Pony car enthusiasts have been waiting for this day for a long time, Ford finally announcing the return of the 2012 Mustang Boss 302. Not only is the Boss back, it looks hotter than ever. The new car features plenty of upgrades to excite the boy racer in many of us, not just pony car enthusiasts.

The Mustang Boss has a more powerful 5.0 liter V8 engine, producing 440 horsepower and 380 pound-feet of torque. The upgraded engine has increased horsepower but 10 lb-ft less torque than the 5.0 liter Mustang GT, but this car is designed to be a track car and is meant to be revved hard.

Other upgrades include an upgraded clutch with a short-throw shifter, re-tuned electric steering, traction and stability control, an adjustable suspension, and upgraded brakes. The upgraded brakes are 14 inch Brembo’s on all four corners with 19 inch light weight racing wheels wrapped in Pirelli PZero tires.

The exterior styling is inspired by the original 1969 Boss Mustang, with off color stripes on the doors and accented air intake area around the front grill and white or black painted roof. Five color choices are available; Race Red, Competition Orange, Performance White, Yellow Blaze Tri-coat Metallic, and Kona Blue Metallic.

Interior upgrades include the removal of 11 pounds of sound deadening material for better power to weight ratio and an overall upgraded acoustic experience. The interior trim has been blacked out for a more menacing look.

Ford will also be offering a limited edition Boss 302 Laguna Seca model that features an even stiffer body, stronger chassis, and aero kit from the Ford Racing 302R. Pricing is not available at this time.