The Ford Shelby GT 500KR was introduced at the 2007 New York International Auto Show and released to the public in spring 2008. This 40th Anniversary special edition is powered by a 5.4-liter, 540-hp supercharged V-8 version of the base GT 500 engine with functional Cold Air Intake and unique calibration. SVT and Shelby announced that 1,000 40th Anniversary Editions would be produced for the U.S. in 2008, with another 571 units in 2009. This 1,571 production run matches that of the original 1968 GT 500KR. In total, 1,712 units were produced, with the others going to export markets and military sales.

All KRs were built by AutoAlliance International on the normal Mustang production line and then shipped to Shelby Automobiles, Incorporated (SAI) where final assembly was concluded. Shelby American is the manufacturer of record.

The car on offer is well-documented, finished in Vista Blue with Black with Black leather trim interior and has only travelled 969 actual miles. The list of standard features on this anniversary car is impressive. The powerful engine is mated to a six-speed Tremec manual transmission with a Ford Racing short-throw shifter and shifter ball; additionally there is SVT tuned suspension, Brembo four-wheel disc brakes with ABS, traction control, dual tuned stainless steel X-pipe exhaust, 18-inch forged aluminum Shelby GT 500KR wheels, Goodyear Eagle F1 high performance tires, airbags, unique Shelby GT 500 badging, LeMans top stripes, GT 500 side stripes, rear deck spoiler, foglamps, rear window defroster and air conditioning for starters.

Shelby-specific carbon fiber elements include the hood with functional intakes and extractors, front aero splitter and mirror caps. Other Shelby identifiers are found with Shelby GT 500KR engine fluid caps, fender and grille emblems, Carroll Shelby signature headrests and Shelby CSM numbered badges that include a aluminum dash plaque and an engine compartment plate.

Optional equipment on this like-new vehicle comprises the Shelby GT 50KR package itself, Sirius satellite radio, GT 500 Premium Trim Package, Shaker 1000 audio system and ambient lighting.