Today Ford’s SVT (Special Vehicle Team) revealed the latest version of Shelby GT500 based on the 2011 Mustang GT, and it turns out to be a superbly cool car! Honestly there’s no better word to describe this amazing blend of style, heritage and performance. Not only it packs a massive punch under the bonnet, it has also been on a diet so it’s lighter than ever and features some very fancy technologies.

2011 Shelby GT500 is powered by a 5.4-liter supercharged all-aluminum block V8 which churns out 550 hp and 510 ft.-lb. of torque, 80 percent of which available between 1,750 and 6,250 rpm. Thanks to Ford’s new plasma-coating technology, this engine is 120 pounds lighter than the previous model and as a result of this lightness, the overall weight of the car is kept low, and as a result of that the new GT500 manages to average 23/15 mpg highway/city, which is astonishing for a car with this much power.

Both Coupe and Convertible models come with many upgrades in terms of chassis and suspension for the sake of better handling. They feature Electric Power Assist Steering (EPAS) and AdvanceTrac stability control as standard, a new optional SVT Performance Package is also available which according to Ford, gives you racetrack-ready driving dynamics!

The optional package also offers unique styling, lighter wheels, a higher rear axle ratio and stiffer springs, and it is available on both the convertible and coupe. Data show the 2011 coupe with the SVT Performance Package is 3.0 seconds faster per lap than the 2010 Shelby GT500 on a 2.3-mile test track.

The Shelby GT500 convertible model features enhanced structural rigidity, with lateral stiffness improved by 12 percent versus the 2010 model. The V-brace has been stiffened by adding gussets. The secondary crossmember also has been stiffened, while a front Z-brace has been added, connecting primary and secondary crossmembers. A-pillar stiffening foam has been added to increase rigidity.

Like the normal Mustangs, the Shelby models also have a lot of convenience features and luxury stuff like the optional glass roof, Standard HID (high-intensity discharge) headlamps, MyKey™ programmable vehicle key, Integrated spotter mirror, Fold-down rear headrests and …

“The SVT team continues to push the performance standards of the Shelby to even higher levels and better refinement,” said Jost Capito, director of global performance vehicles and motorsports business development. “All the changes we made reflect a desire for even better handling and outstanding driving dynamics – from weight savings to improved balance.”

Shelby has prepared a new tuning package for 2007-2008 Shelby GTs and 2005-2009 Ford Mustang GTs, and although it’s a rather complete program, they like to emphasize on the new turbocharger unit they’ve put in it which gives 550 hp. This package is also named GT550 Turbo. It is developed in collaboration with California based Turbonetics and costs $22,599, but boosts the pony’s performance significantly.

Further technical enhancements include: Short throw shifter, Shelby Pro-Plus 4 wheel brake system, Performance suspension with Caster/Camber Plates, Baer 6-Piston Extreme front and rear brake kit, Performance clutch, Eibach Pro-2 Coil-Over Shocks and Struts, Eibach Pro Sway Bar Kit and Eibach Pro Alignment Kit and Borla dual exhaust.

The car’s presence is also enhanced via Shelby GT-H Front Fascia and Shelby Rear Fascia, and Shelby Bar Grille and stripes and of course Specific 18” X 9” Chrome Aluminum Wheels with Goodyear Eagle F1 275/35/18 tires. As for the interior, the tuner offers Shelby Gauge Pod and Shelby Signature Gauges, Serialized dash and engine bay plaque, as well as a Certificate of Authenticity Shelby Functional, and Shelby Turbocharged Floor Mats as well as an 8-point roll cage.

Carroll Shelby should be proud of this. Ford released details of the most powerful factory Pony, 2010 Shelby GT500 before official debut at Detroit Motorshow this month. It will hit the showrooms in Spring. First things first, GT500 features a 5.4-liter DOHC V8 with supercharger and intercooler, great recepie, which develops 540 Horsepower and 510 ft-lbs. of torque. This is actually the pinnacle of what Ford’s SVT unit can achieve.

It comes with a six speed twin-disc proper manual gearbox which suits the car very well, because you do not want stupid paddle shifters in a muscle car with supercharged engine, that would ruin the whole experience. Ford says it has a refined suspension which unlike previous versions CAN live up to the performance it delivers, so the handling is expected to be as good as the way GT500 looks. Interior features a lot of upgrades as well. There are plenty of leather and alcantara as well as aluminum panels, and a very nice satellite entertainment system. I particularly like the chubby steering wheel.

Mustang Shelby GT 500 will be available in both Coupe and Convertible variants and either way this is one of the coolest cars money can buy next year. Just look at it! It is packed with passion and enthusiasm, the macho aggressive style, white stripes, a massive engine and a perfect interior with great sound system and a brilliant gear knob and of course Shelby name and Cobra batch on it! What else could you want from a car! This is one desirable car. I don’t care if it still corners like a dog or despite what they say about better fuel efficiency, it max 5 mpg or so, I like this car because it is enormous fun, it has heritage, and it is focused on one thing, Driving Pleasure!

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detailed details is press relese below!

• Ford’s Special Vehicle Team (SVT) delivers a more powerful 2010 Shelby GT500 increased to 540 horsepower, torque increased to 510 foot-pounds, downforce increased and drag reduced
• New gearbox enhancements, plus a standard 3.55:1 rear axle ratio, mean the 2010 Shelby GT500 will deliver improved acceleration performance, while providing better highway fuel efficiency
• Aggressive new exterior design features, new functional details, such as the hood extractor to remove heat from the engine and “Gurney Flap” spoiler to tune rear downforce; world-class materials and craftsmanship create the most unique GT500 interior yet
• 2010 Shelby GT500 will be in dealer showrooms in spring

The new 2010 Ford Shelby GT500 delivers the most power and refinement ever for a Ford SVT-tuned performance Mustang – and a few surprises, too.

“The 2010 Shelby GT500 demonstrates Ford’s continuing commitment to high-performance vehicles,” said Derrick Kuzak, Ford group vice president, Global Product Development. “In addition to the numerous performance and refinement improvements inside and out, the 2010 Shelby GT500 is an estimated 2 miles per gallon more fuel efficient on the highway.”

“We’re proud of the many enhancements that were developed jointly by the Ford and Shelby Automobiles team last year that we’ve now incorporated into the new 2010 Shelby GT500,” said Carroll Shelby, founder of Shelby Automobiles. “Building on what we learned to create the Shelby GT500KR, this new car offers a great combination of power, handling and braking. It is truly a special car that is a great deal of fun to drive.”

Ford’s Special Vehicle Team used the gains made on the 40th anniversary edition Shelby GT500KR “King of the Road” Mustangs as the performance starting point and built from there. The design team, with a nod to the original Shelby Cobras from the 1960s, takes those design cues even further with nuanced improvements in both the coupe and convertible, each of which boasts a more-refined interior.

“Working together on the KR, the Ford and Shelby teams developed new systems to continually improve the iconic Mustang,” stated Amy Boylan, president of Shelby Automobiles. “Those lessons learned are incorporated into the 2010 Shelby GT500. This approach will help maintain Mustang’s leadership position at the front of the pack and make the ownership experience even more enjoyable.”

“The muscle car segment is becoming even more competitive,” said Jamal Hameedi, chief nameplate engineer for SVT. “We need to uphold the Mustang badge with honor, the Shelby badge with honor and most importantly the Ford badge with honor. The 2010 GT500 is the car that will do all of that.”

More horsepower, more refinement, more functionality
The combination of added horsepower, refinement and functionality makes the 2010 Shelby GT500 a unique high-performance car. The 2010 Shelby GT500 delivers more horsepower and more torque than the outgoing model, thanks in part to advancements pioneered on the GT500KR.

The 2010 Shelby GT500 is powered by a supercharged and intercooled 5.4-liter dual overhead cam V-8 engine expected to produce 540 horsepower and 510 foot-pounds of torque. The redline is 6,250 rpm. The car’s aluminum power dome hood not only adds to the Shelby’s appearance, it helps cool the engine through a hood extractor.

The Shelby’s open-element air induction system features a conical air filter instead of a flat-panel closed system to reduce air restriction. This approach allows more air to be pumped through the engine, producing more power and increasing the engine’s efficiency.

A cold-air intake feeds the coolest air possible directly into the air box, helping further increase horsepower. The intake necessitated moving the Cobra snake badge to the other side of the grille to enable maximum airflow.

The twin-disc clutch on the six-speed manual transmission has been significantly upgraded, improving drivability and NVH. The discs on the 2010 Shelby GT500 are larger – 250 mm in diameter compared with 215 mm in diameter on the outgoing model – and made of copper and fiberglass to make them more robust.

A unique component of the twin-disc system is the control of the intermediate disc. Rather than floating, it instead has six straps that control the engagement of the clutch, improving drivability.

The 2010 Shelby GT500 offers customers improved straight-line acceleration, plus fuel savings when cruising on the highway in the top gears. Gears 1-4 remain the same, but fifth gear changes from .80 to .74 while sixth gear goes from .63 to .50, meaning that the 2010 Shelby GT500 will turn lower engine RPMs in those gears and deliver improved fuel efficiency. The new final drive ratio, from 3.31 to 3.55, enables the improved acceleration in lower gears while complementing the revised fifth and sixth gear ratios.

The Shelby’s distinct sounds will be apparent as always, though with new refinements, thanks to the work of the Noise, Vibration and Harshness (NVH) team. A patented resonator placed between the air filter and engine throttle body helps keep unwanted noise in check.

“You still hear the supercharger but not so that it’s intrusive,” said Kerry Baldori, chief functional engineer for SVT. “It’s the same with the exhaust. You want people to know you’re driving something special, but you don’t want an exhaust note that overpowers the whole interior.

“We spent a lot of time getting the right sound quality out of the exhaust so you get that nice, crisp Shelby sound outside and a pleasant sound inside the cabin. It’s a nice balance; one isn’t overpowering the other.”

Driving dynamics also are improved, thanks to SVT’s signature chassis tuning as well as new 19-inch Goodyear F1 Supercar tires and forged aluminum wheels on the 2010 Shelby GT500 coupe and 18s on the convertible.

Spring and dampers have been optimized for better roll control, giving customers more confidence when braking, accelerating or turning. The new chassis tuning takes its philosophy from the KR program, with a greater emphasis placed on primary body control.

The team also stiffened the steering shaft.

“All our changes were about making the car to respond as fast and as predictable as possible,” Hameedi said. “The 2010 Shelby GT500 conveys an athletic, confident feel. The shifter, clutch pedal, brake-pedal efforts and overall steering efforts are easier now. We wanted to make sure we had a nice, crisp short-throw shifter that was easy to go from gear to gear.”

The Goodyear F1 Supercar 19-inch tires have been upgraded, too. SVT members developed a “recipe” for the attributes and characteristics they wanted in the tire, which Goodyear’s team of engineers, designers and manufacturers brought to life. The result is better grip, better handling and better NVH properties, leading to a better customer experience.

The wheels themselves complement the high-performance nature of the 2010 Shelby GT500. The 19-inch wheels are forged aluminum wheels milled on both sides. The extra machining process creates “blade” spokes with very thin, yet strong, cross-sections. The spokes have a specific curve from the rim to the hub, not only for strength, but also to accentuate the offset and width of the tires.

The 2010 Shelby GT500 features AdvanceTrac, Ford’s stability control system with several options for performance. The default “on” mode accommodates every-day driving, and a Sport mode delivers for those wanting to put the Shelby GT500 through its paces on the track. The system also can be turned completely off, although the anti-lock brake system and other active safety systems remain in place. Standard safety equipment includes: dual stage front air bags, side-impact air bags and Ford’s Personal Safety System.

Numerous aerodynamic upgrades, including a redesigned splitter, were made to the front end of the 2010 Shelby GT500.

“We worked hard to get as much downforce with as little drag as possible,” Baldori said. “We worked to seal off the air that comes in the front so it can’t go underneath the car. We spent a lot time sealing components such as the radiator and intercoolor to get rid of all the leak paths.

“The result of this evolution of aerodynamics is we’ve increased downforce, reduced drag and improved the overall efficiency of the 2010 Shelby GT500.”

Directing the air so it’s used most efficiently was a painstaking process that ultimately will be rewarding to customers. The design of the front fascia and the car’s “flush” hood helps focus air flow. The top grille focuses air into the radiator, with a rubber flap inside the engine compartment helping to seal the system. The lower grille helps cool the intercooler. SVT engineers also went as far to block off specific diamonds in the front of the 2010 Shelby GT500’s distinctive grille to help maintain the correct cooling and aerodynamic balance.

A meaner, reskinned snake ready to take to the streets
The 2010 Shelby GT500 is the most-robust design and most-distinctive model of the new 2010 Mustang lineup. “The design we chose was a ‘flush’ hood where the fascia defines the entire front of the vehicle,” Hameedi said. “That’s very hard to execute from an engineering standpoint, but it really sets the Shelby off as very, very different from the base Mustang.”

“This epitomizes the ultimate Mustang,” added George Saridakis, Exterior Design manager of the Mustang and Shelby GT500. “It’s all about power and expressing power.”

Saridakis said his team took a cue from the Shelby AC Cobra 427 with respect to the front grilles, which are gaping and appear ready to swallow the road.

Another obvious difference for the Shelby is the addition of racing stripes, which also will now be available on the convertible. “Racing stripes made their mark on 1960s-era Ford performance vehicles,” Hameedi notes. “That’s something we feel is a key part of the Shelby performance DNA – maybe more so than some of our competition.”

Rounding out the Shelby’s exterior modifications are the unique signature coiled Cobra badges on the front grille and front fenders, a more aggressive front splitter and lower-drag rear spoiler, which added to improved aerodynamic features, round out the exterior modifications. “We wanted the spoiler raked back aggressively to minimize drag, but we also have an integrated Gurney Flap that provides the downforce,” Saridakis said.

What’s inside counts with the 2010 Shelby GT500
The base 2010 Mustang received a powerful new interior design. For the GT500, the interior design team members challenged themselves to raise the bar even higher to create the ultimate Shelby Mustang interior.

Using genuine materials such as real leather in all seats, real aluminum on the instrument panel and Alcantara inserts on the seats and steering wheel gave the appearance a precisely crafted, jewel-like yet functional feel. “You’ll definitely know you’re in a Shelby,” said Douglas Gaffka, Chief Designer, Shelby GT500.

The genuine aluminum finish panels have a unique-to-GT500 three-dimensional dimpled texture pattern inspired by racing clutch plates, braided hoses and cross-drilled racing brake rotors. The pattern has been painstakingly tuned to compensate for the compound curvature of the instrument panels. In addition, the “GT500” logo has been discretely engraved into the aluminum in front of the passenger as a nod to classic Shelby Mustangs of the 1960s.

This unique aluminum finish panel is fully encapsulated by an exquisite soft seamless TPO (Thermoplastic Olefin) instrument panel with a shape that resonates with Mustang’s powerful heritage. The center stack flows into the console and features a sub-flush shifter trim ring, flush cup holder door and lockable console stowage featuring the word “SHELBY” engraved in its Satin Liquid Chrome release button.

All 2010 Mustangs and Shelbys feature bright 360-degree rings surrounding the gauge cluster, uninterrupted by the steering column. These rings will come in chrome for the Mustang and a Satin Liquid Chrome finish for the GT500. This finish is featured throughout the interior. An intricate cobra is etched into the center of the aluminum steering wheel badge. The Shelby Cobra appears at startup on the navigation screen, and the familiar red “SVT” logo utilizes new ambient lighting to illuminate the door scuffplate.

“When customers drive this car, they’re not only going to be impressed by the performance and the Shelby heritage, but they’re going to see all these carefully designed details and know they’ve bought a well-crafted car,” Saridakis said.

Even the classic white shift knob – an icon of Shelby Mustang DNA from years past – received special attention. First, it had to be the traditional white. It also had to be specific to the Shelby. The answer was to combine the racing-stripes theme with the traditional “H” pattern found on shifters to create a one-of-a-kind knob. Like the exterior, the racing stripes wrap from end to end, encircling the knob.

Wide suite of standard features on the 2010 Shelby GT500
The 2010 Shelby GT500 includes several Ford innovations and industry-exclusive standard features, including:

• SYNC: The voice-activated hands-free in-car communication and entertainment system developed by Ford and Microsoft. The system fully integrates most Bluetooth-enabled mobile phones and digital media players, providing customers hands-free cell phone and music selection capabilities – plus new 911 Assist and Vehicle Health Report provided with no monthly fees.
• 911 Assist: When a phone is properly paired, turned on and connected to SYNC, the system is ready to assist in placing a call directly to a local 911 emergency operator in the event of an air bag-deploying accident. The key advantage of SYNC 911 Assist is speed, as calls are placed directly to local 911 operators.
• Vehicle Health Report (VHR): SYNC gathers relevant information from the major vehicle control modules and packages diagnostic data into a usable format in a matter of minutes. That data packet is sent to Ford via an 800-number automatically dialed using the customer’s paired and operable mobile phone.
• Ambient Lighting System with MyColor™ allows drivers to customize the interior lighting of the vehicle to suit their mood. The enhanced MyColor system features seven base colors – ice blue, purple, blue, orange, red, white and green. Customers also can create 125 custom colors by mixing the red-green-blue palette.

Available options:

• Voice-Activated Navigation with SIRIUS Travel Link™ is an industry-leading technology that will provide users with a unique, information-rich in-car experience. The suite of data services includes up-to-the-minute real-time traffic data with accident and incident information for 78 markets, coast-to-coast weather data including current conditions and five-day forecasts and fuel price information for more than 120,000 gas stations. SIRIUS Travel Link also offers sports scores and schedules and a listing of more than 4,500 movie theaters with movie times, theater addresses, movie synopses and more.

This combination of outstanding performance coupled with a fresh, exciting, well-crafted interior intensely focused on improving the entire experience will make the 2010 Shelby GT500 even more sought after, and a fitting addition to a long and proud history.

The 2010 Shelby GT500 will be in dealer showrooms in spring. The cars will be built at the Auto Alliance International Plant in Flat Rock, Mich.