Autoblog

Our initial drive of the Shelby GT500KR on public roads revealed that Ford, SVT and Shelby had addressed many of the issues that we had with the standard GT500. The KR's revised suspension is better balanced and more capable of handling the excessive amounts of horsepower and torque that the blown 5.4L generates, and a new short-throw Hurst shifter makes changing gears a joy instead of a chore. To top it all off, a Ford Racing cold air intake, new exhaust system, and 3.73 gears give the KR an extra kick in the pants. The changes were so spot-on that we wondered why Ford didn't build the GT500 this way in the first place.

With a ride like the GT500KR, however, only so much of the car can be experienced on public roads. At 540 horsepower and 510 lb-ft torque, the KR quickly reaches posted speed limits and the car stays well under its limits around corners. Fortunately, Ford let us loose to run hot laps around Miller Motorsports Park. Follow the jump to see how the "King of the Road" fared at the track.

Gallery: First Drive: 2008 Shelby GT500KR Part 2

Click here to read First Drive: 2008 Shelby GT500KR, Part 1.

Click above for a high resolution gallery of the 2008 Shelby GT500KR

I have to admit, the Shelby GT500 was somewhat of a letdown. I have no complaints about the 500 horsepower or the muscular lines, but at nearly 4,000 pounds, it's got a serious weight problem. The iron block, 5.4-liter V8 and the addition of a supercharger puts much the weight in the worst possible place -- the front -- so the GT500 feels unmotivated around the corners compared to a regular Mustang GT. Other complaints include a suspension that doesn't seem up to snuff to handle the prodigious power, as well as a vague and rubbery shifter. Despite its shortcomings, the GT500 is one of the world's best performance bargains. Never before has such a powerful car been available for so little cash (although the Ford dealers did a pretty good job of ruining its value with markups). Still, one couldn't help but think that the GT500 could have been better.

Gallery: First Drive: 2008 Shelby GT500KR

Check out First Drive: 2008 Shelby GT500KR, Part 2 by clicking here.