Ask 100 track-driving enthusiasts what the perfect track car is, and you're likely to get 100 different answers. Despite living in the shadow of the 760-hp Ford Mustang Shelby GT500, the 2021 Ford Mustang Mach 1 deserves consideration, especially if your track car needs to be a daily driver. Named for the Mach 1 special editions of the past, the new Mach is best thought of as a track-focused replacement for three discontinued Mustangs: the Mustang GT with the Performance Package 2 (PP2), the Mustang Bullitt, and the GT350. With the Bullitt and the GT PP2 out of the lineup, Ford goes so far as to bill the Mach 1 as the most track-capable 5.0. Answering the call to speed is a 480-hp version—20 more horses than the standard GT—of the port- and direct-injected 5.0-liter V-8 from the Bullitt. Unlike the Bullitt, the Mach 1 utilizes Tremec's TR-3160 six-speed manual transmission borrowed from the GT350 instead of the GT's Getrag-built box and will also offer a 10-speed automatic ($1595) that wasn't available in the Bullitt. For drivers still perfecting their craft, the Mach 1 features automatic rev-matching downshifts—purists will be happy to know it can be shut off. Those looking to squeeze an extra tenth out of their times will like the six speed's no-lift-shift feature that allows you to keep the accelerator pinned during full-throttle upshifts.