Shelby is bringing back the GT350, in two models, the GT350 and GT350R. Naturally aspirated versions of the GT350's 5.0-liter V8 will make 480 hp on 93-octane pump gas, while supercharged V8s will ...

Shelby American unveiled its new GT350 and GT350R models based on the latest Ford Mustang at the Barrett-Jackson auction in Scottsdale, while also mentioning a Trans Am spec race car is in the works.