Jay Leno gets a 2011 Mustang GT in his garage

It's no secret that Jay Leno is a huge car guy - and has what is arguably the nicest collection of them on the planet. So one could figure that his opinion on cars is worth its weight in gold, seeing as how the man has driven practically every car worth driving over the years.

In the latest installment of Jay Leno's garage, the late night mogul tries out a 2011Mustang GT. And not only is he impressed with the power and performance of Ford's new pony, he is very impressed with the build quality.

Videos: 2011 Ford Mustangs already in the 10's

The 2011 Ford Mustang is already one of the more powerful Mustangs ever offered. It also promises to have a boatload of potential for those so inclined to improve upon what Ford has created, which is most everyone who purchases one. The Mustang has always been a blank canvas of sorts for those who want to make it faster.

The first to achieve a 10 second quarter mile run in a 2011 model are the folks at JPC Racing. Thanks to 4.56 gears, tighter upper and lower control arms, racing slicks, and a 100hp shot of nitrous. The best time they recorded was a 10.96 @ 125.75 mph.

A little while later, Evolution Performance ran a 10.88 @ 126.66 mph using 3.73 gears, a prototype cool air intake, Eaton Trutrac differential, D.O.T. approved racing tires and a 100 shot of nitrous.

These numbers are certainly impressive in themselves, and show what kind of potential the new 5.0 possesses. Given some time to play around with the new mill, we are excited to see what kind of untapped potential it has.

2011 Ford Mustang promos hit the web

With two all new engines pumping out more horsepower than it's rival Camaro, the 2011Mustang has lots to brag about. And brag it does in this two Ford promo videos touting both the 3.7 liter V6 and the 5.0 liter V8.

Both promos point out all the lurid details of both cars, and do a nice job of making us want one even more.

2011 Ford Mustang GT officially has 412 hp, 26 mpg highway

We've known for some time that the 2011 Ford Mustang GT was getting a vastly improved powerplant in the form of a 5.0L V8. An increase in power was a given, and the subsequent 412 hp is exactly what has been rumored for some time now.

But what no one seemingly expects to be synonymous with a bump in power is an increase in gas mileage. But as with it's V6 brethren, the V8 puts out a respectable 17 miles per gallon in the city and 26 on the highway with a six speed manual, 18 and 25 with the automatic.

Those numbers are a large improvement over the outgoing 2010 model with the 4.6 V8, which was rated at 15/23 manual, 15/22 automatic. They also beat out the Camaro SS, which is rated at 16/24 manual and 16/25 automatic.

According to Ford, having an extra gear in the transmissions plays a large part in the better fuel economy, in addition to the Twin Independent Variable Camshaft Timing (Ti-VCT) that can quickly adjust the intake and exhaust valves. Check out the press release for all the details.

Press Release

2011 FORD MUSTANG GT LEADS CLASS WITH 26 MPG HIGHWAY, 412 HORSEPOWER

DEARBORN, Mich., March 16, 2010 – The 2011 Ford Mustang GT, powered by a new 412-hp 5.0-liter V-8 engine, adds yet another notch to its belt: an EPA rating of 26 mpg highway when equipped with the six-speed manual transmission, giving it the best fuel economy in its class.

"The 2011 Mustang continues to exceed expectations in every category, and these fuel economy numbers are another chapter in an incredible story," said Derrick Kuzak, Ford's group vice president, Global Product Development. "To offer this kind of horsepower and class-leading fuel economy in a comfortable, beautiful, tech-savvy and affordable package – it's really unprecedented."

With the six-speed manual transmission, Mustang GT coupe is rated at 17 mpg city and
26 highway, while models with the available six-speed automatic achieve 18 mpg city and
25 highway.

The GT's best in class fuel numbers come on the heels of the Mustang V-6, which just last week cracked the record books as not only the most fuel-efficient Mustang ever, but also the first production car in history to produce 305 horsepower and 31 mpg highway.

Mustang GT is powered by an all-new 5.0-liter double-overhead-camshaft (DOHC) V-8 with a host of advanced features to deliver the combination of power and class-leading fuel economy.

Twin Independent Variable Camshaft Timing (Ti-VCT) adjusts the valvetrain in microseconds depending on driver inputs. A carefully tuned intake and exhaust system ensures free breathing at all engine speeds. And all-aluminum construction results in a lightweight yet durable powerplant.

A pair of new transmissions, both with six forward ratios, also play a large part in making the 2011 Mustang a breakthrough car. Regardless of whether drivers want to shift for themselves or let the car shift for them, they're treated to carefully chosen gear ratios to maximize fuel economy while still delivering high-horsepower performance

"Mustang powertrain development has reached a point where customers don't have to choose between fuel efficiency and performance," says Barb Samardzich, Ford vice president of Global Powertrain Engineering. "Thanks to technologies like Ti-VCT and our six-speed gearboxes, a Mustang driver has the best of both worlds."

Update: Ford to produce limited run of Daytona 500 Mustang Pace Cars

Earlier we reported that Ford's 2011 Mustang would pace the 2010 Daytona 500. It was first thought that Ford would only produce one of the cars, and that it would be available in auction for one lucky person.

Ford announced today that they would be building 50 of the cars for public consumption. Each will feature the Daytona 500 paint scheme, special wheels, unique interior, and a host of parts from the Ford Racing catalog.

The actual pace car will be auctioned off at this week's Barrett-Jackson, and all proceeds will be donated to the Juvenile Diabetes Research Foundation.

PRESS RELEASE:

DEARBORN, Mich., Jan. 19, 2010 – For the first time ever, American's favorite muscle car will pace 'The Great American Race.'

For the first time in 40 years, a Ford Motor Company car will be pacing the field for the NASCAR season-opening Daytona 500 when the 2011 Mustang GT, powered by the all-new 5.0-liter V-8 engine, officially starts the race on Feb. 14 at Daytona International Speedway.

"Having the opportunity to pace America's biggest auto race with a Ford icon like the 2011 Mustang GT is truly an honor," said Jamie Allison, director, Ford North America Motorsports. "And to have the new 5.0-liter engine powering the car will be a great way to demonstrate its power and class-leading fuel economy."

This latest version of Ford's legendary muscle car will be a Race Red glass roof coupe with an all-new 5.0-liter V-8 engine capable of producing 412 horsepower, while delivering a class-leading 25 mpg on the highway.

The one-of-a-kind model will feature a special Daytona 500 paint scheme, Ford Racing suspension, strut tower brace and mufflers, unique painted wheels, and special interior treatment, including specially branded lit sill plates.

The 2011 Mustang GT Daytona 500 Pace Car model is one of only 50 special editions that will be built and sold to the public.

"Everybody loves Mustang," Allison continued. "That was evident last year from the fan reaction when we announced it was going to be our new model in the NASCAR Nationwide Series starting later this year. This is just another way to showcase a true American icon in its most natural environment."

The last time a Ford served as pace car for the Daytona 500 was 1970 when a Ford Torino GT convertible led the field to the green flag.

And while Mustang may be a rookie when it comes to pacing the Daytona 500, its 45-year history is firmly entrenched in racing and winning championships. Mustang captured championships last year in the Grand-Am KONI and SCCA SPEED World Challenge, in addition to leading Robert Hight to his first NHRA Funny Car championship.

Another element that makes this year's pace car even more unique is that it will be auctioned off for charity before the actual race. Later this week (Jan. 23), the Mustang GT Daytona 500 Pace Car will be offered at the annual Barrett-Jackson Scottsdale Collector Car Auction, which is taking place in Scottsdale, Ariz. Seven-time Daytona 500 champion Richard Petty, the newest member of the Ford Racing family, will be on site to help hand over the car to the winning bidder.

All proceeds over the manufacturer's suggested retail price from the pace car auction will go to help cure childhood diabetes through a donation to the Juvenile Diabetes Research Foundation.

Video: 2011 Ford Mustang GT 5.0 in action

The big muscle car news for 2010 is that the 2011 Ford Mustang (which goes on sale in spring of 2010) is packing some serious heat in the form of a 32 valve, aluminum 5.0 displacement engine. This modern reiteration of a past legend pumps out a stout 412hp and 390 lb-ft of torque, and the new GT proudly wears a pair of 5.0 badges on it's fenders, just like the old days.

Now that Ford has come out and revealed lots of juicy details about it's new V8, we have this video showing a new 5.0 powered GT with the Track Pack option being driven around. Unfortunately you won't see any tire smoking action, but it's all you got for now. Be sure and check out the other video below showing the 5.0 on the dyno putting down it's 412 ponies and almost making it to the 7,000 rpm redline.

2011 Ford Mustang GT 5.0 pics slip out a little early

The 2011 Ford Mustang GT and it's new 5.0L V8 have been two of this year's worst kept secrets. And keeping up with what has proven to be the norm with this car, we now have a picture of both the car and the engine leaked before the car's official debut at the Detroit Auto Show.

The car itself is no surprise, as we've already seen the '11 V6 powered 'stang, and it's not much different visually from the 2010 model. The biggest news here is the retro goodness of it's 5.0 badges on the front fenders. Are there ten car badges in the world that are more recognizable?

The 5.0 itself is a beautiful manifesto of intake piping snaking around the aluminum engine. No plastic shroud here to cover up all the glory of it's 412 hp and 390 lb-ft of torque. Check back next week when we'll have the details of the official unveiling.

Autoweek reveals more details on 5.0 powered 2011 Ford Mustang

After yesterday's not so surprising information that the 2011 Ford Mustang would indeed pack an available "Coyote" 5.0 V8 packing 412 hp, today Autoweek has revealed a few more details about the new mill.
To go along with that 412hp, the new 5.0 puts out 390 lb-ft of torque at 6,500 rpm. It also gets a thrifty 25 miles per gallon, reportedly. It accomplished this feat thanks to an aluminum engine block with cast cylinder sleeves and brand-new heads with four valves per cylinder, vertical intake ports and twin independent variable valve timing. The engine also features tuned exhaust headers, a forged steel crankshaft with four-bolt main bearings and new pistons and connecting rods.

Transmission options include either the 6R80 automatic transmission or the MT82 six-speed manual.

It's official: 2011 Ford Mustang to have 412 horsepower 5.0 V8

It has been rumored over and over for a long time now, but we have confirmation today that the 2011 Ford Mustang will indeed offer an available 5.0 V8. This news comes on the heels of Ford's 2011 V6 Mustang that offers almost as much power as the current V8 Mustang, so you knew a healthy boost was in store for the V8.

The 5.0 in the '11 will have a healthy 412hp, which is 10 ponies less than the Camaro SS and 13 less than the Dodge Challenger SRT8. Only thing is, both of those cars are considerable heavier than the Mustang.