Shelby GT500 Code Red: Everything you need to know about the very limited 1300hp Mustang | Taza Khabre


  • Shelby is offering a limited production run of 30 Code Red twin-turbo Ford Mustang GT500s, making this the first experimental project to go into production.
  • The GT500 Code Red features wide body modifications, upgraded wheels and tires, special badging and a carbon fiber hood that gives it a menacing and distinctive look.
  • With a maximum power output of 1,300 horsepower on E85 ethanol, the Code Red GT500 delivers hypercar levels of power and performance, making it a powerful and exclusive muscle car.

Shelby is offering 30 lucky (and apparently wealthy) customers the chance to own a twin turbo Ford Mustang, which was named GT500 Code Red. We have seen some extremely powerful ones muscle cars in recent years, such as the Dodge Demon, though it’s clear that this Shelby takes the crown. Originally developed as one of their experimental cars, Shelby decided to offer this 1,300 horsepower Ford as a production model. Here is all the information you are looking for.

Information has been gathered from many reputable sources such as Shelby American and Ultimate Specs so that we can bring you everything you need to know about the Shelby GT500 Code Red.

This Twin-Turbo Shelby is not the brand’s first experimental project

Craig Jackson

This isn’t the first experimental project (or EXP for short) from Shelby, though interestingly, the 2022 GT500 Code Red is the first time the mode has made it to production. Prior to this, Shelby produced a total of 4 other EXP cars, produced over 50 years ago. Here’s a quick look at previous models and what made them interesting.

  • 1967 Little Red – this big block Mustang was one of a kind, but sadly disappeared just a few years after production. In 2018, this most legendary muscle car was found abandoned in the Texas countryside, but has since thankfully been restored to its former glory.
  • 1967 Super Snake – decoration of the famous white color with blue stripes, This iconic Mustang looks like a Shelby. Before the sale of that green car from Bullitt, it was the most expensive Mustang ever, with a 2019 auction price of $2.2 million!
  • 1968 Green Hornet – Shelby’s “Little Red” sister car, this EXP car also had a significantly upgraded engine from the factory and is without a doubt one of the most desirable Shelby cars ever built.
  • 2008 GT500 Code Red – this 5.4-liter V8 Mustang is the predecessor to the model we’re focusing on today, with more than 900 horsepower sent to the rear wheels. Unfortunately, it was deemed “too big” for a production car in 2008, but technological advances mean the powerful muscle car could be more easily tamed for production in 2020.

Related: American Muscle Meets German Roads: Watch the Mustang Shelby GT500 Dominate the Autobahn

Here’s how Code Red differs from the standard Shelby Mustang

Shelby GT500 Code Red muscle car
Shelby is American

While the standard Shelby GT500 is a pretty formidable looking muscle car, this Code Red car is downright devilish looking. With a lot more than a minor redesign and a few flashes of red, here’s what Shelby did to turn the GT500 into a truly special car worthy of its hefty price tag (more on that below).

2022 Shelby Mustang GT500 Code Red exterior modifications

  • Most notable is the widebody package, which provides more than just a mean stance. A wider track provides room for more rubber and will certainly have a profound effect on handling; we can only imagine that more grip is a good thing when you’re trying to drive a 1,300 horsepower Mustang!
  • As such, Shelby fitted the GT500 Code Red with wider wheels and tires; grippy Michelins hide under the arches, and large alloy wheels allow for upgraded Shelby/Baer calipers and rotors.
  • Complete with custom badging and a lightweight but strong carbon fiber hood, the Code Red looks as special as it should.

2022 Shelby Mustang GT500 Code Red Performance Modifications

  • To create monstrous performance, Shelby equipped their GT500 with an intercooled twin turbocharger, their first production car with a twin turbo.
  • Improved fuel management is required for Code Red, therefore Shelby opted for ID1300x injectors, fuel rails and upgraded fuel pumps. A quality fuel system is essential, ensuring reliable fuel delivery even when the 5.2-litre V8 is working at its limits.
  • MoTec engine management systems were selected by Shelby to ensure that everything works as it should; indeed everything under the hood has been updated in some way!

Related: 10 Things Only Real Gearheads Know About the 1965 Shelby GT350

Shelby’s exclusive Muscle Car produces absurd power

2022 Shelby Mustang GT500 Code Red Maximum Power Output: 1300 Horsepower on E85 Ethanol

Shelby Code Red Engine
Shelby is American

While some sports cars are known for their driving experience, this muscle car is all about the numbers. On regular 93-octane fuel, the GT500 Code Red produces a mighty 1,000 horsepower, but that quickly rises to hypercar power when E85 ethanol is added to the mix.

2022 Shelby Mustang GT500 Code Red Specifications

from 0 to 60 mph

About 3 seconds sub

The highest speed

About 200 miles per hour

Equipped mass

Approximately 4225 lbs


1000 horsepower (93 octane) or 1300 horsepower (E85 Ethanol)

A turning point

780 lb-ft (93 octane) or 1000 lb-ft (E85 ethanol)


Front engine, rear drive

When running on more specialized fuel, this formidable muscle car produces an incredible 1,300 horsepower and approximately 1,000 lb-ft of torque. To put that in context, the standard 2022 Shelby GT500 makes “just” 760 horsepower—hardly a number to sniff at, but the Code Red comes close to doubling that figure.

Exact numbers such as 0-to-60-mph time and top speed have yet to be confirmed by Shelby, but others are speculating about Code Red performance based on what we know about the regular GT500. The standard car goes from 0 to 60 mph in 3.4 seconds and then on to 180 mph, so we can assume a sub-3 second acceleration time and a 200 mph plus top speed is entirely plausible in this special version with a capacity of 1300 horsepower. .

Related: 10 Reasons Why the 2018 Shelby GT350 Will Be an American Classic

This limited edition Shelby doesn’t come cheap

Shelby GT500 Code Red muscle car
Shelby is American

As mentioned earlier, virtually everything under the hood has been updated or redesigned, and it’s pretty much the same for the body and interior as well. Of course, given the high performance of these custom parts, the cost of this Code Red conversion will be anything but affordable. What’s more, Shelby only makes 10 examples of each GT500 model year (that’s a total of 30 in 2020, 2021, and 2022), so the costs can’t even be spread over a large production run.

Pricing for the 2022 Shelby Mustang GT500 Code Red


Starting price

2020 Shelby Mustang GT500


Shelby Code Red Package


As a result, the Code Red package costs a hefty $224,995 — and that doesn’t even include the base car, which has a suggested retail price of $73,995. While $300k+ for a hot Mustang might seem ridiculous to some, it’s worth checking out those other EXP cars from the beginning of this article; all these classic models are now multi-million dollar cars; Could this Shelby have been just as smart an investment? When you’re buying 1,000-horsepower sports cars, $300K is also a pittance, so perhaps this exclusive Shelby offers value by comparison? We’ll let you be the judge of that!

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