There are many names you could associate with Mustang tuning, but few are as iconic as Steve Saleen. The American tuner extraordinaire made a name for himself tweaking the Ford muscle coupe under the Saleen brand until he left his own company to start SMS Supercars. But now that the two have been reunited, word has it that Saleen is moving ahead with plans to produce a new mid-engine exotic to follow in the footsteps of the famed S7.
Steve Saleen is back to feeling himself again. That's because he's once again at the helm of the the marque that bears his name. As you may recall, the racer and performance part guru walked away from the Saleen brand empire he nurtured for 23 years back in 2007. The Saleen brand was then sold to MJ Acquisitions, along with the right to produce S Line and Racecraft Ford Mustang models. Saleen himself, meanwhile, went on to create SMS Supercars, which produced notable creations like the SMS 570 D
When Steve Saleen launched his new company, SMS Supercars, back in 2008, he announced that he would be expanding his portfolio of vehicles to include the muscle car offerings from Chevrolet and Dodge. First up was the 570 and 570X Challenger, followed soon after by the 302 Mustang.
The drama that is Saleen entered a new chapter yesterday with the announcement that Steve Saleen's new company, SMS Supercars, has filed a lawsuit against MJ Acquisitions, which purchased assets from Saleen, Inc. including the right to produce the 'S' line and Racecraft Mustangs, as well as the Speedlab aftermarket division. Steve Saleen, who left Saleen, Inc. in the summer of 2007, claims the lawsuit was filed to "continue to protect the name, reputation, and brand value of Steve Saleen, and to
Just like the majority of the automotive industry, recent news about Saleen hasn't been great. After going broke and selling most of their assets, Saleen Inc. announced that they were ceasing operations and would not be honoring existing warranties on cars and parts. To make things worse, the new owner of the Saleen car and aftermarket lines, MJ Acquisitions, Inc., refused to take the responsibility as well, only honoring warranties on parts purchased after February 2, 2009. It appeared that Sal