Racers and project car builders have two fresh engine options to choose from in the Ford Racing parts catalog. Fans of the classic 302 cubic inch V8 and a lighter budget can opt for the 340 horsepower X302 crate engine. At $3,495, the X302 offers the classic cast iron block and aluminum cylinder heads mated with forged aluminum pistons and die cast aluminum valve covers.
Those in need of a bit more oomph can opt for the new 427 FE, based on the Boss 351 block with four-bolt main bearings carrying the forged steel crankshaft and rods. The block is topped with Ford Racing aluminum cylinder heads with 10.5:1 compression ratio, netting 535 hp and 545 lb-ft of torque and commanding $8,800. Both engines get the standard Ford Racing one year warranty. Press releases are after the jump.