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2009 1/2 Iacocca Silver 45th Anniversary Edition Ford Mustang - Click above for high-res image gallery

If anyone deserves to have his own special edition Ford Mustang, it's Lee Iacocca. The former president of the Ford division, Iacocca is known as the father of the Mustang and recruited Carroll Shelby to create special versions of the horse in his own image. Now, 45 years after the original Mustang debuted, Iacocca has built his very own version.

Known as the 2009 1/2 Iacocca 45th Anniversary Edition Ford Mustang, this coach-built pony car features a special body designed by Michael Leone and built by the legendary Gaffoglio Family Metalcrafters. The car features a reworked front end including sunken headlights and a prominent fastback look with the slope of the roof reaching all the way to the rear of the car. Inside, Iacocca's Mustang gets Diamond Design leather seats, a leather-wrapped steering wheel with "I" logos, and Iacocca-badged aluminum door sill plates. Finishing off the look of the car are 20-inch Iacocca Design wheels wrapped with Goodyear Eagle tires.

Performance enhancements come courtesy of the Ford Racing parts bin, all of which retain the factory warranty and include a cold-air intake system and the Ford Racing Handling Pack with new shocks and springs. Customers can also opt for a supercharger system that boosts the 4.6-liter V8 to 400 horsepower as well as a 14-inch front brake system.

Production of the Iacocca 45th Anniversary Edition Ford Mustang will be limited to a scant 45 units, available exclusively at Galpin Ford in Southern California. Follow the jump for the official press release and a full list of specifications.

Update - we've added additional photographs to the gallery.

[Source: I Legacy | Photography by Joey Julius, NGEN Media]


Forty-five years after he introduced the original Ford Mustang, launched at a dramatic press conference at the 1964 New York World's Fair, auto industry visionary Lee Iacocca today announced a new version of the famous muscle car – the Iacocca Silver 45th Anniversary Edition Ford Mustang – a breathtaking vehicle that utilizes the latest in Ford performance technology with a style and panache that screams, Mustang fastback. Only 45 "2009½" Iacocca Silver Edition Mustangs – all painted a special "Iacocca" chosen silver hue – will be built.

Nearly two years in the making, the Iacocca Silver Edition Mustang is a collaborative effort by Iacocca, designer Michael Leone, and Gaffoglio Family Metalcrafters, the world-class coachbuilding and Design Company in Fountain Valley, Calif. The new business venture is called I Legacy, and it will be in concert with Galpin Ford, the exclusive Ford dealership to offer these Iacocca Silver 45th Anniversary Edition Ford Mustangs to the public.

In a word, the new Iacocca Silver Edition Mustang is stunning. The lines flow organically from front to rear. The hand-crafted piece of rolling art, with its innovations and impact of the fastback design is truly exceptional in every way. With its sunken headlights, slanted grill and low stance, the car gives you "street attitude."

"Once in a while a car comes along that changes everything, and that was the original Mustang," said Iacocca.

The Silver Edition Mustang perpetuates the Iacocca mystique.

The car begins life on a 2009 Mustang platform, which is then uniquely modified and coachbuilt. While the exterior fastback design of the Iacocca Silver Mustang is compelling, the mechanical underpinnings are true American muscle. Two power plant options will be offered, a normally-aspirated 4.6-liter Ford V8 rated at 320 horsepower and an optional supercharged version that delivers a head-snapping 400 horsepower. Both engines are covered by a factory Ford warranty. Drivers will harness the power through a quick-shifting 5-speed manual transmission.

The car's suspension has been upgraded to keep pace with the power delivery. A Ford Racing Handling Package adds firmer springs and re-valved shock absorbers. A 14-inch Ford Racing Braking Package is optional. All suspension components will be covered under a factory Ford warranty, as well.

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 cars will initially be revealed and then available at a reception in late July, at Southern California's Galpin Ford dealership, the world's largest volume Ford dealer for 19 years, as well as an innovator in the promotion and retail of specialty automobiles. The price is yet to be announced.

The "Father of the Mustang" returns to the legend that started it all.

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.

Iacocca Silver Edition Mustang – Specifications

• 4.6-liter V8 with 320 HP (Ford Racing Cold Air - under WARRANTY)
• 4.6-liter V8 with 400HP Supercharger Optional (Ford Racing Supercharger - under WARRANTY)

• 5-speed stick shift transmission (there might be automatics)

• Ford Racing Handling Package (Ford Racing Package - under WARRANTY)
• 14-inch' Brakes Optional (Ford Racing Package - under WARRANTY)

Wheels & Tires
• Iacocca Design 20" Chrome wheels with "I" Design center cap
• 20''x 9 ½ " (F), 20"x 9 ½ " (R)
• Goodyear Eagle RSA 245 X 45 X R20

• Iacocca Diamond Design Leather Seats with Embroidery Stitching
• Iacocca Signature Dash Plaque with Serial Number
• Iacocca Leather-Wrapped Steering Wheel with "I" badge
• Iacocca Aluminum Door Still Plates
• One-Touch Up/Down power Windows
• Two Power Outlets
• Variable-Speed Windshield Wipers
• Rear Window Defroster
• Air-Conditioning

• Iacocca Design Hood Emblem
• Iacocca Design Trunk Cap "I" Emblem
• Iacocca Design Trunk Lettering

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    • 1 Second Ago
      • 5 Years Ago
      It sure beats the Iacocca Caliber.that The New Chrysler offered to build.
      • 5 Years Ago
      Look who's getting his "company car" back?
      • 5 Years Ago
      I love everything about this car. What is unfortunate is that Galpin and Iacocca are only making a few of these. It would be nice to see this offered directly by Ford in larger numbers (more affordable). I love the wheels and that is saying something for a 50 something guy whose owned about 8 Mustangs over the years. I didn't like the big rims on anything when they first surfaced years ago but now 20 inch doesn't even raise an eyebrow.
      All around a beautiful testament to a very talented man. Shelby would do well to use this fastback as a base for some of their offerings.
      • 5 Years Ago
      If you can find a better kit car-- BUY IT!
      • 5 Years Ago
      Yeah, I'm sure this whole process took the 3 weeks since that news broke.
      • 5 Years Ago
      This is really cool.

      I'm loving the fastback design.
      • 5 Years Ago
      Pretty nice stuff!

      This rework is very much in the spirit of some older Mustang show cars and really captures the 'essence' of Mustang - something Ford has great difficulty doing despite having considerable design resources at its disposal. Choosing Metalcrafters to build the cars was also a good decision. I bet they have deposits on all 45 already.
      • 5 Years Ago
      Since Iacocca is also the father of Ford Pinto, there should be a "Ford Pinto Iacocca Edition", with a bunch of TNT instead of a gas tank in the rear end...
      • 5 Years Ago
      Aside from the oversized wheels, looks pretty nice. I'd still prefer the regular 2010 versus this though.
        • 5 Years Ago
        First thoughts...beautiful fastback design. I was just thinking about doing a custom fastback (with a proper hatch though) on an S197 Mustang the other day.

        Then I had a WTF moment. The wheels just look like stock Challenger wheels!! Right??
        • 5 Years Ago
        That and... did they really have nothing better than:

        "•One-Touch Up/Down power Windows
        • Two Power Outlets
        • Variable-Speed Windshield Wipers
        • Rear Window Defroster
        • Air-Conditioning"

        ...to advertise in the press release?
      • 5 Years Ago
      That's a pretty good looking Mustang with the exception of the ridiculous wheels (and what's with the all season Goodyears?) What he did for Chrysler was remarkable, but I just can't associate the man with anything other than a K car.
        • 5 Years Ago
        Iacocca, of course, is the father of the Mustang.

        Now that he doesn't get a Corporate Chrysler vehicle, due to the C11 filing, he probably needs some good basic transportation.

        • 5 Years Ago
        What's wrong with the wheels? They're pretty cool looking IMO

        I think this is the best looking Mustang to hit the street in a while. They all look good but this is just awesome looking.
      • 5 Years Ago
      the front end looks a lot like the 2004 concept car, which is a good thing.
        • 5 Years Ago
        agreed, looks hot
      • 5 Years Ago
      Looks Great !! Of course I remember the 1964 1/2 Mustang because a friend of mine was one of the first to have one. It was white and the first ones with a V8 engine had 260 cubic inches and displayed a "260" emblem on the sides of the front fenders. Thats right !! "260". Then I ordered one from the local Ford dealer in Queens New York. A Prairie Bronze Convertible with a white top and Tan interior and when it was delivered to the dealer about six weeks later it had the "289" emblems on it. It was GORGEOUS !! Do you think a Convertible will be next ??
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