This is the end.

The final chapter in the history of Ford's revered GT Falcon has been written with the blue oval revealing full details of the special swansong model, the FPV GTF.

As first reported by Drive in March, the retro-inspired limited edition is powered by an uprated version of the locally-developed supercharged 5.0-litre V8 that produces 351kW of power - a nod to the cubic capacity of the 5.8-litre Windsor V8s in the iconic Bathurst-winning Falcons of the 1970s - and comes with a host of additional performance upgrades and styling tweaks.

The engine management system has been re-calibrated to generate the additional power over the standard GT's 335kW thanks to a transient overboost function that is available in all forward gears - except first - above 4000rpm.

Ford does not provide claimed acceleration figures, but considering the GTF also features a tailored launch control function and the revised suspension package with wider rear tyres previously offered on the R-Spec GT, it is expected to be able to sprint from 0-100km/h in around 4.7 seconds.

GT-F

While that makes it marginally slower than the HSV GTS - Australia's most powerful muscle car ever with a 430kW supercharged 6.2-litre V8 - the GTF is easily the fastest, and most powerful, car ever developed by Ford Australia.

Unique to the GTF, the rear suspension can also be adjusted to optimise traction for owners that want to drive it enthusiastically on a race track.

“When we started this program we had an opportunity to look at a performance increase for the engine so we developed a strategy around the calibration that allowed for a performance upgrade without impacting the all-round driveability of the car,” FPV Chief Program Engineer, Peter de Leur, said.

“In doing so, we were also able to make this car special for our FPV GTF customers.

“We were also able to add things like rear camber bolt adjustment on the rear suspension so it can be adjusted for track days, if a customer wishes,” de Leur said.

“Our goal was to create the best vehicle we could; a vehicle that pays respect to Ford GTs of old yet celebrates all that is good about Ford’s performance credentials,” .

Visually, the GTF has gloss black exterior higlights in the 'racoon eyes' that surround the front fog lights as well as the grille, door handles, wing mirrors and rear diffuser panel.

It also has a unique stripe package with a 'black-out' panel on the bonnet that harks back to the design of the 1970's GT Falcons adn extends over the roof and onto the bootlid, giving it a defined look unlike any previous FPV models.

Inside the cabin, the stylists have used orange highlights - again made famous in 70s models - to give the GTF an exclusive ambience beyon the standard GT variants. This includes orange stitching in the top-shelf bucket seats, instruments and the GTF 351 badges in the centre console and colour display screen, which now features a series of digital gauges including a g-force meter.

Ford will build just 500 examples of the GTF for Australian customers - with another 50 destined for New Zealand - and claims that the entire allocation has already been sold to collectors, some of which have paid above the $77,900 manufactuer's list price.

It will also produce a limited batch of 120 Pursuit Utes, powered by a 315kW version of the same engine, as the last V8-powered high-performance ute from the blue oval brand.

Check Drive later this afternoon for our first drive review.