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5.0L (1979-1995) MustangTechnical discussions on 5.0 Liter Mustangs within. This does not include the 5.0 from the 2011 Mustang GT. That information is in the 2005-1011 section.
If I were you I'd just even the playing field and throw in a 5.8L...you can exceed 400hp no prob and with the weight of your car and the right gear you'll have no worries...any way you go is still cheaper than what he spent on the gto