NEW YORK – April 21, 2011 – Fulfilling the desire of Ford Shelby GT fans worldwide, executives with Shelby American Inc., a wholly owned subsidiary of Carroll Shelby International Inc. (CSBI:PK) introduced today the new Shelby GTS post-title package for the 2011-2012 Ford Mustang at the New York International Auto Show. Available with a either a V6 or V8, normally aspirated or supercharged, the Shelby GTS is the spiritual rebirth of the popular 2007-2008 Ford Shelby GT.

“The Ford Shelby GT was introduced in 2007 as an agile, reliable and affordable muscle car,” said John Luft, president of Shelby American Inc. “It dominated its SCCA racing class and was a popular canvas for enthusiasts to create their dream Shelby. Our Shelby GTS picks up that mantle and expands upon it with a choice of V6 or V8 power for a new generation of Shelby enthusiast who wants a car built just for them.” Read More!

OFFICIAL PRESS RELEASE

NEW SVT PERFORMANCE PACKAGE READIES
2011 FORD SHELBY GT500 FOR THE TRACK

• An optional SVT Performance Package highlights the new 2011 Ford Shelby GT500®, available on both coupe and convertible models, making it racetrack ready

• The optional package features the all-new next-generation Goodyear Eagle® F1 SuperCar G: 2 tires only available on the 2011 Shelby GT500, offering incredible dry traction and
precise handling, complete with a race-inspired ultra-high-performance tread compound

• All-new lightweight 19-inch forged-aluminum wheels in the front complement all-new tires, with new 20-inch forged-aluminum wheels at the rear

OFFICIAL PRESS RELEASE

2011 FORD SHELBY GT500 GOES LIGHTWEIGHT WITH ALUMINUM ENGINE, OFFERS ULTIMATE IN HANDLING

• With 550 horsepower and 510 ft.-lb. of torque, Ford’s Special Vehicle Team (SVT) delivers the new Shelby GT500® with a 10 horsepower increase; an all-new 5.4-liter all-aluminum engine is 102 pounds lighter than the previous cast-iron engine and uses Ford-patented plasma-coating technology

• For 2011, Shelby GT500 offers EPA-projected improved fuel economy in city and highway from 2010, eliminating the gas guzzler tax

• The addition of Electric Power Assist Steering (EPAS), a new optional SVT Performance Package, enhanced convertible rigidity and a lowered ride height contribute to improved driving dynamics and handling

On Monday Ford will announce details of the 2011 Shelby GT500 . The car’s official debut is scheduled at the Chicago Auto Show on Wednesday, but Ford’s webcast site has already “leaked” the car on a short video clip which is no longer available. However some screen captures of the video are available and they are revealing the 2011 SVT Performance Package Mustang.

In addition to this, an order guide of this spectacular muscle car was published online. Some new items of the 2011 Shelby GT500 are a completely aluminum block for the 5.4-liter V8, a glass roof, 19×9.5-inch front and 20×10-inch rear forged aluminum wheels, as well as 3:73 rear end (instead of the car’s standard 3:55). An extra 10 “horses” will be added to the GT500 and the total power will be 550-hp.

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In recent months, rumors have been rampant that the next generation of Ford’s Shelby GT500 Mustang would dump the existing 5.4-liter supercharged V8 in favor of a twin-turbo version of the new 5.0-liter Coyote V8 that debuts this spring. Unfortunately, in spite of earlier reports confirming the development, it appears that such an engine will not be installed in the GT500 any time soon. Mike Harrison, Ford’s chief engineer for the 5.0-liter and 6.2-liter V8 engines  made it clear that the mooted engine is not part of the program for the Blue Oval bomber.