2010 Ford Shelby GT500 vs 2010 Chevrolet Camaro SS Comparison

"Not fair!" howled a bunch of Ford fans when we pitted the 2010 Mustang GT against Chevy's new Camaro, and it lost. "What about the Shelby GT500? You should be comparing the top-of-the-range Camaro with the top-of-the-range Mustang."

Hey, it's not our fault Ford brought a knife to a gunfight. The simple truth is you can buy a 426-horsepower Camaro for the same money as a 315-horsepower Mustang. In fact, order a GT Premium with the TrackPack -- the only way to get the GT500-inspired suspension upgrades, 3.73 rear axle, dual-piston front calipers, recalibrated stability control system, plus the 19-inch wheels and tires that make the 2010 Mustang such a blast through the twisties -- and you'll pay about 1500 bucks more than you would for a 1SS-spec Camaro, which comes standard with Pirelli tires, Brembo brakes, a six speed manual transmission, and a 21st-century rear suspension.

Look at the price, look at the market positioning: The Mustang GT's logical rival is the faster, more powerful, more refined Camaro SS. End of argument.

But the Ford faithful got us thinking: With the 556-horse supercharged Z/28 on indefinite hold, the SS is the toughest factory Camaro you can buy. Is it good enough to take on the new 540-horse 2010 Shelby GT500? Or does Ford now own the high ground in a ponycar war that has ebbed and flowed between these two automakers for more than 40 years now? We decided to find out.