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  • All GT500 CODE RED Mustangs for 2020-2022 have been reserved.

Package MSRP Starting from


Package limited to 10 units per MY, 2020-2022 GT500
"Pricing does not include base GT500"
  • 1000+ HP / 780 TQ. on 93 Octane Pump Gas
    1300 HP / 1000 TQ. on E85 Ethanol
Contact Shelby Sales Team


Shelby GT500 CODE RED

CODE RED is far more than just a drivetrain upgrade. It also features the widebody package with new wheels, tires, axles, suspension tuning, interior, badges, carbon fiber hood, and more. Shelby American has spent countless hours testing the car. Both LaViolette (chief test driver) and Patterson (senior test driver) worked hard to refine and tame CODE RED


Powertrain Features

    • • Xona 7869S Dual Ball Bearing Turbos
    • • Stainless Steel Tial Vband Exhaust Housings
    • • PTP Titanium Turbo Blankets
    • • PTP Titanium Turbo Manifold Blankets
    • • Tial MVS Wastegates
    • • Custom High Flow Air Filters
    • • 3" Stainless Steel Turbo Downpipes
    • • Stainless Steel Tubular Turbo Headers with Billet Collectors and Merges
    • • 3" Stainless Active Exhaust
    • • ARP Header Bolt Kit
  • • Engine Upgrade
    • • Custom Manley Pistons 10.5:1 CR
    • • Manley I Beam Rods
    • • ARP Main Studs
    • • ARP Head Studs
    • • Oil Squirter Block Offs
    • • PAC Valve Springs
    • • Ferrea Competition Valves
    • • HD Secondary Timing Chains
    • • NGK Spark Plugs
    • • Billet Anodized Coil Cover Set with Shelby Logo
  • • Intake and Intercooler System
    • • FATHOUSE PERFORMANCE Intake Manifold/ A2W Intercooler
    • • FATHOUSE PERFORMANCE Billet Throttle Body Adapter and Coupler
    • • FATHOUSE PERFORMANCE Ice Tank with Reservoir
    • • Coated Aluminum Intercooler Piping
    • • Tial Blow Off Valve
    • • Upgraded Heat Exchanger
    • • Custom Turbo Scavenge System
    • • FATHOUSE PERFORMANCE Race Oil Catch Can
    • • FATHOUSE Valve Cover Adapter Fittings
    • • BMRS High Temp Polymer Hose Plumbing
  • • Fuel System
    • • ID1300x Injectors
    • • Billet Fuel Rails
    • • Return Style Fuel System
    • • BMRS Line Kit
    • • Fore fittings, Fuel Pressure Reg, and Fuel Filter
    • • Upgraded fuel pumps
  • • MoTeC M150 Engine Management Package:
    • • MoTeC M150 ECU
    • • Plug and Play Mil-Spec Wiring Harness
    • • Power Adjustment via Factory Drive Mode Controls (650hp-1200hp)
    • • Advanced Traction Control (9 Different Levels)
    • • Boost-by-Gear
    • • Rolling Anti-Lag
    • • Flex Fuel 93/E85 System Automatically Adjusts Power Based on Ethanol Content
    • • Ghost Cam Feature (Activated in Drag Mode)
    • • Advanced Launch Control
    • • Engine Protection Features
    • • Level 3 Advanced Data Logging (Captures Data Automatically)

Performance Features

  • • SHELBY Widebody package
  • • Performance half-shafts
  • • Ride-height adjustable front and rear springs
  • • Ford Performance front and rear sway bars
  • • MagneRide® suspension recalibration
  • • Caster camber plates
  • • SHELBY forged aluminum wheels
    • • One-piece 6061-T6 forged aluminum
    • • 20x11 front
    • • 20x13 rear
  • • Performance spec 305/30/20 front tire
  • • Performance spec 335/30/20 rear tire
  • • Extended and hardened wheel studs

Exterior and Interior features

  • • Shelby carbon fiber hood
  • • Carbon fiber front splitter
  • • Carbon fiber rear diffuser
  • • Carbon fiber pedestal wing
  • • Shelby rocker panels
  • • Carbon fiber rocker wings
  • • Billet engine caps
  • • 60th Anniversary Badging (2022 MY only)
  • • Code Red badging
  • • Leather seat recovers
  • • Shelby rocker stripes
  • • CSM numbered engine and dash plate
  • • Embroidered floor mats
  • • Door sill plates
  • • Rear seat delete and harness bar

Optional Features

  • • Le Mans style over the top stripes
  • • Painted stripes


The design team took the interior of the CODE RED to another level. The terms "menacing" and "unique" were used when the team signed off on design. The factory recovers are a quality all leather construction, and inspire confidence by keeping the driver comfortably planted. The interior also features a harness bar and rear seat delete completing the performance esthetic.

Carbon Fiber Body Componants
CODE RED features a plethora of Shelby designed carbon fiber body componants including a large front splitter, open rear diffuser, wide body side rocker wings, rear wing spoiler and vented hood. Every piece designed with performance in mind and manufactured with light weight, strong carbon fiber.

The CODE RED powertrain swaps the already elite supercharged 5.2L V8 with a twin turbo system boasting 1,300 horsepower and 1,000 foot pounds of torque on E85. The system also runs on 93 octane pump gas pushing 1,000 horsepower and 780 foot pounds of torque.


What does Shelby do

Inspired by an experimental build in 2008 along side customers who wanted more performance from their already spectacular GT500, the CODE RED is designed to be the pinnacle of Shelby Mustangs. The GT500 CODE RED features a hand built twin turbocharged V8 pumping out up to 1,300 horsepower and 1,000 foot pounds of torque. In addition to the completely updated powertrain setup, each CODE RED Mustang receives suspension, cooling and aesthetic upgrades. The production run will be limited to 10 GT500s from each of the 2020-2022 production year, 30 units total.

For the first time in its history, Shelby has turned an experimental car into a limited edition production vehicle. Famous "EXP" experimental cars have included the Green Hornet, Little Red and the 2008 twin turbo CODE RED. Shelby's '67 GT500 Super Snake had a 427-race engine while the Green Hornet was an experimental '68 hardtop used to test fuel injection and independent rear suspension. The 1967 Little Red had twin superchargers and a host of other innovations.

In 2008, Shelby American replaced the supercharger of a GT500 with a pair of turbos on the experimental CODE RED Shelby GT500. The then 5.4-liter V8 re-engineered by Nelson's Racing Engines had a dual-feed fuel system that blended in high-octane racing gas as needed. Shelby enhanced the cooling capacity to handle the heat and worked with AMS to develop a speed-sensitive boost controller for the car. Along the way, the drive train was reworked and many performance improvements and features were added. However, the high cost of the car and its extreme nature made it not viable for production.

For the new production ready 2020-2022 CODE RED, Shelby worked closely with partners to develop a robust, powerful and reliable package. The 5.2L engine now features all-new high-performance components boosted by an intercooled premium twin turbo system, a new fuel system, engine management system and more. CODE RED boasts 1,000+ horsepower and 780-foot pounds of torque on 93 octane pump gas with up to 1,300 horsepower and 1,000-foot pounds of torque on E85 Ethanol.

The current generation GT500 CODE RED is far more than just a drivetrain upgrade. It features the widebody package with new wheels, tires, axles, suspension tuning, interior, badges, carbon fiber hood, and more. Each Shelby GT500 Code Red includes membership in Team Shelby, the worldwide club Carroll Shelby established in 2008, and will be documented in the official Shelby Registry. The package MSRP starts at $224,995, not including the base car. Production has begun in Las Vegas and owners of 2020- 2022 model year Shelby GT500s can contact Shelby American about transforming their car into a CODE RED edition.



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Please note: Vehicle is off-road only. Package voids all manufactures warranties. HP ratings based on use of 93-octane or E85 fuel. Shelby retains all take-off parts (CFTP wheels returned to customer at customer's expense). Only 2022 MY vehicles receive 60th anniversary badging. “CFTP” is “carbon fiber track pack”. Vehicle transportation is responsibility of the customer, FOB Las Vegas, Nevada. International customers should check for import restrictions. SHELBY®, SHELBY GT®, GT500®, GT350®, SUPER SNAKE® and SHELBY AMERICAN™ are registered trademarks and/or the tradedress of Carroll Shelby and Carroll Shelby Licensing, Inc. (Shelby).



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