Ford’s new Mustang Shelby GT350 has finally landed, and it’s every bit as good as we'd hoped. While previous GT350s were built by Shelby American, this new one is a creation of Ford Motor Company’s [NYSE:F] own SVT division but still adheres to Carroll Shelby’s original idea—transforming a great every-day car into a dominant road racer.

The new GT350 makes its debut this week at the 2014 Los Angeles Auto Show, but we’ve already had a close up look and now we have some new video footage to bring you. That sound you here in the video above is a brand-new 5.2-liter V-8 complete with a flat-plane crankshaft.

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The engine, which will make more than 500 horsepower and 400 pound-feet of torque in its final form, is billed as Ford’s most powerful naturally-aspirated V-8. It’s also the Blue Oval’s first with a 180-degree, flat-plane layout which gives it that distinctive sound.

There are also a host of other chassis and drivetrain mods to go with the new engine, including a lightweight six-speed manual transmission, Torsen limited-slip differential, carbon fiber reinforcements, a wider front track, magnetorheological dampers, and new spring rates and bushings. The wheels are 19-inch aluminum-alloy pieces shod with custom Michelin Pilot Super Sport tires, and inside these sit Brembo brake calipers (six-piston front and four-piston rear) biting two-piece cross-drilled discs.

We’ll have to wait until closer to next year’s launch to discover the performance specs, but for now, just sit back and enjoy these new photos and videos.


See more videos on our YouTube sites: The Car Connection, Motor Authority, and Green Car Reports.