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.

Hennessey HPE700 Camaro

Hennessey Performance Engineering has unveiled the HPE700, which features a 2010 Camaro SS with a supercharged LS9 V8 from the Corvette ZR1. And as if that wasn't enough, HPE has tuned the bad boy to produce 705 hp and 717 lbft or torque.

Other performance goodies include 15-inch carbon ceramic brakes cribbed from the ZR1, upgraded suspension bits and HRE alloy rims shod with Michelin PS2 rubber. HPE chose not to leave well enough alone in the looks department, either. The HPE700 has inherited the controversial see-through hood from the ZR1, along with a body package that includes a full carbon fiber ground effects kit and a unique front fascia with faux-hideaway headlights and a billet aluminum grille.

The HPE700 is understandably a lot of car to handle, so Henessey is providing a 1 day performance driving course with the purchase price of $109,500. The first orders will be accepted next week to registered bidders at the Barrett-Jackson auction in Scottsdale, AZ with regular orders being taken the following week.

PRESS RELEASE:

HENNESSEY PERFORMANCE ENGINEERING ANNOUNCES LIMITED EDITION 705 HP LS9 POWERPLANT FOR THE 2010 CAMARO

Extreme Performance Makeover Transforms the 2010 Camaro from Muscle Car to Super Car!

SEALY, TX – Hennessey Performance Engineering (HPE), well known for their extreme performance sports cars and muscle cars, announces their Limited Edition 2010 HPE700 Camaro.

At the heart of the beast is GM's new LS9 supercharged V8 tweaked as only HPE could to 705 horsepower and 717 lb-ft torque. To qualify as a supercar under the HPE banner it can't just go, it has to whoa. With optional 15 inch carbon brakes from the stunning new Corvette ZR1, light weight HRE wheels with Michelin PS2 tires and full suspension upgrades the HPE700 Camaro will be able to make full use of its new found power.

In addition to the power and handling upgrades., Hennessey will also be offering an exterior aerodynamics package to improve downforce at high speed. Penned by British designer, Steve Everitt, Hennessey's Cam-Aero ™ body upgrades include: Carbon fiber rear lip spoiler, carbon fiber side rocker panels, carbon fiber front splitter, front fascia with hideaway-look headlights and front billet grille. Completing the look of the HPE700 is a ZR1 inspired hood design with window showing off the Hennessey's tweaked LS9 powerplant.

"The HPE700 Camaro allows our customers to combine supercar power and performance with classic American muscle car looks in a modern, daily-drive usable sportscar with a backseat and a trunk!," said John Hennessey, President and CEO of Hennessey Performance Engineering. "We will be announcing other Hennessey turnkey vehicle packages for the 2010 Camaro in the near future along with an extensive list of aftermarket performance parts and accessories. But for now, the LS9-powered HPE700 Camaro, replete with ZR1 inspired looks and performance promises to be at the top of the American muscle car food chain later in 2009.

HPE700 buyers will also receive a 1-day performance driving course at Lonestar Motorsports Park – a ¼ mile dragstrip facility located adjacent to Hennessey's 24,000 square foot production facility and showroom.

Hennessey is offering the first HPE700 Camaros exclusively to registered bidders at the 2009 Barrett-Jackson auction in Scottsdale, AZ. Orders can be placed at the Hennessey display at the show or by phone or email beginning Tuesday, January 13 through Sunday, January 18, 2009. On Monday, January 19, 2009 the HPE700 Camaro will be available to the general public and can be ordered from select Chevrolet dealers as well as directly from Hennessey Performance Engineering.

Base price for the 2010 HPE700 Camaro is $109,500.

Located just west of Houston Texas at the Lonestar Motorsports Park complex, HPE has been building American supercars for nearly two decades with its Veyron-beating Venom Vipers, Ford GT's and recently released Dodge Challengers.