Carroll Shelby, meet Brett Favre. Brett Favre, meet Carroll Shelby. Something tells us that no matter how much Shelby wants to believe he’s going to retire and stop building complete cars, it’ll be a while until we see the last of him and his awesome creations.

The newest to hit the rumor mill is Shelby’s idea of a new generation GT500 sporting a twin-turbo setup and pushing out over 1000-hp. And it won’t come cheap, at a proposed price of $100,000. At the heart of it all will be Shelby’s in-house developed 5.4L V8 paired to a six-speed transmission.

Packing over 1,000-hp normally means this vehicle will be setup to be used on the track more so than the street. So beefy brakes from Shelby/Baer (sporting six-piston calipers) and a 10-point roll cage would just be the bare necessities. Ford Racing suspension and drag axles along with safety loops on the driveshaft setup the car to be a real track bruiser.

It’s also mentioned that the GT500 might sport a dual fuel system to accompany race fuel. And on the outside it’ll sport a custom widebody kit with 20-inch Alcoa wheels. There aren’t any plans of gutting the interior either, leather seats and a premium stereo system will still have a home.

We find it hard to believe with all the new toys at Shelby’s disposal now that he’d find a way to retire. And much like good ‘ol Favre we’ll expect a lot of back and forth indecisiveness and at the end of the day, great creations will still come.

[Source: WorldCarFans]

The all new 2011 Ford Mustang is already receiving plenty of praise and acclaim out there on the market, bringing performance and style at an affordable price. And Ford has taken some notes at other successful manufacturers out there by looking to unleash several special edition Ford Mustangs to the public. One of these has recently been revealed as the DUB Edition Package.

Surprisingly, the DUB Edition Ford Mustang V6 package isn’t overinflated in terms of pricing with an MSRP of $3,599.00. Considering all that you’re getting with the package, we think it’s a pretty good deal – that is, if you’re a fan “urban” Mustangs. On the outside, Roush aero components are subtle, but clean while a Ford accessories hood scoop makes the Mustang more aggressive. The stripe package we could do without, but the lowered stance (thanks to springs) and 3.31 gears are welcomed changes in the performance department. Rounding off the exterior is a set of 20-inch TIS wheels wrapped with Pirelli tires. Not exactly our cup of tea, but we guess they could have done much worse. We’re more curious as to whether or not they’ll offer color choices of if they’ll only be available with a black lip for the DUB edition. And it’s worth mentioning that the interior receives DUB-embroidered headrests, just to reiterate what you spent your hard-earned money on.

Apparently 1,000 of these limited edition packages will be available through 2012 and DUB is already looking towards coming up with a package for the V8 Mustang. If you’re interested, they’ll be available at Ford dealers starting next week.

[Source: Autoblog]

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Ford and Roush go together like peanut butter and jelly. You can have one without another, but it’s just not the same. Ford’s new 2011 Mustang 5.0 has already been getting tons of acclaim and now Roush will be taking it to a whole new level in performance. For a retail price of $5,999.00, your 2011 Mustang can have upwards of 550-hp and 470 ft-lbs of torque!

The Roushcharger Tuner Kit (part # 421140) is based on the popular TVS2300 Roushcharger and comes with a 90mm pulley that puts out approximate seven pounds of boost. To ensure the forced inducted 5.0L stays healthy, 47 lb fuel injectors, high-flow fuel rails, high-flow Roush air land and a twin 60mm throttle body are also included in the kit.

And those wondering about reliability and warranty, Roush offers a 90-day parts warranty but notes that it will not maintain the factory Ford warranty. Those willing to wait until fall, Roush will be releasing a kit that will come with full tuning and warranty.

Official press release available after the break.

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Looking to own a true, one-of-a-kind Ford Mustang collectible? Well, this one is gonna cost ya. RM Auctions is offering the 2004 Ford Mustang GT-R Concept, originally introduced at the 2004 New York International Auto Show as a tribute to 40 years of Mustang performance. A custom built Mustang with performance and race-inspiration in mind, RM Auctions is estimating that the GT-R concept will sell for $250,000 to $350,000.

For a vehicle that’s neither DOT nor EPA certified, that’s a pretty penny to pay for a track-only car, or something to sit in your show garage. But what the lucky owner will get is a Valencia Orange painted 2004 Mustang sporting a high compression, fully built 440-hp powerplant. Mated to a TTC T-56 six-speed transmission.

Inside the entire chassis has been overhauled with a full roll cage, Sparco racing seats and stripped to its bare necessities. Suspension upgrades include coilovers with remote reservoirs, ready to hit the track. 20-inch wheels are found on each corner, wrapped with Pirelli slicks with Brembo brakes peeking behind the classic five-spoke design.

Lastly on the outside is an abundance of carbon fiber components giving the car a more aggressive look while improving aerodynamics.

So you have a hole burning in your pocket?

GALLERY: 2004 Ford Mustang GT-R Concept

[Source: MustangsDaily]

For the first time ever two of the greatest names in Mustang-lore, Carroll Shelby and Jack Roush, will team up to build a one-off special edition Ford Mustang. Called the SR-71, after the Lockheed Martin SR-71 Blackbird, there’s a long list of connections that give purpose to the designation. For starters, in this case “SR” will stand for Shelby Roush. Then there’s the fact that the SR-71 first took flight the year the Mustang was introduced. Plus, Shelby is a former USAF flight instructor and Roush is a P-51 Mustang pilot. And to tie it all together, the car will be built and auctioned off with proceeds going to support the EAA’s (Experimental Aircraft Association) Young Eagles program, which Ford has supported for 15 years running.

Vehicle highlights will include a new 5.0-liter TiVCT V8 engine equipped with a 2.3-liter Whipple Twin Screw Supercharger, a Ford Racing handling pack, Ford Racing exhaust, SVT Track Pack, matte-silver paint with SR-71 details, custom Recaro seats, rear seat delete, a modified Nav screen and instrument cluster and custom badging. Oh, and those racing seats will feature the embroidered signatures of Jack Roush and Carroll Shelby.

The auction is set to take place on Thursday, July 29th at 7:30 PM (Central Time) at the EAA Museum in Oshkosh, Wisconsin. Those wishing to bid can hit the jump to get more info or go here: www.airventure.org/gathering

No doubt this will be a valuable collectors item.

GALLERY: Shelby Roush SR-71 Mustang

[Source: Roush]

Official release after the jump:

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Ford has just announced a new package for the 2011 Mustang and unlike retro styled kits like the California Special, this one really gets our blood pumping. Designed by pro-drifter Vaugh GittinJr., the RTR package will be available for all 2011 models and includes a complete aero kit including a front splitter, side skirts, a rear diffuser and rear spoiler. Also a part of the package are M Falken FK-452 on 19-inch wheels as well as special RTR interior details and racing stripes.

GALLERY: Vaughn Gittin Jr. RTR Package for the 2011 Mustang

Get all the info after the jump:

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The value of the 2011 Shelby GT350 has just gone through the roof, as legendary racer and tuner Carroll Shelby has admitted the car may be his last. But don’t worry performance fans, 87-year-old Shelby isn’t ready to retire just yet. Instead Shelby is looking to focus more on the parts business, rather than selling whole cars from his Shelby American performance facility in Las Vegas.

“I want to build fewer cars and sell more parts,” said Shelby in an interview with the Dallas News. “It’s hard to make any money on a car. But our parts business is growing 15 to 20 percent a year.”

Previous to the GT350, Shelby’s company produced the Shelby GT from 2007-08. The company built 5,000 of them, but Shelby admits that there’s just no market to sell that many version of a custom model any more.

Instead Shelby is looking to diversify his business and is even considering licensing a chain of shops that could work on and install Shelby American parts. Either way, we’re sure we haven’t heard the last of Carroll Shelby.

GALLERY: Shelby GT350

[Source: DallasNews]

It’s no surprise that Gittin Jr. has really helped push the Ford Mustang brand with younger enthusiasts. From drifting to his Mustang RTR, to the awesome and RTR-C (that debuted at SEMA 2009), he has captured the attention of many using modern designs and modern Mustangs.

Now he’s taking a step back, way back to 1969. That’s right, instead of planning a 2011 Mustang for SEMA this year, Gittin Jr. is planning to build a bad-ass 1969 Stang.

The project is a collaboration with Team Need for Speed from EA Games. Yes, the same Need for Speed that we see on the shelves at Wal-Mart and Best Buy for the Xbox 360 and PS3. Dubbed the RTR-X, the project has already been in the works for the greater half of this year.

Gittin will be starting with a Dynacorn 1969 Ford Mustang fastback body rather than sourcing a used chassis himself. Considering the amount of work that they plan on doing to this car, it’s probably the best move. The suspension will be completely overhauled with the aid of Maier Racing. Under the hood will be new-age technology, featuring a 2011 Ford Mustang GT 5.0L V8. Clearly the stock engine won’t be enough for a monster driver like Gittin, so individual throttle bodies from Kinsler will be in the works.

Interestingly enough, Gittin is opting for a set of JDM wheels from Work Wheels – 18×10 and 18×12 Work Meisters. Falken’s RT615-Ks will surround the wheels naturally and brakes will be supplied by Wilwood.

Much of the build will be assisted by Twins Turbo and Steen Chassis, all brilliant minds in the industry that have more than enough experience to back the project. From renders to reality, we’re really excited to see how this project will turn out. Adding some modern flair to a classic vehicle while sporting influence from all facets of motorsports really makes this project a complete one-of-a-kind.

[Source: Speedhunters]

GALLERY: 1969 Mustang RTR-X

It was inevitable, but the first special edition Ford Mustang is here, and not surprisingly, it’s a V6. The 2011 DUB edition Ford Mustang comes in a coupe, convertible or full-length glass roof bodystyle, with a Roush front end treatment, racing stripes, quarter window covers, windshield banner, and DUB logos embroidered onto the front headrests. 20-inch wheels, Pirelli tires and Roush lowering springs help give the car a low and wide look, while a 3.31 axle ratio should improve acceleration times, or compensate for the massive wheels.

Press Release After The Jump

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The 2011 Mustang is receiving quite the attention these days thanks to a recently updated design and the new high-horsepower, fuel efficient 3.7-liter V6 and 5.0-liter V8. With all things Ford Mustang, we knew it wouldn’t take long before Saleen SMS Supercars would produce its own version, specializing in high performance while accenting the newest Stang’s already good looks. Steve Saleen founded Saleen Autosport in 1983 and hasn’t looked back since, producing high performance, modified Mustangs with daily-driving as their main focus.

SMS Supercars is Steve Saleen’s vision of producing lifestyle performance automobiles – the complete package. From bumper to bumper, each SMS Supercar has been modified from the factory to personify its owner. Most recently is the new 302 Mustang release, carrying the 302-nomination thanks to the change in displacement for 2011′s V8.

Two versions of SMS Supercars’ 302 Mustang will be offered, one for the naturally aspirated enthusiast and one for the forced induction fan. The naturally aspirated version produces 440-hp from the factory 412-hp. Meanwhile the supercharged 302SC version will boost its way to 535-hp and 450 ft-lbs of torque.

Aesthetically the 302 Mustang receives its proprietary body kit, hood, heat-extracting grilles on the outside, while suspension upgrades gives the car a more aggressive stance on its 20-inch wheels and tires. Peeking behind the classy five-spoke wheels are SMS-branded brakes. Nowadays no custom vehicle is complete without interior upgrades. The SMS 302 Mustang sports Alcantara seats, 200-mph gauges, short-throw shifter and more.

For those that just want the nitty gritty tech specs, the naturally aspirated 5.0-liter does 0-60 mph in under 4.5 seconds while the 302SC blasts away at 4.3 seconds. Neither of these vehicles can be had without paying a premium however. The NA model is available with an MSRP of $54,990 and the 30SC sports a $64,990 price tag.

GALLERY: SMS Supercars 302 2011 Ford Mustang

The official press release is available after the break.

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