The rebirth of a Musclecar legend-- the 2007 Carrol Shelby Cobra GT500-SVT powerhouse Musclecar .

Carroll Shelby helped launch the new GT500 at the New York auto show in March 2006

Ford says the 2007 Shelby Cobra GT500 Mustang will be the most powerful factory-built Mustang in history, more powerful than the 1969 Mach 1 428 Super Cobra Jet or even the legendary 1969 Boss 429. Think about that for a second. Let it sink in. Mustang worshipers may take a knee if you have to, but the reality is this: When this car hits the streets during the summer of 2006, it'll have 470-plus horsepower, making it the most powerful Mustang ever built.

The new Shelby Cobra GT500 next to a 1967 Shelby Mustang GT500 KR, or King of the Road model powered by a 428-cubic-inch V8 rated at 335 hp. The 500 hp new version has the striping (nose to rear air-dam) and lowered stance giving it the classic menacing look.

Shelby Approves and Ford Builds the ultimate Mustang. Ford is calling the car a unique collaboration between the legend Carroll Shelby and the Ford Special Vehicle Team (SVT). "I've worked with the SVT guys for several years now," says Shelby. "And I know they have the guts, the talent and the passion to deliver the best performance Mustangs ever." Shelby, who built the legendary Shelby Mustangs and Shelby Cobras in the 1960s, served as a senior advisor to the "Dream Team" that was assembled inside the Ford Motor Company to develop and build the 2005 Ford GT supercar. But this one is truly a Musclecar legend reborn....

SEE  http://www.get-in2.com/musclecars/gt500.htm for more details