Shelby American has whipped the wraps off the GT500 CODE RED, a limited-production model boasting up to 956 kW and 1 356 Nm of torque when running on E85 ethanol. (Fuelled with 93 octane, the V8 produces 735 kW and 1 058 Nm.)


As first for the US-based company, the GT500 CODE RED was developed from an experimental car. “Shelby American has built cutting-edge experimental versions of the Shelby GT500 since the model was launched in 1967,” said Joe Conway, CEO of Shelby American. “While these testbeds for innovation never became production cars at the time, they helped make our vehicles better. 

“CODE RED is designed to be the pinnacle of Shelby Mustangs”

“For the first time in our 60-year history, we’re turning an experimental car into a limited-edition vehicle. The enormous demand for a CODE RED edition is an opportunity to demonstrate our capabilities, as well as the enormous potential of Ford Motor Company’s marvellous Shelby GT500 as a dedicated straight-line performer.”

For this GT500, Nelson’s Racing Engines has re-engineered the 5.4-litre power unit. Shelby has also ditched the supercharger, replacing it with a duo of turbochargers. The suspension set-up, braking system, and cooling have been upgraded.

“CODE RED is designed to be the pinnacle of Shelby Mustangs,” said Gary Patterson, president of Shelby American. “Though we did not initially intend to offer a formal edition, demand was so strong that we elected to build a very small number of them.” Only 10 examples will be available.