The 2012 Shelby GT350 is another modern-day reimagination of an iconic 1960s racer, and for the new model year, it gets two new colors and a production cap of 350 total cars.

Also available this year for the first time since 1970: the GT350 treatment on a convertible. The total allocation of 350 cars includes both convertibles and coupes.

Available in red, white, and blue (see what they did there?) the 2012 GT350 features the same performance and pricing as the 2011 model, meaning both supercharged 624-horsepower and naturally-aspirated 430-horsepower (the latter SCCA road racing legal) variants will be available, priced at $33,995 and $26,995 respectively, in addition to the price of the donor Mustang GT.