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Shelby GT500 laps N"urburgring in under 7:40?

A couple of weeks ago we brought you footage and official times of the new Chevy Camaro Z/28 lapping the Nürburgring. With a 7:37.47 lap time, the Z/28 emerged as the fastest muscle car ever to lap the circuit. But what was missing from that picture was how fast the king of all Mustangs, the Shelby GT500, could manage to lap the Nordschleife.
Ford never released any information or footage of the GT500 on the Nürburgring that we were aware of - that is, until the guys at SVTPerformance.com put in a request for Mustang videos. Among the clips they received was never-seen, in-car footage of the Shelby GT500 lapping the circuit. And boy did it hustle.
Although not quite official, the video seems to show the GT500 lapped the venerated German track in a touch under 7:40. That would make it a tick or two faster than the Camaro ZL1 - but what of the Z/28? By Chevy's quoted time, the Z/28 is still faster than the GT500, but SVTPerformance suggests GM may have fudged the numbers a bit and scrubbed half a second or so off their lap time.

Mustang GT350 reveal coming Nov 17?

Ford looks to have something really big planned for the 2014 Los Angeles Auto Show. The Blue Oval has released the first of five teaser videos on the brand's performance heritage, and aside from some great images of racers over the years, the video includes a series of teaser images, the last of which points to November 17, 2014.
That's the day before press days open in LA, and considering the propensity of global automakers to plan lavish debuts the night before a major international auto show, it's a virtual certainty that Ford will be showing off some sort of special vehicle.
That'd be news in and of itself, but based on the images shown in Ford's teaser video - which include an Alcantara steering wheel, a "Powered by Ford" valve cover, aluminum pedals, sticky tires, a big, round exhaust tip, a honeycomb grille and a serious set of wheels - it seems very likely that Ford will be showing something performance oriented.

More evidence GT500-replacement will be named GT350

During the recent unveiling of the 2015 Ford Mustang, we saw the car in both V6 and GT form, but we'll have to wait a little bit longer to see the successor to the Shelby GT500. In the meantime, though, it looks like SVTPerformance.com has confirmed reports that this high-performance model will bring the Shelby GT350 name back to Ford.
According to the forum post, a user found the Shelby GT350 name on a Ford promo website listing its 2015 lineup. The Shelby GT350 name was first used on a Mustang back in 1965, and most recently it has been a model created for customers as a post-title purchase by Shelby American. As for that car, Shelby confirmed earlier in the year that its GT350 would be phased out at the end of this month.
The million-dollar question for Mustang and Shelby enthusiasts is when we'll see next factory Shelby GT350. Last we heard it was planned for a debut at the New York Auto Show. We've included our previous spy shots of this hi-po, sixth-gen Mustang, and we've also captured it on spy video showing off its exhaust note.