The Mustang GT was back in 1982 as a sport upgrade package which was last offered on 1969 Mustangs. The 1982 GT replaced the previous year’s Cobra and Sports package as the Mustang lineup sporty option.
The most exciting part about it was that Ford also introduced a high-performance 5-liter (302 cid) HO engine package. It was good for 157hp and was marketed as the 5.0L V8 engine. Your body style choices did become a bit more limited if you wanted the GT option, however. You could only get the GT in a hatchback. The GT package also limited your color selection to Black, Red, or Metallic Silver.