Videos: 2011 Ford Mustangs already in the 10's

The 2011 Ford Mustang is already one of the more powerful Mustangs ever offered. It also promises to have a boatload of potential for those so inclined to improve upon what Ford has created, which is most everyone who purchases one. The Mustang has always been a blank canvas of sorts for those who want to make it faster.

The first to achieve a 10 second quarter mile run in a 2011 model are the folks at JPC Racing. Thanks to 4.56 gears, tighter upper and lower control arms, racing slicks, and a 100hp shot of nitrous. The best time they recorded was a 10.96 @ 125.75 mph.

A little while later, Evolution Performance ran a 10.88 @ 126.66 mph using 3.73 gears, a prototype cool air intake, Eaton Trutrac differential, D.O.T. approved racing tires and a 100 shot of nitrous.

These numbers are certainly impressive in themselves, and show what kind of potential the new 5.0 possesses. Given some time to play around with the new mill, we are excited to see what kind of untapped potential it has.

Iacocca 45th Anniversary Edition Ford Mustang revealed

Last night Lee Iacocca himself pulled back the curtain to reveal a car built to celebrate his legacy and importance to the automotive industry, the 45th Anniversary Edition Ford Mustang.

Unlike most tuner Mustangs, this version isn't just a bolt on body kit and some bolt on engine mods. The design is a rework of the entire car's lines, and it comes off rather untacky and clean.

The first example sold last night for a hefty sum of $125,000. If you want one, only 44 more examples will be built.