Thanks to some embargo breaking that’s already occurred, we’ve known for a week that the 2011 Ford Mustang GT would pack a brand new 5.0-liter V8 producing 412 horsepower and 390 pound-feet of torque. We thought those tidbits might hold over the internet ’till the official embargo date lifts early next week, but we were wrong and therefore are still awake at 1:30 AM on Christmas morning writing this post. Thanks to Jalopnik via MustangHeaven via BurlappCars, we have the first images of the 2011 Mustang GT and its new 5.0-liter V8.

You can read more about some of the engine’s details that have already leaked here, but let’s just take a look see at what we’ve got. Kudos to Ford for leaving the engine’s tippy top unadorned and we also dig those 5.0 badges on the engine and fenders. Nostalgia FTW

Ford has named Jamie Allison as the new director of its North American Motorsports programs. Set to replace Brian Wolfe, Allison has been working in Ford Racing for six years and has been with the Dearborn automaker for 22 years. While part of the racing group, Allison has worked in one of the more profitable segments of the business, selling racing performance parts. During his tenure Allison oversaw the launch of Ford selling turn-key race cars like the FR500C, the FR500S and of course the Cobra Jet drag race car.

The race car program has been very successful both in terms of sales and on the track, with both the 2008 and 2010 runs of 50 Cobra Jets sold out before the cars were even built. The announcement of Allison’s promotion came during a media event this week where Allison revealed the next product from Ford Racing, which you’ll here more about next week. Wolfe has been named to a new position in the product development organization.

Source

Over 26 years, multiple corporate owners and increased competition, the one constant at Chrysler has been the minivan.
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