This is Ford Racing’s part number M-FR500-CJ. It costs $97,990, but it gets you a fully prepped, turnkey NHRA drag racer.
Although we suspected Chevrolet would join in the factory spec drag racing fun after they showed and track tested the COPO Camaro concept late last year, this past week they made it official. The company plans to build 69 COPO Camaros in 2012—the same amount of legendary COPO ZL1s that left the factory in 1969.
In addition to the Raptor pickup, Ford will be unveiling its latest purpose-built drag racer, the 2008 Mustang Cobra Jet. The Cobra Jet, also known as the FR500CJ, is an attempt by the Dearborn, MI-based automaker to expand its offerings of racing pony cars. The Cobra Jet gets a beefed up 5.4-liter V8 with a cold air…