I just bumped into this thread today, so I'm bringing it back from the dead long enough to offer up my two bits worth. I have a supercharged 2011 Mustang GT and all of the issues discussed here have been hashed over on other forums. I have my own views as well.
First, the facts are that 2011 and newer Ford Mustang GT's have two oils specified in their owner's manuals:
- Mustang GT - 5w-20 conventional oil
- Boss 302 and GT500 - 5w-50 synthetic - Motorcraft is the only brand that meets the spec
- Mustang GT Track Pack (2013 model year) - 5w-50 synthetic - Motorcraft is the only brand that meets the spec
The 2013 GT Track Pack includes the larger Boss 302 radiator and oil-to-water oil cooler but the engine is an ordinary GT Coyote. In 2013 Ford eliminated the piston cooling jets from this engine and changed the coating on the pistons. Presumably that reduced costs.
So, the way Ford looks at it is that if you're going to run a 5.0 Coyote-based Mustang engine hot at a track, then they spec 5w-50 in the Owner's Manual. If not, the spec 5w-20.
The article describing the development of the Roadrunner engine for the Boss 302 (quoted earlier in this thread) says that Ford switched the oil from 5w-20 conventional to 5w-50 synthetic for two reasons: to improve oil pressure at hot idle and to reduce aeration at high RPM's. No discussion of film strength or flow.
Motorcraft 5w-50 rapidly shears to a 40 weight in use. Using a 40 weight oil that doesn't shear is a reasonable choice, although it won't meet Ford's specs.
As for my situation, I ran the factory fill until the OLM said to change it. I then ran Mobil 1 0w-40 for one OCI, and currently I'm using Pennzoil Ultra 5w30. I've installed an oil temp gauge and I've never seen an oil temp over 120 degrees C at the track. UOA's are unremarkable. I'll probably drop to 5w-20 after I've seen the 5w30 UOA results. There's really no reason not to.