Ford Motor Co. will roll out its most powerful street-legal vehicle ever in 2019.

The Blue Oval plans to launch an all-new Mustang Shelby GT500 next year, Joe Hinrichs, Ford president of global operations said Monday night.

The product re-enters Ford’s lineup for the first time in a few years. Ford made a GT500 Super Snake until 2014.

The new fast-back coupe will have a “700-plus horsepower” supercharged V-8 engine. Ford’s current Mustang Shelby GT350 boasts 526-horsepower. The new vehicle launching in 2019 will be twice as powerful as the original 1967 Mustang performance model.

The Dearborn automaker said the GT500 will be “the pinnacle of Mustang performance and highlights the innovation, ingenuity and passion of Ford Performance.”

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The new ’Stang might aim to compete with Fiat Chrysler Automobiles NV’s 840-horsepower 2018 Challenger SRT Demon, which was released late last year. The Demon is billed as the world’s fastest quarter-mile production vehicle.

Ford on Monday didn’t release any specs or photos for the GT500. The announcement made at a party at the Detroit auto show Monday night was meant to be a teaser, Hinrichs said.

But it was the sixth product Ford announced or displayed at the 2018 show. The company on Sunday unveiled a new Edge ST, the 2019 Ranger, a limited-edition Mustang Bullitt, plans for a hybrid F-150 and an unspecified electric model named the Mach 1. Ford also announced plans to build 40 new electrified models by 2022.

In a video released Monday night, the company show a few close-ups of the vehicle, focusing on the iconic Cobra badging. The GT500 continues Ford’s relationship with Shelby, which dates to the 1960s.

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