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I don't think the high end 650hp Mustang is being made to compete with the ZL1, I have heard that there still will be a 550hp GT500 (maybe more hp to compete) but at a much lower MSRP than the ZL1. The TT SVT Mustang is being made to make the GT500 look small because it will eventually take the GT500s place.
The ZL1 is not what said Terminator is after, it is there merely to end the dominance of the GT500 as the HALO Mustang...
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