Ford Shelby GT's Spirit Returns in New Shelby GTS at New York International Auto Show

NEW YORK--April 21, 2011: Fulfilling the desire of Ford Shelby GT fans worldwide, executives with Shelby American Inc., a wholly owned subsidiary of Carroll Shelby International Inc. (Pink Sheets: CSBI) introduced today the new Shelby GTS post-title package for the 2011-2012 Ford Mustang at the New York International Auto Show. Available with either a V6 or V8, normally aspirated or supercharged, the Shelby GTS is the spiritual rebirth of the popular 2007-2008 Ford Shelby GT.

“It's even lighter and more nimble than the GT. And the V6 Shelby GTS makes about as much horsepower as the V8 in the Ford Shelby GT, but with better fuel economy at a lower price.”

"The Ford Shelby GT was introduced in 2007 as an agile, reliable and affordable muscle car," said John Luft, president of Shelby American Inc. "It dominated its SCCA racing class and was a popular canvas for enthusiasts to create their dream Shelby. Our Shelby GTS picks up that mantle and expands upon it with a choice of V6 or V8 power for a new generation of Shelby enthusiast who wants a car built just for them."

Ever since Ford introduced the 3.7L V6 and 5.0L V8 Mustang for the 2011 model year, the Shelby R & D team has been secretly developing the GTS package. Once the Shelby GT350 was finalized in both coupe and convertible versions, it accelerated the project. Working with partners at Ford Racing, Borla and Baer, Shelby American enhanced the car's suspension, coaxed more power out of the engine and firmed up the brakes.

"The V6 Mustang is a particularly good platform for the Shelby GTS," noted Shelby American vice president of operations Gary Patterson. "It's even lighter and more nimble than the GT. And the V6 Shelby GTS makes about as much horsepower as the V8 in the Ford Shelby GT, but with better fuel economy at a lower price."

The post-title package starts at $9,995.00, not including the base car. Superchargers and other options are available that allow buyers to personalize their dream Shelby. A limited number of the Shelby GTS will be built with reservations starting April 21; production is scheduled to begin in the fourth quarter of 2011.

Shelby American will also exhibit the 800 horsepower 2012 Shelby GT500 Super Snake, 2012 Shelby GT350 coupe and convertible at their booth, #1325. Those interested in a Shelby should call (702) 942-7325 or log onto www.shelbyamerican.com. Customers can build their dream Shelby online with the new 'Build-One' program at Shelby American Build Home.

About Shelby American, Inc. and Carroll Shelby Licensing

Founded by legend Carroll Shelby, Shelby American Inc., (Shelby American) manufactures and markets performance vehicles and related products. Shelby American is a division of Carroll Shelby International Inc. (CSBI.PK). Carroll Shelby Licensing Inc., also a wholly owned division, is the exclusive holder of Carroll Shelby's trademarks and vehicle design rights. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles.