At the 2011 Chicago Auto Show, Shelby unveiled the limited edition 2012 Shelby GT350, which enters the new model year with two fresh color options and, for the first time since 1970, a convertible body style. Based on the Ford Mustang GT, the Shelby GT350 comes with three engine choices, including a base version with a naturally aspirated 430HP V8 mated to either a manual gearbox or an automatic transmission, and two supercharged variants delivering 525HP and 624HP.

The new color options are Race Red and Kona Blue, both with white Le Mans stripes, while the Performance White with blue Le Mans stripes combo continues for the 2012MY. Last but not least, the new GT350 convertible can be ordered with a light bar, while other options include a once piece drive shaft and color coordinated billet aluminum engine cap set.

“Last year, we brought back the GT350 45 years after it was launched,” said Carroll Shelby, founder of Shelby American. “They look and sound just like the ones we built in 1965. We’re repeating history by offering two additional colors and building a few convertibles for the second year of production.”

Prices, not including the donor Mustang GT, start from US$26,995 for the naturally aspirated version and US$33,995. The company said it plans to keep production limited to 350 units.

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