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It would likely be called the 2014 1/2 edition or the 2014.5 edition. Only 1,000 units would be made. All these 1,000 units would have a special VIN apart from an interesting body.
The engine would remain the same 5.0-liter V8 producing about 450bhp though. There are no performance upgrades being planned.
A Ford representative has said -
The 2014 ½ will be the 50th Anniversary edition. It will be added to production for a limited run sometime during the year.
A 50th Anniversary edition certainly makes sense as Ford has done limited editions in the past. In 2009, we saw the 45th anniversary edition, 2004 saw the 40th and 1999 saw the 35th.
The new Mustang which has been denoted S550 has been rendered many a time based on spy images. However, considering that the test mules have been heavily camouflaged, we have no idea how accurate those renderings really are.