Mysterious Mustang V8 Prototype Spotted. What Is It?!

Check out this partially camouflaged Mustang prototype recently spotted. What do you think it is?

This prototype wears manufacturer plates so it’s by Ford, and the spotter who recorded the videos (view all the videos inside) confirms that it’s a V8. It also appears to feature flared front fenders and there is what looks to be some badging at the bottom of the driver door. See what other members think it may be and share your guess inside.