Launching next spring, the 2008 Ford Shelby GT500KR model features a 5.4-liter supercharged V-8 with a Ford Racing Power Upgrade Pack that boosts engine output to an estimated 540 horsepower.

Produced in a limited edition of 1,000 units, the Shelby GT500KR coupe comes with a custom carbon composite hood with scoops and stainless steel twist-down hood pins, a lower front air dam with chrome-trimmed functional brake ducts and large 14-inch Brembo front brakes. The suspension has been modified with an emphasis on race-inspired handling.

Drawing inspiration from the classic 1968 KR model, the Shelby GT500KR also features 40th Anniversary exterior badging, unique striping and a distinctive interior with Carroll Shelby-signature embroidered seats and a 40th Anniversary numbered dash plaque.

Ford Mustang Shelby GT500KR, 1 of 18Ford Mustang Shelby GT500KR, 2 of 18Ford Mustang Shelby GT500KR, 3 of 18Ford Mustang Shelby GT500KR, 4 of 18Ford Mustang Shelby GT500KR, 5 of 18Ford Mustang Shelby GT500KR, 6 of 18Ford Mustang Shelby GT500KR, 7 of 18Ford Mustang Shelby GT500KR, 8 of 18