LX-Prize: 80 MPG '87 Mustang with 400 HP

Doug Pelmar's 1987 Ford Mustang LX Coupe might have just become our favorite X-Prize competitor. How come? Well, first off, LX Coupes are awesome to begin with, but Mr. Pelmar's is even more special. Rather than neuter his 'Stang in the name of high efficiency, he's gone and created something that should contend in the X-Prize's "Mainstream" category, but would also be right at home on the pages of Muscle Mustangs and Fast Fords. The car's engine runs on E85 for emissions purposes and has several modifications that Mr. Pelmar designed (mostly electronics, it seems) allowing it to run much more efficiently -- to the tune of a claimed 80 miles per gallon -- while producing 400 horsepower and 500 lb-ft of torque. He admits that he could squeeze more MPGs out if he dialed back the power some, but where's the fun in that? 80 MPG and 400 horses in a Fox body seems like a completely reasonable compromise to us. Oh, and MM&FF? You need to call this guy.

[Source: Mustang Evolution]