2024 Shelby GT500 Code Red

If the garden-variety Ford Mustang Shelby GT500 isn't enough for you, fear not. Shelby American now offers the Code Red package which should shred even the stoutest of tires with a ludicrous 1,300 horsepower.

The Code Red heavily reworks the GT500's drivetrain, eschewing the original supercharger for twin turbos instead. Naturally, there's a full kit of headers and exhaust to manage the two Xona 7869S snails, too. The engine itself gets a rebuild, too, including Manley pistons and rods, ARP studs, and a new E85-ready fuel system.

The result is a V8 engine good for 1000 horsepower and 780 lb-ft of torque when running on 93 octane pump gas. Fill the Code Red up with E85, though, and those figures leap up to 1300 horsepower and 1000 lb-ft of torque respectively. Be sure to thank your local corn grower as you roar by in a cloud of tire smoke.

Far from a simple power package, though, the Code Red comes with a comprehensive widebody kit to beef up the look. There's also a carbon-fiber hood, splitter, wing, and diffuser, along with a set of 20" Shelby forged aluminum wheels. Handling mods include an adjustable ride-height spring kit, Ford Performance sway bars, and caster/camber plates to help dial everything in just so.

If you're looking for a one-stop shop to build you a bonkers Mustang, it would be hard to go past Shelby. The company has been building high-performance Mustangs forever, and its creations rarely disappoint when it comes to style or performance.

Just 30 examples of the Code Red will be built, ten each for the 2020 through 2022 model years of the current GT500 model. Pricing starts at $209,995, not including the car itself, so be sure to allow for that if you don't already have a GT500 sitting in the driveway.

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Shelby American is pushing the Mustang GT500 into hypercar territory with the “Code Red”, a GT500 conversion package that delivers a massive 1,300 hp (1,318 PS).

Only 30 Code Reds will be built by modifying 10 GT500s from each of the 2020-22 production years with a comprehensive body, chassis and drivetrain upgrade kit that will set you back $209,995 – and that doesn’t include the cost of the donor.

The inspiration for the project, plus its Code Red name, comes from a 2008 experimental one-off GT500 whose 5.4-liter V8 had its superchargers replaced with a twin-turbo setup. That’s the same route Shelby has taken with the latest GT500’s 5.2-liter mill, and the resulting powertrain makes over 1,000 hp (1,014 PS) and 780 lb-ft (1,058 Nm) on 93 octane pump gas, and up to 1,300 hp (1,318 PS) and 1,000 lb-ft (1,356 Nm) on E85 Ethanol.

The Fathouse Performance twin-turbo kit includes Kona dual ball bearing turbos, stainless steel headers and 3-inch (76 mm) downpipes, while the engine itself gains custom Manley pistons and rods, ARP studs and heavy duty timing chains, upgraded injectors and a MoTec engine management system to ensure its capable of doing those blowers justice.

Related: The Ford Mustang Shelby GT500 Needs 1,000 HP To Outpace A Porsche 911 Turbo S

2024 Shelby GT500 Code Red

To make sure the GT500 has the right visual punch to match its accelerative abilities Shelby supplies a carbon fiber hood, carbon splitter, carbon rear diffuser and a carbon wing sitting above Shelby’s widebody fender package. And to keep everything on the pavement there’s a fully adjustable suspension setup including height adjustable springs, retuned MagneRide dampers and forged aluminium Shelby wheels. Inside, owners get new leather seat upholstery, a CSM numbered dash plate, embroidered floor mats, plus a rear roll cage in place of the rear seat. Cars built around 2022-model year GT500s also feature Shelby 60th Anniversary badges.

It sounds like an absolute monster, but before you get too excited about the idea of blowing away supercars at your local stoplight, you ought to know that Shelby is selling the Code Red for off-highway use only, and the upgrades obviously void all manufacturer warranties. Plus Shelby retains all the parts it takes off donor GT500s in the conversion process, though it will return the optional carbon wheels to customers at their own expense.

Would you spend supercar money on the Code Red GT500 or would you rather have a less powerful GT500 you could actually use on the street?

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What might a Ford Mustang be like if its performance were dialed up to hypercar levels?

Shelby American has the answer in the form of its new Code Red upgrade for the Ford Mustang Shelby GT500.

The upgrade is priced from a steep $209,995, and that doesn't include the cost of the donor Shelby GT500, but what you get is one of the most extreme Mustangs on the planet.

2024 Shelby GT500 Code Red

2020-2022 Ford Mustang Shelby GT500 Code Red

2024 Shelby GT500 Code Red

2020-2022 Ford Mustang Shelby GT500 Code Red

The car is the spiritual successor to Shelby's previous Code Red based on the fifth-generation Mustang Shelby GT500, which was revealed in 2008 and developed in partnership with Nelson Racing. However, the high cost of the car and the global financial crisis at the time meant production never happened.

This time 30 cars are planned—10 each for the 2020, 2021, and 2022 model years of the sixth-generation Mustang Shelby GT500. Instead of Nelson Racing, Shelby teamed up with Fathouse Performance to extract a hypercar-worthy 1,300 hp and 1,000 lb-ft of torque from the Shelby GT500's supercharged 5.2-liter V-8. Those lofty figures are on E85. Switch to regular pump gas and you're still looking at an impressive 1,000 hp and 780 lb-ft of torque.

The key upgrade is a twin-turbocharger setup, along with upgraded versions the fuel system, engine management system, cooling, and intake and exhaust. The twin turbos come from Fathouse Performance, which also supplied the intake manifold, intercooler, throttle body adapter, and an ice tank with reservoir.

2024 Shelby GT500 Code Red

2020-2022 Ford Mustang Shelby GT500 Code Red

2024 Shelby GT500 Code Red

2020-2022 Ford Mustang Shelby GT500 Code Red

2024 Shelby GT500 Code Red

2020-2022 Ford Mustang Shelby GT500 Code Red

But the upgrades go well beyond the powertrain. The car also wears Shelby's wide-body kit for the sixth-generation Mustang, as well as new 20-inch wheels, a carbon-fiber hood and front splitter, a rear diffuser, and a large rear wing. New half-shafts and height-adjustable springs are also added. The donor car's standard magnetic ride suspension is also recalibrated, according to Shelby. The tires measure 305/30 up front and a massive 345/30 at the rear.

The interior wasn't left untouched. The front seats are lined in Shelby's own leather trim, while the rear seats are removed and replaced with a harness bar. There's also a plaque on the dash stating the build number.

The upgrade is installed at Shelby American's headquarters in Las Vegas, and the company states that the first builds are already in progress. Each build will be entered in the official Shelby Registry.

What is a Shelby GT500 Code Red?

The new Shelby GT500 Code Red is the latest upgrade package available to add to the already powerful Ford Mustang GT500. Available for the US market, the Code Red package adds to the GT500's powerful powertrain and allows the entire package to deliver 1,000 HP with normal fuel and 1,300 HP with E85 racing fuel.

How much is a Shelby GT500 Code Red?

As you'd expect of a 'Stang with this level of performance, the Shelby GT500 Code Red isn't affordable. Priced from $209,995 excluding the Shelby GT500 on which it's based, the land missile from Shelby American is obviously sold out.

How many GT500 Code Red are there?

In addition to the completely updated powertrain setup, each CODE RED Mustang receives suspension, cooling and aesthetic upgrades. The production run will be limited to 10 GT500s from each of the 2020-2022 production year, 30 units total.

How much HP does the Code Red have?

Shelby American announced a limited production run of a 1300-horsepower variant of the Ford Mustang GT500, named the GT500 Code Red. Shelby will build 30 total examples of the Code Red, 10 for each of the 2020 through 2022 model years.