Compared to the GT350's main rival, the Chevy Camaro Z/28, that's an increase of 21 hp, but a loss of 52 lb-ft. That said, this Mustang packs some serious prowess, especially in its most hardcore GT350R trim. It sounds pretty wicked, too. It's worth noting that both the standard GT350 and GT350R use the same engine, with the same output ratings.
It's also worth noting that this is a flat-plane-crank engine. It's the most powerful naturally aspirated engine Ford has ever made, with 102 hp per liter. Redline is 8,250 rpm. It's a lightweight engine, too – the 5.2-liter mill weighs less than Ford's own 5.0-liter Coyote V8.
Perhaps most impressive is the price point for the 2016 Shelby GT350. The standard car comes in at $47,870, while the GT350R will command $61,370 – a big drop over the Camaro Z/28 and it's $73,300 sticker price (including destination but not gas guzzler charges).
Ford confirmed the power output news at a media briefing today near its headquarters in Dearborn, MI. Stay tuned for more information as it becomes available.