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Ford has no intention of makinv the Mustang compete with the Corvette.
Sure, recently (well..starting in '03 with the Terminator) horsepower numbers have been relatively close, but the Vette is, and will continue to perform at a higher level than Mustangs. Seriously, it takes my car 662 hp to compete with a 505hp C5Z, and next years 450ish hp base/z51 will be nearly as quick.
If anything the Mustang over achieves in some performance metrics, but its definitely not aiming at the Corvette any time soon.
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2013 GT500
1999 GT- sold
1972 Mach 1- sold
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...if you want to compare performance numbers, well, the GT500 retains it's title of the highest hp, worst performing car in the world.
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