The evolution of the Ford Cobra Jet Mustang continues. The CJ, as you can call it, debuted back in 1968 at the NHRA Winternationals. In modern day, it hit the racing scene in the 2008, 2010, and 2012 model years, and has become the winningest late-model in the NHRA, with national event wins in 2009, 2010 and 2011.

So, as you can imagine, all eyes are on what the 2013 CJ can do. No problem! The factory-produced race car has two 5.0-liter engine options: naturally aspirated with a Cobra Jet induction system, CNC-ported heads, high-lift cams and low-drag accessory drive, or with a 2.9-liter Whipple supercharge, CNC port-matched manifold and heads and a proprietary 10-rib supercharger drive system for high-rpm without belt slip.

The chassis was also updated, with lightweight body modifications for better weight distribution. A new roll cage design has safety and chassis rigidity at its core, while the brake pedal ratio has been revised for more modulation and stopping power. The electric power steering provides better driveability, and the rear suspension geometry delivers faster and more consistent 60-foot times.

The 2013 Cobra Jet production is limited to only 50 units and orders placed through Ford dealers will be filled on a first-come, first-served basis. The MSRP will be approximately $86,000 for the naturally aspirated engine option and $93,000 for the supercharged version. Additional options and pricing will be announced in January.

Now, if this particular Mustang is more of a fantasy than reality for you, there’s good news: Cobra Jet components will be available through Ford Performance Parts, allowing racers to upgrade their Mustangs to the CJ specifications.