Will there be a 2023 Mustang GT?

UPDATE: Ford unveiled the all-new seventh-generation Mustang at the Mustang Stampede in Detroit on Sept. 14. Check out information about the new Mustang here.

Believe it or not, Ford debuted the sixth-generation Mustang all the way back in December 2013. The all-new seventh-generation Mustang — reportedly codenamed S650 — should be arriving very soon.

Ford has the Mustang Mach-E now, which offers a Mustang-branded car that is far more efficient, more practical and has all-wheel drive. That should free up the conventional Mustang to remain very much a good old-fashioned Mustang, at least for the current generation.

Here’s what we know so far about the future of Ford's iconic pony car.

We will meet the new Ford Mustang on September 14

Here's what may be the face of the new Ford Mustang

The new Mustang should carry over the current V8 and EcoBoost four

Ford should keep the combustion engine lineup intact, at least initially. According to a recent report from Ford Authority citing exclusive sources, the new Mustang will launch with the same 2.3-liter EcoBoost inline-four and 5.0-liter V8 found in the current 2022 model cars. Those engines should get the same 10-speed automatic and six-speed manual transmissions options found today.

Here's what the new seventh-generation Mustang will sound like

Ford provided a 16-second video teasing what the engine for the new seventh-generation Mustang will sound like. Enthusiasts will notice (and heartily approve of) its similarity to the outgoing Mustang GT with the 5.0-liter V8.

The new Ford Mustang may get a new Google infotainment system

The Mustang is probably not getting a hybrid or AWD

An electric Mustang will likely arrive down the road (but not for a while)

The seventh-generation Mustang life cycle should stretch into the early 2030s. It’s really hard to see Ford launching a new pure combustion Mustang at that point. One report has Ford launching an all-electric Mustang for 2028, which would overlap with the S650 — and eventually replace it. There's no confirmation of that timeline yet, but it would make a lot of sense.

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The 2023 Ford Mustang GT will herald in an all-new, seventh generation of the iconic muscle car. As American as apple pie, Ford’s revered pony car will bring with it some major updates for the 2023 model year.

Spearheading the new Mustang will be the Coyote V8 that, for all intents and purposes, has come to be synonymous with the Mustang nameplate itself. While the car is yet to lose its covers, there’s plenty we have been able to gather so far about the 2023 Mustang GT.

8/8 Redesigned And Re-engineered

2023 Mustang via Evo UKvia Evo UK

The 2023 Mustang is going to be an all-new generation for the iconic Ford pony. That means the carmakers from Detroit are going to re-engineer the car from the ground up, with the future in mind.

2023 Mustang Camouflagevia Evo UK

A new design was, of course, necessary, seeing how every carmaker across the world is now going to build their metal horses with hybrid engines and state-of-the-art futuristic tech, something that the Mustang GT is going to embrace as well.

7/8 The Arrival Of Hybrid Engine Options

Mach E Electric via Wired via Wired

Dealers have reportedly been told that the new Mustang GT will be offering hybrid engine options as well this time around. Of course, that also means that a substantial change in the chassis will have to be made, in order to accommodate the new power units.

2023 Mustang via Evo UK via Evo UK

On launch, which is slated for 2023, the Mustang GT could very well offer a turbocharged 4-cylinder hybrid unit. In fact, there is every possibility that Ford could outfit a variant with a hybrid V8 as well! With hybrid variants available this time around, an all-electric Mustang GT would no longer be a thing of only the imagination, but it is certainly not going to be here for at least a couple more years.

6/8 Whispers Of A New AWD System

2023 Mustang
via Evo UK Mulevia Evo UK

That's right, with the redesigned chassis could also come All-Wheel Drive for the 2023 Mustang. This won't be the first time Ford offered an AWD Mustang, as 1965 saw the Blue Oval take three AWD Mustangs off the assembly line, which were all the rage.

Mach E Powertrainvia Ford Media

Moreover, the Mach-E, based on the Mustang itself, offers AWD, so there could definitely be a variant or two of the 2023 Mustang which could come with power running to all its wheels, as opposed to the traditional RWD setup the Mustang has almost become synonymous with over the past decades.

5/8 It Will Have A Track-Ready GT3 Sibling

2023 Mustang GT3 via
Fordvia Ford Performance

Ford announced that they would be building a 2024 Mustang GT3 race car for the IMSA racing events, as well as overseas events. Powered by a specced-up version of the iconic Coyote V8 5.0-liter housed in the current Mustang GT, the GT3 variant would meet the criteria to compete in race events worldwide, including but not limited to Le Mans and Daytona.

Multimatic-Ford-GTvia RaceTechMagazine

Of course, like much of everything around the 2023 Mustang, Ford is keeping its details close to the vest. However, the GT3 sibling to the new Mustang would be built in partnership with Multimatic (who also helped out with the 2019 GT MK II and the Baja Ford Bronco), and M Sport. Thus, an all-American race rivalry could finally begin between the Corvette Z06.R GT3 and the Mustang GT3- there's a sentence that nobody could've fathomed a few years ago.

4/8 2023 Mustang GT Engine Options

Ford Mustang 2.3L EcoBoost HPPvia WardsAuto

With nothing concrete as of yet and no details available clearly, it would be safe to say that the new Mustang GT would come with at least two of Ford's EcoBoost engine variants- the 4-cylinder 2.3-liter and the V6 3.5-liter power units.

ford-coyote-engine-04via OfficeChai

Of course, one would be remiss to not mention the Coyote V8, the monstrous 5.0-liter engine that has given the Mustang its place in history. Moreover, with the new generation, Ford would be sure to follow suit with the rest of the world and offer a hybrid engine variant of the V8 Coyote, as well as a hybrid option on one of the lower-powered trims.

3/8 It Will Not Forget Its Muscle Car Roots

2023 Mustang via Evo UKvia Evo UK

The new generation of the Mustang GT has been spied doing testing rounds in the States, and while it is still heavily camouflaged, one can make out through squinted eyes that its aerodynamics and shape aren't all too different from the current generation. Thus, that also means that the interiors of the car aren't going to change much, in terms of space available and seating, that is.

While we can be certain the 2023 Mustang GT will offer state-of-the-art tech and fancy features loaded to the brim and definitely new materials for the cabin, the seats are pretty much going to be the same physically- two adults comfortably in the front, and the rear best left for kids, or your friends who need help reaching the kitchen top shelf.

2/8 It's Based On The High-end CD6 Platform

2024-Ford-Mustang-Prototype-Spy-Shots-January-2022-Exterior-003via FordAuthority

Ford's CD6 platform is quite a popular one, designed from the start to be a versatile and dynamic bed for cars across the lineup. Of course, Ford clearly abstains from using it for its smaller cars, reserving it for its high-end products.

2024-Ford-Mustang-GT-S650-Prototype-Spy-Shots-January-2022-007-1024x683via FordAuthority

Bits of the CD6 platform, which is also shared by the Ford Explorer and the Lincoln Navigator, were used in the current S650 Mustang GT, and the new GT should be built completely on the CD6, what with all the new-generation additions like AWD and Hybrid support.

1/8 It's Estimated To Start At Around $28,000

Ford-Mustang-badge-logovia Ford

With several variants, Ford would allow customers to bring home the 2023 Mustang GT at a lot of different price points. Starting off at around $28,000 would be a good bet, which is slightly more than the current base price of the EcoBoost Fastback.

Ford Mustang 2023 Spy Shots Test Mulevia FordAuthority

The Coyote-powered V8 high-end variants could certainly start at around the $40,000 mark, and cross the $50,000 threshold too. On the other hand, the Shelby models focusing on performance could well be over $70,000, seeing as the 2022 Shelby GT500 retailed for nothing less than $73,000.

All in all, it with all the camouflaged test mule shots running about, it's a safe bet to assume that the covers would be taken off the 2023 Mustang GT fairly soon.

Is there going to be a 2023 Mustang GT?

The 2023 Mustang GT convertible, the ultimate high-speed tanning machine, should list for about $48,000. While it will take Ford some time to fully flesh out the seventh-gen Mustang range with performance models like the Shelby GT500, it's worth noting the 2022 version of the GT500 was about $73,000.

Will the 2023 Mustang have a V8?

Most Advanced and Athletic Engines Ever It starts with Mustang GT, now powered by an advanced, 5.0-liter Coyote V8 engine.

How much HP will the 2023 Mustang GT have?

The Mustang is best enjoyed with its sonorous, 450-hp 5.0-liter V-8, which comes only in the GT or the Mach 1. The latter has an additional 20 horsepower (470 total) versus the regular GT model, and features performance equipment pulled from the Shelby GT500 that makes it more exciting to drive.

Is the Mustang changing in 2023?

We aren't expecting any significant body changes with the 2023 Mustang lineup. That means that the 2023 Ford Mustang dimensions will be the same as the 2022, measuring 188 in. L x 75 in.