1966 Ford Mustang Pegasus Custom Convertible

This incredible Mustang is nothing like Lee Iacocca ever envisioned. With over 150 modifications and a nickname that describes its performance this is truly a one of kind vehicle. The moniker, “Pegasus”, invokes the speed, power, and agility of the mythical winged horse of ancient days. But believe us, this is no ancient animal. With a drive train that puts out well over 400 horses through a smooth shifting T-5 5 speed transmission and 9 inch posi 3.50 rear end, the fun is just beginning. It cruises down the road with ease and a performance that matches its exterior appearance. This fantastic and rare Mustang came out of a collection of truly unique and well turned out cars from the Phoenix area. Below is only an introduction to the high quality engineering and modifications done to this one of a kind Mustang. It was designed and built by an engineer, for his own use and to his exacting standards. This is a no disappointment rendering that is sure to please it's new owner and supply them with years of fun and appreciation.


  • Rebuilt 289 block that has been punched to 306 CID with a Comp Cam and Holley 600 4V Carb

  • Pumps are managed by a March Serpentine Belt set-up

  • Ford T-5 5 speed manual transmission with a modified short throw shifter

  • Front suspension utilizes chrome coil over shocks and Mustang II Rack and Pinion Steering

  • The rear uses KYB shocks with HD 5 leaf 1.5 in. lower springs to support the 9 inch 3.50 rear end li>

  • Braking is provided via 4 wheel slotted and drilled disc brakes

  • Seats are Pro Car Racing fit with 4 Point Harnesses split by a custom built console with parking brake lever

  • The top and rear seat have been removed and replaced with a custom tonneau cover with 2.5 inch roll bars behind each seat

  • In the dash is a 7 inch DVD/Navigation system with a backup camera and 1800 watt sound system

  • Full Instrumentation is by TPI Tech in a custom brushed aluminum panel with Push Button Start

  • The wheels are Boyd 17X8 inch with Yokohoma 235/40/17 Z rated black walls

  • Dual Custom made “Stealth” exterior Rear View Mirrors and wide angle 6 lane rear view mirror

  • The exhaust is a custom built dual system with electric cutouts that sounds awesome

  • The grill is custom with Shelby street racing apron and Tri Bar Headlights

  • Steering column is a Polished Billet Tilt with a Carbon Fiber Wrapped Wheel

  • The doors are two way Lambo Style with Billet handles and custom panels

  • Detailed Engine Bay and Custom Trunk liner and floor with hidden storage

  • There is a lot more than there simply is not room to list here so give us a call


Engine Type


Engine Size

289 V8

Fuel Specification

92/93 Octane


Body Color


Body Style




Paint Type










Interior Color

Gray & Silver

Seating Type


Seat Material


Shifter Type


Contact Details