The wait is officially over. The first models of the new Shelby GT350 are finally making their way to U.S. dealerships. But the price may no longer be right.

We fully expect there to be a whole lot more praise rolling in for this special Mustang before it’s all said and done. After all, the motto for the new Shelby GT350 should really be “What’s not to like?”

This Candy Apple Red ’68 Shelby makes one heck of a statement as to why there’s such a longstanding passion for vintage American muscle.

There it is, the first production model of the Shelby GT350R making its way down the Ford assembly line in Flat Rock, Michigan.

Painted in the traditional Shelby GT350 Wimbledon White with Guardsman Blue stripes, this ’65 fastback Mustang went through a three-year restoration process.

Opting for the new Shelby GT350R’s hyped carbon fiber wheels certainly won’t come cheap.

Thanks to a Road & Track tweet, we now know the official horsepower rating of the 2016 Shelby GT350 Mustang.