The Shelby GT500 Code Red is a Shelby American twin-turbo conversion for 2020–2022 Shelby GT500 donor cars. Shelby claims output of 1,000+ horsepower on 93-octane gasoline and up to 1,300 horsepower on E85; the donor car is not included in the currently listed $224,995 starting package price. Shelby describes the package as off-road only and says it voids the manufacturer warranty, so it should not be presented as a street-legal, emissions-compliant conversion.
What is the Shelby GT500 Code Red?
Code Red is a full conversion package, not just a turbo kit or software tune. Shelby replaces the GT500’s factory supercharger with a hand-built twin-turbo system for its 5.2-liter V8 and lists engine, fuel-system, cooling, suspension, braking, axle, styling, wheel, tire, and interior changes as part of the package. The exact configuration and current availability should be confirmed with Shelby American.
Shelby connects the production car to an experimental twin-turbo Code Red from 2008, which the company said was not viable for production at the time. The modern conversion was announced in 2022.
How much horsepower does the Code Red have?
Shelby publishes fuel-dependent output figures: 1,000+ horsepower and 780 lb-ft of torque on 93-octane gasoline, and up to 1,300 horsepower and 1,000 lb-ft on E85. These are Shelby’s claims, not figures independently verified in the research for this article.
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| Fuel | Shelby-published output | Shelby-published torque |
|---|---|---|
| 93-octane gasoline | 1,000+ hp | 780 lb-ft |
| E85 | Up to 1,300 hp | 1,000 lb-ft |
Source for all figures in the table: Shelby American, 2022 announcement and current Code Red product page. No independent performance test or matched comparison with other cars was established in the research.
What does the conversion include?
Shelby’s listed package scope extends beyond forced induction. It includes the twin-turbo system and changes to the engine and fuel system, plus cooling and suspension work, braking changes, axles, widebody components, wheels and tires, carbon-fiber body pieces, styling, and interior details. Consult Shelby’s current product information for the exact package specification rather than assuming every car has identical options.
How many Shelby GT500 Code Reds were made?
Shelby announced a production plan of 10 cars for each of the 2020, 2021, and 2022 GT500 model years, or 30 total. That is the announced limit; it does not by itself establish that all 30 were completed. Shelby’s current product page says reservations for those model years are filled and directs interested customers to its sales team about an alternate list.
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Source: Shelby American, 2022 announcement and current Code Red product page.
How much does a Shelby Code Red conversion cost?
Shelby’s current product page lists a starting package MSRP of $224,995, excluding the donor GT500. Shelby’s August 2022 announcement listed an original package MSRP of $209,995, also excluding the base car. These are figures from different official publications, not a confirmed transaction price; verify the current price and availability with Shelby American before making a purchase decision.
| Published figure | What it refers to | Source and date |
|---|---|---|
| $224,995 starting MSRP | Conversion package; donor GT500 extra | Shelby American product page, accessed 2026-10-05 |
| $209,995 MSRP | Announced conversion package; donor GT500 extra | Shelby American launch announcement, August 2022 |
Can you drive a Code Red on the street?
Shelby’s August 2022 announcement describes Code Red as “off-road only.” That published disclaimer means the package should not be described as generally street legal or emissions compliant. Registration and road-use rules vary by jurisdiction; buyers should check applicable requirements and ask Shelby about the specific vehicle and configuration.
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Shelby also says the package voids manufacturer warranties. Do not assume the original Ford warranty remains in force after conversion; confirm coverage and terms directly with Shelby and the relevant warranty provider.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Code Red vs. a standard Shelby GT500
The standard GT500 is a Ford-produced car with a factory supercharged 5.2-liter V8. Code Red is a substantially modified Shelby American conversion, with twin turbos and a broader set of listed changes. The comparison below uses Shelby-published figures and package information; it is not an independent test comparison.
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|---|---|---|
| Powertrain approach | Factory-supercharged 5.2-liter V8 | Shelby twin-turbo conversion of the 5.2-liter V8 |
| Published output in dossier | Not compared here | 1,000+ hp on 93-octane gasoline; up to 1,300 hp on E85, per Shelby |
| Package scope | Ford production vehicle | Engine, fuel, cooling, suspension, braking, axle, body, wheel, tire, and interior changes listed by Shelby |
| Price information | Not compared here | $224,995 starting package MSRP, donor car extra, on Shelby’s current product page |
| Use and warranty note | Not assessed here | Shelby’s 2022 announcement says off-road only and says the package voids manufacturer warranties |
Sources: Shelby American, 2022 announcement and current Code Red product page. The dossier does not establish matched independent testing or current transaction prices for competing variants.
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FAQ
How much horsepower does the Shelby GT500 Code Red have?
Shelby claims 1,000+ hp on 93-octane gasoline and up to 1,300 hp on E85. Shelby also lists 780 lb-ft and 1,000 lb-ft of torque, respectively.
How many Shelby GT500 Code Reds were made?
Shelby announced a limit of 10 cars per model year for the 2020, 2021, and 2022 GT500, for 30 total. That announced limit is not proof that all 30 were completed.
How much does a Code Red conversion cost?
Shelby’s current product page lists a starting package MSRP of $224,995, excluding the donor GT500. Its August 2022 launch announcement listed $209,995, also excluding the donor car; confirm current pricing with Shelby.
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Is the Shelby GT500 Code Red street legal?
Shelby’s 2022 announcement describes it as “off-road only.” Do not assume it is street legal or emissions compliant; check local requirements and the specific vehicle configuration.
Does the Code Red conversion keep the Ford warranty?
No warranty retention should be assumed. Shelby’s 2022 announcement says the package voids manufacturer warranties; confirm any available coverage and its terms directly with Shelby.
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