Shelby Mustang replica build license granted
Florida-based Revology Cars has announced that it secured a license to produce replica classic Shelby Mustangs.
Revology's production facility in Orlando opened earlier this year to make licensed replicas for the classic 1960s Mustang.
Owner Tom Scarpello, a former Ford and Nissan executive, had earlier this year hinted that the Shelby was among the next models he was pursuing and he confirmed the agreement at the weekend.
READ MORE: Fancy a brand new 1964 Ford Mustang?
Revology's Shelby license is for limited replica production of the 1966 GT350 and GT350H. The first Shelby replicas should be ready by mid-2016.
Revology has only completed one prototype so far, a replica of the 1964 1/2 Mustang, but it has at least three more in production now. Scarpello says he has orders for about 20 classic Mustang replicas.
The replicas use bodies from Dynacorn, which are made for renovations, but Revology includes modern technology to improve performance, fuel economy, safety, and comfort, Scarpello says. The cost for the new replicas is about US$135,000 (NZ$207,000).
Scarpello says the original Shelby Mustangs were essentially race cars for the street, with unassisted steering and brakes, and lacking creature comforts such as air conditioning or power windows - things that the replicas will include.
Production on the first Shelby order will start in the next few weeks, Scarpello said.
Shelby Mustang is named for Carroll Shelby, who first became famous for designing Cobras for British automaker AC, with Ford engines.
Neil Cummings, CEO of Carroll Shelby Licensing, called Revology's business "fresh and innovative," in a news release.