Ford has revealed the all new 2016 Shelby GT350 Mustang which features a new suspension, 'Stang' bodywork, new chassis, new fuel economy and an engine delivering more than 500 horsepower powered by a 5.2-liter V8 engine with 400 pound feet of torque.
The all new unveiling of the Ford Mustang on Monday comes after Chevrolet debuted the all new Camaro Z/28.
According to Ford, the all new Shelby GT350 Mustang doesn't have supercharging or turbocharging like the T500 but it does have one of the most powerful engines.
The all new Ford Shelby GT350 is meant for the street and the racetrack, Ford Executive Vice President Jim Farley stated during the introduction to media.
The street-legal car introduced in 1965, the Shelby Mustang, is the high performance version of the Ford Mustang family.