If the regular 500-hp Ford Mustang GT 500 isn’t enticing enough for you, then maybe this very limited edition KR model will. The KR, you might remember, was the top-dog 1968 Mustang and a car that commands nearly $200,000 in pristine condition today.

Launching next spring, just 1000 units of the 2008 KR will be available. Its supercharged, 5.4-liter V8 gets a “Ford Racing Power Upgrade Pack,” which boosts horsepower to 540 for the KR. Whew! Sounds like good stuff to us.

The GT 500KR comes with a unique carbon composite hood with scoops and stainless steel hood pins. A lower front air dam with brake ducting helps cool 14-in. Brembo front brakes. Ford says the suspension has been modified as well to provide “race inspired handling.”