By the time the 1976 season came around, the Mustang was beginning to show its age against tough new opposition, including Jack Nazer's Jim Stone designed and built Chevy V8 powered Vauxhall Victor, and the impressive new tube-frame Chevy Monzas of Allan Moffat and Red Dawson that first appeared at the Bay Park Christmas meeting, in December 1975. On first setting eyes on these two new IMSA machines, the PDL team knew the old Mustangs days were numbered.

That said, Leonard won all three heats at this event, after qualifying on the pole.

The biggest changes made to the Mustang for this season were under the skin, notably in a new alloy block motor, topped with Lucas mechanical fuel-injection.

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