This model will likely replace the discontinued Ford GT.
The traditional Mustang is expected to continue alongside this new model.
Reports claim the official launch will be held tomorrow.
Ford had expressed its desire to spin the Mustang name into a new sub-brand when it launched the Mustang Mach-E electric crossover and this vision could soon take a new direction.
Indeed, the company is rumoured to be on the verge of launching a new model wearing the Mustang name, perhaps as soon as tomorrow.
Unlike the Mach-E, this model won’t be an SUV. Indeed, reports claim this model will be a mid-engine sports car that could replace the discontinued Ford GT.
This makes sense since the automaker doesn’t have a product that can compete with the current mid-engine Chevrolet Corvette.
Naming this new supercar a Mustang could signify Ford is willing to bring its halo sports car downmarket from the GT since Mustangs have always been relatively affordable in regards to their level of performance.
This is another detail that suggests a more direct competition with the Corvette since the former Ford GT was very expensive due to its use of very advanced materials and production techniques that pushed its price up to $500,000 in the United States while the Corvette is priced only a little over $100,000 for the top-of-the-line Z06 model.
We don’t know many details about this model for the moment, but even if it shares its name, the new supercar will use a completely different platform than the current generation of the pony car because of the position of its engine, which requires a bespoke architecture.
Unlike the Corvette, this new Mid-engine model will not replace the current Mustang since both vehicles will be aimed at different markets.
Another detail that was obtained by Ford Authority is that this new mid-engine Mustang will be built by Multimatic in Markham, Ontario, the same company that used to manufacture the second-generation Ford GT.
More details will be revealed soon since sources say the automaker will use the events in Pebble Beach as an opportunity to unveil this model tomorrow.
Source: Carscoops