MUNCLE MIKES COLLECTOR GUIDE
2022 Ford Mustang Shelby GT500 Code Red — 2024 HWF05
Slate HWF05 gives the Code Red Mustang a dark metallic finish with a narrow red stripe along its sides. Black five-spoke wheels and the large rear wing keep the look purposeful. Lift the hood and the detailed engine becomes part of the display.

- Release year
- 2024
- Series
- Red Line Club
- Toy code
- HWF05
- Body color
- Spectraflame slate
The Shelby with something under the hood
Mattel’s 2024 RLC edition uses a metal chassis and Real Riders modern five-spoke wheels in gloss black. The dark cabin carries red accents. Look for the red Code Red side treatment as well as the slate paint when matching a loose example.
Release details
| Body | Spectraflame slate |
|---|---|
| Wheels | Gloss-black modern five-spoke Real Riders |
| Interior | Black with red accents |
| Base | Matte black metal |
| Feature | Opening hood |
This release and its companions
Choosing one for your collection
Check for paint wear at the hood edges and around the hinge area. A photo taken only with the hood open can conceal a panel that no longer closes neatly.
The glossy black wheels need a well-lit close-up. Inspect the thin red side stripes, front splitter and outer wing corners separately; a clean roof does not establish their condition.
Collector questions
Is slate HWF05 the blue RLC release?
No. HWF05 is the 2024 Spectraflame slate car with red side accents and black modern five-spoke wheels. Indigo-blue JJY59 is the 2026 release.
Browse the MM shop
Explore the current loose Hot Wheels selection, or browse finished customs for more lowered stances and individual builds.

