The 2020 Ford Mustang Shelby GT500 marks a rebirth of sorts for the top model. In addition to being a straight line bullet, it can also confidently romp around a race track.

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Powering the new GT500 is a 5.2-liter supercharged V8 engine making 760 horsepower and and 625 pound-feet of torque.

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Routing power to the rear wheels is a seven-speed dual-clutch transmission.

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Ford says the top Shelby model can hit 60 mph in 3.3 seconds and cover the quarter-mile in 10.7 seconds.

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The GT500's top speed is electronically limited to 180 mph. 

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Fuel economy is a GT500 weak point returning an EPA-estimated 12 miles per gallon in the city and 18 mpg on the highway.

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To improved track capabilities further, an optional Carbon Fiber Track Package adds improved aero, carbon fiber wheels wrapped with Michelin Pilot Sport Cup 2 tires and adjustable strut top mounts.

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On the inside, the Track Package adds Recaro seats and carbon fiber dash trim.

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An active exhaust system comes standard on the GT500 with Quiet, Normal, Sport and Track modes.

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The 2020 Ford Mustang Shelby GT500 begins at $74,095, including $1,195 for destination and $2,600 gas guzzler tax.

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