FORD RACING ANNOUNCES PLANS TO BUILD A 2010 VERSION OF THE MUSTANG COBRA JET

MILAN, Mich, June 12, 2009 – The 40th Anniversary 2008 Mustang Cobra Jet more than lived up to its billing, joining its historic predecessor - the original 1968 Cobra Jet in winning its inaugural race at the NHRA Winternationals in Pomona, Calif. Now Ford Racing is ready to update the latest Cobra Jet, and is announcing plans to build a 2010 version of the “CJ.” The announcement was officially made today at the National Mustang Racing Association (NMRA) event in Milan.

A little over a year ago, Ford Racing announced plans to build a modern edition of the Cobra Jet. The limited run of 50 cars sold out in less than two weeks, even before the first car was built. Once again Ford Racing will produce a limited run of 50 2010 Mustang CJs, the minimum number that must be produced in order to receive clearance from NHRA for competition.

Exact specifications are being finalized, but the initial plan is for the 2010 Cobra Jet to have a 425-hp 5.4-liter supercharged engine from the Ford Racing Performance Parts catalog, but with an option to upgrade to an estimated 475-hp aluminum block engine. Likewise the 6-speed manual transmission that was available in the ’08 Cobra Jet will be standard, but an option to upgrade to 5-speed Liberty manual transmission or a race prepped automatic transmission will be available. Other 2010 Mustang Cobra Jet upgrades include an 8.50et NHRA certified roll cage and lightweight racing brakes.

“I’ve said from my first day in this job that I wanted Ford Racing to continue to be a ‘racer-friendly’ organization,” said Brian Wolfe, director, North American Motorsports. “That’s why we take great pride in being one of only two car companies worldwide that builds ready-to-race cars and sells them as part of our performance parts offerings.”

Component testing is underway and base pricing will be under $75,000. Production is expected to begin during the fourth quarter with delivery expected in early 2010.

Sportsmen racers interested in placing a pre-order for the 2010 Cobra Jet can contact their local Ford Dealership.

For the latest on the Cobra Jet and on all Ford Racing Performance Parts visit http://www.fordracing.com/ and http://www.fordracingparts.com/.

About Ford Racing Technology
Ford Racing Technology, based in Dearborn, Mich., is responsible for major racing operations in North America, including NASCAR, Grand American sports car racing, NHRA drag racing, USAC midget car racing and the Ford Racing Mustang Challenge for the Miller Cup. Ford Racing also oversees the development and marketing of Ford Racing Engines and Performance Parts, the outreach programs with all Ford Clubs and Ford enthusiasts, and the marketing of the Ford Racing brand through initiatives such as Team Ford Racing. For more information regarding Ford Racing’s activities, please visit www.fordracing.com.