Ford Mustang enthusiasts should be excited about the prospects of tonight’s reveal of the new 2010 model.

On the eve of the Los Angeles Auto Show, Ford will reveal the new Mustang to a group of enthusiasts at Barker Hangar in Santa Monica, California.

The SPEED Channel will show a tape-delayed broadcast of the unveiling, one hour following the live reveal in California. The broadcast will begin at 11:00 p.m. (EST).

In addition, nine local Mustang Club of American-hosted events will enable Mustang fans to watch the SPEED broadcast live.

Ford has been teasing us for some time now with occasional images of the new Mustang, with both exterior and interior detail shots giving us a small glimpse of what the car will look like. It will, of course, be all put together tonight as the car is shown publicly for the first time.

If you’ve been following the photo time line from Ford, it’s probably safe to say the new Mustang will be an evolution of the current design. From the looks of the photos, the retro-theme will continue but maybe just a little softer. The Mustang has been a hit and I’m sure Ford doesn’t want to ruin a good thing, especially in today’s climate of struggling US auto makers.

A site dedicated to the new car was launched some time ago and, according to Ford, will start showing on Wednesday more images of the new car, a 360-degree view of the car’s exterior as well as information on features. A replay of the reveal should also be available.