2007 Ford Shelby GT500

  • 2007 Ford Shelby GT500 Base Convertible

    Base Convertible

    • MAX MPG
    • SEATS
    • ENGINE
      5.4L V8
    • MSRP
  • 2007 Ford Shelby GT500 Base Coupe

    Base Coupe

    • MAX MPG
    • SEATS
    • ENGINE
      5.4L V8
    • MSRP
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2007 Ford Shelby GT500 Review

A 1960s muscle car launched into modern times with a 500-hp V-8 engine.

Reviewed by Automotive on


The 2007 Ford Shelby GT500 marks a high-performance variant of the Ford Mustang, new for the 2007 model year. Shelby American and Ford initially produced the Shelby Mustang from 1965 to 1970. For the 2007 model year, the Shelby nameplate gets revived with the unveiling of the 2007 Ford Shelby GT500. With a supercharged V-8 engine, the 2007 Ford Shelby GT500 represents the most powerful Mustang on the road.

The Range

Body Styles: two-door coupe, two-door convertible
Engines: 5.4-liter supercharged V-8
Transmissions: six-speed manual
Models: Ford Shelby GT500

What's New

After almost 40 years, the Special Vehicle Team at Ford worked with Carroll Shelby to produce the all-new 2007 Ford Shelby GT500. Available as either a two-door coupe or convertible, this Mustang has been reworked from top to bottom. As well as the tuned V-8 engine found under the hood, the front suspension, shocks, springs, and stabilizer bar all start new for this model. The rear suspension upgrades, and 18-inch wheels that measure 9.5 inches wide come standard.


From the outside, the 2007 Ford Shelby GT500 looks very similar to other Mustangs on the road. Main differences include a new front fascia and a larger grille. The hood has been modified to include exhaust outlets to allow excess air around the engine to escape. The design of the 2007 Ford Shelby GT500 aims to look more aggressive than the Ford Mustang. A front air splitter and a rear spoiler improve the aerodynamics of the car. Both the coupe and convertible models offer only one trim level, with the coupe having racing stripes running from nose to tail and both styles flaunting side racing stripes. The convertible model comes equipped with a power-operated soft top. Ford Mustang badges have been replaced Shelby and Special Vehicle Team logos.


When it comes to the interior of the 2007 Shelby GT500, Ford offers two options for interior design. Décor can be all black or black with red stitching. Metal trim decorates the interior, and the shift stick has an aluminum knob. The base models use a lot of plastic throughout the interior, but upgrading provides leather trim throughout.

The gauges change from the Ford Mustang. The speedometer sits on the left along with the tachometer in the 2007 Ford Shelby GT500. In addition, a boost gauge and a message center join the instrument panel. Standard features include leather bucket seats, a six-way power driver’s seat, cruise control, and full power accessories. An in-dash CD changer audio system comes standard, but Sirius satellite radio remains optional.

The front seats feel comfortable and provide additional bolstering to hold the driver and passenger in place when cornering at speed. Both the convertible and coupe use a 2+2 layout, but the rear seating area suits children best. Adults find it small and cramped, especially for longer trips.

Performance & Handling

The 2007 Ford Shelby GT500 comes equipped with a 5.4-liter, supercharged V-8 engine and a six-speed manual transmission that provides 500 horsepower and 480 lb-ft of torque. It only comes in rear drive, and offers no automatic transmission. With one of the most powerful engines found in a Ford Mustang, the model delivers an exhilarating performance. Ford reports that the 2007 Ford Shelby GT500 travels from zero to 60 mph in just 4.5 seconds. In addition to tuning the engine, the suspension and steering have also been tuned to provide a surprisingly agile vehicle.


Anti-lock brakes, traction control, and front-seat side airbags provide standard safety equipment for the 2007 Ford Shelby GT500. Neither stability control, nor side curtain airbags are available for the car. In the case of a tire issue, the model comes with a tire inflation kit but no spare tire.

EPA Fuel Economy

Ford Shelby GT500: 14/20 mpg city/highway

You'll Like

  • Supercharged V-8 engine
  • Outstanding acceleration and speed
  • Agile steering and handling
  • Retro styling inside and out

You Won't Like

  • Lacks many safety features
  • Inferior interior plastics
  • Heavy curb weight

Sum Up

A 1960s muscle car launched into modern times with a 500-hp V-8 engine.

If You Like This Vehicle

  • Corvette Z06
  • BMW Z4
  • Porsche Cayman
  • Nissan 350Z

See the New 2014 Shelby GT500.

Front & Driver Side View