Click above for a high-res gallery of the Ford Mustang FR500CJ Cobra Jet

We first told you about Ford's new Mustang Cobra Jet factory drag car in June of 2007 and last week Ford posted a video on YouTube of a test session with the new car showing its stuff at Milan DragWay. Now we've received some fresh high-res pics of the Cobra Jet in our inbox from Ford. Last we heard Ford is only building 50 of these drag race specials all of which are powered by a blown 5.4-liter 32-valve V8 based on the GT500 motor. This engine has been breathed on a little more heavily then the GT500 and the car looks like it's been stripped down. With the usual drag combo of skinny front and fat rear tires, this Cobra looks like it might be a contender.

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