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Built at Saleen Special Vehicles in Troy, Mich., the car was developed by the same members of the Ford GT "Dream Team" who are building sub-assemblies and painting body panels for Ford’s first supercar.

The racecar is engineered to tackle the world’s toughest road and street courses with a stiff structure – based on the all-new 2005 Mustang scheduled for sale this fall – a collection of the most sophisticated racing parts from many racing series and a Formula One-inspired steering wheel. However, the Mustang GT-R could be easily transformed into an affordable, competitive option for grassroots teams because it uses 85 percent of the 2005 Mustang’s body components along with the same suspension setups and the already-attainable "Cammer" powerplant.