2012 Shelby GT350 Launches At The Chicago Auto Show, Production Limited to 350 Units

Carroll Shelby is arguably the greatest American motoring icon to have ever lived, and even at 88 years of age, he is showing no signs of slowing down.

At the 2011 Chicago Auto Show, Shelby rolled out the 2012 Ford Mustang Shelby GT350. Unlike the GT500, the GT350 is not finished at Ford, but rather at the Shelby American facility in Las Vegas, NV.

For 2012, Shelby is offering his performance package on the convertible model for the first time since 1970 (coupe also still available). The new GT350 gets new bumpers, hood, wheels and colors to differentiate it from other Mustangs. You also get to pick how much power you’d like to handle. The base model gets 430-hp, from the normally-aspirated 5.0-liter V8, or you can choose to throw in one of two supercharger kits which can take the power upto 525-hp or 624-hp. So the tradition of fast Shelby’s continue.

Only 350 units of the GT350 will be produced for 2012, so if you want one, act fast. Prices start at $26,995 on top of the price for the donor.

(Source: Shelby)