The tuned pony car isn't quite as potent as Ford's own GT350.
Owning a Shelby Mustang still carries a certain amount of cachet among auto enthusiasts. While Shelby American’s new GTE package for the pony car doesn’t have nearly the output of the GT350, it still gives buyers the bragging rights of owning one of the brand's vehicles. The models are also hotter than the standard GT.
Shelby American just unveiled the GTE during the Mustang Club of America’s meeting at Indianapolis Motor Speedway. The package pushes output of the GT’s 5.0-liter V8 to 456 horsepower (340 kilowatts), which is up from the stock 435 hp (324.4 kW). Alternatively, customers can order it on the EcoBoost version for a boost to 335 hp (249.8 kW), versus 310 hp (231.2 kW) from the factory.
The mechanical upgrades largely come from Ford Performance. For example, Shelby installs the cat-back exhaust from the Blue Oval’s in-house tuner. The GTE also gets the Ford Performance Handling Package that includes parts like lower springs, an upgraded sway bar, and new upper strut mounts.
Despite the fairly modest power upgrade, Shelby American gives these Mustangs an attractive makeover. They wear the firm’s vented hood, carbon fiber front splitter, and rear spoiler. The cars ride on 19-inch Ford Performance wheels. There are also plenty of Shelby badges on the exterior and inside, so no one can think these models are stock. Customers can bring either a coupe or convertible to the tuner for the upgrades.
Shelby American also offers a long list of options for customers who want a little more. Performance-minded buyers can get things like upgraded brakes and different rear end ratios. There are also aesthetic upgrades like Katzkin leather seats and additional carbon fiber exterior parts.
According to Shelby American’s Website, the GTE package costs $17,999. The pricing means a Mustang GT, which starts $33,545 after destination, would be $51,544 with these upgrades. For comparison, Ford’s own 526-hp (392.2-kW) GT350 begins at $56,495 after destination The GTE is available now but exclusively in the United States and Canada. Shelby American plans to sell them elsewhere eventually.
Source: Shelby American, 
2017 Ford Mustang GTE by Shelby American
SHELBY AMERICAN'S 2017 SHELBY GTE DELIVERS HIGH PERFORMANCE EXCITEMENT FOR ENTHUSIASTS AT AFFORDABLE PRICE
Expanding on 50+ years of tradition and performance, Shelby American unveils the all-new 2017 Shelby GTE at Indianapolis Motor Speedway
The all-new Shelby GTE is immediately available in North America
Shelby GTE delivers high-performance for an enviable price with unlimited upgrade options through the Shelby Performance Parts catalog
LAS VEGAS – Sept. 2, 2016 – Leveraging more than 50 years of passion and performance, Shelby American, Inc., a wholly owned subsidiary of Carroll Shelby International Inc. (CSBI:PK), today unveiled the all-new 2017 Shelby GTE (for Enhancement) duringMustang Club of America’s celebration at the famous Indianapolis Motor Speedway. Inspired by the success of the Shelby GT and Shelby GT-H programs, the Shelby GTE offers legendary performance at an affordable price.
“From the Ferrari-beating Shelby Cobra to the 1965 Shelby G.T.350, Shelby American has always delivered world-class performance at a great value for everyone, not just the one percenters,” said Joe Conway, Co-CEO of Carroll Shelby International and CEO of Shelby American. “Our newest cars are cast from that same mold, delivering affordable excitement for everyone. When the public begged for a version of the Ford Shelby GT-H rental car that they could own, we applied the winning formula from the Hertz program to the Mustang. Working with our friends at Ford Performance, we created an affordable car that delivers full-throttle excitement and remarkable styling.”
In 2006, Shelby, Ford and Hertz launched a new rental car program. When the public clamored for a consumer version of it, the 2007 Shelby GT was launched and sold through American Ford dealers. The Shelby GT matched the performance capabilities of the rental version but could be optioned with a manual transmission and as a convertible.
Ten years later, Shelby GTE is based on the all new world-class Ford Mustang. Complete with an independent rear suspension and several powertrain options, it is the best performance Mustang in history. With Ford now exporting the Mustang globally, plans are being developed to offer the Shelby GTE outside of the USA and Canada, also.
“Every high-octane attribute expected of a Shelby car is incorporated into an affordable package that will be available at any of our North American mod shops,” said Keith Belair, COO of Shelby American. “The Shelby GTE gives every fan the opportunity to drive the sports car of their dreams.”
Under the hood of this Shelby, customers can choose Ford’s iconic 5.0 V8 engine that pumps out 456 horsepower or the powerful 2.3L Eco-Boost engine that delivers a head turning 335 horsepower. Additional performance upgrades include a Ford Performance cat-back exhaust and handling pack, as well as 19 inch Ford Performance wheels.
One look at the pony car reveals unique Shelby styling. The car is fitted with official badges, Shelby-designed vented hood, carbon fiber front splitter and rear spoiler. Inside, it also features Shelby GTE logos on the head restraint, sill plates and floor mats.
Unlike the rental car program, the Shelby GTE is available in either fastback or convertible, as well as manual or automatic transmission. Thanks to Shelby’s network of partners, enthusiasts will be able to experience world-class performance that has become synonymous with the Shelby brand.
“The Shelby GTE can be easily tailored for the road or the track, or even both” said Shelby American Vice President Gary Patterson. “And with our full range of Shelby performance parts, the possibilities are endless. If you can dream it, we can build it.”
Shelby American introduced the all-new Shelby cars at historic Indianapolis Motor Speedway during the Mustang Club of America’s 40th anniversary celebration. After the unveiling and presentation of Shelby American’s latest Mustang, the all-new Shelby GTE will move to the Dallara IndyCar factory. It will be the centerpiece of a special Team Shelby event.
The cars will be assembled by Shelby American at its assembly facility in Las Vegas or authorized North American mod-shops. Every car will be listed in the official Shelby Registry. For more information about the all-new Shelby cars or a list of authorized dealers worldwide, visit www.shelby.com.
About Shelby American, Inc.
Founded by legend Carroll Shelby, Shelby American manufactures and markets performance vehicles and related products. The company builds authentic continuation Cobras, including the 427 S/C, 289 FIA, 289 street car and Daytona Coupe component vehicles; it offers the Shelby GTE, 1000, GT500 Super Snake and Shelby Terlingua Racing Team post-title packages for the 2005-2017 Ford Mustang. Shelby American also offers the Shelby Raptor and Shelby F-150 muscle truck. For more information, visitwww.shelby.com.