If you thought the Ford Shelby GT500 needed even more power, the legendary American automaker has heard your cries. The new Shelby GT500 Code Red is the latest upgrade package available to add to the already powerful Ford Mustang GT500.

Available for the US market, the Code Red package adds to the GT500’s powerful powertrain and allows the entire package to deliver 1,000 HP with normal fuel and 1,300 HP with E85 racing fuel. This makes the modified GT500 Code Red primed for straight-line performance.

Interested in learning more about this limited-edition version of the GT500? Here are 10 things we just learned about the Ford Mustang Shelby GT500 Code Red.

10 The Ultimate Mustang

2022 Ford Mustang Shelby GT500
Ford

The Ford Mustang Shelby GT500 Code Red is a unique package that owners can add to the already-powerful GT500. Ford offers a wide range of Ford Mustang models, with the entry-level version being the EcoBoost Fastback which starts at just $27,470.

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Ford also released two convertible models and a few performance models as well. This includes the Mustang Mach 1 and Mach 1 Premium models, but the ultimate version of the two-door coupe is the Shelby GT500. This powerful model comes with a starting price of $79,420 and includes a 5.2-liter V8 engine that can produce 760 HP and 625 lb-ft of torque. The Code Red package adds to the GT500 in almost every way, making it the most powerful Mustang on the market right now.

Related: LEAKED: Shelby Will Unveil New Twin-Turbo GT500 "Code Red" With 1,300+ HP This Weekend

9 Unique Body Kit

shelby-gt500-code-red-rear-angle
Via: Shelby

While the Shelby GT500 does offer a Carbon Fiber Track Pack, the Code Red package radically transforms the entire exterior of the legendary muscle car. This includes a unique hood and a more aggressive front bumper that adds to the overall look of the car.

Shelby-GT500CR-front-angle-view
Via: Shelby

The upgrades continue along the side profile of the car as the Code Red Mustang comes with a wide and muscular stance. The rear also gets an upgrade with a rear diffuser, a dominant rear wing, and tons of carbon fiber to help reduce the car’s overall weight.

8 Dominant Rear Wing

Speed Phenom YouTube Channel Ford Mustang GT500 Shelby Code Red rear view
via: Speed Phenom YouTube Channel 

The Code Red package includes unique badging that includes the red color accents around the exterior of the car. However, the most notable upgrade is the dominant rear wing that adds rear downforce to the car at high speeds. This helps make the car even more powerful on track.

Code Red Mustang
via Shelby

The rear wing is made from carbon fiber, allowing the car to improve its performance without adding any extra weight to the package. The carbon fiber accents surpass what you could expect with the standard Carbon Fiber Track Pack available with the GT500 from Ford.

7 Supercharged V8

GT500 Code Red
via Shelby

The biggest reason anyone should consider getting the Code Red package is for the upgraded engine. The Shelby GT500 comes with a 5.2-liter V8 that can produce 760 HP and 625 lb-ft of torque. The Code Red package extends this to over 1,000 HP and 780 lb-ft of torque.

GT500 Code Red
via Shelby

While these performance stats are possible with standard fuel, the Code Red package can perform at a much higher level with high-performance, E85 fuel. This allows the Mustang to achieve 1,300 HP and over 1,000 lb-ft of torque.

6 Racing Fuel Performance

Speed Phenom YouTube Channel Ford Mustang GT500 Shelby Code Red front side view
via: Speed Phenom YouTube Channel 

The V8 that comes with the Shelby GT500 Code Red is a seriously powerful engine. The engine was completely re-engineered by Nelson’s Racing Engines and comes with a dual-feed fuel system that allows for a blend of racing fuels to be used when needed.

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The engine cooling capacity was also increased to handle excess heat, allowing the overall package to produce around 1,300 HP and over 1,000 lb-ft of torque. These performance stats are made possible with E85 unleaded fuel, one of the most efficient racing fuels on the market.

Related: The Ford Mustang Shelby GT500 Code Red Adds Twin Turbos And $210,000 To The Base Car

5 Tuned Suspension​​​

2020 Ford Mustang Shelby GT500: The beast of the muscle car world.
via: MotorWeek

The Ford Mustang GT500 comes with a magnetic-ride suspension system that promises a smooth ride regardless of the track you’re on. While the standard suspension system was impressive on the track, the Code Red package comes with a sport suspension that delivers even more performance.

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The new suspension system allows you to have more control over the entire system. This means that you can stiffen or loosen the suspension depending on what the track requires. This level of customization makes the GT500 Code Red the perfect track car for collectors.

4 Upgraded Brakes

Code Red Shelby GT500 Leak Wheel And Brake Closeup
via Michael Van Runkle

The Code Red package comes with a fully upgraded brake system. The brakes were developed by both Shelby and Baer, allowing for the Code Red package to deliver the most impressive braking performance of any Shelby sports car in history.

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via Shelby

The Shelby GT500 Code Red also comes with Shelby forged aluminum wheels. These wheels are wrapped in 305/30/20 front and 345/30/20 rear tires. The package also allows you to adjust the ride height so that you can easily set up the car to be track-specific.

Related: Watch This 1,100-HP GT500 Race Two Of The Fastest Hellcats Around

3 Interior Details

Shelby GT500 Code Red
via Shelby

The Shelby GT500 Code Red comes with tons of upgrades throughout both the exterior and interior of the two-door muscle car. While the standard Mustang comes with backseats, the Code Red removes the backseats to save on weight.

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via Shelby

The interior of the Shelby GT500 Code Red also includes signature red leather and unique badging on the seats and sides of the car. While much of the convenience features were removed from the GT500, the infotainment system and dashboard remain fairly standard. This allows the car to be an insanely powerful track car without the complications of a full racing car.

2 Limited Edition

Black Ford Mustang Shelby GT500 Code Red
Via: Shelby

Shelby specializes in creating unique and rare sports cars. With the Code Red package, Shelby has announced that they will only take 10 GT500s from 2020, 2021, and 2022. This means that production is capped at just 30 units in total.

Shelby GT500 Code Red
via Shelby

The Shelby GT500 Code Red was designed for the ultimate track day. While the car is not street legal, it promises to be one of the best two-door sports cars to take on the track. The entire car is built for track performance and even includes performance brakes and suspension for improved handling around corners.

Related: This Ford Mustang GT500 Shooting Brake Looks Ready For Production

1 Eye-Watering Price Tag

Shelby GT500 Code Red
via Shelby

If you want to get yourself the ultimate version of the iconic Ford Mustang, the Code Red package is going to set you back around $209,995. However, it’s important to know that this is the price for the additional package alone, not the underlying GT500.

Shelby GT500 Code Red
via Shelby

This means that owners are going to need to secure themselves a Ford Mustang Shelby GT500 for around $79,420 first. The additional $209,995 Code Red package means that owners are going to need to pay around $289,415.