Ah, Ford‘s new 5.0L engine. The savior of the Mustang, and the provider of the thrust behind the cheapest 400+ horsepower car you can buy. It’s got variable valve timing, real headers, a beautifully sculpted intake manifold, and 412 advertised horsepower. Until now, it’s only had one problem: The only way to get one is under the hood of a $30,000 2011 Mustang GT.

That all changes now.

Starting August 15th, Ford Racing Performance Parts (FRPP) will be offering the 5.0L as a crate engine, and you can just go ahead and stuff that bad boy into whatever you’ve got laying around. All it takes is $6,999 plus an alternator, a few accessories, a transmission, and the appropriate RWD architecture.

If you ask us, grab yourself an ’89 Mustang Notchback, LX or 4-banger, drop this bad boy in along with the Tremec 6-speed from the Mustang GT, a set of coilovers, a cage, and some 18″ American Racing wheels, and you’ve got yourself a hell of a hot rod for under $15,000.

Hit the jump for all the vital details about the new crate engine, part number M-6007-M50, directly from Ford:

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Statistics have a funny way of being twisted to suit any story. Most recently, we heard reports that after losing out to the Camaro in the sales race, the Mustang was back on top in May, with total sales of 10,225 easily trumping those of the Camaro at 8,931. The numbers were used to support the notion that Ford‘s new models, including the 305-hp/31-mpg V6 Mustang and awesome 412-hp 5.0-liter GT, were sticking it to Chevy‘s Camaro.

Part of that is true, with the new Mustang models selling well in May. The other side of the story, however, is that 43 percent of May’s Mustang sales were 2010 models – sold with considerable discounts and incentives. According to Automotive News, the 2010 Mustang was offered with $2,500 off and anywhere from 0 to 5.9 percent financing, while the new 2011 models were not discounted and had financing as high as 7.9 percent. Ford will continue to offer excellent deals on 2010 models as it looks to off-load the models that we honestly can’t believe anyone would consider when compared to the new 2011s.

[Source: Automotive News]

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***See AutoGuide’s LIVE 2010 Detroit Auto Show Coverage Here***

It might not be the most spectacular video of the 2011 Mustang GT, but it is the first. Ford has just released some rolling stock of the the 5.0-liter powered Stang, and while it’s not exactly edge-of-your-seat entertainment, there are a few clips where you get to hear the big V8 howl.

Set to officially debut at the Detroit Auto Show in just over a weeks time, the 2011 Mustang GT brings back the 5.0-liter V8 with 412-hp at 6500 rpm and 390 ft-lbs of torque at 4250 rpm, a far cry from the 175-hp 302 cubic inch motor found in the 1983 model.

The new engine is an all aluminum unit with four valves per cylinder and dual overhead cams and gets Ti-VCT variable independent timing on both the intake and exhaust cams. Along with all that power, the 2011 GT model also (finally) gets a six-speed manual transmission or six-speed automatic. Not only does this allow for improved performance, but also fuel economy with Ford claiming a four to five percent increase in that department for an estimated 25 mpg on the highway and 17 mpg in the city, up from 23/17 on the current GT automatic model. Manual transmission models will get 24/16 mpg (highway/city)

Other engine highlights include a forged steel crankshaft and high-flow headers that Ford claims are what enthusiasts have always wanted.

Additional vehicle highlights include electric power steering, 11.5-inch front and 11.8-inch rear brakes, as well as a grade-assist feature that will hold the car momentarily when accelerating away from a stop on a hill. Added improvements were made to the rear lower control arms for improved stiffness and more direct handling, a stiffer rear sway bar delivers better on-center steering, while the spring and shock rates have been adjusted for optimal performance.

A Performance Package will include 14-inch Brembo front brake disks from the Shelby GT500 as well as special 19-inch wheels and high performance summer tires.

GALLERY: 2011 Mustang GT

See a dyno run of the 2011 Mustang GT’s 5.0L V8 after the jump:

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***See AutoGuide’s LIVE 2010 Detroit Auto Show Coverage Here***

It’s official: after several broken embargoes, Ford has officially released all the details on the new 2011 Mustang GT. The return of the 5.0-liter brings with it 412-hp at 6500 rpm and 390 ft-lbs of torque at 4250 rpm, a far cry from the 175-hp 302 cubic inch motor found in the 1983 model.

The new engine is an all aluminum unit with four valves per cylinder and dual overhead cams and gets Ti-VCT variable independent timing on both the intake and exhaust cams. Along with all that power, the 2011 GT model also (finally) gets a six-speed manual transmission or six-speed automatic. Not only does this allow for improved performance, but also fuel economy with Ford claiming a four to five percent increase in that department for an estimated 25 mpg on the highway and 17 mpg in the city, up from 23/17 on the current GT automatic model. Manual transmission models will get 24/16 mpg (highway/city)

Other engine highlights include a forged steel crankshaft and high-flow headers that Ford claims are what enthusiasts have always wanted.

Additional vehicle highlights include electric power steering, 11.5-inch front and 11.8-inch rear brakes, as well as a grade-assist feature that will hold the car momentarily when accelerating away from a stop on a hill. Added improvements were made to the rear lower control arms for improved stiffness and more direct handling, a stiffer rear sway bar delivers better on-center steering, while the spring and shock rates have been adjusted for optimal performance.

A Performance Package will include 14-inch Brembo front brake disks from the Shelby GT500 as well as special 19-inch wheels and high performance summer tires.

GALLERY: 2011 Mustang GT

Full technical specs and official release after the jump:

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***See AutoGuide’s LIVE 2010 Detroit Auto Show Coverage Here***

***UPDATE*** For full details and photos of the 2011 Mustang GT see here ***UPDATE***

Along with two previous broken embargoes on details surrounding the details of the 2011 Mustang GT, we now have the first broken embargo of photos related to the car. As you can see, the 5.0-liter engine is for real and it looks pretty schnazzy too, with a nice engine cover that still shows plenty of V8 metal.

As has already been leaked out, the 2011 Mustang GT’s new 5.0-liter motor makes 412-hp at 6500 rpm and an impressive 390 ft-lbs of torque. Owners will be able to choose from either a 6-speed manual of a 6-speed automatic transmission, helping the 5.0-liter motor to get 25 mpg on the highway.

The new 5.0-liter engine is an all aluminum unit with four valves per cylinder and independent variable valve timing on both the intake and exhaust ports. There are also specially tuned headers and a forged steel crankshaft.

Along with what’s new under the hood, the exterior of the 5.0 is mostly unchanged except for some nice retro “5.0″ badges on the fenders. The wheels also appear to be a new design.

The official embargo date is still set for the 28th at 12:01 a.m.and unless more info is (yet again) spilled prematurely, we’ll have even more to tell you then.

GALLERY: 2011 Mustang GT

[Source: Burlapcars]

***See AutoGuide’s LIVE 2010 Detroit Auto Show Coverage Here***

After details of the 2011 Mustang GT leaked out late yesterday, the folks at AutoWeek decided to blow more of the embargoed information and then additional outlets in attendance couldn’t help themselves by pouring on the details. As we reported yesterday, the 2011 Mustang GT will in fact get a 5.0-liter V8 engine making 412-hp. That power will come on at a lofty 6500 rpm with torque rated at an impressive 390 ft-lbs. Owners will be able to choose from either a 6-speed manual of a 6-speed automatic transmission, helping the 5.0-liter motor to get 25 mpg on the highway.

The new 5.0-liter engine is an all aluminum unit with four valves per cylinder and independent variable valve timing on both the intake and exhaust ports. There are also specially tuned headers and a forged steel crankshaft.

The official embargo date is still set for the 28th and unless more info is (yet again) spilled prematurely, we’ll have even more to tell you then.

Editors Note: We’ve decided not to officially list a source for this story as we don’t want to post a link-back to an embargo breaking source.

***See AutoGuide’s LIVE 2010 Detroit Auto Show Coverage Here***

***UPDATE*** Official 2011 Mustang GT info and pictures here ***UPDATE***

***UPDATE*** Additional information has now leaked out, with the new 5.0-liter V8 making 412-hp at 6500 rpm and an impressive 390 ft-lbs of torque ***UPDATE***

It’s official, the 5.0 is back! That’s right… we learned today that the iconic 5.0-liter will return in the 2011 Mustang GT with an impressive 412-hp. This information was released today and was embargoed until the 28th, but after a loose-lipped individual leaked the info, we’re certainly not going to sit back and miss out.

The output is still short of both the Challenger SRT8 and Camaro SS, but those vehicles weigh hundreds of pounds more, so the added power, combined with the ‘Stangs more nimble chassis should make the already superior performer a unanimous winner in the muscle cars wars.

Ford is set to debut the car at the Detroit Auto Show, and the return of the 5.0 was expected after Ford debuted a new 305-hp 3.7-liter V6 for the base Mustang at the LA Auto Show.

AutoGuide will bring you full coverage of the official debut on January 11th, unless, of course, more info is leaked… because we’re currently sitting on a long list of technical specs that will have five-oh fanatics drooling.