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Next Shelby Mustang to wear GT350 nameplate

Earlier this month, rumors started to swirl 'round the web about the next-generation Ford SVT Mustang - the halo version of the all-new 2015 'Stang seen testing in the gallery above. Originally, we heard that the Shelby GT500 moniker would be dumped in favor of "a name you're familiar with," which some sources guessed could mean a return of the Cobra nameplate.
That might not be correct. According to Road & Track, citing a report from Mustangs Daily, the new range-topping Mustang will bring back the Shelby GT350 name - currently used on an aftermarket version of Ford's Pony produced by Shelby American (take a look at our recent Quick Spin of that car). Expect the new GT350 to be quite a bit different than the current GT500 - it will be all motor, using a V8 that's derived from the naturally aspirated 5.0-liter Coyote engine (though it will no doubt have a higher displacement). The GT350 will be a lot more powerful than the next Mustang GT, which is expected to offer something like 450 horsepower, but won't be quite as absurd as the 662-horsepower GT500 we currently enjoy.
The Shelby GT350 will reportedly bow with the rest of the new Mustang range at the 2014 New York Auto Show, which coincides exactly with the original Mustang's debut at the New York World's Fair in 1964. If that seems far out, don't worry, we'll be seeing the rest of the 2015 Mustang range before then, but Road & Track reports that the 2014 Detroit Auto Show stage will be reserved for the reveal of the next Ford F-150 pickup.

Martini Mustang is a 'what if moment' gone right

Feast your eyes on a masterpiece. This is Steve Strope's Ford Mustang in the classic fastback bodystyle, and as you'll notice, it sports the signature colors of Martini Racing, a livery that's as legendary as any Gulf Racing-styled car. But the red, white and blues of the Martini stripe down this Mustang's middle tell only a very small part of the story, in the latest video from Petrolicious.
What would you guess is under the hood? A 289-cubic-inch V8? Maybe a 302, or some absurd Ford crate engine? Maybe Strope went all Tokyo Drift - he's actually responsible for the "Hammer" Plymouth Satellite driven by Vin Diesel at the end of the movie - and found an RB26DETT to drop into the pony car? You'd be wrong on all counts.
This mad, mad man somehow finagled a Ford-Lotus engine from a 1966 Indianapolis 500 car into the Mustang's engine bay. Yes, a Mustang with an engine designed for a 160-mile-per-hour, open-wheel racecar. That's like someone in 40 years dropping McLaren's 2.4-liter V8 from the MP4-28 into a Scion FR-S. It'd just make a monster.

Ford GT to be revived, Le Mans battle upcoming

Ford dominated the 24 Hours of Le Mans from 1966 to 1969, scoring four consecutive wins. Wouldn't it be great if the Blue Oval could go back to France for the 50th anniversary of that performance and show it can still compete in international endurance racing? Actually, the latest rumors indicate that could be exactly the case, and the car taking that checkered flag could be another revival of the Ford GT.
As the rumblings go, Ford wants to use a new supercar to take another crack at Le Mans, after considering some other possible alternatives. Substantiating these musings are reports that a Blue Oval rep was reportedly on hand for a recent meeting about 2016 GTE-Class rules, according to Road and Track. That would put the new GT in the same racing class as the Corvette, Ferrari 458 Italia, Porsche 911 and others.
It's not all about racing, though. If you win on Sunday, you want something to be able to sell on Monday. The revived GT is reportedly still a mid-engine supercar, but the exact engine is unclear. It's possible that it could even be shown or announced at the Detroit auto show in January, according to Motor Trend.