You might not have wanted anything for Christmas, but Ford has given Mustang fans an early gift this year. After extensive testing, the horsepower and torque numbers for the 2024 S650 Ford Mustang are finally verified, from EcoBoost to Dark Horse. Let’s open the presents…
2024 Ford Mustang Horsepower Details
First up is the 2024 Ford Mustang EcoBoost. Powering the base S650 Mustang is a revamped turbocharged 2.3L EcoBoost engine, officially delivering 315 horsepower and 350 lb-ft of torque. It’s the most powerful base Mustang yet. Additionally, Ford is targeting fuel economy improvements, aiming for 22 mpg city/34 mpg hwy and 26 mpg combined. That would be a 2 mpg highway improvement over the S550 Mustang EcoBoost.
You can read more about the engine improvements in the 2024 Ford Mustang EcoBoost in our interview with its chief engineer right here.
Second up is the S650 Mustang GT, which claws back the power losses due to LEV III emissions standards that we saw in the previous-generation Mustang GT, and then some. With a fourth-generation 5.0L Coyote V8 engine, which is easily identified by its twin air intakes feeding dual throttle bodies, the S650 Mustang GT delivers 486 horsepower and 418 lb-ft of torque when equipped with an available active valve performance exhaust system. Without the exhaust system, the Mustang GT punches out 480 horsepower and 415 lb-ft of torque. It’s technically a gain of 10 horsepower from the 2022-2023 model years, which got dinged to meet LEV III.
In short, news you may have found elsewhere claiming the S650 Mustang GT would make only 450 horsepower was grossly mis-reported.
Finally, Ford is keeping its 500 horsepower promise official with the S650 Mustang Dark Horse, as well as delivering 418 lb-ft of torque. It’s the most powerful non-Shelby Mustang ever, and even overpowers the 6.4L Hemi Scat Pack Chargers and Challengers, as well as the Chevrolet Camaro SS.
The horsepower and torque numbers for the Coyote V8 Mustangs are the same whether they’re equipped with six-speed manual or 10-speed automatic transmissions. The EcoBoost Mustang is automatic only.
The 2024 Ford Mustang family will begin production at the Flat Rock Assembly plant in Michigan in the summer of 2023. Pricing is still TBD.


