The corvette hunter mustang project?

[steve]

Hi everyone I'm a recent retiree looking to spend my hard earned money finishing a childhood dream to build a car that will hunt corvettes, and look good doing it. So............
I am building a 1969 Mustang from the ground up. I purchased a dynacorn chassis so I am starting totally from scratch. I know all the "old" engines that the mustangs had. I owned both a 67 gt 350 and a 70 gt 500 when they were new...dont get me started on giving those up. Ideally I wanted to drop a 427 SOHC in it since that was 'bout the only thing back then to make a vette worry, but I recognize those are hard to come by plus while they made horsepower like nothing else they also ate fuel and my daughters keep telling me i need to be "socially responsible". So to that end- What I want to know is, can I find a new ford motor that will match the brute force of the 427 and get me good mpg defined as >11 mpg during daily driving ? Thanks Oh also I am not adverse to blowing the motor.

 

[Old Man Dirt]

The best place to go for Ford Performance engines is Ford Performance. A bit on the expensive side, but some of us (not me) have deep pockets.
Look at this one: http://www.fordracingparts.com/parts/part_details.asp?PartKeyField=11985
It has all the nice things of today's engines, and should give better mpg's then a carburetor engine.
If you go with a more up to date fuel system (fuel injected), like say a mega squirt, a old big block would get better fuel ratings and produce more power.
You might want to consider an IRS for the rear, to get the best of every thing.