The current Mustang will have a shortened 2023 model year before finally bowing out to make way for the redesigned 2024 Mustang that was unveiled on Wednesday at the 2022 Detroit auto show.1111
Ford hasn’t said when production of the current car will cease, though we know the redesigned car arrives next summer.
Speaking to Muscle Cars and Trucks, Jim Owens, Ford Performance’s marketing manager, said Ford was still busy catching up building 2022 Mustangs due to various production setbacks in the past year, and that there was still plenty of demand for the current car.
While there’s a good chance the Shelby GT500 (and the GT350) will return, there might be a gap of several years as the Mustang’s Shelby variants aren’t typically available at launch.2222
It means if you’ve been planning to buy a Shelby GT500, now would be the time to act.
It will share a 5.0-liter V-8 with the Mustang GT but see power rise to around 500 hp.