This wasn't about a Mustang but I thought it was an interesting read The Horsepower Story
With various aftermarket manufacturers claiming up to 15 horsepower gains with their underdrive pulleys, we set out to the dyno to find out how much power WE could expect on our 1999 ITA-prepped Saturn twin-cam powerplant. The results might surprise you, but here they are.
Because there were no pulleys available at the time, we went to the extreme and actually REMOVED the accessory drive belt (only for one run, of course) to see what the impact would be to ZERO drag due to the accessory drive – sort of pulleys with infinitely small diameters. We figured that if we saw a big gain without a belt, that the pulley gains would be somewhere inbetween, right?
We fired up the dyno and low and behold, removing the belt netted a whopping 3 HP (and we’re rounding UP). That's it. The number was repeatable, and even correlated to data run earlier on the doomed BMW motors - they saw similar results in their application.
So, in light of the fact that 3 HP was completely without a belt, we estimated that the best we could do was to underdrive a few components by 20% - or a theoretical 0.6 HP gain (3 HP x 0.2). After that, it hardly seemed worth it to try to custom fabricate pulleys for less than a 1 HP gain.
I know, I know – stock pulleys, like stock suspension bushings, aren’t sexy, and you can’t brag about them in the pits…but in racing horsepower talks and marketing BS walks. We chalked up this exercise as yet another learning experience in the quest for REAL horsepower. Maybe someday we’ll find some.: