Bank 2 is the drivers side of your Mustang engine Sensor 2 would be after the catalytic converter ( downstream )
It's built into the Mass Air Flow sensor.
The MAF sensor is mounted on the side of the air filter housing.
In front of the catalytic converter on the passenger side
Bank 1 is the passenger side of the engine in your Ford Mustang Sensor 1 would be in the exhaust close to the engine before the exhaust enters the catalytic converter ( upstream )
Bank 1 is the passenger side of the engine in a Ford Mustang GT
Bank 2 is the drivers side of the engine , sensor 2 is in the exhaust pipe after the catalytic converter ( downstream )
bank 2 is the drivers side of the engine sensor 1 is somewhere in the exhaust before it enters the catalytic converter
The 2007 Ford Mustang GT towing capacity is 1000 LBS
bank 2 is the drivers side of your engine sensor 2 is after the exhaust has passed through the catalytic converter ( downstream )
Trouble code P0060 means: HO2S Heater Resistance (Bank 2, Sensor 2)
The axle ratio on a 2007 Ford Mustang GT is 3.55:1