The new Ford Racing Mustang Challenge FR500S is now for sale at a reduced price of $59,900, compared to the $75,000 it was originally going for. We’re not too sure why they reduced the price by over $15K but who’s complaining? So basically you’re getting a limited edition Ford racer for a bargain basement price, which comes with a dyno’d V8 and final race prep by Miller Motorsports Park. If you’re into Mustangs and racing, this is your chariot. Check below for final specs:

Car built at AAI in Flat Rock, Mich., the home of the Mustang; additional race-prep fabrication at Watson Engineering in Taylor, Mich.; final race prep at Miller Motorsports Park in Tooele, Utah. First-ever Ford production-line race car.
Roll cage built to SCCA, NASA and Grand-Am specifications
Factory-built and painted body shell with all sound deadening and seam sealer deleted
Complete safety system including integral side head restraint seat, a six-point HANS-compatible harness, and steering wheel with quick-release hub, fire suppression system and window net
Lexan quarter and rear windows
AIM MXL Data Acquisition System
Master cutoff switch and center switch panel
Decontented wiring harnesses for minimum necessary functionality
Aero: Wing/Splitter
Powertrain

Engine Type: Dyno-checked and sealed 4.6L 3-valve, fuel-injected V8
Bore/Stroke (mm): 90.2×90.0
Compression Ratio (in/mm): 9.8:1
Material: All Aluminum
Horsepower: 325
Ford Racing high-capacity racing radiator and aluminum de-gas bottle
Ford Racing 84mm cold-air intake kit
Ford Racing driveshaft loops
6-speed Ford Racing transmission with upgraded clutch and Ford Racing short-throw shifter
3:73-ratio axle with Ford Racing/Torsen differential
Recalibrated PCM
Ford Racing/Borla stainless steel long-tube headers and X-Pipe
Chassis/Steering/Brakes

Drivetrain Layout: Rear-wheel drive
Front Suspension: Two-way adjustable front dampers with coil springs, adjustable anti-roll bar, adjustable ride height
Rear Suspension: Live-axle; Panhard rod, two-way adjustable rear dampers with coil over springs, anti-roll bar, adjustable ride height
Steering Type: Rack-and-Pinion
Ford Racing front strut tower brace
Ford Racing front and rear sway bars with 3-position front adjustment
Ford Racing front camber/caster plate
Ford Racing/Brembo 4-piston 14