A Ford Mustang Raptor Might Actually Be In Development and We Have ThoughtsCar and Driver is reporting that Ford may be developing a Mustang Raptor — an off-road-capable variant of the S650 Mustang, presumably wearing similar suspension, skid plate, and aesthetic treatments to the F-150 Raptor that has become one of the most profitable vehicles in Ford's lineup. The idea sounds insane on its surface. Once you sit with it for a minute, it starts to make a certain kind of sense, even if it breaks some fundamental ideas about what a Mustang is supposed to be.The business case is obvious enough. The Raptor badge has become a genuine premium on any Ford product it touches. F-150 Raptor buyers pay significantly more than they would for an equivalently equipped standard F-150, and the demand has been consistent enough that Ford has added an R variant at an even higher price point. Bronco Raptor adds another tier to the Bronco lineup with commanding pricing. A Mustang Raptor would give Ford a way to extract premium pricing from Mustang buyers who want something more adventurous than the standard car.The enthusiast objection is also obvious: the Mustang's identity is rooted in performance on pavement, not performance in the dirt. Lifted suspension and knobby tires run counter to everything the Mustang badge has historically represented. If the Corvette SUV rumor is the wrong direction for Chevrolet's iconic performance car, then a Mustang built primarily for gravel roads seems like a similar betrayal of purpose for Ford's.AdvertisementAdvertisementThe counterargument is that Bronco Raptor didn't destroy the Bronco. Ranger Raptor is a legitimate truck that enthusiasts respect. The Raptor treatment applied to the Mustang doesn't have to replace the Mustang GT — it would be an additional variant for buyers who want something different. And off-road capability in a sports car isn't inherently absurd; Subaru has proven for decades that there's a real market for capable, driver-focused vehicles that can handle mixed surface conditions.If it happens, it will be one of the more interesting automotive product decisions of recent years. Ford is clearly trying to get the maximum value from the Raptor brand equity it's spent years building. Whether putting it on a Mustang is brilliant brand extension or overreach is a question the market will eventually answer.Join our Newsletter, follow our Instagram page, and connect with us on Facebook.