GT500 This year for my Independent Study, I am studying the Ford Mustang and the men who are behind it all. Some subjects I am studyng for the Ford Mustang are the 1994 model, a comparision between the 1967/2007 Shelby GT500, the inspiration for the manufacturing of the mustang, and some history about the Ford Motor Company. The men I am studying are Carroll Shelby and Henry Ford, who is the founder of the Ford Motor Company. Although I am almost done with my Independent Study, I still do not know what I am going to do for my Idependent Project.