Ford unveils its stunning Mustang Giugiaro concept car, which is “powered by a 500hp supercharged 4.6L 3-valve V8 from the Mustang GT.” More pictures after the jump.

The suspension has also been upgraded with new Dynamic-tuned dampers, lowered springs and anti-sway bars that ride on 20in wheels with 275mm tires at the front and huge 315mm rubber at the rear

[via MotorAuthorityLeftLanenews]