Review
  • Blog
  • 2017 — 2023, VI Facelift
  • FORD SHELBY GT500 CODE RED #001, 2021

Barrett-Jackson

Driving 20 years

FORD SHELBY GT500 CODE RED #001, 2021

Ford Mustang VI Facelift

Ford Mustang VI Facelift
76 views

$440,000 USD | Sold

This 2021 Ford Shelby GT500 Code Red is CR0001 produced for the model year. This Code Red was the prototype, with serial number 0001. It took over two years to build and is powered by a hand-built twin-turbocharged 5.2-liter V8 engine. This Code Red boasts more than 1,000hp and 780 ft/lbs of torque on 93-octane pump gas, with up to 1,300hp and 1,000 ft/lbs of torque on E85 Ethanol. The engine features all-new high-performance components boosted by an intercooled premium twin-turbo system, a new fuel system and an engine management system.

The current-generation GT500 Code Red is more than just a completely updated powertrain setup, as each Code Red received suspension, cooling and aesthetic upgrades. It features the Widebody Package with new wheels, tires, axles, suspension tuning, interior, badges and a carbon-fiber hood. For the first time in its history, Shelby turned an experimental car into a limited-edition production vehicle. This example was inspired by an experimental build in 2008, alongside customers who wanted more performance from the GT500. In 2008, Shelby American replaced the supercharger of a GT500 with a pair of turbos on the experimental Shelby GT500 Code Red.

The then-5.4-liter V8 was reengineered by Nelson's Racing Engines with a dual-feed fuel system that blended in high-octane racing gas, as needed. Shelby enhanced the cooling capacity to handle the heat and worked with AMS to develop a speed-sensitive boost controller for the car. Along the way, the drivetrain was reworked and many performance improvements and features were added. However, the high cost of the car and its extreme nature made it not viable for production. For the new production-ready 2020-22 Code Red, Shelby worked closely with partners to develop a robust, powerful and reliable package.

Production began in Las Vegas, and owners of 2020-22 model year Shelby GT500s could contact Shelby American about transforming their car into a Code Red Edition. The production run was limited to 10 GT500s from each of the 2020-22 production years, or 30 units total. Each Shelby GT500 Code Red included membership in Team Shelby, the worldwide club Carroll Shelby established in 2008, and the car was documented in the official Shelby Registry. This package's MSRP started at $224,995, not including the base car. 589 actual miles.

CARFAX shows Ford Motor Company manufacturer emission recall issued 08/04/2022: 2020-2021 Mustang GT500 TCM Communication; Ford Motor Company manufacturer safety recall issued 10/30/2023: Body Control Module (BCM) configuration update.

https://www.barrett-jackson.com/scottsdale-2025/docket/vehicle/2021-ford-shelby-gt500-code-red-001-281909


Ford Mustang

VI Facelift 2017 — 2023

5

2 reviews

Similar posts

  • Purchase

    FORD SHELBY GT500, 2021

    $93,500 USD | Sold This 2021 Ford Shelby GT500 wearing Shelby Chassis No. M3393 is powered by a supercharged 5.2-liter V8 engine rated at 760hp, paired with a Tremec 7-speed dual-clutch transmission w


  • Purchase

    Ford Mustang Shelby GT350 Coupe, 2020

    Chassis No.: 1FA6P8JZ7L5551220 • Body: Coupe • Mileage: 1,200 mi • • 5.2L TI-VCT V8 Engine • • 6 Speed Manual Transmission • • Race Red Exterior • • Air Conditioning • • Power Steering, Brakes, Window


  • Purchase

    FORD SHELBY GT500 HERITAGE EDITION, 2022

    $176,000 USD | Sold This 2022 Ford Shelby GT500 Heritage Edition pays homage to the original 1967 Shelby GT500 created by Carroll Shelby. This GT500 is showroom fresh and is one of roughly 255 Heritag


  • Purchase

    Ford Shelby GT500, 2021

    Chassis No.: 1FA6P8SJ7M5503100 Registration: US Title Location: Phoenix, Arizona $140,000 USD | Sold • Proceeds to be donated by Long McArthur Ford of Salina, KS to benefit the newly established “The


  • Purchase

    FORD SHELBY GT500, 2020

    $93,500 USD | Sold Engineered as the pinnacle of American muscle, the 2020 GT500 can rip through the quarter-mile in 10.6 seconds, hit 60 mph in 3.3 seconds and reach a limited top speed of 180 mph. P


  • Ford Mustang GT Convertible: Pure Dubai Thrills

    My Ford Mustang GT convertible is the most impractical and most fun thing I own. That 5.0-liter V8 roar is pure joy, especially on an open highway like the one to Abu Dhabi. Cruising with the top down


  • Purchase

    FORD SHELBY GT500, 2020

    $132,000 USD | Sold This 2020 Ford Shelby GT500 is finished in Iconic Silver and bares chassis #L0784. It's in great condition with 13 actual miles on the odometer. This vehicle was ordered with every


  • Purchase

    FORD MUSTANG GT CUSTOM COUPE, 2018

    $37,400 USD | Sold This custom 2018 Mustang GT was featured at SEMA as a build by Borla. It's powered by a 5.0-liter V8 engine coupled to a 6-speed manual transmission, and is finished in black with a


  • Purchase

    FORD MUSTANG GT CUSTOM FASTBACK, 2017

    $50,600 USD | Sold This custom, one-of-a-kind Mustang GT was built as a joint project by KAO Autostyling and Forgiato wheels. Using the best-of-the-best parts and many one-of-a-kind items designed by


  • Purchase

    FORD SHELBY GT500 KR 60TH ANNIVERSARY EDITION, 2020

    $187,000 USD | Sold This 2020 Ford Mustang Shelby GT500KR 60th Anniversary Edition was optioned with the carbon-fiber track pack and Technology Package. It was then sent to Shelby American to be fitte


  • Overview

    Ford Mustang Shelby GT500 (MK VI facelift) specs

    Ford Mustang Shelby GT500 (MK VI facelift) specs • Price in Europe: €128,100 - €129,900 • Car type: Coupe • Origin country: United States • Engine: Supercharged V8 • Displacement: 5.2 l (315 ci / 5163


  • Purchase

    FORD SHELBY GT500, 2020

    $126,500 USD | Sold This 2020 Ford Shelby GT500 is one of 5,000 limited production vehicles. It has not been dealer-prepped and is still in the wrapper, with factory plastic and factory stickers still


  • Purchase

    FORD SHELBY GT500 SUPER SNAKE WIDEBODY PROTOTYPE, 2017

    $146,300 USD | Sold This 2017 Ford Shelby Super Snake widebody prototype is powered by a supercharged 5.0-liter Coyote V8 engine producing 750hp, featuring a Shelby-Whipple supercharger and Borla cat-


  • Purchase

    FORD SHELBY GT500 HENNESSEY VENOM 1000 CUSTOM COUPE, 2021

    $121,000 USD | Sold This custom 2021 Ford Shelby GT500 Hennessey Venom 1000 is powered by a 5.2-liter supercharged V8 with Hennessey Venom 1000 upgrades rated to approximately 1,000bhp at 7,000 rpm an


  • Purchase

    FORD MUSTANG GT CUSTOM COUPE, 2019

    $58,300 USD | Sold This custom 2019 Ford Mustang GT was built by KAO Autostyling as a showpiece for the 2018 SEMA Show using the available parts and many one-of-a-kind items that debuted at the show.


  • Purchase

    FORD SHELBY GT500 HERITAGE EDITION, 2022

    $118,800 USD | Sold This final-year 2022 Ford Shelby GT500 Heritage Edition is powered by a supercharged 5.2-liter V8 engine mated to a TREMEC 7-speed dual-clutch automatic transmission. It has the He