So it runs a 302 nowadays, huh.
Do you know what the original concept car had - a six, or a smaller V8, - 221, 260, or 289?
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""""In the summer of 1964serial number 9, a convertible, was transformed into a two seat fastback by Andy Hotton's Dearborn Steel Tubing (DST) a company that Ford often partnered with for special projects that also included building the four seat Mustang II concept car.
Once completed the Mustang III made rounds with Fords custom caravan, being displayed at various venues. Then in early May of 1965, it Mysteriously vanished from DSTs shop.........let's review how the Mustang III was created.
To design it DST tapped the talents of Vincent Gardner, a designer who made his bones by winning second place at the Fisher Body Craftsman Guild competition......
To facilitate the transformation of the Mustang convertible into a two seat fastback coupe, the 108 inch wheelbase was shortened 18 inches and the body by about 22.5 inches. Though the front end retained it's Mustang identity, the fenders , doors, roof and back of the vehicle were recreated in fiberglass by DST and Gardner.
A dramatic fastback roofline with expansive backlite, large concave sail panels and quarter windows and a molded in rear spoiler.......
Though the VIN indicates a 260 cubic inch two barrel V8, the engine bay was fitted with a small block displacing 302 cubic inches, years before the 302 debuted in the Mustang. DST added the 3x2 induction and engine dress up items and modified the automatic transmission............""""
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There's more to the story about it theft and recovery and restoration but that's the gest of it.
I hope what I've quoted answers most of your questions.
To achieve anything, you must be prepared to dabble on the boundary of disaster.”
Sir Stirling Moss