2021 Ford Mustang Shelby GT500

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2021 Ford Mustang Shelby GT500 Review: This Pony's On Steroids

If there's one thing US car-buyers love, it's image, and the 2021 Ford Mustang Shelby GT500 presents an appealing and high-status package. The GT500 name first gained legendary status back in the 1960s and has returned in the 21st century packing a massive performance punch. This is one special sixth-generation Mustang, mainly thanks to what's under that bulging hood. Powering the 2-door muscle car is a 5.2-liter supercharged V8 with a massive 760 horsepower and 625 lb-ft of torque. This thing looks good, drives great, and packs all the tech you'd expect from a premium Ford product. The 2021 Shelby GT500 coupe goes up against capable competitors such as the Chevrolet Camaro ZL1 and even European contenders like the BMW M8 Gran Coupe.

Read in this review:

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2021 Ford Mustang Shelby GT500 Changes: ๐Ÿš™Whatโ€™s the difference vs 2020 Mustang Shelby GT500?

As before, the Shelby GT500 coupe uses the frontal styling and headlights of the pre-facelift 2018 Mustangs, as Ford's structure-stiffening carbon-composite front subframe used on the Shelby GT500 would have had to be entirely re-engineered at a high cost to work with the new front end. Ford's Carbon Fiber Handling Package is also available for 2021 at $10,000, adding aero pieces and carbon-fiber wheels, among other items. It's basically a partial Carbon Fiber Track Package at almost half the money. Also, three of 2020's paint colors have been discontinued, namely Magnetic, Kona Blue, and Grabber Lime. In their place are three new colors: Carbonized Gray, Antimatter Blue, and Grabber Yellow.

Pros and Cons

  • Tons of power
  • Impressive handling
  • Slick transmission
  • Cool options
  • Decent trunk size
  • It's pricey
  • And thirsty
  • Unrefined interior materials

Best Deals on 2021 Ford Mustang Shelby GT500

2021 Ford Mustang Shelby GT500 Trims and Prices

See trim levels and configurations:

Trim Engine Transmission Drivetrain Price (MSRP)
Shelby GT500
5.2L Supercharged V8 Gas
7-Speed Automatic
Rear-Wheel Drive

Mustang Shelby GT500 Exterior

2021 Ford Mustang Shelby GT500 Front View Ford
2021 Ford Mustang Shelby GT500 Rear View Driving Ford
2021 Ford Mustang Shelby GT500 Front View Driving Ford
See All 2021 Ford Mustang Shelby GT500 Exterior Photos


  • Length 188.9 in
  • Wheelbase 107.1 in
  • Height 54.2 in
  • Max Width 75.9 in
  • Front Width 63.3 in
  • Rear Width 63.7 in
  • Curb Weight 4,183.0 lbs

Exterior Colors

  • Rapid Red Metallic Tinted Clearcoat +$395
  • Twister Orange Tri-Coat +$495
  • Grabber Yellow
  • Velocity Blue Metallic
  • Ford Performance Blue Metallic
  • Antimatter Blue Metallic
  • Iconic Silver Metallic
  • Carbonized Gray Metallic
  • Race Red
  • Oxford White
  • Shadow Black

Mustang Shelby GT500 Performance

2021 Ford Mustang Shelby GT500 Burnout Ford
2021 Ford Mustang Shelby GT500 Engine Ford
2021 Ford Mustang Shelby GT500 Wheel Ford

Engine and Transmission

The focus point of the 2021 Ford Mustang Shelby GT500 isn't its muscular exterior styling or its sporty interior; it's what lies underneath that hood. Ford decided to go with the 5.2-liter "Predator" V8 gas engine. This supercharged monstrosity churns out 760 hp and 625 lb-ft of torque, which it sends to the rear-wheel drivetrain via a 7-speed dual-clutch automatic transmission. The result is massive performance. The 0-60 mph sprint takes 3.3 seconds, and the top speed is pegged at 180 mph.

  • Engine
    5.2L Supercharged V8 Gas
  • Transmission
    7-Speed Automatic
  • Drivetrain

Mustang Shelby GT500 Gas Mileage

  • Fuel Tank Capacity
    16.0 Gallons
  • Fuel Economy
    City/Hwy: 12/18 mpg
* 2021 Ford Mustang Shelby GT500 Fastback

Mustang Shelby GT500 Interior

2021 Ford Mustang Shelby GT500 Dashboard Ford
2021 Ford Mustang Shelby GT500 Driver Seat Ford
2021 Ford Mustang Shelby GT500 Seat Details Ford
See All 2021 Ford Mustang Shelby GT500 Interior Photos

Seating and Interior Space

  • Seating capacity
  • Front Leg Room 44.5 in
  • Front Head Room 37.6 in
  • Rear Leg Room 29.0 in
  • Rear Head Room 34.8 in

Mustang Shelby GT500 Trunk and Cargo Space

2021 Ford Mustang Shelby GT500 Rear Angle View Ford
2021 Ford Mustang Shelby GT500 Rear Spoiler Ford
2021 Ford Mustang Shelby GT500 Top View Ford
  • Trunk Volume
    13.5 ft³

Mustang Shelby GT500 Safety and Reliability


  • Basic:
    3 Years \ 36,000 Miles
  • Drivetrain:
    5 Years \ 60,000 Miles
  • Corrosion:
    5 Years \ Unlimited Miles
  • Roadside Assistance:
    5 Years \ 60,000 Miles

US NHTSA Crash Test Result

  • Overall Rating
  • Frontal Barrier Crash Rating
  • Side Crash Rating
  • Rollover Rating

Verdict: ๐ŸIs the 2021 Ford Mustang Shelby GT500 a good car?

The 2021 GT500 will surely go down in the history books as one of the most capable Ford performance vehicles ever built. This steroid-addicted Pony car might not be as clever as some of its European counterparts, and its lack of most modern driving-assistance systems is worrying, but you'll soon forget about your wellbeing once you roll onto a track with this thing. The power delivery is sublime, and the Shelby GT500 can hold its own around the bends. Sure the interior shows some signs of cheap materials, and you'll spend a fortune on gas every week with its terrible fuel economy, but this Ford offers good reliability and a solid safety rating. And, at the end of the day, the pros massively outweigh those small niggles. The price of the 2021 Ford Mustang Shelby coupe is hefty, especially when you start adding optional carbon-fiber packages and other go-faster bits, but we think it's totally worth it, considering the fact that you'll be buying one of the best Mustangs ever built.

๐Ÿš—What Ford Mustang Shelby GT500 Model Should I Buy?

There's only one model on offer this year, but we'd suggest you review the 2021 Ford Mustang Shelby GT500's extensive list of options, as you can easily build your perfect muscle car with a little bit of customization. If we were doing the buying, we'd get one in Antimatter Blue with an Ebony racing stripe down the middle. The only other package worth getting is the $18,500 Carbon Fiber Track Package, which adds features like 20-inch carbon-fiber wheels wrapped in Michelin Pilot cup sport 2 Tires, adjustable strut top mounts, an exposed carbon-fiber instrument panel, removed rear seats, front Recaro bucket seats, splitter wickers, and a wheel locking kit.

Ford Mustang Shelby GT500 Popular Comparisons

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