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Shelby GT350 Set to Replace GT500

We'll be happy as long as it keeps that supercharged V8.

Fact: the Ford Shelby Mustang GT500 will soon disappear from the showroom floor. With the arrival of the all-new 2015 Mustang, changes to the higher performance version are expected, but Ford has so far kept mum on what exactly those changes will be. Previous rumors have hinted at a new Mach 1, but what we can confirm today is that the GT500 will be replaced with the GT350.

In September we saw a spy video showing a GT350 development mule testing on the open road. And now thanks to a user on the SVT Performance.com forum, we have our first definitive proof of the GT350’s existence. This user was scrolling through a 2015 Ford promotional website and, low and behold, the Shelby GT350 name was listed. Shelby American offers a GT350 upgrade package for the outgoing model, but production of that kit will soon end. Power for the new Ford-built Shelby GT350 should come from the 5.0-liter V8, but we won’t know for sure until its official debut, which could happen this March at the New York Motor Show.

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