Ford Shelby GT350 Mustang Revs Up 2014 Los Angeles Auto Show

DEARBORN, Michigan — The all-new Ford Shelby GT350 Mustang, complete with what Ford calls its most powerful naturally aspirated production engine ever, was unveiled on Monday ahead of the 2014 Los Angeles Auto Show.

Ford spokesman Brian Cotter told Edmunds that the model-year designation, on-sale date and pricing are not available at this point.

But Mustang enthusiasts should be pleased with the performance offered by the new top pony car. Although exact specifications weren't revealed, Ford said the new 5.2-liter V8 engine will crank out more than 500 horsepower and more than 400 pound-feet of torque.

"The new 5.2-liter engine is the first-ever production V8 from Ford with a flat-plane crankshaft, an architecture typically found only in racing applications or exotic European sports cars," said Ford in a statement. "Unlike a traditional V8, where the connecting rods are attached to the crankshaft at 90-degree intervals, this design evenly spaces all crank pins at 180-degree intervals."

Jamal Hameedi, Ford Global Performance Vehicles chief engineer, describes the latest Mustang as "an American interpretation of a flat-plane crankshaft V8."

The engine is linked to a six-speed manual transmission.

The Shelby GT350 Mustang also marks the first Ford application of continuously controlled MagnaRide dampers, which the automaker said are "designed not just to make the car handle better, but to instill greater confidence in even the best driver."

Other details include special 19-inch aluminum-alloy wheels with Michelin Pilot Super Sport tires.

The new aluminum hood on the GT350 has been lowered and sloped compared to the base Mustang. The cabin features special Recaro sport seats with unique cloth, upgraded gauges and a flat-bottom steering wheel.

The Shelby 350 Mustang is a tribute to the late Carroll Shelby, the American icon who transformed the Mustang into a road racer. The original Shelby GT350 was introduced in 1965.

Key competitors to the Shelby GT350 Mustang include the Dodge Challenger SRT8 392 and the Chevrolet Camaro ZL1.

Edmunds says: Car shoppers should expect to see the Shelby 350 Mustang in their Ford dealer's stable in relatively short order.