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If there's one thing you can count on, it's that the renewed rivalry between the Ford Mustang and Chevrolet Camaro will never, ever cease. For every version of Ford's pony car, there's an equally potent Chevrolet. And so with the debut of the Camaro Z/28 earlier this year, Ford has responded with a track-focused 'Stang of its own, resurrecting the Shelby GT350 name.

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First Mustang with Flat-Plane Crankshaft, MagneRide Dampers

Ford promises more than 500 horsepower and a torque peak above 400 lb-ft.

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Even as rumors swirl that the next-generation of high-performance Ford Mustang will drop the Shelby name, Ford has released a short video telling how the legend of the Shelby Mustang came to be. In its latest installment of its video series entitled Mustang Countdown, Ford dug up some footage from Carroll Shelby to give a little insight into how this automotive icon was created.

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With Shelby preparing to wind down production of its brutal GT350, a 624-horsepower Mustang that's meant to go up against the Roush Stage 3 in the world of tuned Ford ponycars, the Las Vegas-based tuner is looking to give back to one lucky customer. It'll auction off the very first GT350 ever produced, at the 2013 Barrett-Jackson auction in Las Vegas, a three-day event that runs from September 26 through September 28.

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One Autoblog staffer who drove the limited-edition Shelby GT350 wrote it probably was the best Mustang he'd driven, but, at some point, the fun had to come to an end: December 31 is the last day the GT350 will be available to order.

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Earlier this month, rumors started to swirl 'round the web about the next-generation Ford SVT Mustang – the halo version of the all-new 2015 'Stang seen testing in the gallery above. Originally, we heard that the Shelby GT500 moniker would be dumped in favor of "a name you're familiar with," which some sources guessed could mean a return of the Cobra nameplate.

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Shelby is a name as synonymous with the Ford Mustang as marshmallows are with campfires. But unlike the short-lived sugary confection that is prepared on a stick, the late Carroll Shelby's name on the placard means added performance and exclusivity. Launched in 1965, the automaker's celebrated early cars were in production for a limited run - today, a mint concours-quality 1965 Shelby GT350 can sell for upwards of $350,000.

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Carroll Shelby may have passed away last month, but that doesn't mean his company has stopped producing new vehicles. Today, Shelby American announced that it has updated the GT350 for 2013 with new options and an expanded range of color options. Customers can now choose from any of the Ford factory hues, meaning that everything from Gotta Have It Green to Candy Red can be applied to the GT350's exterior. The new colors can also be paired with new stripe colors – black, white or metallic b

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This year marks the 50th anniversary since Shelby first started adding his magic touch to vehicles, and to celebrate the occasion, his team has announced three new anniversary edition of the Mustang here in Detroit. Available on the GT500 Super Snake, GT350 and GTS, the package includes gold stripes matched with either black or white paint, custom interior, special wheels, unique VIN and more. A special delivery at the Shelby museum in Las Vegas also comes as part of the deal.

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2011 Shelby GT350 – Click above for high-res image gallery

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2011 Shelby GT350 – Click above for a high-res image gallery

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2011 Shelby GT350 - Click above for high-res image gallery

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First Production 1966 Shelby GT350 - Click above for high-res image gallery

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2011 Shelby GT350 at Barrett-Jackson – Click above for high-res image gallery

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2011 Shelby GT350 - Click above for a high-res image gallery

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Barrett-Jackson and Mustangs seem to go hand-in-hand, especially special edition Mustangs. We just told you about the one-off Roush BlackJack Mustang convertible that will be going across the block, and there was the pair of bitchin' OCC Eleanor GT500 E Mustangs that set Westworld rockin' in January, only to be topped by the pair of black Bosses a little while later. And who can forget the other Shelby specials that have brought outrageous amounts for the right to get car number one? The first G

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Reader Alan Guerzoni tipped us off about the recently-contested Modena Cento Ore Classic, a vintage road/track rally in which participants cover 1000km in four days across 10 timed special stages and 3 track stages.

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