This is a very rare P-51 H model, owned by Mike Coutches. The fastest and lightest of the production models. (Well, Maybe the P82's were faster. But, they had two engines.)
Picture taken at NAS LeMoore.
The "Zero" in the background, is actually a modified AT6 that was used in the filming of "Black Sheep Squadron".
In this and the prior Sea Fury Pic, you will notice the planes have "Drop" tanks on them. Part of the Air show deal was to get a free gas fill up for bringing the plane to the show. Most of the pilots don't really like having the drop tanks on the plane, as the FAA won't allow them to retain the airborne release mechanism of the tank. (Part of the the "de-Mil", I think.) Which means a belly landing due to gear failure makes a spectacular fire ball. So, there is really no way to save the plane if the undercarriage mechanism fails, so you might as well just bail out.
However, when a plane gulps 60 gallons per hour. Free gas induces some risk taking.