We know that Chevrolet is working on a new Chevrolet Corvette which will be coming in with an upgraded engine. It is believed that the new Corvette will be arriving to compete with the upcoming Ford Mustang GT500 but it looks like Chevrolet is not the only one gearing up to compete with Ford.
Dodge has now announced that they are also building a new performance model. The new model, called the Dodge Challenger SRT Demon will sitting on top of the Dodge Challenger SRT Hellcat and will most likely be taking on the Ford Mustang GT500 as well.
As for the Chevrolet, they will be using the upcoming Chevrolet Corvette ZR1 to compete with the Ford Mustang GT500. It is believed that Chevrolet aim is to have the vehicle deliver about 700hp when it arrives.
It will be interesting to see which model comes out on top at the end of the day.