When we drove the Shelby GT500KR at Miller Motorsports Park last May, we were impressed with the steps that Ford and Shelby had taken to make its new King of the Road a special vehicle. Not only was the KR a huge improvement over the GT500 (which led to the development of the 2010 GT500), but the car featured trick items like a carbon fiber hood and lightweight wheels wrapped with R-compound tires. At that time, Shelby also proudly told us that none of the KR-specific parts would be available for sale separately to ensure that owners of lesser Mustangs could not make shadetree replicas that might compromise the KR's image. Of course, all of this exclusivity and performance came at a price: $79,995 to be exact.
$18,400 for a new hood, $3,392.50 for a front spoiler, and $632.50 for a set of hood pins Unfortunately, as one GT500KR owner has learned the hard way, replacement parts for this pony car can be surprisingly dear. After an unfortunate incident with a critter on the road resulted in a modestly damaged front end, the owner in question was shocked to learn about the high cost of his vehicle's replacement parts. And as is increasingly the way these days, he aired his displeasure on the web. That initial report has since touched off a firestorm in the online Shelby community, with the issue spreading to numerous forums and chat rooms.
So just why were these replacement parts such a contentious issue? In the main, it's a numbers thing. As in $18,400 for a new hood, $3,392.50 for a front spoiler, and even $632.50 for a set of hood pins, among other things. Further, the disgruntled owner informed a forum member that Shelby requires any damaged KR parts to be returned to their facility in Las Vegas before new replacements can be sent out.
Obviously, a bit of due diligence was needed to verify the claimed replacement pricing and parts return policy, so we got on the phone with Jim Owens, vice president of marketing and communications at Shelby to get the straight scoop.
There's horsepower, and then there's dyno-tested, can't-lie-to-your-friends horsepower. If you want to know how much power a car really makes, you've got to strap it to a dyno and spin it to redline. The guys over at 5.0 Mustang & Super Fords are always eager to find the true horsepower of a car, and so when they took delivery of a GT500KR to review they headed straight to the dyno to see how much power the supercharged V8 is putting out. What they found was somewhat surprising -- the KR produced 509 horsepower and 467.7 lb.-ft. torque to the wheels. Adjusting for an estimated driveline loss of 15 percent, the actual output at the flywheel is 589.82 hp and 550.24 lb-ft torque -- nearly 50 more horsepower and 40 more lb-ft than Ford is claiming. Take that Z06!
When Ford announced the GT500KR's based price of $79,995, many of you thought that it was pretty steep for a Mustang. Even though it's a limited edition Shelby with 540 horsepower, $80,000 can buy a lot of really nice cars. What's even more insane is that we know people will not only buy the KR, but they will pay tens of thousands of dollars over MSRP just to have one. The only question was how much dealers would try and gouge. That question has been answered. Lone Star Ford in Houston, TX has put up a red GT500KR on eBay Motors with a "Buy It Now" price of...$154,991.00. That's nearly double the MSRP. Who knows if anyone will actually buy it at that price, but going off what happened with the standard GT500, then it's quite possible.
Our initial drive of the Shelby GT500KR on public roads revealed that Ford, SVT and Shelby had addressed many of the issues that we had with the standard GT500. The KR's revised suspension is better balanced and more capable of handling the excessive amounts of horsepower and torque that the blown 5.4L generates, and a new short-throw Hurst shifter makes changing gears a joy instead of a chore. To top it all off, a Ford Racing cold air intake, new exhaust system, and 3.73 gears give the KR an extra kick in the pants. The changes were so spot-on that we wondered why Ford didn't build the GT500 this way in the first place.
With a ride like the GT500KR, however, only so much of the car can be experienced on public roads. At 540 horsepower and 510 lb-ft torque, the KR quickly reaches posted speed limits and the car stays well under its limits around corners. Fortunately, Ford let us loose to run hot laps around Miller Motorsports Park. Follow the jump to see how the "King of the Road" fared at the track.
What does it cost to be the King of the Road? Apparently $605,000 (after auction fees). That's how much Ron Pratte, who seems to be buying just about every Shelby at Barrett-Jackson, paid for the right to own the very first 2008 Shelby GT500 KR Glass Roof. That will only last for a while, though, since at least 999 more KR's will be built and are currently being assembled at the Shelby plant in Las Vegas. Numero uno features a black-on-black paint scheme that looks stunning in person, as well as a glass roof option that won't be available for the rest of production. As usual, Carroll Shelby was on hand to send the car off, reminding buyers why they are paying this much money for a Mustang. All the proceeds from the sale went to the Juvenile Diabetes Research Foundation, so it's all for a good cause.
