Ford is in the process of launching the 2011 edition of its classic Mustang model, and early reports indicate that its advertising will be aimed at introducing a younger generation to the historic model.

According to USA Today, the television ads will center around the “Dub” edition. Dub is an auto magazine featuring tricked-out versions of various cars. Ford invited the magazine’s editors to work their magic on the new Mustang.

The result is a Mustang with sleek black paint, off-black racing stripes and 22-inch Pirelli tires in the front with 24-inchers in the back.

Its no slouch under the hood either, with a 5-liter V8 engine and 412 horsepower, according to Edmunds.

It already has one fan: rapper Nelly, who got an early edition of the automobile.

In the meantime, those looking at used Fords should consider keeping their eyes peeled for lightly used 2010 Mustangs. As Ford pushes the 2010 Mustang out of showrooms, many will find their way onto the used car market, where they can be snagged for a fraction of the price.