Introduced at the 2003 New York International Auto Show, the GT500 uses a 5.4 L (330 CID) Modular 500 hp (370 kW) supercharged V8. Features include the Tremec TR-6060 6-speed manual transmission, suspension tuning, a body kit, and 18 inch wheels. A collaboration of Ford’s Special Vehicle Team (SVT) and Carroll Shelby, the GT500 was produced in limited quantity for three years (approximately 10,000 units per year) on the line at Ford’s Flat Rock, Michigan assembly facility.
Ford’s Special Vehicle Team (SVT) also released a small series (687 units) of GT500 using the S/C from Saleen. These cars had the 5.4L engine and were equipped with a 3.55:1 final drive. The GT500 has 500 hp (373 kW) @ 6000 rpm and 480 lb·ft (650 N·m) of torque @ 4500 rpm.