Wear items? Now, you need to understand my point of reference as I don't view it as "what will wear on this Mustang" but more from the viewpoint of "what won't wear compared to my old Z".

This car has modern inventions like:

Vented rotors!
Large rotors!
Rear disc brakes!
EFI!

So that means no more rebuilding carbs, drum brake assemblies, or replacing pads every two races. For me that is a 100% bag of win.

With an OHV valve train and hydraulic lifters no more adjusting the valves - more time to relax, win!

Low RPM slightly over-square motor means low mean piston speed and less wear - less time swapping motors, win!

Solid axle with few moving parts and no joints means a long lived assembly - set it and forget it, win!

Seriously, I suspect front pads will be worn at a rate similar to other 2700 lbs ITS cars which will be manageable. But I do anticipate maintenance on the car should be substantially less than the Z.