2012 Shelby GT350 unveiled at Chicago Auto Show wth two new colors and convertible model

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The Shelby GT350 post-title package returns for another go around in 2012 with two new colors (Red and Blue) and a convertible model added to the mix.  The 2012 Shelby GT350 will once again be a post-title package offered by Shelby American with a limited production of only 350 models.  Based off a 2012 Mustang GT the GT350 package will come with the same 430 HP normally aspirated, 525 HP supercharged and 624 HP supercharged versions offered from 2011.  The post-title packages start at $26,995 for the normally aspirated and $33,995 for the supercharged version which does not include the Mustang GT.  Check out all the photos and details after the jump…

Press Release:

Shelby American introduced the limited edition 2012 Shelby GT350 during the Chicago Auto Show. A convertible, the first since 1970, and two new body colors (red and blue) will be options for the 2012 model year. In addition, a limited production of 350 total 2012 Shelby GT350s will be built.

“Last year, we brought back the GT350 45 years after it was launched,” said Carroll Shelby, founder of Shelby American. “They look and sound just like the ones we built in 1965. We’re repeating history by offering two additional colors and building a few convertibles for the second year of production.”

Shelby American built 562 total GT350 fastback coupes in 1965; all were painted white with blue stripes. In 1966, Shelby added more color options for the hardtops. Four convertibles were also built; today they are among the most collectible Shelbys in the world.

“Delays in the delivery of the new five liter Mustang last year resulted in fewer 45th Anniversary GT350 coupes than expected in the 2011 model year,” added John Luft, president of Shelby American. “For the 2012 model year, we brought back the first GT350 convertible since 1970 and ramped up production to meet the expected demand. Our plan is to only build 350 total 2012 model year GT350s to maintain exclusivity and future collectability.”

The Shelby GT350 is a post-title program based on the Ford Mustang GT. The 2012 Shelby GT350 performance specs will be continued from the 2011 model year. Customers can choose a 430 HP normally aspirated, 525 HP supercharged or 624 HP supercharged version. An automatic transmission is optional with the normally aspirated engine, as well as a short throw shifter for the manual.

Color combinations for the 2012 Shelby GT350s include Performance White with blue LeMans stripes, Race Red with white LeMans stripes and Kona Blue with white LeMans stripes. The convertible will offer a new optional light bar; other options include a one piece drive shaft and color coordinated billet aluminum engine cap set.

“When it comes to performance of the current generation GT350, our team did a great job right out of the gate,” quipped Gary Patterson, vice president of operations at Shelby American. “The GT350 leaves its mark on the street that says ‘a Shelby was here.’ That’s why we’re packing the ’12 model with all the same performance as the 2011 Shelby’s.”

The Shelby GT350 post-title package starts at $26,995.00 (normally aspirated) and $33,995.00 (supercharged), not including the base car.