Dearborn, Michigan – Ford is reviving the legendary Mustang Boss 302 for 2012, along with a limited-production, track-oriented Boss 302 Laguna Seca model. Only once before has the model been offered, in 1969.

Based on the 2011 Mustang GT, the Boss 302 offers upgraded engine output, brakes, suspension, interior and exterior, optimizing weight, aerodynamics and track performance. It will be engineered and available only from the factory, and will not be a package that can be added to an existing car, or achieved through tuning or aftermarket parts.

The Laguna Seca model is based on the Boss 302, but deletes the rear seat, and adds race-ready suspension and aerodynamic treatments.

“The decision to build a modern Boss was not entered into lightly,” said Derrick Kuzak, group vice-president of global product development. “The entire team at Ford felt the time was right and with the right ingredients, the world-class 2011 Mustang could support a successful, race-bred, worthy successor to the original Boss 302. For us that meant a production Mustang that could top one of the world’s best, the 2010 BMW M3, in lap times at Laguna Seca. We met our expectations.”

The Boss 302 will offer 440 horsepower and 380 lb-ft of torque, and use a short-throw, close-ratio six-speed manual transmission with race-inspired clutch and 3.73 rear axle. A Torsen limited-slip differential will be available as an option.

Exterior colours will be Competition Orange, Performance White, Kona Blue Metallic, Yellow Blaze Tri-Coat Metallic or Race Red, with either a black or white roof panel coordinated to the colour of the side stripe.

Connect with Autos.ca