A sneak peek at the future Ford Mustang will help kick off the celebration of a historic Mustang racing win this weekend at Road America, the largest vintage car event in North America. Enthusiasts will be part of a special public “debut” of the highly anticipated 2010 Ford Mustang, which will serve as the pace car for the vintage racing field throughout the weekend. The next-generation Mustang will be outfitted in a special “camo” package, keeping some key design cues secret until its reveal later this year.

According to a source at Garage 419, Ford is considering reviving the 4 Cylinder Mustang in response to the record high gas prices we have seen this year. The 4 Cylinder would be turbocharged thanks to the highly touted EcoBoost and it will be hooked up to a 6 speed manual transmission. Power output is expected at around 300 horsepower which is incredible considering the GT Mustang didn’t start making that much power until 2005. Once thought to be a temporary pain, it’s apparent that four dollar gas prices are sadly something that will be sticking around for quite some time, considering the frenzy the Auto industry is in right now to ditch gas guzzling engines in favor of much more gas friendly, smaller ones.

Maybe Ford should take a look at Doug Pelmear’s 1987 Ford Mustang before the 2010 Mustang rolls off the assembly line. According to him he has been able to re-engineer his Mustangs engine to produce 400 Horsepower and 500 Torque while improving his gas mileage to an astounding 80 Miles per gallon. He created the car to compete in the $10 million Progressive Automotive X Prize which is a “race” to find an affordable, marketable automobile that gets at least 100 miles per gallon, or its equivalent. You can read the complete article after the fold.

Another high performance V8 engine has fallen to the $4+ dollar gas prices. The Boss engine, which was slated to appear in the rumored Boss Mustang and F-150 will now only have a home in the Super Duty which needs a more efficient replacement for it’s 6.8L gas guzzling V10. The news isn’t really shocking to most of us, just disappointing, as gas prices were making a high performance, large displacement motor much less feasible for the Mustang. Ford will likely take the funding for the Boss engine and point it toward much more fuel efficient programs such as the Ford Fiesta which will be making it’s appearance in American soon.

When he was in his early teens, Dan Vanderlip, Jr., of Clinton Township, Mich., fell in love with the Ford Mustang, so much so that he was determined to buy one when he turned 16. Vanderlip, Jr. saved up all the money he earned working in his family’s upholstery store, invested it wisely in the stock market (with a little coaching from his dad) and was on the verge of selling his beloved collection of rare baseball cards to come up with the remainder of the money he needed to buy the car - when his father stepped in to help.

With the many 2010 Mustang rumors, the 2009 Mustang is expected to be the last year before the next face lift which may be why leaked production numbers for the 2009 Ford Mustang are so low, at just 45,000. If the estimate holds it will be the lowest production run for the Mustang in it’s 45 year history with 1992 being the current lowest. This may be a problem considering last year over 130,000 Ford Mustangs were sold. Will there be dealer markups on the 2009? I don’t think so, as many people will be saving their next Mustang purchase for the highly anticipated 2010 Mustang.

Aramis and Designer Fragrances, a division of a subsidiary of The Estée Lauder Companies Inc., announces the introduction of Mustang Blue, a new fragrance for men. Mustang Blue is the definition of confident, sexy and powerful for the Mustang man. Experience the exhilaration of the blue sky, the energy of the waves against the shore and the freedom of the wide open road ahead. Mustang Blue evokes a desire for adventure which makes this fragrance the perfect blue sensation.

Seen here in this ebay auction is one of just a few real Eleanor Mustangs used in the movie “Gone In 60 Seconds”. This car is actually one of 11 built for the movie. Of those, two were destroyed in a bridge jump and junkyard crusher scenes. However, because certain cars were needed to do different maneuvers in the film, no two Eleanors were alike. The Eleanor in the ebay auction is one of only 3 that has a working engine and drivetrain, making it even more rare.

I try not to use this blog as a platform to express my beliefs on politics and religion, however every now and then something related to Ford or Mustangs crosses into that territory and I feel like it should be brought to your attention because the behavior of Ford Dealerships across the country reflect on Ford Motor Company as a whole. With that said, a Ford dealership in California is using Religion to try to sell cars by running an advertisement on local radio telling those that want God removed from the Pledge of Allegiance and US Currency to “sit down and shut up”.