Cobra Jet is powered by a special version of the 5.0-liter V8, with the capacity increased to 5.2-liters and fitted with a 3.0-liter Whipple supercharger.
Perhaps as a coping mechanism for such worthiness, we're also going through some kind of fuel-gargling muscle vehicle revolution, with a new special edition of one of the big three - Camaro, Challenger, Mustang - revealed on what feels like a daily basis.
Ford will unveil the fastest production Mustang ever at the Woodward Dream Cruise this weekend, the 2018 50th Anniversary Cobra Jet, capable of pulling off mid-eight-second quarter-mile passes and topping 240 km/h. And just 68 will be built as yet another nod to the original, in this case to the car's model year. Buyers can choose from Oxford White or Race Red colors for the auto with 68 units being produced to celebrate the 1968 year the original Cobra Jet debuted in.
The drag racer also features a 9-inch solid rear axle, four-link rear suspension with antiroll and panhard bars, two-way coil-over shocks with adjustable ride height, as well as a low-drag disc brake system from Strange Engineering. Nonetheless, it is said that it can cover quarter of mile in mid eight seconds whereas it will have a top speed in excess of 150 miles per hour.
The new Mustang Cobra Jet will be offered in either Race Red or Oxford White and can be outfitted with 50th Anniversary graphics and badging, if the customer so desires. With no VIN numbers, the fifty 2008 Mustang Cobra Jet M-FR500-CJ cars produced weren't actually road legal.
In other words, 2018 marks the 50th anniversary since the Cobra Jet racing program was introduced while also being the 10th anniversary of the modern program - a program which has seen the mighty Mustang win a whole lot of races. None of this comes cheap, of course, with the price tag starting at US$130,000.
Supporting this classic drag auto setup are a variety of components that should make it a serious racer.
Gary Gastelu is FoxNews.com's Automotive Editor.