This 1967 Shelby GT500 Has 1,000 HP And A Carbon-Fiber Body

The original Shelby GT500 was built for a time when big engines and loud styling ruled the muscle car world. Nearly six decades later, this 1967 example follows a very different recipe. Its classic shape remains, but almost everything underneath has been reworked.

Built by Classic Recreations, the GT500CR made its debut at SEMA with carbon fiber used for every exterior body panel. The material keeps the Mustang silhouette while giving the car a modern twist. Red-tinted racing stripes add a bit of color, and the project also holds a special distinction: it's the only carbon-fiber Mustang officially licensed by Shelby.

The biggest change, however, sits under the hood. The original-era muscle car now runs a 5.0-liter Ford Coyote V8 fitted with a 3.0-liter Whipple supercharger. It produces 1,000 horsepower and sends that power to the rear wheels through a 10-speed automatic gearbox. A Ford 9-inch rear end, FuelTech ECU and traction control complete the setup.

That much power calls for serious hardware elsewhere. The GT500CR uses electronically controlled Nitron shocks and upgraded suspension components. Forgeline wheels wear Michelin Pilot Sport Cup 2 tires, while 14.9-inch carbon-ceramic brakes provide stopping power. The front gets six-piston calipers, with four-piston units at the rear.

The inside gets a mix of old and new, too. Custom seats and digital gauges give the cabin a fresh look, while air conditioning and an Alpine sound system with Focal speakers make it more comfortable to drive.

The project also marks a new chapter for its builder. Classic Recreations went through bankruptcy last year and was later acquired by Velocity Restorations. The company has since secured a new licensing agreement with Shelby.

Carbon-fiber Mustangs have already brought in big money. Previous builds from Classic Recreations reportedly sold for more than $500,000, so this one could come with a hefty price tag as well.