The 2022 Mustang Shelby Gt500 CODE RED represents the zenith of Shelby Mustang performance, evolving from an experimental project into a limited-edition production marvel. Inspired by a 2008 initiative where Shelby collaborated with customers seeking even greater power from their GT500s, the CODE RED is engineered to be the ultimate expression of Mustang capability. This beast boasts a hand-built, twin-turbocharged V8 engine, delivering up to an astonishing 1,300 horsepower and 1,000 lb-ft of torque. Beyond just raw power, the GT500 CODE RED incorporates significant upgrades to the suspension, cooling systems, and aesthetics, creating a comprehensively enhanced driving experience. Production is strictly limited to just 30 units, with only 10 GT500s from each of the 2020-2022 production years being transformed into this exclusive edition.
For the first time in Shelby American’s storied history, an experimental vehicle has transitioned into a production model, albeit in a highly exclusive run. Shelby’s “EXP” series of experimental cars are legendary, including iconic vehicles like the Green Hornet, Little Red, and the original 2008 twin-turbo CODE RED. These experimental models have long served as testbeds for innovation. For instance, the ’67 GT500 Super Snake featured a 427 race engine, while the Green Hornet, a ’68 hardtop, was utilized to experiment with fuel injection and independent rear suspension technologies. Similarly, the 1967 Little Red pushed boundaries with twin superchargers and numerous other groundbreaking features.
The lineage of the CODE RED can be traced back to 2008, when Shelby American boldly replaced the supercharger of a GT500 with a twin-turbo system for an experimental CODE RED Shelby GT500. This pioneering project saw Nelson’s Racing Engines re-engineer the then 5.4-liter V8, equipping it with a dual-feed fuel system capable of injecting high-octane racing fuel as needed. To manage the immense heat generated, Shelby significantly enhanced the cooling capacity and partnered with AMS to develop a speed-sensitive boost controller. The drivetrain underwent substantial modifications, incorporating numerous performance enhancements. However, the original CODE RED’s extreme nature and high development costs prevented it from reaching production.
The new 2020-2022 CODE RED iteration benefits from Shelby American’s close collaboration with key partners to create a production-ready package that is not only immensely powerful but also robust and reliable. The upgraded 5.2L engine now features cutting-edge high-performance components, headlined by a premium intercooled twin-turbo system. Complementing this are a completely redesigned fuel system, an advanced engine management system, and further undisclosed enhancements. On readily available 93 octane pump gas, the CODE RED delivers over 1,000 horsepower and 780 lb-ft of torque. When fueled with E85 Ethanol, this output escalates to a staggering 1,300+ horsepower and 1,000 lb-ft of torque, pushing the boundaries of Mustang performance.
The 2022 GT500 CODE RED package is a comprehensive transformation extending far beyond just powertrain upgrades. It incorporates a widebody kit, necessitating new wheels, tires, axles, and suspension tuning to manage the enhanced power and wider stance. Interior enhancements and unique badging further distinguish the CODE RED, while a carbon fiber hood reduces weight and adds to the aggressive aesthetic. Each Shelby GT500 Code Red owner receives a membership to Team Shelby, the global club founded by Carroll Shelby in 2008, and each vehicle will be meticulously documented in the official Shelby Registry, solidifying its exclusivity and collectibility. The package MSRP starts at $224,995, and this price is exclusive of the base car. Production is currently underway in Las Vegas, and owners of 2020-2022 model year Shelby GT500s interested in transforming their vehicles into a CODE RED edition are encouraged to contact Shelby American to explore this unparalleled upgrade opportunity.
