Ford is reportedly planning a new high-performance Mustang, according to dealer documents cited by Ford Authority. This new model is expected to fill the role previously held by the sixth-generation Shelby GT350, which ceased production in 2020 and has not been directly replaced in the current Mustang lineup. Ford has not used Shelby branding for the S650-generation Mustang.
The new Mustang is anticipated to slot between the current Mustang Dark Horse and the Dark Horse SC. It could feature either a 5.2-liter or 5.4-liter naturally aspirated V-8 engine. A six-speed manual transmission is expected to be available, possibly as the sole option. Unlike the Dark Horse SC, this new model would reportedly be offered exclusively as a coupe.
Production is projected to begin in late 2027 for the 2028 model year, with a limited run extending through the 2029 model year. While specific performance figures were not detailed, power output is estimated to be around 600 hp. This would position it between the 500-hp Mustang Dark Horse and the 795-hp Mustang Dark Horse SC.
Ford has previously indicated interest in expanding the Mustang family, with various concepts reportedly under consideration.