Shelby American has unveiled a one-off Mustang GT500 Cobra at the Rolex Monterey Motorsports Reunion.

Shelby American has unveiled a one-off Mustang GT500 Cobra at the Rolex Monterey Motorsports Reunion.

Created as a tribute to Carroll Shelby, the model has a Guardsman Blue exterior with white body stripes. It also features a wide body kit, a new hood and 20-inch alloy wheels.

The car's 5.8-liter V8 engine has been equipped with a 4.0-liter Whipple supercharger. It enables the mill to produce more than 850 hp (634 kW / 862 PS) which is a healthy improvement over the standard model's 662 hp (494 kW / 671 PS).

The car will tour the United States and could eventually be used to support one of Carroll Shelby's favorite charities.

One-off Shelby GT500 Cobra coupe built to celebrate Carroll Shelby