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The Ford SVT Mustang Cobra (also known as "SVT Mustang Cobra, SVT Cobra," or simply as "Cobra") is a pony car that was built by American automobile manufacturer Ford Motor Company's Special Vehicle Team division (or SVT) for the 1993 to 2004 model years.
The Mach 1 was equipped with a 4.6 L DOHC 305 hp (227 kW) engine based on the engine available in the 1999 and 2001 Mustang Cobras, with new cylinder heads from the 2003 to 2004 Cobra (see above). The interior of the car was given a retro theme with seats made to look like the "comfort-weave" seats available in the 1960s-era Mach 1s.
The Saleen S281 is a variant introduced between the 4th and 5th generations of Ford Mustang which was produced by the American manufacturer Saleen, Inc. By 2005, Saleen departed from being a company of modifying existing Ford Mustangs as well as various other Ford automobiles, and became an Original equipment manufacturer.
Ford later used versions of the DOHC 4-valve 5.4 L in the 2000 Ford Mustang SVT Cobra R, the Ford GT supercar, and the Ford Shelby GT500. The DOHC 4-valve 5.4 L was also used in the Ford Falcon line in Australia under the Boss moniker until 2010, when it was replaced by a locally developed, supercharged version of the 5.0 litre Modular V8.
The Cobra R was built that year though. The SVT Cobra returned to the 2001 lineup after Ford sorted out the engine issue. The SVT Cobra represented the highest performance version of the Mustang built by Ford, sitting in the model range above the Mustang GT model. On rare occasions, Ford produced a higher-performance Cobra R variant.
In 2001, to combat the release of the third-generation Holden Monaro, TVE set out on a massive project to re-engineer the fourth-generation Mustang SVT Cobra for Australia. This involved substantial revisions to the body, electronics and drivetrain. More than 250 changes were made by the time a RHD conversion was finished.
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When the Mustang was selected as the 1979 Official Indianapolis 500 Pace Car, Ford also marketed replica models, and its special body-appearance parts were adapted by the Cobra package for 1980–81. 1982 marked the return of the Mustang GT (replacing the Cobra) which used a specially-modified high-output 302 cu in (4.9 L) engine.