A few days ago, a rumor popped up that the next-generation Ford Mustang would drop the "Shelby" moniker and that Ford would revive the famous "Cobra" name. Now it appears that those rumors weren’t completely true, as a source within Ford informed Mustangs Daily that the Shelby name will not disappear; rather, it will morph…
The details suggest that the current Shelby GT500 will be replaced by a new Shelby GT350 model. The GT350 will arrive about one year after the next-gen Mustang debuts, making it a 2016 model.
Unlike the current GT350, which is nothing more than an aftermarket package available directly from Shelby, the next GT350 will be an official Ford factory model.
Additionally, do not GT350 to deliver the same outlandish performance figures as the GT500. Don’t start pouting just yet, as Ford is not planning the GT350 to be simply a badge-filled model. Like the original GT350, rumors point toward the new one being a stripped down model with some extra pop under the hood. This will tick off a few check boxes on the Mustang’s list of goals: a more powerful above the GT, a direct competitor to the new Z/28 and a more affordable Shelby model.
Alongside the revived GT350, the new Mustang will also revive the Mach 1 nameplate, which last saw some use in 2003 and 2004. The new Mach 1 will arrive on the market sometime in 2017.
Click past the jump to read more about the next generation Ford Mustang.