The 2020 Ford Mustang Shelby GT500 Starts At $73,995 – Fully Loaded Model Caps Out At $95,000

2020 Ford Mustang Shelby GT500
According to Ford, you can get 760 horsepower and a ton of carbon fiber for under $100,000.

Which one: Mustang Shelby GT500 or Challenger Hellcat Redeye?

Ford announced pricing for the 760 horsepower 2020 Mustang Shelby GT500. All that power starts off at $73,995, while fully loaded versions will top out around $95,000. That’s a $12,460 premium over the lesser Shelby GT350, and the available packages push up the price to make this the most expensive street-legal Mustang to date.

That price does include the $2,600 gas guzzler tax, and nets you a 5.2-liter supercharged V8 engine with 625 lb-ft of torque. The car comes mated to a seven-speed Tremec dual-clutch transmission, but does not offer a six-speed manual, unlike the GT350. The starting MSRP on the 2020 Ford Mustang Shelby GT500 puts it ahead of the $64,695, 650 horsepower Chevrolet Camaro ZL1 and the $73,440, 797 horsepower Dodge Challenger Hellcat Redeye.

2020 Ford Mustang Shelby GT500

Once you start getting into options, however, the GT500’s price can really skyrocket. A $1,500 Handling Package includes adjustable strut-top mounts, removable splitter endplates and a gurney flap. Beyond that, there’s a $3,000 Technology Package that adds an upgraded B&O audio system, blind-spot monitoring, rain-sensing wipers and navigation.

The big kick to your wallet, though, is the $18,500 Carbon Fiber Track Pack. Before you say “ouch”, you do get some awesome carbon fiber wheels. Wrapped around those wheels are Michelin Pilot Sport Cup 2 tires, and you get a carbon fiber wing and dive planes. Ford will also kindly remove the rear seat, losing some weight and making this even more of a street-legal racer.

There are some options that don’t have prices yet, but we should know more soon. The 2020 Ford Mustang Shelby GT500 will go on sale this fall.