First Ford Mustang Cobra Jet comes off the assembly line

The name "Cobra Jet" conjures up a lot of thoughts, including the latest edition to the pony car family. The Mustang FR500CJ is a rebirth of the factory drag racer and was unveiled at the last SEMA show. And it's already rolling off the assembly line and in production.

Featuring a modified 5.4-liter V8 with cold air induction, the Cobra Jet features stainless competition headers, upgraded rear axle and driveshaft, drag-optimized adjustable suspension, and unique wheels wrapped in slicks. Buyers can choose between a six-speed manual or three-speed automatic, and the interior is augmented by racing buckets and short-throw shifter (on the manual version).

The vehicles, which receive unique VINs since they aren't street legal, are delivered in body-on-white, with louvered rear window panels. The package presents an affordable and straightforward racing platform for those seeking domination of the quarter-mile.