Home / Auto News / News article: Report: Limited Edition Lee Iacocca Mustang a Pretty Pony that Costs a Pretty Penny - AutoGuide.com News
 |  Sep 23 2009, 11:42 AM

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I Legacy, the company responsible for the Lee Iacocca Silver 45th Anniversary Edition Ford Mustang has just announced pricing o the completely custom pony car and it’s not easy to swallow. The coachbuilt creation, named after the man who first introduced the world to the Mustang 45 years ago, will start at $89,950 – more than even the Mustang GT500KR. And for the record, that price does not include the Ford Racing supercharger, which pums up the power to 400hp.

What the Iacocca Mustang offers is exclusivity, not just through its design but due to its rarity, with just 45 of the cars being built.

“The Iacocca Mustang embodies all the elements of a car that will be a future collectible,” said Keith Martin, publisher of Sports Car Market magazine. “It is stunning in appearance, will be built in limited numbers and has top-flight performance. Further, given its true custom-built nature, it is being offered at a very reasonable price.”

The car sits lower than stock and has a completely redesigned front end with a slanted grille and recessed headlights. The wheels are 20-inch Iacocca Design models with center caps that feature a bold “I” in the middle. Other markings, including an Iacocca Design hood badge and Iacocca lettering on the rear, will help distinguish this car as a rarity – as will the special Iacocca silver paint.

Inside the choachwork continues with special leather seats, a new leather wrapped steering wheel with an “I” badge, Iacocca-lettering on the door sills and a numbered dash plaque.

As for performance, the 45 cars will be outfitted with a Ford Racing handling package and optional 14-inch Ford Racing brakes.

The Iacocca Silver 45th Anniversary Edition Ford Mustang is offered exclusively through Galpin Ford.

GALLERY: Iacocca Silver 45th Anniversary Edition Ford Mustang

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Official release after the jump:

PRESS RELEASE

ILegacy, the team responsible for introducing the stunning Iacocca Silver 45th Anniversary Edition Ford Mustang, in concert with Galpin Ford, announced today that pricing on the iconic, limited edition cars will start at $89,950.

Built by Gaffoglio Family Metalcrafters, a company known for building some of the most awe-inspiring concept cars for numerous auto manufacturers for more than 28 years, the Iacocca Mustang is a breathtaking vehicle that utilizes the latest in Ford performance technology with a style and panache that screams Mustang fastback.

The car is an exceptional piece of modern day coach building, an art dating back to the 1930s and 40s, reaching a zenith with European sports cars of the 50s and 60s. It is a hand-built example of an art form that is all but lost today.

By blending old world craftsmanship, new world technology and uncompromising integrity, Gaffoglio Family Metalcrafters provides superb expertise with every car. Each of the 45 limited edition Mustangs are custom-built by a team of talented artists, using composite construction Laminates, a reinforced material that is primarily used in aerospace design.

“The Iacocca Mustang embodies all the elements of a car that will be a future collectible,” said Keith Martin, publisher of Sports Car Market magazine. “It is stunning in appearance, will be built in limited numbers and has top-flight performance. Further, given its true custom-built nature, it is being offered at a very reasonable price.”

The hand-crafted vehicles, all painted in a specially-created Iacocca silver hue, are fabricated using only the finest tooling, with each part separately cured in an autoclave. As a result, every part of the Iacocca Mustang is extremely light, but very strong.

The Iacocca-designed hood crest is custom built by a distinguished jeweler and every emblem is hand-finished and polished. Front and rear wheels are cast aluminum and chrome plated for a sheen-like finish and the center caps are machined and also chrome plated.

While the exterior fastback design of the Iacocca Silver Mustang is compelling, the mechanical underpinnings are true American muscle. Two Ford Racing power options are offered for the normally-aspirated 4.6-liter Ford V8 300hp – *a Ford Racing 85 mm cold air kit with 320 horsepower or *an optional Ford Racing supercharger that delivers a head-snapping 400 horsepower. Both come with a factory Ford warranty. Drivers will harness the power through a quick-shifting 5-speed manual transmission.

Inside the Iacocca Silver Mustang, the interior is resplendent with luxurious touches that highlight the car’s special heritage, including Iacocca Diamond Design leather seats with embroidery stitching, an Iacocca signature dash plaque with serial number, a leather-wrapped steering wheel with “I” badge and Iacocca-badged aluminum door sill plates.

The Iacocca Silver Edition Mustang is a collaborative effort by Lee Iacocca, designer Michael Leone, and Gaffoglio Family Metalcrafters, the world-class coachbuilding and Design Company in Fountain Valley, Calif. Galpin Ford, the largest volume Ford dealer in the world, is the exclusive dealership to offer these Iacocca Silver 45th Anniversary Edition Ford Mustangs to the public.

For more photos, videos and/or information about the Iacocca Silver 45th Anniversary Edition Mustang and I Legacy, please log onto www.ilegacy.com.

For sales inquiries please call Galpin Ford’s Iacocca Mustang specialist, Brandon Boeckmann at 1-800-829-0744.