After we showed you the 2012 Mustang BOSS 302 from Ford Racing and its awesome TracKey feature back in November, we got lots of questions on when we would see this new tech in action. Our inquisition is now pacified…

This little piece of pocket tech from Ford Racing allows for direct personality shift between street and track performance trims. The standard black key does all the regular, simple functions one expects in a carved piece of metal. The red TracKey, however, engages a software program which changes over 200 power train parameters.

Hit the jump to see the BOSS 302 in action with the all-new TracKey technology.

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Or at least that’s at least what hints, hopes, and rumors point toward in the upcoming years of the Ford Mustang.  We Mustang fans have to believe that something truly awesome will come on the eve of OR the year of the Mustang 50th Anniversary.  So much goodness has come out of Dearborn and the aftermarket these past few years, it’s gonna be hard to keep the inquiring minds at bay until the time comes…when rumor & speculation are laid to the wayside of truth.

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On the eve of official 2012 Mustang Cobra Jet production, Ford Racing has thrown out some great tidbits and photos of the engine build process for our viewing pleasure. It’s pretty awesome to see the detailed creation of the all-aluminum 5.4-liter engine block & rotating assembly and how it makes its way, station by station, all the way to the supercharged monster which ultimately lands beneath the hood of the 2012 Cobra Jet.

We’ve got the gallery and text below, but if you want to get a more linear time line of the sexy supercharged 5.4-liter V8 engine build, be sure to check out the complete procession of the build over at the Ford Racing site!

If there’s one thing Ford Mustang fans know all too well, it’s to not be complacent with today’s awesome Mustang GT, Shelby GT500, and other powerful aftermarket derivatives a la Mustang.  We’ve seen a lot of great things happen in 2010 and 2011, with 2012 only adding to the mix with the return of the Boss Mustang 302 and many other awesome attributes.  So now, what do we get excited about in the 2012 Mustang, the 2013 Mustang, 2014 Mustang, and beyond?  Will the Shelby GT500 slide to the wayside with a rebirth of the coveted SVT Cobra nameplate?  Will the Boss remain the king of the road and track?  What happens if the hippies win in D.C. and we step back to 4-cylinder engines, or gasp, electric power plants?  It’s tough to tell, but right now, all we have to say is “the sky is the limit”.

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UPDATE:  Sold for $450,00 at the auction!

Looks like the Blue Oval boys have set up an attention getter at the Barrett-Jackson auction in Laguna Seca, with a hotter than ever 2012 Mustang Boss 302 set to take stage and go home with a thick wallet.  The proceeds from the sale of this 2012 Boss will, like many Shelby auctions of recent, go for the benefit of the Juvenile Diabetes Research Foundation.

This one-of-a-kind Grabber Blue Boss Mustang will sport more than the base Boss stuff.  It will also adorn black accents upon the roof, mirrors, and spoiler; will have a set of Recaro seats with Grabber Blue embroidery, and under the hood–a 444hp 5.0-liter V8.  Awesome.

Keep reading to get the full scoop in the PR from Ford.

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We are sure to see an official announcement sooner or later, but for now, we know that Ford Racing plans to unleash a new race-ready 2012 Mustang Boss 302 S track car.  There’s not a ton to go on right now, but FordRacingParts.com has the specifics on what will be rolled into the 2012 Boss 302S.  The leaked photo we have here is sure to be expounded upon as we make it closer to an official Press Release.

The 2012 Mustang Boss 302S, in a nutshell, is a factory-built turnkey race car.  Prepped on the line for SCCA and NASA class racing, loaded with Ford Racing Performance Parts, and carrying a price tag of $79,000, you’d better be serious about speed to keep up.  What’s more, the production stream will be limited to just 50 units, whereas the Boss 302R is currently without limitation.

Be sure to keep your eyes peeled for this track terror.  More details and specs continue, below.

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Without an official blessing from Ford, somehow, the specifications for the 2012 Mustang Cobra Jet have surfaced (right, wrong, or indifferent) and we’re here to help spread the news.  The 2010 Cobra Jet, as you see, was a serious monster released as a production car by Ford/Ford Racing, set to terrorize every drag strip imaginable, to be controlled by a limited few.

So here we are, merely facing the intro of the 2011 Mustang models, and Ford somehow manages to tease out details on a performance model set yet another year ahead.  So what all is reportedly going to be included in the 2012 Mustang Cobra Jet?  Well, keep reading, and let’s see if the speculation proves to be grounded…

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Prospective owners who eventually take the reins of the new 2012 Mustang Boss will be further surprised at the latest pet feature unveiled by Ford today.  The pony car will be offered in twin-key fashion; one key, adorned with a black Boss logo & another key in a racing red hue (the TracKey) which turns the Mustang Boss 302 into a tarmac-ripping beast.  This project was spearheaded by the Mustang engineering team, Ford Racing, and TracKey, adding a complete powertrain control module (PCM) program to be activated solely by the turn of a specific key.  Over 200 engine management settings are adjusted, increasing torque, engaging two-stage launch control, and summary aggressive performance in order to tackle the track.

So just how does the magic happen?  Keep reading to get a view from behind the curtain in the Ford Press Release.

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OK, so you’ve gotten your hands on a set of keys that start up a 2011 Ford Mustang, right?  OK, good.  What…no?  No matter.  Owners and dreamers alike can estimate what it would be like to slap a supercharger atop the rekindled 2011 5.0 power plant.  One of the most reputed aftermarket crafters has released a complete tuner kit to augment the already successful Ford 5.0 Mustang; yep, you guessed it, ROUSH Performance.

If you want to figure out what all is in store with these packages, keep reading–ROUSH has lots in store in the months to come, so this is just the beginning!

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We’ve shown you a few aftermarket companies and their intake/induction offerings for the 2011 Ford Mustang these past few weeks, so now, here’s a change in gears.  Kooks has developed and released a new, complete exhaust system for the reborn 5.0 Mustang.  Their partnered development with Ford Motorsports has resulted in a perfect-fitting header and exhaust package designed to grab innocent bystanders by the ears…and is sure to turn some heads.  Sure, the new system promises great sound, but what about performance?  Kooks has it covered.  Internal dyno testing has shown consistent increases over 45hp and 4o ft-lbs of torque.  This is a great start down the road of milking more from the Mustang, for sure!  Be sure to check out all the technical detail in the Press Release from Kooks!

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