SVT celebrates 20 years with the Mustang that started it all

Ford debuted the 2013 Shelby GT500 Convertible earlier today at the Chicago Auto Show, but it wasn't the only Mustang vying for our attention on the show floor. In fact, we had a hard time keeping our eyes off this Vibrant Red beauty.

The pony car in question? A 1993 SVT Cobra R, the pinnacle of the Fox Body Mustang. The standard SVT Cobra made its official debut at the Chicago Auto Show back in 1992, and its reappearance in the Windy City was a fitting reminder of the 20th anniversary of Ford's Special Vehicle Team.

So what makes the 1993 SVT Cobra R so special? For starters, just 107 were produced, making it one of the rarest Mustangs ever built by Ford. The 235-horsepower 5.0-liter V8 is the same powerplant as the one in the standard Cobra, but the R model had less weight to push around thanks to the removal of the rear seats, radio, air conditioning and all sound deadening material. Ford also fitted the Cobra R with adjustable Koni shocks, larger front and rear brakes, 17-inch wheels shod with Goodyear tires, an external engine oil cooler and power steering fluid cooler, aluminum radiator and more.

The particular Cobra R brought to the show by Ford is literally a time capsule from the early '90s and in incredible condition. Amazingly, the odometer reads just over 4,100 miles. You can check out the car in detail in the gallery above.