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We’ve all imagined what we would do with a winning lottery ticket or limitless amounts of money. For us here at Autoblog, that fantasy usually involves a large number of automobiles in a multi-car garage. Larry Miller is one of those guys who’s living our dream. As the owner of the Utah Jazz, numerous car dealerships, radio and television stations, movie theaters, and a race track, money is not a problem for Mr. Miller. He’s used those finances to amass quite a collection of automobiles, particularly historic Shelby and Fords, that are kept at a museum at Miller Motorsports Park. During our recent visit to the track to drive the Shelby GT500KR, we took a tour of the incredible collection. The museum includes several impressive Shelbys, including the second oldest Cobra, the 1966 Le Mans winning GT40 MkII, the MkIV GT40 that won the 1967 12 hours of Sebring, and one of the six Shelby Daytona Coupes. The museum houses only part of Miller’s collection, the rest of which can be found at the Shelby museum in Boulder, CO. We know you’d never forgive us if we left the museum without taking photos, so enjoy the gallery below.

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When Ford announced the GT500KR’s based price of $79,995, many of you thought that it was pretty steep for a Mustang. Even though it’s a limited edition Shelby with 540 horsepower, $80,000 can buy a lot of really nice cars. What’s even more insane is that we know people will not only buy the KR, but they will pay tens of thousands of dollars over MSRP just to have one. The only question was how much dealers would try and gouge. That question has been answered. Lone Star Ford in Houston, TX has put up a red GT500KR on eBay Motors with a “Buy It Now” price of…$154,991.00. That’s nearly double the MSRP. Who knows if anyone will actually buy it at that price, but going off what happened with the standard GT500, then it’s quite possible. While we enjoyed our first drive in the GT500KR (check out Part 1 and Part 2), we can think of quite a few cars we’d rather have for $150,000.

[Source: eBay Motors]

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Our initial drive of the Shelby GT500KR on public roads revealed that Ford, SVT and Shelby had addressed many of the issues that we had with the standard GT500. The KR’s revised suspension is better balanced and more capable of handling the excessive amounts of horsepower and torque that the blown 5.4L generates, and a new short-throw Hurst shifter makes changing gears a joy instead of a chore. To top it all off, a Ford Racing cold air intake, new exhaust system, and 3.73 gears give the KR an extra kick in the pants. The changes were so spot-on that we wondered why Ford didn’t build the GT500 this way in the first place.

With a ride like the GT500KR, however, only so much of the car can be experienced on public roads. At 540 horsepower and 510 lb-ft torque, the KR quickly reaches posted speed limits and the car stays well under its limits around corners. Fortunately, Ford let us loose to run hot laps around Miller Motorsports Park. Follow the jump to see how the “King of the Road” fared at the track.

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We got our first look at Shelby’s 85th Commemorative GT40 back in January at the Barrett-Jackson auction in Scottsdale. It’s as close as you can get to the real thing without spending millions on an original GT40 with the chassis and body nearly perfectly replicating the original. Shelby Distribution has now issued an updated press release as well as the official photos. The GT40, built by Superformance but officially badged a Shelby, celebrates both Carroll’s 85th birthday as well as the dominating 1-2-3 Le Mans win in 1966. It’s available in all three colors of the original race cars - Arcadian Blue, Black, and Red - as well as unique Shelby badging on the door handles, headlights, side graphics, and floor mats. No engine specs are available since each comes as a rolling chassis, but the engine bay is built to accommodate any Shelby-badged V8 crate engine. Anything but a 427ci V8 would be just plain crazy, though. Follow the jump for the press release and check out nearly fifty high resolution photos in the gallery below.

[Source: Shelby Distribution USA]

You might expect that Carroll Shelby has quite a collection of cars. He’s even put up a few for sale recently, including his personal 1969 GT500 Convertible that he’s owned since new at Barrett-Jackson this year and the unique Cobra Supersnake that sold for $5,000,000 at last year’s auction. A few years ago Shelby also auctioned off one of the six original Daytona Coupes that he had owned for more than twenty years. He must have missed it in the garage, because he requested that Superformance build him one of their new Daytona Coupes. Designed by Peter Brock, the same man who penned the original, this modern version of the Cobra Coupe retains the wonderful shape of the original while offering some creature comforts not found in the race car. Carroll’s personal car, which was delivered to him this week, features the “Guardsman Blue” paint scheme of the original cars as well as the #98 that on the car he previously owned. Unique to the car is a one-off paddle-shift transmission designed by MasterShift mated to a four-speed automatic transmission. Power comes from a 427SR Roush crate engine pushing out nearly 500 horsepower. Follow the jump for the press release and check out the gallery below of the car you wish you owned.

[Source: Shelby Distribution USA]

We got a chance to visit Shelby Automotive out in Las Vegas a week or so ago to witness the first 2009 GT500KR going through final assembly. Although the KR was originally intended to be an ‘08-only model release, demand for the new King of the Road was high enough that Ford and Shelby decided to keep on rollin’ for another year and plans to offer an additional 746 units for 2009. As a refresher, these beasts are powered by a 540-horsepower version of the GT500’s supercharged V8. If you love special edition versions of the Mustang like this one but aren’t ready yet to buy, fear not… we have a feeling that there will be many more to choose from in the coming years.

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