The 2020 Ford Mustang Shelby GT500 Starts under $74,000 and Tops $95,000 Fully Loaded

Joey Capparella
Updated
Photo credit: Greg Pajo - Car and Driver
Photo credit: Greg Pajo - Car and Driver

From Car and Driver

  • Ford has announced pricing for the new Shelby GT500 Mustang, and it starts at $73,995.

  • A performance-enhancing Carbon Fiber Track package costs a whopping $18,500 on top of that base price.

  • The new GT500, which has a supercharged 5.2-liter V-8 engine with 760 horsepower, will go on sale this fall.

The 2020 Ford Mustang Shelby GT500 will offer 760 horsepower for a starting price of $73,995. That includes a $2600 gas-guzzler tax, and it makes this supercharged V-8 Mustang $12,460 more expensive than the Shelby GT350. The base price is just the start, though: With its big-hitter Carbon Fiber Track package added, the GT500 tops $90,000, making it the most expensive factory street-legal Mustang ever made.

Key options include a handling package for $1500 (adjustable strut top mounts, removable splitter end plates, and a Gurney flap) and a technology package (upgraded audio system, blind-spot warning, rain-sensing wipers, navigation, and puddle lamps that project a Cobra logo) for $3000. The big kahuna is the Carbon Fiber Track package, which costs a whopping $18,500 and includes carbon-fiber wheels wearing Michelin Pilot Sport Cup 2 track tires, an adjustable carbon-fiber wing, a rear-seat delete, and dive planes up front. All GT500 Mustangs have a supercharged 5.2-liter V-8 engine making 760 horsepower and 625-lb-ft of torque mated to a seven-speed dual-clutch automatic transmission.

The GT500's closest competitor, the Chevrolet Camaro ZL1, starts at $64,695 but offers just 650 horsepower from its supercharged V-8. The Dodge Challenger SRT Hellcat Redeye, which has 797 horsepower, starts at $73,440.

Ford isn't sharing stand-alone option pricing for the GT500 yet, but even with just the tech and Carbon Fiber Track packages added, this Mustang tops $95,000. With a few other extras added, it could potentially crest the six-figure mark. A full online configurator will be coming soon, says Ford, ahead of the car going on sale this fall.

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