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Click above for a live gallery of the 2008 Shelby GT500KR from New York

Pay no attention to the "2008" on that snake badge. Even though the 540-horsepower Shelby GT500KR was built to celebrate the 40th anniversary of a certain former chicken-farmer's automotive exploits, it seems that neither Ford nor 'ol Shel want the party to end. As a result, Ford and Shelby will produce an additional 746 units of the GT500KR in model year 2009. 541 of those will go to U.S. customers, making for a U.S.-market total of 1,571 cars, which conveniently matches the production run of the original KR. (Never mind those additional foreign-market cars -- they just mess with that warm, fuzzy, marketing-oriented math.) For your enjoyment, check out our gallery of the Vista Blue Shelby GT500KR currently on the New York Auto Show floor.

[Source: Ford]



DEARBORN, Mich., March 20, 2008 - To compliment the 1,000 2008 40th anniversary Edition Shelby GT500KR "King of the Road" Mustangs, Ford and Shelby Automobiles announce that an additional 746 units will be built for the 2009 model year to help meet worldwide demand of the supercar. Of that total, 571 units will be available for U.S. customers thus equaling the 1,571-unit production run of the original Shelby GT500KR. The remainder of the units will be for countries that did not receive 2008 models.
"The response to this car has been overwhelming, so I'm glad we can share it with more Mustang enthusiasts," said Carroll Shelby. "This car is really special to me and demonstrates that when Shelby Automobiles gets together with Ford SVT and Ford Racing, we can deliver a Mustang that will compete with the best in the world."

Like the 40th anniversary limited edition, the 2009 Shelby GT500KR will feature a 540-hp 5.4-liter supercharged V-8 with a Ford Racing Power Upgrade Pack, 3.73:1 rear axle ratio, short-throw shifter, and unique suspension tuning. Exterior design draws inspiration from the classic Shelby KR Mustangs and features unique carbon composite hood, wheels, and unique striping.

The unique 40th anniversary badging will only be featured on the 2008 special edition.

The Shelby GT500KR or "King of the Road" Mustang is the fourth limited-edition Mustang that Shelby Automobiles and Ford have brought to market since resuming their collaboration in 2001. It builds on the performance and success of the 500-horsepower Shelby GT500 – the most powerful production Mustang ever.

"If you drive a Shelby Mustang, you are part of something special: a 40-year history of legendary racing and street cars," says Robert Parker, Ford Division Car marketing manager. "That's what is driving interest in the GT500KR among enthusiasts around the world."

Delivering the "King of the Road"
The 2008 Shelby GT500KR began production on Carroll Shelby's 85th birthday on Jan. 11 earlier this year. As production ramps up to launch, enthusiasts can expect to see the first GT500KRs arrive in dealers this spring.

Each Shelby GT500KR begins life as a GT500, built at AutoAlliance International Inc., in Flat Rock, Mich. From there, the cars are shipped to the Shelby Automobile facility in Las Vegas, where a Ford Racing Performance Pack, exhaust system and short-throw shifter are installed. The GT500KR also is fitted with unique body, chassis and interior components. Every GT500KR will be hand customized and delivered to each customer in an enclosed transporter, just like the legendary Ford GT.

The strong demand for the new Shelby GT500KR was recently demonstrated at the Barrett-Jackson Collector Car Auction in Scottsdale, Az. where a one-of-a-kind version built with a glass-roof was auctioned off for charity. The GT500KR sold with a winning bid of $550,000, which went toward helping the Juvenile Diabetes Research Foundation.

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    • 1 Second Ago
      • 7 Years Ago
      OK all the "not a value, compare price to the 60s" morons. Can you come up with a car from the 60s that when priced compared to the current model is the same? IE a $2000 car from the 60s that in its current model costs only $15000? Answer: no you cant. The GT stickers below the average sale price of a new car today. It also outperforms big block models of the 60s. Even the $20,000 v6 will beat the base 289/302 motors. Ford also sold 165,000 of them last year, 47% GTs. Must be something right about the price.
      • 7 Years Ago

      When the Mustang came out there were affordable, high performance, V8 versions available to the lower income bracket (IE: Even high school students) brand new.

      Does a model like that exist now...Or is it gone with the proverbial dodo?

      It seems that, occasionally, some vehicles mature in such a way that they lose sight of what made them popular in the first place.

      Mustang, Beetle, Mini: have they forgotten their roots?
        • 7 Years Ago
        You do have a great point. My dad was in his late teens and drove a 67 Vette (327/350hp with a 4 speed). But look at the price of some two year old Vettes these days. And even brand new Vettes. Unless you have rich family members, for some reason won the lottery, graduated college early and are making $100k a year, there is NO way someone in their late teens or early 20s can afford a Vette.

        Heck, I work with guys who used to own top of the line muscle cars back in the day. Not beat up rust buckets. I mean brand spanking new models.

        Now anyone my age (23) can afford is a Focus or a Civic (if they are lucky).

        I would love to see a cheap V-8 powered RWD car but it ain't gonna happen. With the government mandating more and more safety systems and the obvious problem of inflation and other costs, that whole idea is dead.
        • 7 Years Ago
        The mini and the beetle are some of the cheapest cars on the road, what are you talking about?
          • 7 Years Ago
          On a small side note when you put in total cost of ownership over 4 years, the mini is hard to beat, 4 years of all service is free, 30mpg freeway, and killer resale value...

          The Beetle is a decent deal for what you get, Yes the Mazda 3 is a great deal, but is the interior the same quality?

          Civic, I agree with.
          • 7 Years Ago
          Beetle starts out at over $17k. The MINI starts at almost $19k...far from being the cheapest. And the prices can get pretty steep.

          For that money, you can buy a car that is fun to drive and can actually carry people (Civic, Mazda3...heck, even the Focus).
      • 7 Years Ago
      Wow, how exciting. It's been, what, 5 minutes since the last special edition Mustang?
      • 7 Years Ago
      "When the Mustang came out there were affordable, high performance, V8 versions available to the lower income bracket (IE: Even high school students) brand new.

      Does a model like that exist now...Or is it gone with the proverbial dodo?"

      Mustang GT 300hp V8 for 25grand
      • 7 Years Ago
      And don't forget...

      The average price of new cars today, and auto sales in general are propped up by easy credit. Hardly anyone pays cash for a car anymore, comparatively fewer people can afford to avoid that debt.

      And we are all seeing how well easy credit to those who can't afford it is going. Ask Bear Stearns how they now think about over-leveraging yourselves on debt.

      As the economy corrects that problem, businesses AND consumers are going to pay the price for over-leveraging themselves with debt on new cars and expensive houses, and spending more money than they have, at home, on wall street, and on capital hill.
      • 7 Years Ago
      I'm wondering if all these shelby mustangs will maintain their value in the future.
      In the old days, people bought the cars and drove them into the ground, so now when somebody wants a 40 year old shelby, they are hard to come by. The old supply and demand theory.
      Now that the new ones mostly sit in garages and aspire to be collector cars, in 20 to 30 years when somebody wants one, their will be plenty of them left to pick from.

      I'm a mustang guy, but i for one am dissappointed that the new shelby isn't what the 03/04 cobra was/is, a drivers car, that people aren't afraid to rack up the miles, and crank up the boost.
      • 7 Years Ago
      Since I have been proven "wrong" I suppose the proper thing to do would be to step back into the ring.

      Dear Mr. Rob,

      $11,515 MSRP buys you a KIA RIO.

      -Does that vehicle NOT have to meet American emissions standards?

      -Does that vehicle NOT have to meet American crash standards?

      Many,(arguably superior) vehicles have been prevented from even competing in our marketplace due to the inability to follow OUR rules and standards. The Porsche 959 and, up until fairly recently, the Lotus Elise are memorable examples.

      The Mustang has to play by some rules.

      It could even be said that a vehicle using (arguably) archaic technology in respect to competitors (PS: I'm not gonna even open the independent rear suspension can of worms) could reasonably be developed and produced for less money.

      Lest we forget; that until the 2005 model year the Mustang was using a platform designed in 1979 and GT engines were shared with several models (Crown Vic, Towncar, F-150, Cougar, T-Bird, Expedition, and Explorer).

      In addition, on the affordable/sales note...As MK mentioned there is a significant difference in credit and purchasing an automobile today versus 1964.

      -Of those 165,000 vehicles sold last year how many of these cars were repossessed?

      -How many of these ended up back in Autotrader with only 3k miles on them? We've all seen 'em.

      While these things happened in 1964 as well; logic would persist that a car that was more affordable would make it less likely.
      In addition, with the HUGE sales success (over 1 million cars within the first two years) the Mustang enjoyed in it's heyday those numbers would be minuscule in comparison.

      Back full circle. The Mustang DID NOT get those sales numbers PURELY based on it's good looks! All of those buyers knew a great deal when they saw one...Just like they'd know it today ;-)

      Lastly, on the minor old vs. new performance issue: ever heard of 1960's era bias ply tires? Those old V8 'stangs were plenty tough for their time.

      I've done enough floating and stinging for a week. I'm, personally, hanging up the gloves on this topic.

      Peace be with you.
      • 7 Years Ago
      To all the whiners, it is not another new one, it's just a continuation of a current special edition. No need for alarm.
        • 7 Years Ago
        Yeah but all the haters are to dumb to realize that
      • 7 Years Ago
      Imagine that... another Mustang entry on autoblog.com. Is that now 194 different mustang models available for the 2008 and 2009 model years?

      As someone who has owned two mustangs, enough already.
        • 7 Years Ago
        Wait a second Mike-you are the one here who has owned 2 Mustangs. So who's the trailer trash?
        • 7 Years Ago
        I had no idea that so many mobile homes in trailer parks from coast-to-coast had so many computers with Autoblog.com bookmarked.

        As all of these rednecks, punks and vanilla ice clones salivate over the newest special edition Mustang that they hope they can afford one day. Their current 1986 IROC Z28 does not have many miles left.
        • 7 Years Ago
        Then don't read it!

        Just scroll past it!

        Alot of people on here WANT to read articles about the Mustang because it is such an icon in automotive history. How many cars out there have had the staying power the Mustang has? Very few and despite the best efforts of competiton and haters it still remains a very player in the market.
      • 7 Years Ago
      It's about time Ford came out with a special edition Mustang...
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