Carbon fiber Shelby GT500CR Mustang starts at $298K, made by hand

No one will ever need to worry about rust on this highly valuable muscle car.

For collectors and racers who wish to re-create the best of the past, well, it’s happening.

The carbon fiber Shelby GT500CR Mustang concept car has officially gone into production as of Thursday. Only 25 of the vehicles will be made per year, at a starting price of $298,000 each. Designers will take 12 to 18 months to assemble the made-to-order classic known for its speed and design.

The price point is competitive. A carbon fiber Lamborghini, McLaren, Ferrari and Aston Martin all easily exceed $200,000.

Classic Recreations has moved the 1967 Shelby GT500CR from a carbon fiber concept car into production.  It starts at $298,000.  The car will be powered by a Stage 2 Whipple supercharged Ford 5.0L Coyote engine mated to a Tremec six-speed manual transmission.

Each new carbon fiber Shelby requires an estimated 2,500 hours to build.

“This is like taking a 1960s muscle car to NASA and having the space program bring it into the 21st century,” Jason Engel, co-owner and lead designer of the company crafting the cars, Dallas-based Classic Recreations, told the Free Press .

Never before has a Shelby Mustang been made of carbon fiber, the material that’s used to make spacecraft, airplanes, sailboat masts and even outrigger canoes. Carbon fiber is known for its high strength, low weight and temperature tolerance.

Buyers of these kinds of vehicles traditionally have been mostly male entrepreneurs, pro-athletes and car collectors, Engel said.

Women who collect tend to be CEO types, he said. “One of them I sold to in the past, from a famous shoe company you’ve seen in many stores, I can’t mention the brand, she was super awesome. Another woman won the lottery.”

Jason Engel, co-owner and lead designer at Classic Recreations based in Dallas, in Yukon, Oklahoma in 2018.

This car is now available to order and already attracting serious interest.

One new buyer for the Shelby GT500CR is an engineer who works in research and development, and he likes to “track cars” with his business partners, said Bryan Stone, a partner in Classic Recreations.

“So he wants a high performance carbon fiber vehicle over 1000 horsepower. That customer has specified that he wants to be sure when he goes into a sustained turn on the racetrack, which increases the G-force, that oil would not crawl away from the oil sump.”

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