Classic Recreations Shelby GT500CR - Click above for high-res image gallery

Yes friends, that Shelby. As in Carroll Shelby. And the racing, muscle car building legend has agreed to permit Classic Recreations to relaunch a continuation version of one of America's most iconic performance cars, the 1967-68 Shelby GT500 Mustang. Before we get too much further, allow us to remind you that Classic Recreations is the shop behind Eleanor, the car that prompted our own Jonathon Ramsey to comment, "Eleanor is the hottest piece of car we've spent a weekend with in quite some time." Trust us, that's high praise.

Details and exact specifications are, well, fuzzy for the time being. But rest easy, as Classic Recreations owner Jason Engal claims, It retains the most iconic Shelby elements everyone loves with modern performance and supercar level horsepower." As Eleanor puts out anywhere between 535 and 770 horsepower, you can expect the GT500CR to do at least that. Maybe more important to Shelby fans is that each car, "[W]ill leave the shop with an official Shelby serial number, badges and will be included in the official Shelby Worldwide Registry." This of course includes Carroll's all-important signature on the rocker panel. More when we know more.

Update: It's official. Release posted after the jump.

Related GalleryClassic Recreations Shelby GT500CR


PRESS RELEASE

Internationally recognized custom coachbuilder expands offerings to include officially licensed Shelby GT500CR continuation vehicles.

Yukon, Okla. (Nov 3, 2009) – Classic Recreations, a noted bespoke coachbuilder known for exotic Mustang supercars that have been shipped all over the globe, has been granted a license by Carroll Shelby Licensing Inc. to build an iconic continuation car based on classic 1967 and 1968 Mustangs: the Shelby GT500CR.

"I am humbled and honored by the opportunity to work with a legend like Carroll Shelby," said Classic Recreations owner Jason Engel. "We pride ourselves on building the finest coachbuilt muscle cars in the world, and I'm thrilled that this new opportunity will allow us to build some of the fastest and coolest supercars on the road today. Other shops build cars. We sit down with a client, listen to their fantasies, and then turn those into reality."

Every Shelby GT500CR will be built with authentic Shelby Performance parts and with input and oversight from Carroll Shelby Licensing and Shelby Automobiles technical staff. Each car built at the Classic Recreations facility will leave the shop with an official Shelby serial number, badges and will be included in the official Shelby Worldwide Registry. More details on the new model will be released shortly.

"We are still working out a few details, but I know Shelby fans will love the new car," Engel said. "It retains the most iconic Shelby elements everyone loves with modern performance and supercar level horsepower. Then add the panache of having a real Shelby GT500CR complete with a serial number and the man's name right on the rocker panel. For Mustang fans, you absolutely can't beat that."

Classic Recreations is the first custom car builder to receive an official license to build the new GT500CR model.