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Next Shelby Mustang to wear GT350 nameplate

Earlier this month, rumors started to swirl 'round the web about the next-generation Ford SVT Mustang - the halo version of the all-new 2015 'Stang seen testing in the gallery above. Originally, we heard that the Shelby GT500 moniker would be dumped in favor of "a name you're familiar with," which some sources guessed could mean a return of the Cobra nameplate.
That might not be correct. According to Road & Track, citing a report from Mustangs Daily, the new range-topping Mustang will bring back the Shelby GT350 name - currently used on an aftermarket version of Ford's Pony produced by Shelby American (take a look at our recent Quick Spin of that car). Expect the new GT350 to be quite a bit different than the current GT500 - it will be all motor, using a V8 that's derived from the naturally aspirated 5.0-liter Coyote engine (though it will no doubt have a higher displacement). The GT350 will be a lot more powerful than the next Mustang GT, which is expected to offer something like 450 horsepower, but won't be quite as absurd as the 662-horsepower GT500 we currently enjoy.
The Shelby GT350 will reportedly bow with the rest of the new Mustang range at the 2014 New York Auto Show, which coincides exactly with the original Mustang's debut at the New York World's Fair in 1964. If that seems far out, don't worry, we'll be seeing the rest of the 2015 Mustang range before then, but Road & Track reports that the 2014 Detroit Auto Show stage will be reserved for the reveal of the next Ford F-150 pickup.

1967 Shelby G.T.500CR hides a Coyote beneath its hood

Classic Recreations, a custom coachbuilder based in Oklahoma, debuted its Coyote-powered 1967 Shelby G.T.500CR at the SEMA show this week. Like the company's previous releases, the bright red, silver striped coupe offers classic Ford Mustang styling with today's reliable mechanicals. "If you like the graceful drivability of a modern G.T.500, but prefer the classic Mustang styling, this is the car for you," said company owner, Jason Engel. "Classic Recreations combines modern technology with classic styling to create a best-of-both worlds experience. Now, customers can get a CR car with the same engine offered by Ford for the current Mustang."
The G.T.500CR is powered by a 5.0-liter V8 Ford Racing Coyote crate engine that is rated at 490 horsepower and 429 pound-feet of torque. A Tremec five-speed manual gearbox sends power to the rear wheels, where it can quickly liquidate the sticky high-performance tires. Other goodies include front and rear coilover suspension, rack-and-pinion steering, 17x9.5-inch chrome alloy wheels and a pair of Carroll Shelby signature rally series 1000 seats.
If the 490 horsepower doesn't hold your attention, Classic Recreations also offers a G.T.500CR 900 model packing a mind-blowing 780 horsepower courtesy of an F1-R intercooled ProCharger supercharged engine. In addition to chassis and suspension upgrades to handle the additional thrust, the 900 models get 17x11-inch rear tires to lay wider stripes on the pavement. All Classic Recreations receive an official Shelby serial number, badges and earn a spot in the official Shelby Worldwide Registry.

Shelby American cleans house of 14 concept cars

Typically when an automaker rolls out a concept car or pre-production prototype, it does its tour and then disappears into the company's archives. Maybe it will be displayed for the public to see in the company's own museum or maybe it will spend most of its time under covers in a warehouse somewhere, but every once in a while, an automaker will open up its history and start selling off its concept cars. For Shelby American, "once in a while" has just rolled around.
The House that Carroll Built is moving from its previous headquarters at Las Vegas Motor Speedway to a new facility off of the Las Vegas strip, and in the process is liquidating fourteen of the rarest cars in its collection. That presents a tremendous opportunity for muscle car collectors to bring one or more of these snakes home.
As you might expect, the catalog is composed mostly of Mustangs, but not exclusively. There's a pair of 289 Cobras: the last of the 50th anniversary slab-sided continuation cars and an original development vehicle, offered at $200,000 apiece. At the other end of the spectrum you'll find the 2013 Shelby Raptor concept for $125k and Focus concept for $50k. And of course there are the Mustangs.