Ford Authority

2007 Ford Mustang Shelby GT500 Revived An Icon: Retro Review

MotorWeek‘s archives are full of classic automotive reviews from its earlier years, and the publication periodically releases such reviews for its Retro Review segment on its YouTube channel. Lately, they’ve given us a second look at their 1997 Ford Taurus SHO review, another of the 2001 Ford Focus, and the 1996 Ford Mustang Cobra. Now, another Retro Review has been dusted off from the distant year of 2006, when the outlet was able to sample the 2007 Ford Mustang Shelby GT500.

“The combination of Mustang and Shelby has always produced serious performance,” says host John Davis, explaining that this particular pony car was produced “under the watchful eye of Carrol Shelby himself,” just as it should be, considering the GT500 nameplate had been retired since 1970.

The supercharged 5.4L V8 was the “heart of this stallion,” throwing 500 horsepower and 480 pound-feet of torque. He praises the six-speed manual transmission that relays all that power to the pavement, enabling a gallop from zero to 60 mph in just 4.5 seconds. However, he notes that wheelspin hinders the pony car’s launch capabilities, although it’s not enough to put them off the race car.

The 2007 Ford Mustang Shelby GT500 features a retuned suspension to make it as fast through the corners as it is on the straightaways, although Davis says he noticed “quite a bit of push” from the powerful driveline as the pony car navigates turns. However, feeding power at the apex of the corner evens things out once more. Overall, it’s a fun ride, if not a bit “plain” when it comes to interior and exterior styling.

As for the modern GT500, it’s worth noting that the model has been on hiatus since the completion of the 2022 model year. However, it’s not gone for good – in fact, it’s expected to make a comeback on the S650 platform for the 2026 model year, as first reported by Ford Authority.

We’ll have more cool videos like this to share soon, so be sure and subscribe to Ford Authority for more Ford Mustang news and around-the-clock Ford news coverage.

Alexandra is a Colorado-based journalist with a passion for all things involving horsepower, be it automotive or equestrian.

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  1. Michael J Genzale

    2007 GT 500 ‘revived icon’. Yes….and no.
    Yes, more power, a lot more power, than the GT350.
    No, because the only differentiation between the ’60s GT350 and GT500 was displacement.

    1. Drew Ford Retiree

      I recognize where you are coming from, but hope you can see things differently. In the 1960s, the main approach for a step-function increase in power was to move from a small block V8 to a big block V8. Fast forward to the new millennium, supercharging became the main approach for a step-function increase in power.

      Overall, I believe the 2007 effort is worthy of the GT500 badge. The rear solid axle hamstring is subject of a whole different dialogue and is the tragic result of an impetuous new young VP who overruled the Mustang team.

  2. Lealand Young

    Fun car, I had a 09 GT500 and it was about as close as you could get to a muscle car in 2009, unfortunately it handled like one as well. Still pretty fun though. The Shelby GT was a neat car and had the right suspension under it but was hobbled by the tires which is a shame since it would have been a sweet handling car even if power was down compared to the GT500.

  3. Anonymous

    “He praises the six-speed automatic transmission that relays all that power to the pavement”

    Think you meant manual there chief.

    1. Edward Snitkoff

      Fixed. Thank you!


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