1965 Shelby Cobra Factory Five Replica on 2040-cars

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2013 Shelby GT350

Shelby is a name as synonymous with the Ford Mustang as marshmallows are with campfires. But unlike the short-lived sugary confection that is prepared on a stick, the late Carroll Shelby's name on the placard means added performance and exclusivity. Launched in 1965, the automaker's celebrated early cars were in production for a limited run - today, a mint concours-quality 1965 Shelby GT350 can sell for upwards of $350,000.
To coincide with the 45th anniversary of the original Shelby GT350, Shelby American reintroduced the GT350 in 2011. Like the original, it was only offered in white with blue stripes. Customers were offered a choice between naturally aspirated (440 horsepower) and two levels of supercharging (525 horsepower with a warranty or 624 horsepower without). The manufacturer calls the GT350 a "post-title" package, a term that means it starts out life as a stock Mustang and is modified outside Ford's factory (this is in contrast to the Shelby GT500, which is a standard Ford production car).
As the GT350 enters its third year, Shelby has made several changes. Mechanically, Wilwood brakes replace Baer units and Recaro seats and a tinted glass roof are on the options list. Cosmetically, the vehicle is now offered in most of the Blue Oval's factory colors, new multispoke wheels are available in Satin Black or Bright Silver Metallic finish, and customers can choose between Satin Black, Silver or Gloss White stripes (or Azure Blue Metallic on Performance White or Ingot Silver). Aesthetically, the look of the car has also changed somewhat - keen eyes will note that it actually appears more 'stock' than it did last year.

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.

Classic Recreations Shelby GT350CR

If you've got an itch for a classic Mustang Fastback, you may want to give Classic Recreations a call. The Oklahoma-based company, which has made a name for itself building award-winning muscle cars licensed by Shelby, recently handed me the keys to its latest creation - a prototype 1966 Shelby GT350CR (serial number SCR350-00P) with a nitrous-injected 427-cubic-inch small-block Ford Racing engine sending power to its rear wheels through a Tremec five-speed manual gearbox. Yeah, it's the sort of machinery that whets my appetite.
As you might suspect by looking at the company's name, the team starts with a standard stock 1966 Mustang Fastback and then tears it down to the chassis in preparation for a full rebuild into what they call a Shelby GT350CR. This particular restoration includes the fitment of the aforementioned 7.0-liter V8 with BBK Long Tube ceramic-coated headers, Magnaflow mufflers, coil-over suspension and rack-and-pinion power steering. Stopping power is provided by Wilwood brakes, in the form of four-piston calipers over ventilated and cross-drilled iron rotors, and the mechanical upgrades are finished off with four brightly polished 18-inch aluminum wheels wrapped in BF Goodrich g-Force T/A tires (245/45ZR18 front and 275/35ZR18 rear).
Inside the passenger compartment, occupants are treated to Carroll Shelby Scat Rally Series 1000 seats, five-point Camlock belts, three-spoke aluminum woodgrain steering wheel with tilt column, a full complement of gauges and full carpeting. An Old Air Products air conditioning system blows ice-cold breezes, and a powerful audio system with external amp and subwoofer ensure a sweet background track to the V8's wild bellow.