If you've been here before, you may remember me drooling of the Shelby Mustang GT500KR Fastback Coupe up for auction by Shannons. It was predicted to sell for between $280,000 - $320,000AUD.

Well, the Mustang made history when a telephone bidder picked it up for $282,000. This is the highest price that a Shelby has ever gone for in an Australian auction. In case you're wondering, the telephone bidder wasn't me.

As you’d expect from looking at it, the Super Snake won’t come cheap.

Even if you have the cash, getting your hands on a Super Snake won’t be easy… did that sound a little wrong?

The Super Snake GT500 is basically a highly tuned version of the Shelby GT500. You might remember the 1967 version of the GT500 as the car Nicholas Cage tore around in at the end of “Gone in 60 seconds”. It’s been 40 years now since the “Eleanor” GT500 was released, and whilst the technology under the bonnet may have changed, design wise the 2007 looks quite similar to its 1967 predecessor. Just goes to show that the designers got the GT500 right the first time.

Your first step in picking up a Super Snake is to buy a stock standard Shelby GT500. The base price for one of these is $40,930US (or around $50,000AUD). Then you’d need to send it away and fork out at least another $28,000US (or around $35,000AUD) for the Super Snake upgrade.

So for around $70,000US you’ll be close to climbing into the “base” level Super Snake. This little puppy spits out 600 bhp (or 441kw). Now, you can still “upsize” your Super Snake a little more. According to various auto news sites on the web, a 725bhp (533kw) is definitely within the realm of possibility. Only problem is that it would seem boosting the Super Snake to 725bhp voids the warranty.All in all the Shelby GT500 Super Snake looks like an awesome little ride.

If I ever visit the US and need to hire a car, I might just put the Super Snake on my list. If you're in the US, you may spot one of the Super Snakes in the wild from Spring 2008.

Here are some of the Shelby GT500 Super Snake highlights for the spec geeks:

Performance

• Shelby Supercharger Upgrade 600- 725+
• Shelby/Baer 6 piston caliper bake system
• Shelby short throw shifter
• Borla cat-back exhaust system

Exterior

• Shelby Super Snake Hood
• Shelby deck lid letter kit
• Sequential tail lights
• Super Snake striping
• 20″ Shelby Alcoa wheels (bright silver finish 20X9 front 20X10 rear)
• Pirelli P-Zero Nero 255/35ZR20 front 275/35ZR20 rear

Interior

• CSM consecutively numbered dash plaque
• Aesthetic engine kit with billet fluid caps and dip stick handle
• Center gauge cluster with Autometer Carroll Shelby Signature Carbon Fiber faced gauges

SAAC The Shelby American Cobra GT350 GT500 Magazine #58 Bob Wyatt , Hertz List

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SAAC The Shelby American Cobra GT350 GT500 Magazine #54 GT350-Z Shelby de Mexico

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SAAC The Shelby American Cobra GT350 GT500 Magazine #59 Phil Remington Mk1 Musta

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SAAC The Shelby American Cobra GT350 GT500 Magazine #61 Carroll Shelby Interview

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SAAC The Shelby American Cobra GT350 GT500 Magazine #49 GT40 Ed Gullett Artwork

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