Work on the project started with a feasibility study in late-2017, with CAD and CFD design work then commencing roughly 12 months ago.
"In conjunction with Ford Performance in the United States, and Ford here in Australia, we have left no stone unturned in the development of the new Mustang Supercar," DJR Team Penske managing director Ryan Story said.
"We are introducing the very first two-door coupe into the Supercars category, and it was a mammoth task.
"Thankfully we had an incredible team of people involved, and I must single out Sriram Pakkam and Brian Novak at Ford Performance, along with our very own Perry Kapper and Ludo Lacroix, who have been instrumental in getting the car to where it is today.
"We have put many thousands of man hours into the design and construction of this car, and we now look forward to seeing it take to the racetrack in Australia and New Zealand to fly the Ford flag and hopefully do the ‘Blue Oval’ proud."
New app a Supercars first
In conjunction with Viva Energy, the Australian licensee of Shell, the team has also released its own app.
Now available via the Apple App Store and Google Play, the first app released by a Supercars team will be a one-stop-shop for content and offer Shell fuel discounts.
"We’re now into our third year as the naming rights partners of the Shell V-Power Racing Team, and are looking to deliver fan experiences in new and innovative ways," David Katic, Strategy and Business Development Manager for Viva Energy, said.
"This app allows us to reach the consumer directly through our partnership with the Shell V-Power Racing Team, and deliver real value to them in the form of special offers such as our fuel discount program.
"We will continue to develop and improve the offer over time, and believe that the app will be a major benefit to fans of the team, and the sport in general."