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Ford Shelby GT500KR and F150 Foose (2007): first official pictures

By Liz Turner First Official Pictures 30 March 2007 04:12 Ford Shelby GT500KR: the lowdown Ford’s latest Shelby Mustang special packs a 540bhp punch, and will be flexing its muscles at next week's New York Motor Show. It’s called the Ford Shelby GT500KR, in homage to the 1968 original, and just 1000 Coupes go on sale in spring 2008. KR means King of the Road, a name GM had intended to use until Shelby got wind of it and grabbed the crown first.

Toyota reveals new Le Mans car as Peugeot quits

Peugeot has announced that it’s closing its Le Mans and endurance racing programme with immediate effect. The unexpected announcement is a blow to the world-famous French endurance race, as the diesel-powered 908 HDi LMP1s have been the only cars able to challenge Audi’s dominance over the past few years – Peugeot won the Le Mans 24hrs in 2009. On the same day that Peugeot Sport announced the closure of its endurance racing programme, Toyota revealed its new 2012 Le Mans racer.

Autoweek in review: What you might have missed

Here's what happened this week: -- Ford is mailing out flash drives for customers to update the MyFord Touch system, in response to complaints that the system is hard to use. Read more. -- Ferrari and watchmaker Hublot agreed to a long-term deal that gives both brands new opportunities for exposure.