Ford is reportedly planning a spiritual successor to the Mustang Shelby GT350 for the 2027 model year. The new model will likely drop the Shelby name and slot between the Dark Horse and Dark Horse SC variants in Ford's expanding Mustang lineup.

The GT350 successor will be track-focused with upgraded cooling and braking capabilities, plus a wide-body style similar to the Dark Horse SC. Ford is expected to power the car with a naturally aspirated engine rather than the supercharged 5.2-liter V-8 found in the SC. The door remains open for the return of the 5.2-liter flat-plane-crank Voodoo engine, which produced 526 horsepower when Ford retired it in 2020. That output sits between the Dark Horse's 500-hp Coyote 5.0-liter V-8 and the Dark Horse SC's 795-hp supercharged 5.2-liter. Ford could add more power to a revived Voodoo engine. The new model is expected to come with a six-speed Tremec manual gearbox, though an automatic could be available as well.

The addition would make the GT350 successor the sixth Mustang variant on offer, alongside the EcoBoost, GT, Dark Horse, Dark Horse SC, and GTD. Ford did not respond to Car and Driver's request for comment on the report.