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Ford planning new Mustang Shelby GT500 for 2026, according to report

Ford just pulled back the curtain on the seventh-generation Mustang last week, and we’re already learning about upcoming performance variants. Ford Authority reported that the current Mustang Shelby GT500 will depart after 2022, only to return in 2025 as an all-new 2026 model.

The 2022 GT500 sports a supercharged 5.2-liter V8 that delivers 760 horsepower. Ford said the 2024 Mustang GT would get the highest-horsepower 5.0-liter engine it’s ever offered for the car, so expectations for the new GT500 are high. Other upgrades will likely include revised suspension, new drivetrain tech, and loads of carbon fiber components.

Ford seems to be taking the S650 Mustang as an opportunity to bring incremental improvements that keep the car relevant as its rivals are expected to go electric. Initial rumors pointed to a hybrid variant with electric motor-driven all-wheel drive, but that didn’t materialize in Ford’s reveal. What we did get is a refinement of the formula we’ve known for decades, with more power and a massively improved interior.

The Blue Oval will also push the new pony car into motorsports venues it hasn’t seen before. Ford confirmed that it would send a crew of Mustang GT3 cars to Le Mans, and the upcoming Mustang Dark Horse will be available in track-only configurations. Multimatic will build GT3 and GT4 cars for Ford, and early details show a modified Coyote-based 5.4-liter V8 powers the GT3 variant.

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