Shelby unveils 2011 GT350 Mustang

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Coinciding with the 45th anniversary of the original 1965 Shelby GT350, Shelby American unveiled an all new GT350 Mustang at the opening night gala of the Barrett-Jackson auction in Scottsdale, AZ. Presented in concept form, the new GT350 features a supercharged version of the brand new 5.0-liter V8 engine in the 2011 Mustang as well as performance upgrades from Ford Racing, Borla, Cragar, Baer and more.

Unlike the GT500, the GT350 will be a post-title upgrade available from Shelby. Customers can have their 2011 Mustangs shipped directly to Shelby's Las Vegas facility to be converted or they can deliver the car themselves. Once in the hands of Shelby, each Mustang is fitted with a Ford Racing supercharger good for approximately 500 horsepower, a Ford Racing suspension system, Baer brakes front and rear, Borla exhaust system, Cragar wheels, and more. For the exterior, Shelby fits a new front fascia, front splitter, functional hood scoop tail light trim, rear deck lid filler panel and a rear fascia with center exhaust exit. White with Guardsman Blue racing stripes will be the only available color combination, which isn't such a bad thing.

Of course, all of that comes at a price. Shelby lists the GT350's MSRP at $33,995, which doesn't sound that bad until you realize it doesn't include the base car. With the 2011 Mustang GT coming in at just over $30,000, the total price of the GT350 will actually exceed that of the GT500. Does something similar to the Shelby GT built the last few years make more sense? Perhaps, but we're sure Shelby will find quite a few buyers anyway.

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