Acquired by Stallion 51 Corporation in 2005, Crazy Horse ² was originally an USAF P-51D-20NA and was used as a trainer at the RCAF Air Armament School. After which it was sold into civilian hands and has a history of being an air racer.

It was placed into storage pending restoration in 1990 due to a crash landing in Seattle Washington. In 1997 it was acquired by Vintage Warbirds, who had the restoration and conversion into a TF-51 started. The restoration was completed by Stallion 51 Maintenance in 2000 and won Best P-51 at Oshkosh the same year.

Repainted as Crazy Horse ², just like its sister ship it wears the authentic colors of the 48th Fighter Squadron, 352nd Fighter Group, 8th Air Force at Asche, Belgium, 1945. Crazy Horse ² also has the honor of being one of an estimated sixteen dual controlled Mustangs existing in the world. Its extruded bubble canopy allows visibility unmatched in any warbird, and its Rolls Royce Merlin engine delivers the heart stopping performance expected in a Mustang.