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The Cobra's vinyl top was original

The Cobra's vinyl top was original.

First Drive

Driving the $250,000 reincarnation of Shelby’s GT40-powered Mustang

Driving the reincarnation of Shelby's GT40-powered Mustang.

Spy Shots

It's likely the new 10-speed automatic found in the F-150 Raptor

The Ford Shelby GT500 is coming soon, and its 700 horsepower V8 should give the Dodge Challenger SRT Hellcat and Chevy Camaro ZL1 a run for their money. Details beyond a vague horsepower rating remain scarce, but we do have a few batches of spy photos to pull from. Thanks to our trusty spy photographers, we now have a short video of a prototype with a mean idle and shifts from a automatic transmission.

Spy Shots

We get a look at the car's interior

The hottest factory Ford Mustang ever is coming soon. The Shelby GT500 has had both official teasers and a few sets of spy shots, but today we get a look at the car's interior and a short drive-by video. The big news here is that the 700-plus horsepower V8 will be mated to a manual transmission, good news for those looking for an alternative to the manual transmission in the Dodge Challenger SRT Hellcat.

Spy Shots

The car will have more than 700 horsepower

We know the Ford Shelby GT500 is coming. We don't have many details, but the unexpected teaser we got back in January did say the car will have more than 700 horsepower. It seems the Dodge Challenger Hellcat and Chevy Camaro ZL1 have some competition on the way. Everything we've seen until now has been veiled, but this new batch of spy photos gives us our best look yet at the hottest Ford Mustang.

Auctions

Includes the first Shelby Series 1 and Chrysler prototypes like this 1980s Ram

Fans of Carroll Shelby will want to make their way to Greenwich, Conn., this June, because Bonhams will be selling a great many cars from the man's personal collection. And many of them are the first of their kind, marking important milestones in Shelby's career.

Video

Eight Ford Performance vehicles on one track.

You even get to watch an F-150 Raptor tackle a corner.

Rumormill

This is a 700-plus horsepower Ford Mustang

The Dodge Challenger Hellcat better watch its back.

Official

Track-focused conversion for the 2015 Mustang GT500 and later.

A road-coarse-focused conversion for the 2015 Mustang GT500 and later.

Podcast

We also debate the Colorado ZR2 and Toyota Tacoma TRD Pro, and discuss Nissan ProPilot.

And, of course, we spend your money.

Quick Spin

This one is loaded with Ford Performance parts.

Still a screamer.

Video

More power and suspension upgrades, but it comes with a stiff price tag.

The package carries a high price.

Official

More capable, but also more expensive

There are a number of upgrades to the suspension, too.

Motorsports

36 units of the iconic racing Mustang, with some improvements.

The iconic racing Mustang, with some improvements.

Official

Both are powered by 750-horsepower supercharged V8s.

Only 150 F-150s will be built this year.

Featured Video

Ford unveils ready-to-race Mustang GT4 at SEMA 2016.

Rumormill

If Ford can't sell the Focus RS500 in the US out of fear of hurting the Mustang, than it might not build the 390-hp hatchback at all.

Official

If you can live without the Shelby image, you can save a lot of money.

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