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I say.....the front design has some influence of the 2017 Lincoln. Similar design language.

Looks Like the S650 is coming out on schedule for 2023 model year. See https://fordauthority.com/2022/04/s650-ford-mustang-on-track-for-2023-launch-says-company-rep/ and https://gn24news.com/2022/04/03/meet-the-new-2023-ford-mustang/

Interesting look, great rendering job ACE! I do wish that the new design would move from what I would now call the outdated boring look that cars are getting. When I look at the Caddy and the BMW 850 I see little of the current Mustang and the Polestar 1. Car designer are trying to be retro or...

I say the clue is the $1.1 Billion investment. My guess is that Ford is already working on the next Bronco and how to leverage that for Mustang-Crossover using the ford GT V6 engine derivative. Price 80K+ limited run. Inspired by (cash-cow) competition Durango SRT Hellcat??