In the year 2011 the Shelby GT500 will lose 102 lbs and gain 10HP via an all-aluminum 5.4-liter supercharged V8. That’s 550 HP and 510 lb-ft of torque with 80 percent of the juice available between 1,750 and 6,250 rpm.

Ford hopes the lighter, more powerful beer can engine will drop the guzzler tax from the coupe with expected fuel economy of 23-MPG highway and 15-MPG city. From Jalopnik:

“It's almost like taking an entire passenger out of the cabin and yeah, it'll probably have an impact on steering feel, track performance and overall balance in the notoriously nose-heavy GT500.”

Speaking of track performance, the 2011 GT500 will come with an available SVT Performance Package that includes Goodyear EagleR F1 SuperCar G: 2 tires designed specifically for the Shelby, lighter wheels, stiffer springs, and a higher rear axle ratio. The package is said to shave an average of 3 seconds off trips around a 2.3-mile track. 

Other hot options include the glass roof currently offered on lower level Stangs, standard HID headlights and MyKey. RrrrrrRRRRRRrrrrrr!!  

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