The Shelby GT500 has always represented the pinnacle of Mustang performance, but Shelby American takes it to an entirely new level with the GT500 Code Red. This limited-edition beast, inspired by a 2008 experimental build, is engineered for those who demand the ultimate in power and exclusivity. But with such extreme capabilities comes a significant question: what is the Shelby GT500 price for this unparalleled performance machine?
The Code Red is not merely an upgrade; it’s a transformation. For years, Shelby’s “EXP” cars have been legendary experiments pushing the boundaries of automotive engineering. From the Green Hornet to Little Red, these experimental vehicles tested groundbreaking technologies. In 2008, the first Code Red explored twin-turbocharging a GT500, revealing the immense potential but also the challenges of such a radical build. Now, the experimental has become reality, albeit in a highly limited run.
Shelby American is producing only 30 units of the GT500 Code Red, with just ten from each of the 2020-2022 GT500 model years being eligible for the conversion. This exclusivity immediately signals that the Shelby GT500 price will reflect its rarity and the extensive modifications involved. Unlike typical upgrades, the Code Red represents a complete reimagining of the GT500.
The heart of the Code Red is a hand-built, twin-turbocharged 5.2L V8 engine. This powerhouse is a far cry from the standard GT500, boasting completely new high-performance components. Shelby collaborated with top partners to ensure robustness and reliability alongside staggering power figures. On 93 octane pump gas, the Code Red unleashes over 1,000 horsepower and 780 lb-ft of torque. For those seeking the absolute limit, running on E85 ethanol pushes the engine to an astounding 1,300 horsepower and 1,000 lb-ft of torque. This level of performance places the Code Red in hypercar territory, redefining what’s possible in a Mustang.
Beyond the engine, the Shelby GT500 Code Red receives comprehensive upgrades throughout the vehicle. A widebody package, new wheels and tires, axles, and suspension tuning are all part of the transformation. The interior is enhanced, and unique badges and a carbon fiber hood further distinguish the Code Red. Even the cooling system is upgraded to manage the immense heat generated by the twin-turbo setup. Every detail is meticulously addressed to handle the extreme power and deliver a cohesive, high-performance driving experience.
So, what is the Shelby GT500 price for this extraordinary package? The Manufacturer’s Suggested Retail Price (MSRP) for the Code Red package starts at a substantial $224,995. It’s crucial to note that this price does not include the base Shelby GT500 car. Owners must already possess a 2020-2022 GT500 to send to Shelby American for the Code Red transformation. This means the total investment for a GT500 Code Red easily exceeds $300,000 when factoring in the cost of the base vehicle.
This price positions the Shelby GT500 Code Red in a very exclusive market segment. It’s not just a Mustang; it’s a limited-edition, hand-built hyper-Mustang designed for ultimate performance and collectibility. For discerning enthusiasts who demand the absolute best and value extreme performance and rarity, the Shelby GT500 price may well be justified. Production is underway in Las Vegas, and current Shelby GT500 owners are invited to contact Shelby American to explore transforming their cars into a Code Red. The Shelby GT500 Code Red is more than just a car; it’s a statement, a testament to pushing boundaries, and a rare opportunity to own a piece of automotive history.
