The Mustang Mach 1 is back. Ford (F) will begin delivering the 2021 pony car to the U.S. and Canada in the Spring of 2021 after an absence of 17 years.

Available in traditional and limited-edition models, the Mustang Mach 1 sits between the Mustang GT and Shelby muscle cars, delivering 480 horsepower at 7,000 rpm from a 5.0-liter V8 powertrain. It produces 420 pounds-per-feet of torque at 4,600 rpm.

The engine is mated with a six-speed Tremec 3160 transmission, taken from the Shelby GT350. A 10-speed SelectShift automatic drivetrain with upgraded torque converter can also be equipped on the vehicle.

The front end on the Mach 1 has also been reengineered and integrated with components from the Shelby GT350 and GT500 models, including the intake manifold, oil filter adapter, and engine oil cooler, which is designed to increase engine oil cooling by 50%, Ford said. The Mach 1 also takes the GT’s twin-disc clutch and short-throw shifter.

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Added aerodynamics has been added into the front end of the Mach 1 with a grille that is reminiscent of the original muscle car. New side grilles have also been incorporated along with the pony badge and black accents throughout. Rounding out the Mach 1 is aluminum wheels.

Paint options include Fighter Jet Gray, Iconic Silver, Shadow Black, Oxford White, Velocity Blue, Twister Orange, Race Red, and Grabber Yellow with hood strips offered in three colors – red, white, and orange. The interior of the Mach 1 includes ebony leather seats and Dark Spindrift instrument panel with a 12.3-inch LCD instrument cluster.

A handling package is also available, including six-speed Tremec 3160 manual transmission, higher downforce front splitter, front-wheel lip moldings, and low gloss Magnetic swing spoiler with Gurney flap and rear tire spats taken from the GT500.

“Bold styling, great acceleration and speed – Mach 1 says it all,” Jim Farley, Ford’s chief operating officer at Ford, said in a statement. “This is one of those special Mustangs that truly brings a smile to the faces of our owners, enthusiasts and fans – including me – so there’s never been a better time to bring back Mach 1 and have it go global too.”

Shares of Ford stock were up 2.54% as of 9:53 a.m. EDT on Tuesday.

Mustang Mach 1
Ford's Mustang Mach 1 pony car is back for 2021. After a 17-year hiatus, the all-new Mustang Mach 1 fastback coupe makes its world premiere - becoming the modern pinnacle of style, handling and 5.0-liter V-8 pony car performance. Ford Motor Company