Capping off a year of 50th anniversary celebrations, Ford unveiled the first high-performance version of the all-new sixth-generation Mustang today ahead of the 2014 Los Angeles Auto Show. Surprising no one after months of speculation , that car is the Shelby GT350, and it seeks to be a more well-rounded performance car than the outgoing GT500. Starting under the hood, the GT350 features a new 5.2-liter V8 that produces “more than” 500 hp and at least 400 pound-feet of torque and is mated to a six-speed manual transmission. That’s a little less than the 600 hp originally predicted , but Ford says the 5.2-liter is the most powerful naturally-aspirated production engine it’s ever built. It’s still not as powerful as the 2014 GT500’s 662-hp 5.8-liter supercharged V8, but sometimes how that power is applied is more important. Ford says the new engine’s broad torque curve and free-revving nature will make it more usable. Ford seems to be going for a more balanced appro...