With only 45 examples ever built, the Iacocca Silver 45th Anniversary Edition Ford Mustang is a true rarity that was conceived to celebrate 45 years of the Mustang. It is a unique tribute to Lee Iacocca, the father of the Mustang. This exceptional car was designed and crafted by Michael Lyon and the Gaffoglio Family Metalcrafters in collaboration with Iacocca himself.

The Iacocca Silver Mustang is a testament to the ingenuity and craftsmanship of creating a one-of-a-kind car. So let's get into the nitty-gritty of the magic behind this S-197 generation-based Mustang from 2009, and dive into the story behind this iconic machine.

Related: The Best Ford Mustangs of All Time

Who Is Lee Iacocca?

Lee Iacocca
(AP)
Lee Iacocca shook up the auto industry with his bold vision, revolutionizing it and creating a lasting impact.

Lee Iacocca was a true champion of industry and a leader who made significant contributions to shaping the automotive landscape as we know it today. He distinguished himself through his innovative thinking and forward-looking approach. Iacocca led the development of iconic cars like the Mustang, and Ford GT. He convinced Henry Ford II to enter it to compete at Le Mans which, saw great success.

After guiding in an unprecedented era at Ford Motor Company, an even more remarkable turnaround was made by Iacocca when he saved the Chrysler Corporation from bankruptcy during its darkest hour. His impact on the auto industry is noteworthy. Long after his term ended, the Blue Oval launched commemorative editions (like the Iacocca Silver 45th Anniversary Edition Ford Mustang) to honor his achievements.

Related: The 10 Most Desirable Classic Ford Mustangs in Existence

Exterior Design And Modifications

2010 Ford Iacocca Silver 45th anniversary Mustang
TopSpeed
2010 Ford Iacocca Silver 45th anniversary Mustang unveiled last week and sells for $125,000 at auction

Designed by Michael Lyon and crafted by the Gaffoglio Family Metalcrafters, the Iacocca Silver 45th Anniversary Edition Ford Mustang attracts attention no matter where it goes. From the light-weight composite materials used in the construction to the silver exterior paint that shines bright in the sunlight to the sleek black interior, it is evident that a keen eye for detail went into designing this car.

With exquisite details like the special badges and recessed headlights, the overall design is far cleaner than the Mustang of its day. The 20-inch chrome alloy wheels add sophistication to the outstanding appearance, while the fastback design sets it apart from other Mustangs of the era. The subtle side vents near the rear quarter windows give it an extra touch of elegance. Additionally, the Iacocca badging on the back should remind you of the man who helped create the legendary OG Mustang. It's no surprise that car enthusiasts consider this model, a work of art.

2009 Ford Mustang Iacocca cabin
Mecum
A shot of the 2009 Ford Mustang Iacocca 45th Anniversary's interior

Inside, you pretty much the cabin of the S-197 generation with some more luxury appointments like more luxurious quilted leather seats, a Iacocca bagde on the steering and a special plaque on the dash.

Related: 2009 Ford Mustang Lee Iacocca Edition

Under The Hood

2009 Ford Mustang Iacocca 45th Anniversary Engine
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A shot of the 4.6-liter V-8 in a 2009 Ford Mustang Iacocca 45th Anniversary

The Iacocca Silver Mustang is a true powerhouse, with either a naturally aspirated 4.6 liter V-8 rated for a respectable 320 horsepower or the optional 4.6-liter supercharged V-8 engine and an impressive 400 horsepower on offer. The Tremec TR3650 five-speed manual transmission came as standard on all 45 examples and set this Mustang apart, providing an exhilarating driving experience. Undoubtedly, this rare Mustang has impressive features, perfect for anyone seeking a ride with powerful performance.

Related: Everything You Need To Know About The 1966 Ford Mustang

Performance Upgrades

Ford Iacocca Silver 45th anniversary Mustang
Motortrend
A side shot of the Ford Iacocca Silver 45th anniversary Mustang

The Iacocca Mustang received an impressive upgraded Ford Racing handling package. With firmer springs and modified shock absorbers you can expect responsive handling, and a smoother ride. Moreover, the 14-inch disc brakes are a notable upgrade from the standard GT's brakes, with a two-inch increase for better stopping power. Whether cruising down the highway or carving up a curvy canyon road, this Mustang will deliver a stimulating driving experience. Altogether, these performance upgrades should help offer up a thrilling drive.

Related: 7 Major Differences Between The S550 Mustang And The S197 Mustang

Current Values

Ford Iacocca Silver 45th anniversary Mustang
Motortrend
A rear shot of the Ford Iacocca Silver 45th anniversary Mustang

With its stunning silver exterior and robust engine, the Iacocca Silver Mustang is a car that demands attention. This car's appeal is partially due to its exceptionally high resale value. Notably, they can fetch as much as $90,000, proving that this car is one of the most sought-after models in the Mustang lineup.The Iacocca Mustang represents a flawless blend of modern engineering and classic design; for owners of this car is about speed, performance, and the privilege of having such a rare vehicle.

Most classic car collectors consider the Iacocca Silver 45th Anniversary Edition Ford Mustang a dream come true, with only 45 models created worldwide. Its unique characteristics, like exterior design upgrades, improved performance capabilities, and superior handling dynamics, make this rare beauty an undeniably appealing car. Additionally, it is investment potential. This car pays homage to Lee Iacocca and how his vision gave us one of the most recognizable cars ever built.