The anniversary model is the result of a collaboration between Iacocca, designer Michael Leone, Gaffoglio Family Metalcrafters and Design Company.
Each of the 45 limited edition Mustangs, including the example in question, are custom-built by the team at Gaffoglio Family Metalcrafters, who used composite construction laminates, a reinforced material that is primarily used in aerospace design.
The special edition comes in two powerplant options sourced from the same engine, namely a normally-aspirated 4.6l Ford V8. The unit develops either 320 hp (for the Ford Racing Cold Air) or 400 hp (for the Ford Racing Supercharger). Both are mated to a 5-speed stick shift transmission, but the option for a automatic version is still on the table.
The vehicle is based on a 2009 Mustang GT platform, the suspension has been upgraded with a Ford Racing Performance Handling Package, wheel shave been custom made and wrapped in Goodyear Eagle RS-A performance tires.
Interior highlights include a leather-wrapped steering wheel with "I" logos, Diamond Design leather seats with embroidery stitching, an Iacocca signature dash plaque with serial number, a leather-wrapped steering wheel with “I” badge and Iacocca-badged aluminum sill plates.
You can place your bid for the Iacocca Silver 45th Anniversary Mustang and lunch in LA with Iacocca himself at the following link.