The Mustang’s most famous and most powerful version always comes in final years of a production cycle. In order to make it more exclusive, the company always offers this model for the last couple of years. This generation won’t be an exception. Considering that the current generation is on the market for more than four years, it seems quite likely to see 2024 Ford Mustang Shelby GT500 in the next year. According to some reports, the new version is already in the advanced stage of development. There are even several spy shot of a camouflaged Mustang claimed to be the new GT500, though their authenticity hasn’t been confirmed yet.

Pros

  • Stupendous amount of power
  • Excellent handling
  • Famous nameplate

Cons

  • High price tag
  • Not so practical

Exterior

It’s not hard to make a conclusion that the 2024 Ford Mustang Shelby GT500 will come with lots of upgrades. However, it is hard to guess how far will Ford go in this case, considering that already the GT350 features some serious, track-ready performances. So, we won’t speculate too much about mechanics, though it seems clear that further suspension and brakes upgrades are certain. In the visual aspect, we have big expectations as well. Once again, we will see the famous Cobra badge, as well as distinctive details like a new hood with aid intakes, redesigned bumpers, carbon fiber wheels, and rear spoiler etc.

Interior

This aspect of the 2024 Ford Mustang Shelby GT500 is still a big mystery. Of course, we will see a familiar layout, but we can’t say for sure how many distinctive details will be there. The recently introduced GT350 has already been almost entirely stripped off and it is a real track-ready machine. On the other side, we are closer to believe that the 2020 Ford Mustang Shelby GT500 will be a more comfort-friendly vehicle, despite even more power and better overall performances.

Engine

The engine will be the most distinctive version of the 2024 Ford Mustang Shelby GT500 by far. It seems pretty certain that the new model will come with a new 5.2-liter V8 engine, but it is still unknown how powerful it will be. According to the latest reports, a max output will definitely go over 700 horsepower. Some reports even go that far, claiming that the 2024 Ford Mustang Shelby GT500 will be good for 770 hp and 743 lb-ft of torque. This would mean the most powerful Ford ever. For comparison, the most powerful muscle car at the moment is the Dodge Challenger SRT Hellcat with 707 horsepower and its drag-oriented version called Demon, which is good for about 840 hp. When it comes to transmission, we expect to see a new 7-speed dual-clutch transmission borrowed from the GT supercar, as well as an optional manual gearbox.

2020 Ford Mustang Shelby GT500 Release Date and Price

The 2024 Ford Mustang Shelby GT500 will most likely have its premiere in January, at the Detroit Auto Show. When it comes to the price, it is very hard to make some more precise predictions at the moment. Still, we are pretty sure that the new version will cost a lot, probably more than $80,000.