The story of the Mustang can't really be told without starting with original idea in the mind of a man who has become synonyms with the Mustang, Mr. Lee Iacocca. As early as 1960 Mr. Iacocca had an idea in mind for a sports car that would hold 4 people. His idea was to produce a car that could be bought by the masses and would cost less than $2,500.00. It was no secret at the time that Ford was not necessarily in favor spending millions of dollars re-tooling for a car that was to be sold to a completely unproven market.
Through some intense market analysis and the bull dog determination of Mr. Iacocca Ford did finally give the go ahead to build the sporty 2 door. In an interesting twist the final clay model was