For 1968, the Cobra name was applied to both models, and they were now marketed as the "Shelby Cobra GT350" and the "Shelby Cobra GT 500". The solid lifter K-code engine was discontinued by Ford so Shelby used the hydraulic lifter 230 hp 302. It produced 250 HP with the high rise intake but was not equipped with Shelby headers in order to make room for power steering. The early 1968 GT500 used the Shelby installed 428 Police Interceptor with a single four barrel carburetor rated at 360 HP.