This looks to be the TF-51D that was restored in the late 1970's for Gordon Plaskett of King City, CA by Unlimited Aircraft in Chino, CA.
T J Johansen
This is not shot in the 70s. The photo shows Kent "Rocky" Rockwell and Jimmy New of Pioneer Aero Service at Chino performing an engine run on the late Paul Peters N6345T possibly prior to its first flight. This would have been in early 95 as I think the Mustang flew in March of that year.