power and more affordable than the GT500. It's possible the newest Shelby is being produced as a response to enthusiasts who have been begging Ford to sell the rental-only GT-H to the public. We'll keep an eye on FordBoldMoves.com and let you know when the newest webisode hits the net.

[Source: The Detroit News]