Anyone familiar with the latest Mustang Shelby GT350 will know that Ford Motor Company [NYSE:F] built only 137 examples for the 2015 model year, with just 37 of these being the more hardcore GT350R variant. The number 37 represents the number of original Shelby GT350Rs built by Carroll Shelby back in 1965, and anyone fortunate enough to get their hands on the modern car can now sit back and watch the value skyrocket.

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One of the fortunate owners is none other than Jay Leno. He finally showed off the car in the latest episode of his online series Jay Leno’s Garage and managed to get Ford Performance chief Jamal Hameedi to stop by and provide some insight on the development. In the video, we also learn that Leno swapped out the original Recaro buckets for a set of more comfy seats because he likes to spend a lot of time behind the wheel.

Both the Mustang Shelby GT350R and the slightly tamer GT350 are powered by a 526-horsepower V-8 displacing 5.2 liters and featuring a flat-plane crankshaft, but the GT350R benefits from a few extras aimed at improving its track performance, such as more aggressive aero and a set of carbon fiber wheels. Pricing starts at $49,995 for the GT350 and $63,495 for the GT350R. Both figures include destination and a gas guzzler tax and represent extreme value considering the performance and equipment of the cars.

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For more on the Mustang Shelby GT350R, be sure to read our first drive report.


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