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

The Honda NSX might be gone, but it’s set to live on as the HSV-10 GT in Japan’s SuperGT championship.

Although we don’t have an official release or specs yet, we do have the image above and some preliminary details on the HSV-10 GT or Velocity Sports Honda. Built to the 2010 GT500 regulations, the new front/mid-engine racer from Honda is packing a 500+ hp, 3.4-liter V8 and sending power through the same Ricardo sequential manual gearbox fitted to the 2010 SuperGT cars from Nissan and Toyota. Underneath all that glorious carbon fiber is the same chassis Honda’s been working on (originally as an NSX replacement) for the last two years. The SuperGT season opener is scheduled for March 20 and 21 of 2010, but we expect more details and a host of high-res images to hit soon. Stay tuned…

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Thanks to a loose-lipped Facebookian that couldn’t help sharing insider information and a quick follow-up post from Inside Line, we can now confirm the return of the iconic 5.0-liter Mustang GT for 2011. Even better news is the fact that the Mustang GT’s new mill will crank out an impressive 412 horsepower.

By way of comparison, the 2010 Chevy Camaro SS has a 6.2-liter V8 with as much as 422 horses when mated to a six-speed manual and the 2010 Dodge Challenger SRT8 has a 6.1-liter Hemi that offers 425 ponies. And remember, both of those rivals are considerably heavier than the Mustang.

As much as we’d like to unload more goods on the 2011 Mustang, you’ll just have to wait until Ford’s good and ready. Or someone blows another embargo, whichever comes first.

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As previously reported, Honda has been actively petitioning the Japanese Automobile Federation (JAF) — the organizing entity behind Japan’s Super GT series — to run a new front-engine racer in the touring car championship. A cursory reading of the rule book states that vehicles campaigning in SuperGT must be production vehicles (think GT-R, MR2, SC430). However, Honda’s found a loop-hole.

Just as Toyota has done in recent years with the Supra (it’s out of production), the Super GT rules specify that a vehicle’s specs and design must be submitted to JAF to be approved. That means that a vehicle can be “production ready,” if not actually in production. So for the 2010 SuperGT season, Honda will bring out an all-new race car based on the NSX prototype (seen above), reportedly packing a 3.4-liter V8.

So… Lawyers: 1. NSX’s lovers: 0. But at least we get to see it race…