New Ford Shelby GT500 Officially Pushing 500 Horsepower

The auto industry's best performance car value? No doubt Ford dealers would like to hang a similar moniker around its new Shelby GT500's rearview mirror when pricing is finally announced, but boosting horsepower over the magical 500 mark will definitely make up for any increases over the previous SVT Mustang Cobra's sub-$50K range. Initially, the Shelby GT500, soon to be available in coupe and convertible