(from page 25 of the 1970 Collection)
Gulfstream Aqua 1970 Mustang Shelby GT 350 fastback, front end view with fog lamps new to 1969-70 and Lucas driving lights which continued to be used on the Shelby since 1968. Also new to the 1969-70 Shelby was the chrome strip which runs around the the outside of the flat black grille with offset cobra Shelby emblem. These black hood stripes differentiated the 1970 Shelbys from the 1969 models.
(from page 30 of the 1970 Collection)
Check out all those hood scoops! There are five total! The center one is routed to the air cleaner. The others allow air to cool the engine compartment.