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112 BARRETT-JACKSON EXPERIENCE FALL 2024THE SHELBY GT500 CODE REDTAKES EXTREME TO A NEW LEVELRED ALERTFrom the 1960s to today, the muscle car market has attracted tuners and small manufacturers eager to take these performance machines one step beyond what the factory ever envisioned. The names are written in automotive history: Yenko, Royal Pontiac, Dana, Hurst, Mr. Norm, Saleen %u2013 and, of course, Shelby American, which put the Mustang on the performance map with the Shelby GT350 Mustang in 1965.Shelby is still brewing up Mustangs with capabilities far beyond anything that ever rolled off a Ford Motor Company assembly line. Arguably the most extreme of these modern-day super cars was the Shelby GT500 Code Red, based off the 2020-2022 Ford Shelby GT500. The Code Red Shelby reached levels of performance that can only be classified as three, maybe four steps beyond anything the factory ever attempted. On 93 octane pump gas they produced 1000+ horsepower, and on E85 ethanol delivered 1,300 horsepower.These cars are extreme in their rarity as well, with production limited to only 10 cars from each of the 2020-22 model years. One of those 2020 Ford Shelby GT500 Code Reds will be offered with No Reserve at Barrett-Jackson%u2019s Scottsdale Fall Auction. The Code Red program originated with an experimental build in 2008. Shelby swapped out the supercharged 5.4-liter V8 in a GT500 for a hand-built twin-turbo engine with enhanced cooling capacity and strengthened drivetrain. The 2008 experiment was never put into production, but the idea lived on, and when the capable 2020 GT500 arrived, the Code Red was given a new lease on life.