A freshened body design was introduced for 1999, complete with sharper angles that better recalled the styling of the original Mustang. The big news for the '99 SVT Mustang Cobra was a 15-horsepower performance gain, thanks to the use of new "tumble port" cylinder heads for better air flow and a coil-on-plug ignition system. Also new was a unique independent rear suspension (IRS) system, along with a move to 13-inch Brembo? disc brakes, ABS and standard all-speed traction control. Leather seating surfaces also became standard, available in either Medium Parchment or Dark Charcoal. A new exterior color option, Electric Green Clearcoat Metallic, was included in the changes for ?99.

After one model year out of the marketplace, the SVT Mustang Cobra returned for 2001 with a full 320 horsepower and five new exterior colors: True Blue, Zinc Yellow, Mineral Gray, Performance Red and Laser Red. Exterior changes included the return of the word ?COBRA? embossed into the rear fascia. Inside, SVT gave the Cobra new, more-supportive seats and a 6-disc in-dash CD player.

Type 90? V-8
Bore x stroke 90.2mm x 90mm
Displacement: 4.6 liter/280 cid
Compression ratio: 9.85:1
Horsepower: 320 hp @ 6000 rpm
Torque: 317 lbs.-ft. @ 4750 rpm

FRONT: Modified gas-charged MacPherson strut with separate 500 lb./in. spring on lower arm, 29mm tubular stabilizer bar
REAR: Multi-link independent, steel upper control arm, aluminum lower control arm, fixed toe-control tie rod, aluminum spindle, gas-charged tubular shock absorber, 470 lb./in. coil spring, 26mm tubular stabilizer bar

FRONT: 13 in. vented Brembo? discs, PBR? twin piston calipers
REAR: 11.65 in. vented disc, single-piston caliper
ABS: Three-channel, four-sensor ABS system, linked to all-speed traction control

WHEELS: 17 x 8 in. 5-spoke forged aluminum, exposed lugs
TIRES: BFGoodrich? Comp T/A 245/45ZR-17

0-60 mph: 5.4 seconds
Top Speed: 150 mph

Cobra Coupe: Black 1619; Red 1292; White 794; Green 408; TOTAL: 4113
Cobra Convertible: Black 1755; Red 1251; White 731; Green 318; TOTAL: 4055

Cobra Coupe: Black 979; White 373; Yellow 347; Grey 514; P.Red 226; L.Red 556; Blue 316; Silver 556; TOTAL: 3867
Cobra Convertible: Black 942; White 343; Yellow 347; Grey 514; P.Red 130; L.Red 548; Blue 292; Silver 431; TOTAL: 3384