This was the first year of the performance model of the Ford Mustang which had been introduced in 1964 as a sporty "pony car" to attract younger buyers into Ford products. After 5 years of development, Ford saw the need to create performance Mustangs to compete with GM and their release of the Chevrolet Camaro and Pontiac Firebird. While several performance options had existed in the form of factory 289's (from the 1965s on) and factory FE engines (new for 1967 with the S-Code Engine), the vast majority of Ford Mustang's performance mantle was carried by cars modified by the legendary Carroll Shelby. 1969 was the benchmark year for Ford Mustang in its proliferation of performance names and engines. No less than 7 factory performance Mustang models were available (Boss 302, Boss 429, Shelby GT350, GT500 and the Mach 1). Additionally, nine variations of V-8s were available in the 1969–1970 cars. The GT model was discontinued after 1969.(1969 GT sales had dropped to 4,973 versus 72,458 1969 Mach 1's sold.) The "GT" Mustang did not appear again until 1982 on the Fox body platform.
Mach 1s came with upgraded suspension to varying degrees dependent upon powertrain choices. Big block cars had front shock tower reinforcement, thicker sway bars (no rear bar for 69), and heavier springs and shocks. 428 CJ/SCJ 4 speed cars also came with staggered rear shocks. Standard on Mach 1s was a fierce but cosmetic hood scoop that had integrated turn-signal lights mounted in the back. A more functional option was the signature "Shaker hood", an air scoop mounted directly to the top of the motor, used to collect fresh air and so named for its tendency to "shake" above the V8 below. The interior came complete with teak wood grain details, full sound deadening material and high-back sport bucket seats. In 1969 Performance Buyer's Digest put a new Mach 1 through its paces at Bonneville, breaking some 295 USAC speed and endurance records. Ford kept the Mach 1 alive into 1970 and little changed outside the visual. New Mach 1 specific bucket seats, Magnum 500 wheels, recessed taillights on a black honeycomb rear panel as well as new side and rear badging and striping were the main visual differences. Outselling the base GT model, Ford canceled the GT altogether to make the Mach 1 the primary street performance Mustang. (info from wikipedia)
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