Click above to view the first Cobra Jet coming off the assembly line

The name "Cobra Jet" may remind some of an unfortunate Sam Jackson film, but to Mustang and drag racing enthusiasts it refers to the latest addition to the pony-car family, the Mustang FR500CJ. The drag-racing version of the outgoing Mustang was unveiled at SEMA just a few months ago and is already rolling off the assembly line as the latest model in the Ford Racing line-up.

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. Check it out in the galleries below.

Related GalleryFord Mustang Cobra Jet assembly line

Related GalleryFord Mustang FR500CJ Cobra Jet

Related GallerySEMA 2008: Ford FR500CJ Cobra Jet Mustang

[Source: Fuel Slut via WCF]