Shelby American is celebrating the 50th anniversary of the first Super Snake by creating a new model, which will debut at the Barrett-Jackson Scottsdale auction later this month. Only 500 will be produced.

The new Snake uses Ford’s 5.0-liter Coyote V8 along with a supercharger to produce either 670 or 750 hp. The big output car is good for a sprint to 60 mph in 3.5 seconds and a 10.9-second quarter-mile -- with an automatic transmission. The 670-hp version is slightly slower, as is the manual-equipped car.

“When Carroll Shelby introduced the Super Snake version of the Ford Mustang in 1967, it earned universal respect for its astonishing capabilities,” said Joe Conway, co-CEO of Carroll Shelby International and CEO of Shelby American. “When Shelby American reintroduced the Super Snake in 2007, the world was awed by the 600-plus-hp street-legal muscle car. That tradition continues with our newest Shelby Super Snake, which is better in every way. Carroll’s bold spirit lives on through this amazing car.”

The base Super Snake will set you back $69,995 including the price of a 2017 Ford Mustang GT. In addition to the motor, it also includes high-performance Ford/Shelby dampers, sway bars, springs and bushings, 20-inch forged aluminum wheels, Wilwood six-piston brakes for the front, four-piston brakes in the rear and new brake cooling ducts.

The sheetmetal is upgraded with Shelby parts including hood, grilles, rockers, splitters, spoiler, rear panels and rear diffuser, LED fog lights and anniversary badges.

Inside, you get anniversary logos, special sill plates, unique gauge cluster and an official Shelby serial number.

There’s a boatload of optional equipment including the bigger supercharger from Kenne Bell or Whipple, extra cooling, performance half-shafts, a more aggressive suspension and more. Go to shelby.com for more information and check out our review of last year’s Terlingua Mustang from Shelby, which acted as a small preview to this new one.

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