Galpin Auto Sports (GAS) announced its upcoming GTR-1 Supercar at the 2012 LA Auto Show this week. GAS President, Beau Boeckmann, announced that they’re currently building a prototype of what the Ford GT would have looked like if Ford had continued production of the legendary supercar. The supercar is being developed with the spirit of Carroll Shelby in mind, further making existing production cars faster and even higher performance. The GTR-1 will be based off of Ford’s popular GT that was built from 2005 – 2006. The specially developed supercar will have more than 1000 horsepower and will be available with the choice of handmade aluminum or carbon fiber coachwork, upgraded drivetrain and suspension modifications and a bespoke interior tailored to the customer’s specifications. Official info and images will be available closer to the car’s debut in early 2013.