Shelby American wasted no time coming up with its own take on the new 2011 Ford Mustang. Officially dubbed a concept, the 2011 Shelby GT350 will go into production later this year with few changes.

This is essentially an aftermarket package that you purchase after you plunk down the $30K for a Mustang GT. It includes a supercharger that pushes the new 5.0 V8 to around 500 horsepower, a set of Baer brakes, 19-inch Cragar wheels and "super sticky" Goodyear tires Shelby says. The suspension also gets new springs, struts and sway bars from Ford Racing along with adjustable camber/caster plates.

Shelby says all GT350s will be white with blue stripes. Not sure if that means you have to start out with a white car or not but it probably helps. Shelby also adds a new front fascia, revised lamp treatment and a center-exit exhaust.

All this for only $34K — that's on top of the original car, not total. So you're looking at a minimum of $64,000 for a Shelby GT350. Hope you like white.