Revology's 1967 Shelby GT500 is the perfect modern muscle car

Still, by today's standards, the car is archaic, a period piece that looks and sounds fantastic but drives like an high-octane humpback whale on wheels. Revology, the company behind this restored and updated GT350, will debut its redone GT500 at this year's SEMA show in Las Vegas.

Like with the GT350, Revology's GT500 has the backing of both Ford and Shelby. This makes it as legitimate of a restoration as you're going to find. Still, this is far from just a well-restored classic. Everything from the interior to the powertrain to the suspension has been updated with modern parts.

At the car's heart is Ford's 5.0-liter Coyote V8 (the same one that's in the current Ford Mustang GT) churning out 450 horses and 400 pound-feet of torque. There's an optional supercharger that boosts the engine's output to 600 horsepower and 475 pound-feet of torque. Both manual and automatic transmissions are available. According to Revology, the car will have the same power-to-weight ratio as a Ferrari 458 Italia.

The standard model features unequal-length control-arm suspension up front and three-link rear suspension with a torque arm and panhard rod out back. Adjustable coilovers are standard, but Revology is offering both higher performance coilovers for $3,250 and a pro-touring suspension setup, though the latter has "please call" listed for the price. The car uses a Ford 9-inch 31-spline rear with 3.89 gearing and a limited-slip differential. In order to stop this train, the car has slotted rotors at all four corners. Look for six-piston fixed calipers up front and four-piston fixed calipers out back.

The steel bodywork is all new and licensed from Ford. It features all the requisite badging and stripes one expects from a classic Shelby product. The taillights and parking lights are LEDs, and the headlights can be upgraded with LED units for $625. The car comes with 17-inch 10-spoke Shelby wheels with Bridgestone 245/45ZR17 section tires at all four corners.

Inside, the seats, upholstery, carpets and trim are all new. Power windows are activated by the window crank. Air conditioning, keyless entry and a Bluetooth sound system are all standard. The car even has a power-folding rear seat.

Now, none of this comes cheap. A basic 450-horsepower model with a manual transmission starts at $185,000 before options. A supercharged model will set you back at least $220,000. Add $5,000 if you don't want to shift yourself. Tack on all the options. and a fully-loaded model will set you back nearly $300,000. Still, buying an original car isn't cheap, and this way you don't have to worry about flogging and killing an original classic.