Ford Racing working on new 2010 Mustang Cobra Jet

The FR500CJ Cobra Jet, which was introduced at last year's SEMA show, was the latest Mustang to become part of the Ford Racing range. This 2009 model was a success both with customers and on the track. Ford Racing sold the entire run of 50 copies within two weeks, and it won its first race at the NHRA Winternationals in Pomona, CA back in February this year.

Because of its success, Ford Racing intends to follow up with a 2010 version of the Cobra Jet, with production to begin during the fourth quarter with deliveries taking place in early 2010. The base price is expected to be less than $75,000, and once again production will be limited to 50 copies only.

Like the 2009 model, the 2010 Cobra Jet will be modified with all Ford Racing parts. Ford Racing is expecting to put a 425hp 5.4L supercharged V8 straight out of the Ford Racing Parts (FRP) catalog in the standard model, with an optional upgrade to a 475hp aluminum-block engine.

Shifting gears yourself is one of the most rewarding parts of driving a car fast when done properly, but at the drag strip, it just slows you down, so Ford is offering a five-speed Liberty manual in addition to a race-prepped automatic on top of the standard six-speed tranny that was available on the 2008 car.

To keep the car from crumpling when the shiny side fails to stay up, all 2010 Cobra Jets get a 8.50et NHRA certified roll cage, too.