Enthusiasts are buzzing with anticipation as whispers of a new Ford Shelby Mustang GT500 for the 2026 model year begin to circulate. Fueled by a leaked United Auto Workers (UAW) memo and corroborated by sources close to the project, the news suggests Ford is gearing up to unleash another high-performance beast onto the streets. The memo, initially brought to light by the Mustang7G forum, indicates that Ford’s Dearborn Engine Plant is expanding its operations to accommodate production for this exciting new model, hinting at a powerful engine codenamed “Legend” destined for the GT500.
The UAW Local 600 memo detailed the addition of approximately 300 employees at the Dearborn Engine Plant through transfers and new hires. This expansion is not solely for the increased production of engines for the Bronco Sport SUV and Maverick pickup; a significant portion is dedicated to establishing a new shift on the Niche Assembly line by the end of the year. This added shift is specifically for the engine production destined for the 2026 Mustang Shelby GT500, confirming the arrival of this highly anticipated model. While Ford spokesman Mike Levine officially declined to comment on future product speculation, the leaked memo and insider confirmation lend significant credence to the rumors of a new Gt500 Shelby on the horizon.
The previous generation GT500, launched as a 2020 model, set a high bar for performance. It boasted a supercharged 5.2-liter V8 engine delivering a staggering 760 horsepower. This powerhouse established the GT500 as a dominant force in the muscle car arena. The market for pre-owned models remains strong, with 2020-2022 Ford Shelby GT500s currently priced between $70,000 and $117,000 according to Edmunds.com, reflecting the enduring appeal and desirability of this high-performance Mustang.
The anticipation surrounding the “Legend” engine is immense. While details remain scarce, the name itself suggests Ford is aiming to create an engine that will be remembered as iconic. Whether this “Legend” engine will surpass the previous GT500’s supercharged V8 in power or introduce new performance technologies remains to be seen. However, the prospect of a new Shelby GT500 with a potentially revolutionary engine firmly places it as a must-watch for automotive enthusiasts and collectors alike. As we approach the 2026 model year, more details about the Ford Shelby GT500 and its “Legend” engine are eagerly awaited, promising a thrilling new chapter in the Mustang Shelby legacy.
