The New Shelby GT500

The new Shelby GT500 based on the 2010 Ford Mustang
With the new 2010 Ford Mustang unveiled about two months ago, it was just a matter of time before we got to see the new Shelby GT500. With its debut scheduled for the Detroit Motor Show next week, the most powerful car to come out of Ford's Special Vehicle Team (SVT) is powered by a supercharged and intercooled 5.4-liter dual overhead cam V8 engine which is expected to deliver 540 hp and 510 ft-lb of torque.

Among the new features the 2010 Shelby GT500 sports are: nww gearbox enhancements which allows the car to deliver improved acceleration performance and better highway fuel efficiency, aggressive new exterior design with new functional details, such as the hood extractor to remove heat from the engine and "Gurney Flap" spoiler to tune rear downforce and a new exclusive interior featuring genuine materials such as real leather in all seats, real aluminum on the instrument panel and Alcantara inserts on the seats and steering wheel.

Built at the Auto Alliance International Plant in Flat Rock, Michigan, the 2010 Shelby GT500 will be available in dealerships this spring.

More photos after the jump.