For all the nitty gritty details on the new Mach 1, check out the full breakdown of the model in our original reveal post.
To order a limited edition Mach 1, simply contact your Ford dealer, which can take orders now.
"This is one of those special Mustangs that truly brings a smile to the faces of our owners, enthusiasts and fans - including me - so there's never been a better time to bring back Mach 1 and have it go global too", said head honcho Jim Farley.
What's not clear are the output numbers as the Bullitt developed 345kW and 556Nm of torque in Australasia but Ford quotes 480bhp (357kW) for the Bullitt and Mach 1 in North America.
Order banks for the 2021 Mustang Mach 1, which has a base MRSP of $51,720, opened on October 14, 2020.
The Mach 1 features a version of the Bullitt's 480 hp 5.0-liter V8 that's equipped with the intake manifold and higher capacity oil system from the GT350's 5.2-liter V8 and uses the outgoing model's 6-speed manual transmission. The modern-day Mach 1 is produced in right-hand-drive at the Flat Rock, Michigan, plant.
Mach 1 Australian ambassador Rick Kelly meanwhile described the new model as a "unique opportunity for fans and customers" and said he was "pumped" to see the auto arrive next year.
And yes, that's a manual transmission with the proper Bullitt-style shifter.
Visually, the Mach 1 brandishes a series of retro-inspired styling cues including a redesigned front grille with faux lamp elements, a more aggressive lower chin and intake combination with two new side grilles, low-gloss Mustang pony badge, unique darkened body and bonnet decals and more aggressive aero features created to increase downforce.
Losing the Performance Package 2 also means that the Mustang doesn't have a direct competitor for the Chevrolet Camaro SS with the 1LE option, now priced at $45,495.
To enhance track endurance, the team added two side heat exchangers - one to cool engine oil, the other transmission oil - as well as a rear axle cooling system and lower diffuser from Shelby GT500. It becomes the new Mustang to bridge the gap between the standard GT 5.0-litre V8 and the supercharged Shelby GT500.
A new two-piece upper grille, lower grille and valance, and new side grilles, all contribute to Mach 1's signature look and more demanding aero and cooling performance requirements.
Starting price is $52,915 which includes a $11,95 destination charge.
Horsepower and torque ratings based on premium fuel per SAE J1349® standard.