In previous years, this one would have been identified with a 'Sport' emblem, for the 'Gran Torino Sport' model. In '76 though, it was simply a bucket seats-and-console option on the 2-doors.....
Yikes ...look at the bidding. http://www.ebay.com/itm/1976-Ford-Torino-/282066256583?_trksid=p2141725.m3641.l6368