For Mustang and Shelby enthusiasts craving the ultimate in performance, the legendary Shelby American has answered the call with the GT500 CODE RED. Inspired by a 2008 experimental build fueled by customer demand for even more power from their already potent GT500s, the CODE RED is engineered to be the absolute pinnacle of Shelby Mustangs. This isn’t just an upgrade; it’s a transformation into a limited-edition powerhouse.
The heart of the CODE RED is a hand-built, twin-turbocharged V8 engine that unleashes a staggering 1,300 horsepower and 1,000 pound-feet of torque. This immense power elevates the Shelby GT500 far beyond the realm of ordinary muscle cars, placing it firmly in hypercar territory. But the CODE RED is more than just raw power. Shelby American has meticulously upgraded every aspect of the vehicle, including the suspension, cooling systems, and aesthetics, to create a truly holistic performance machine. Production is strictly limited to just 30 units, with only 10 GT500s from each of the 2020-2022 production years being eligible for this exclusive conversion.
Shelby’s Legacy of Experimental Excellence: From EXP Cars to CODE RED
Shelby American has a storied history of pushing boundaries with experimental vehicles. These “EXP” cars, such as the Green Hornet, Little Red, and the original 2008 twin-turbo CODE RED, have served as testbeds for innovation and performance breakthroughs. The ’67 GT500 Super Snake, with its 427 race engine, and the Green Hornet, testing fuel injection and independent rear suspension, are prime examples of this experimental spirit. Little Red, from 1967, boasted twin superchargers and other groundbreaking features.
In 2008, Shelby American dared to replace the supercharger on a GT500 with twin turbos, creating the first experimental CODE RED Shelby GT500. Nelson’s Racing Engines re-engineered the 5.4-liter V8, incorporating a dual-feed fuel system that could introduce high-octane racing fuel when needed. Enhanced cooling and an AMS speed-sensitive boost controller were also integrated. While incredibly powerful, the original CODE RED’s extreme nature and high cost prevented it from reaching production.
The 2020-2022 Shelby GT500 CODE RED: A New Breed of Super Mustang
For the production version of the 2020-2022 CODE RED, Shelby American collaborated closely with partners to develop a robust, reliable, and utterly ferocious package. The 5.2L engine is now fortified with all-new high-performance components and force-fed by a premium intercooled twin-turbo system. A new fuel system and engine management system are also integral to managing the immense power. On 93 octane pump gas, the CODE RED delivers over 1,000 horsepower and 780 pound-feet of torque. For those seeking the absolute maximum, E85 Ethanol unlocks the full potential, unleashing up to 1,300 horsepower and 1,000 pound-feet of torque. This level of performance redefines what’s possible in a Mustang Shelby, making it a true collector’s item and a force to be reckoned with on both the street and track.
More Than Just Power: The Complete CODE RED Transformation
The current generation GT500 CODE RED is far more comprehensive than simply a drivetrain upgrade. It receives a complete widebody package, new wheels and tires, upgraded axles, revised suspension tuning, a bespoke interior, unique badging, and a lightweight carbon fiber hood. Every detail is meticulously crafted to enhance both performance and aesthetics.
Each Shelby GT500 Code Red owner receives a membership to Team Shelby, the official worldwide club founded by Carroll Shelby in 2008. Furthermore, each vehicle is meticulously documented in the official Shelby Registry, adding to its exclusivity and collectibility. The package MSRP starts at $224,995, and this price is in addition to the cost of the base 2020-2022 Shelby GT500. Production is underway in Las Vegas, and current owners of eligible Shelby GT500s are encouraged to contact Shelby American to explore transforming their car into the ultimate CODE RED edition. This is a rare opportunity to own a piece of Shelby history and experience Mustang performance taken to the extreme.
