That Mach 1 has been one of my dream cars for some some time. I picked up a '72 Gran Torino Sport for $750 a few years back, body not the best, but a really nice motor. Warmed 351 cleveland 4 barrel, hooker headers, Hurst shifter(4speed!) and some HUGE BF Goodrich radial TA's out back and a few other goodies I'm forgetting. Drag racing my (then)wife in her '69 Toronado(w/454!) was a tire melting blast.(I always won, she could never get enough traction) Very obnoxious, very fun.

I really love those old Fords. The day I turned 16 I took my DL test, got a 98 out of 100,(I was robbed) convinced my pop to loan me his '71 Ford LTD Brougham Coupe(429!), and had it upside-down in a ditch about 45 minutes later. I will never forget the look on his face when I walked up the driveway without the car...at least the motor went on to live in a cousins Mustang.

Good luck with the resto!