Ford says that this going to be a "racing concept" of the Mustang.

Rumors are that this will be a two seater with a spare tire mounted where the back seat was, really agressive wheel/tire combo, and maybe.....the Ford GT's motor.

 

Could this be a preview of some sorts of the next Cobra R?

 

I think so.

 

Cool, This is one of the Mustang Models I'm very interested to see how it turns out.