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Ford announces official pricing for the Shelby GT350/R Mustang, starting at $49,995

It’s been a long time coming, but Ford has officially released pricing information for the Shelby GT350 and GT350R Mustangs.

The entry-level (if it can even be called that) GT350 starts at $49,995 (including freight and a gas-guzzler tax), which confirms leaked information from earlier this year. As for the track-prepped GT350R, you’ll need $63,495 to get in the door. The GT350R’s direct rival, Chevrolet’s Camaro Z/28, costs a good deal more at $75,000, is down on power, and weighs about 200 pounds more. Those points in the Shelby GT350R’s favor will give potential buyers a lot to think about before they shell out over $10 grand more for the Camaro.

The GT350 is powered by an all-new naturally-aspirated 5.2-liter flat-plane crank V8 engine (similar to those used in motorsports), delivering 526 horsepower and 429 pound-feet of torque.

Related: Ford Confirms The Shelby GT350 Will Make 526 Horsepower

Options are limited on both models, but the GT350 has two available packages. For $6,500, the Track Package features MagneRide adaptive dampers, additional bracing, a unique spoiler, suspension tweaks, and upgraded cooling. Alternatively, at $7,500, the Tech Package adds an improved audio system, power seats, leather, and other comfort-focused enhancements.

As for the GT350R, the name of the game is weight-savings, so the only optional extras are expenses to put equipment back-in. You’re welcome to add air conditioning, the audio system, a backup camera, and an infotainment system if you’re confused about why you bought the hardcore GT350 variant in the first place.

Availability for 2015 model year GT350/R Mustangs is severely limited, but 2016 models will be produced in larger numbers starting late this year.