The original 1968 Shelby Cobra GT500KR was based on the 1968 Shelby GT500. The 'Cobra' was added by Ford to help initiate the beginning of the new performance era. Cobra refers to the 428 Cobra Jet V8, the engine which vaulted Mustang to the head of the pack.
The Shelby Mustang GT500KR will be produced in an exclusive run of 1000 cars and will start appearing in Ford dealerships late in 2008. Robert Parker, manager of the Ford car brand says "The return of the Shelby GT500KR further establishes Mustang as the true king of the pony car segment".
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