



Saleen has launched a barrage of new products since company founder Steve Saleen left the company last summer including the S302 Extreme, H302SC, Dan Gurney Signature Series Mustang, Sterling Edition Mustang, and the S5S Raptor Concept. While these new Saleen vehicles are pushing the level of performance upwards, it seems that the price has ballooned, as well. We'd love to have a Sterling Edition Mustang in the garage, but realistically, how many people can afford a $90,000 Mustang? While Saleen may have increased desirability with its new models, the obtainability went down as a result.
Saleen may have the answer. In a recent letter to its dealers, Saleen announced that it would be introducing "a new brand of performance products...at a more competitive price point." Like Toyota/Lexus, Nissan/Infiniti, and Honda Acura, Saleen will be able to have both a value and a high-end brand. Using the RaceCraft name, which has previously been the name of suspension components, the first vehicle in the lineup will be the 420S Mustang featuring a supercharged V8 with 420 horsepower, an array of suspension upgrades, 18-inch wheels and tires, aluminum instrument panel, leather-wrapped steering wheel, 420S graphics and more. All for $38,995. Considering a fully loaded Mustang GT can easily exceed $30,000, the 420S actually seems like a pretty good deal. Also in the works is a RaceCraft Ford Focus with a target price of $20,000. Hopefully they'll keep the nitrous out of the car this time and won't get fined by the California Air Resources Board.





It seems to be getting easier to take spy shots of the 2010 Ford Mustang, as reader Chris F. chatted up the drivers of these two prototype 'Stangs in Lake Zurich, IL who told him they were both base models with the 4.0L V6. The coupe also features a glass top, which suggests this relatively new feature will carryover to the redesigned '10 Mustang and be available on all models. Unfortunately, the fact that both base models were still powered by the same old 4.0L V6 suggests that, at least when it debuts, the '10 Mustang will not feature the 3.5L V6 that can currently be found in nearly every other Ford product.
We can see all the tell-tale signs of the redesigned Mustangs in these pics, including its new headlights, new grille, new front fascia, new wheels and new taillights. Out back there's only one tailpipe, confirming their base modelness. Unfortunately, the cool drivers Chris met up with asked him not to photograph the interior and weren't willing to give up any other juicy tidbits, but we'll take what we can get.

Ford has a long history of creating factory-built racers based on its regular production cars. Over the past four decades, most of those have have been derived from the Mustang. Since the mid-90s, that has included several runs of Cobra Rs, and today, a couple of variants of the FR500. Later this summer, Ford will revive another Mustang variant from the first generation when the Cobra Jet is reborn. The original Cobra Jet was built as a drag racing special with a high-torque long-stroke 428 cu. in. V8. Forty years later, Ford will be building a new Cobra Jet this summer.
The new Cobra Jet will be powered by a supercharged 5.4L 32-valve V8 based on the GT500 engine. The Cobra Jet engine will be built on the same niche engine line as the GT500 and will have plenty of capacity for modifications by racers. (note: post edited at the request of the manufacturer) Ford is only planning to build 50 new Cobra Jets at the behest of a handful of dealers, who may end up buying all the cars and then re-selling them. The new drag racing specials are expected to be priced at $69,900.
