Filed under: Car Buying, Coupes, Ford
Ford Mustang GT500KR priced at $79,995

Click above for a high-res gallery from our First Drive of the GT500KR.
Ford will be producing 1,000 GT500KR Mustangs this year, with another 700 in 2009, so FoMoCo is pricing the ultimate 'Stang accordingly. For $79,995 (including destination and gas-guzzler tax), you get everything included in the "standard" GT500, plus Ford Racing's Power Upgrade Package, which includes a new exhaust and a recalibrated ECU to push out 540 hp and 510 lb.-ft. of torque from the supercharged 5.4-liter V8. The only options on the ordering form are a Shaker 1000 stereo, Sirius satellite radio and a navigation system. Ford hasn't disclosed fuel economy numbers yet, but we doubt anyone willing to drop $80k on a blown V8 is troubled by topping off their own KR with $4.00-a-gallon premium. Get your orders in now; sales begin later this month.
Don't forget to check out Part 1 and Part 2 of our First Drive: 2008 Shelby GT500KR if you haven't already, as well as the galleries below that contain a number of high-res images begging to be your next desktop wallpaper.
Hit the jump for the full press release and a video of Mr. Shelby talking up the GT500KR and its history.
Gallery: First Drive: 2008 Shelby GT500KR
PRESS RELEASE
FORD SHELBY GT500KR: WORLD-CLASS PERFORMANCE FROM THE MOST POWERFUL PRODUCTION MUSTANG EVER
The 2008 Ford Shelby GT500KR is the new "King of the Road" – the most powerful production Mustang ever produced, thanks to a 540-hp supercharged 5.4-liter V-8 with 510 lb.-ft. of torque.
- The 2008 Ford Shelby GT500KR is the new "King of the Road" – the most powerful production Mustang ever produced, thanks to a 540-hp supercharged 5.4-liter V-8 with 510 lb.-ft. of torque.
- New GT500KR blends performance engineering expertise of Ford SVT, trackside learnings from Ford Racing Technology and ingenuity of Shelby Automobiles to deliver world-class handling and performance. The Ford Shelby GT500KR arrives at select Ford dealerships in late May.
Long live the King! The 2008 Ford Shelby GT500KR, "King of the Road" assumes the throne, taking its rightful place as the ultimate American muscle car.
The GT500KR builds on the already impressive stats of the Shelby GT500, with 40 more horsepower, an additional 30 foot-pounds of torque and an array of chassis, aero and weight-reduction measures to offer world-class performance. Engineered by Ford SVT with final assembly by Shelby Automobiles, it blends track learnings from the Ford Racing Mustang FR500C and the ingenuity of Carroll Shelby to deliver the ultimate in Mustang performance.
"Every new Shelby Mustang renews my energy and passion for performance," said Carroll Shelby, founder of Shelby Automobiles. "I'm just as excited about the 2008 KR as I was when I developed the first one. The team has done a great job with this car. It is this is truly the best Shelby Mustang we've ever built...so far."
The Shelby GT500KR is the latest in a royal lineage that spans more than 40 years, beginning with the 1965 Shelby GT350 and including the original 1968 Shelby GT500KR that provided the inspiration. Carroll Shelby has played an active role in the development of every one.
"When the names Mustang and Shelby come together, the results are never anything less than amazing," said Robert Parker, Ford Car Marketing manager. "Mustang has earned an endearing place in America's hearts, topping the sports car segment for 22 straight years. The GT500KR is sure to get those hearts pumping even faster."
Delivering the Ultimate in Mustang Performance
Just like its 1968 namesake, the 2008 Shelby GT500KR builds on the strong foundation of the Shelby GT500. Ford and Shelby designers collaborated to channel the classic KR design cues and finesse them into the iconic lines of the new Mustang. Most noticeable are the modern interpretation of the distinctive, sculpted KR hood and classic Le Mans-style striping.
The development team spent countless hours designing a car that pays homage to the 1968 "King of the Road," but this thoroughbred is more than just a pretty face. The GT500KR is inspired by Ford Racing's experience on the race track and finessed with the trademark SVT engineering and Shelby Automobiles' proven delivery of balanced performance production for the street. Its chassis incorporates unique suspension components developed especially for the KR.
The suspension's stiffness has been enhanced with wheel rates 17 percent higher in the front and 7 percent higher in the rear. Every other element of the chassis system – such as sway bars and shock absorbers – has been tuned especially to improve King of the Road's handling.
The new suspension was tuned to work with the Goodyear high-performance, P255/45Z18 front and P285/40ZR18 rear tires, developed specifically for the KR, with a compound that is exclusive to North America. The stickier tires help the short 3.73:1 rear gear (compared to the GT500's 3.31:1 rear gear) send maximum horsepower to the road and are an important component in the overall handling balance.
"The KR is much more than just a great straight-line performer. It's the complete package − handling, power and performance," said Jamal Hameedi, chief program engineer at Ford SVT. "The team put the GT500KR through rigorous testing and have witnessed slalom runs with sustained lateral acceleration of 1.0g on the skidpad. Those are world-class numbers."
The GT500KR doesn't just go better, it stops better. The new tires work with a recalibrated anti-lock braking system (ABS) that results in improved stopping distances 6 feet shorter from 60 to 0 than the stock GT500. The ABS system has been tuned to be unobtrusive during spirited driving. Similar honing was undertaken with the vehicle's traction-control system to optimize acceleration
The GT500KR's impeccable balance of handling and performance is the result of a holistic approach to the development, looking at the total vehicle with chassis and powertrain engineers working together to optimize all vehicle attributes.
For example, a new front splitter and revised rear spoiler aid in aerodynamic improvements, adding downforce over the front axle and moving the center of aero pressure forward in the vehicle to improve high-speed balance and stable, predictable braking character. The ride height has been lowered to the optimum setting for on-the-limit handling, lowering the front by 20 mm and the rear by 15 mm.
"The KR is more responsive and has more body control," said Gary Davis, vice president of production for Shelby Automobiles. "It delivers even more racing feel than a stock GT500. Yet it's still extremely comfortable and doesn't beat you up like some performance cars. We've been able to increase handling substantially without giving up a lot in ride comfort."
GT500KR 5.4-liter V-8 Receives the Royal Treatment
The 2008 "King of the Road" packs a walloping dose of Ford performance under a sculpted carbon fiber hood. The Ford SVT-engineered 5.4-liter supercharged V-8 is enhanced with a series of Ford Racing-inspired upgrades that boosts horsepower to an estimated 540 and torque to 510 lb.-ft.
The added power is delivered courtesy of a revised ignition and throttle calibration and a cold air intake system that replaces the stock unit.
The unique carbon fiber hood, secured by a pair of stainless steel, twist-down hood pins, serves to relieve high-speed underhood pressure, move air from the front intake and engine compartment to the rear extractors and channel supplemental fresh air into the new cold air intake that feeds KR's massive V-8.
The Shelby GT500KR cold air intake seal was designed with the new hood to prevent hot engine compartment air from reaching the air intake. This channels ambient air to feed the supercharged intake for optimal combustion efficiency for horsepower and torque.
Calibration modifications include advancing the ignition timing as well as re-mapping the electronic throttle settings to provide quicker throttle response for better off-line and mid-range acceleration. Increased throttle response is met with a sharper roar from the Ford Racing-inspired exhaust system.
"Throttle response has been dramatically improved," said Hameedi. "The KR launches with authority and provides power on demand – throughout the entire power band."
Power is delivered to the rear wheels through a Tremec TR6060 six-speed manual transmission. Gear selection is courtesy of an all-new Ford Racing short-throw shifter. Topped with a white ball, the new shifter throws are 25 percent shorter than the unit on the GT500 providing for crisper, quicker shifts.
Inspired by Ford Racing Mustang FR500C motorsport experience, the Shelby GT500KR has been fitted with an elevated axle vent reservoir to prevent axle fluid expulsion during sustained periods of performance driving or track-day use.
A Legend in the Making
Each Shelby GT500KR begins life as a GT500, built at AutoAlliance International Inc., in Flat Rock, Mich. From there, the cars are shipped to Shelby Automobile's facility in Las Vegas.
"We are so proud of the Ford and Shelby teams coming together and working tirelessly for the last year to bring you the Ford Shelby GT500KRs with the specially engineered chassis, powertrain and exhaust components along with the unique carbon-fiber hood and the new short-throw shifter," said Amy Boylan, president of Shelby Automobiles, Inc. "Every GT500KR will be hand customized and delivered to each customer in an enclosed transporter, just like the Ford GT."
Each 2008 GT500KR model is identified by a special 40th Anniversary badge on the fenders and grille, distinctive body colored mirror caps and Shelby lettering stretching across the front of the hood and along the rear portion of the deck lid. A special Shelby Automobiles, Inc., Vehicle Identification Number (VIN) tag is affixed inside each vehicle's engine compartment.
Each new GT500KR also will be entered into the official Shelby Registry.
The all-leather interior features Carroll Shelby signature embroidered headrests and an official Shelby CSM 40th Anniversary GT500KR dash plate mounted at the top of the center stack.
Other standard equipment includes HID headlamps, an interior ambient lighting package, wrapped and stitched instrument panel, center console and armrests, as well as an electrochromic rearview mirror. Optional equipment includes a Shaker 1000 audio system, DVD navigation system and SIRIUS satellite radio.
The 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. The public will get its first taste of the GT500KR in late May, when selected dealers will offer the latest Shelby Mustang in a limited edition of 1,000 units for 2008. The manufacturer's suggested retail price of the Mustang GT500KR is $79,995, including destination and delivery charges.

Reader Comments (Page 1 of 4)
rouse42 2:03PM (5/01/2008)
what sort of markup is this thing gonna have?
its still a mustang.
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MKIV 3:08PM (5/01/2008)
80k for this pile... That's comedy.
race1foru 4:01PM (5/01/2008)
They will sell every single one for $20k over sticker. There are that many Mustang enthusiasts and collectors who have been dying for something this high profile and collectable. They will pay whatever it takes to be the only one at a car show with this car.
George 9:11PM (5/01/2008)
Does Carroll Shelby need some kind of expensive surgury or something? I hardly think that a $40K premium for bolt on parts is worth it.
Forget about exclusivity as he seems to be sticking his name to everything these days. Kind of the opposite of exclusive.
xphilter 2:03PM (5/01/2008)
I wonder if the potential owners of this car actually know there are other manufactuers out there...80k for a mustang?
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Benfolio 2:06PM (5/01/2008)
You guys used the wrong pic :,(
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rouse42 2:06PM (5/01/2008)
oh yeah and a solid rear axle.. HAHAHAH
cool for burnouts and drifting.
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noreasony 2:06PM (5/01/2008)
i agree...i wish ford would just build a corvette type car to fill the gap between the stang and oblivion....i personally like mustangs...but yeah...they need to chill with the uber priced mustangs....
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psarhjinian 2:37PM (5/01/2008)
That would have been the Ford GT. Good car--no, scratch that, great car--but it didn't really get the kind of love it deserved.
BMWsRock 2:06PM (5/01/2008)
What's the ring lap time for this car? Is it really worth it for the price? Someone could get the GTR for 10K less or the new M3...
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geo.stewart 2:28PM (5/01/2008)
stole my comment. I love the mustang for what it is but it aint a competitor to the M3 or GTR...
info 9:12AM (5/02/2008)
Ford with it's horse buggy rear suspension wouln't have a chance to even get close to the GTR on the ring. $80,000 for a yestertech Mustang? They are insane.
Frylock350 3:33PM (5/01/2008)
The Ford's live axle makes it ideal for a drag strip and make no mistake a drag strip is the track most Mustang fans are interested in.
Properly tuned this car will eat any tuned GT-R or M3 you throw at it in a 1/4 race.
blogged to death 3:57PM (5/01/2008)
Most road racers prefer the old solid rear axle setup too - when the Cobra switched over to IRS a lot of racers couldn't tune it the way they liked so a lot of them retrofitted the solid rear axle.
But $80k for a souped up Mustang? Imagine the power and performance you can get by just buying a standard GT and spending only $10k to get that leve of performance and refinement.
Josh 6:17PM (5/01/2008)
right as the GT-R posts a 7:29 and beats some more porsches....
I don't have this kind of money to throw into a car, but really? 80k for something that doesn't look any different than a normal gt500 which doesnt look much different than a normal stang? At least the GT-R looks different than any 25k nissan...
Benfolio 2:07PM (5/01/2008)
BTW aren't the HID headlights an option? I see the blue car did not have them.
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That One Person 1:45AM (5/02/2008)
New option for 08. They actually help the look of the Mustang in a way.
But I am still scratching my head over this one. Close to $40k over a standard GT500? How? I could get a GT500 and slap all those parts on it and save myself $35k.
I love the Mustang and Ford but WTF!? Sad thing is, all of them will be sold.
There are other cars on the market that are better. But the same can be said for those cars. I guess if people buy them, more power to Ford.
Also, seeing as Mustangs have done well in races, I am sure this thing can handle a track pretty well. It's just when you hit potholes things get interesting.
jay 2:07PM (5/01/2008)
80k, that's nuts. I'd take an M3 or RS4 and keep the change.
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Johnny 2:07PM (5/01/2008)
This isnt a bad car its just not very high tech. Its a Mustang and the corporate 5.4 engines with a big supercharger. I dont mind this car at all and I would not mind owning it but not for 80K.
I think closer to 60K would be more reasonable.
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Albert 2:10PM (5/01/2008)
60,000 is more like it. Im not even comparing it to any other car on the planet. Im just looking at it stand alone and it should be 60K at most.