The highest trim level available on a Mustang. (excluding Saleen, Roush, Steeda, etc.) The latest version of which, is capable of 390 HP... STOCK. The Cobra project began in 1993 with the first SVT (Special Vehicle Team) product being a fox body Mustang (five liter), which came stock with about 260 HP. In 1996, the 4.6 liter engine was debuted. The car made 305 horsepower. The cars stayed about the same, with mild performance gains until 2003, when the 'Terminator' was made available to the public.
The new Cobra has 390 HP, and 390 Ft. Lbs. of tourqe. Three 2003 Cobras make as much tourqe as nine Acura Integra Type R's.