Well the time has come for the goods to be delivered. If you recall the past auction at Barrett-Jackson Scottsdale, the first Shelby GT500 #001 sold for $600,000. The orange car with tungsten racing stripes rolled off of the assembly line at the AutoAlliance International plant in Flat Rock, MI, on June 23rd, 2006. "On behalf of the management and workers here at AutoAlliance, I'm proud to hand over the keys to this Shelby GT500," said Gary Roe, President, AutoAlliance. "The Shelby GT500 is an instant classic and the AutoAlliance team couldn't be happier to be a part of the Ford-Shelby history." Carroll Shelby himself was waiting for the car to finish in order to personally hand over the keys to the winning bidder, Ron Pratte. Standing with past traditions, Shelby autographed the dashboard of GT500 #001, furthering its uniqueness and authenticity. Now, when does Mr. Pratte start his tour across the United States? I'm sure we'll be seeing more of him in the near future.

One of the latest twists on the Ford Mustang comes from Wheel to Wheel Powertrain using some exclusive patented technologies from Antonov Technology. It has a helical planetary gear set that results in a 1.36:1 ratio in the first half of the engine rev pattern that is tapped during aggressive acceleration and gives every day driving an edge. After the loud pedal is relaxed a bit, a centrifugal clutch disengages the step-up ratio in a calculated manner to mask its presence to the driver. There are other modifications to mention, so read on!

We recently had one of our users deliver us an exclusive viewing of the 2007 Shelby GT500 price sheet. Showing a breakdown of each series code, option code, and trim type, the list gives it to you straight, in black and white. The coupe starts just under $41,000 while the drop-top version runs almost $46,000. Click here to view the actual GT500 price sheet.

Well, if you have not caught a glimpse of a Ford Shelby GT500 on the street yet, then we found a treat for you. Auto123.com has compiled a quick video of the GT500 ripping and roaring at the track. Oh, the newest power Pony in the stable also brought a few friends to play along as well. Enjoy the video!

If you missed the latest and greatest TV spot for the Ford Mustang, have no fear--we've got you covered. The ad features a father and son driving a Mustang in an empty parking lot with only one thing in mind: fun. It just goes to show that being bold is a timeless concept. Check out the NEWEST Mustang TV commercial here!

Pounding its way onto 300 select Texas and Oklahoma dealership lots, the 2006 Ford Mustang Stampede Edition is poised to become a desired collector's item. A mere 500 of them are to be sold to the public, with each one being accompanied by an authentically engraved and numbered plaque. "[The Ford] Mustang has a long tradition of offering special packages like the Twister and California Special," said Mark Grueber, Ford's marketing strategy manager for the Southwest region. "We have a special Texas Edition F-150 and Super Duty, and Mustang is such a part of the Texas landscape, we thought it would be a natural fit."

Yesterday, Ford Motor Company advised dealerships that 9,000 2007 Shelby GT500 Mustangs are going to be produced. This is a welcomed bump from the initial projected production numbers in the 7,500 to 8,500 range. Everything for production is on schedule and most all deliveries are anticipated to be on time, shipments beginning during the last week in June. By the end of May, dealerships are slotted to receive their exact allocation numbers.

What can be done to make the most powerful production Ford Mustang better? Lower the price? Give one away? Keep dreaming... How about add more power? That will have to do. Ford's "poster child" pony car is now officially rated at 500 hp, up from the previous 475 hp estimates. The 32-valve 5.4 liter supercharged V8 is a purebred result in the continued modular engine development by Ford. A roots blower provides the 9 pounds/square inch of pressure making the wonderful power figures possible.

Who better to take the inaugural test drive than the man himself? That's right; the legendary Carroll Shelby was caught toying around with the new Ford Mustang GT-H "rent-a-racer" in a Hertz parking lot. His name is on the car, so why is he driving it like he stole it? Check out the video footage of Shelby and his black & gold steed in action!