Ford has unveiled its Mustang Giugiaro concept, a one-off design study by Fabrizio Giugiaro, styling director of Italdesign. It’s powered by a supercharged version of the 4.6L 3-valve V8 from the Mustang GT which generates 500hp and the suspension has also been upgraded with new Dynamic-tuned dampers, lowered springs and anti-sway bars that ride on 20in wheels with 275mm tires at the front and huge 315mm rubber at the rear. More pics…

[via Motorauthority]