The front fascia also shows signs of damage. On the flip side, the weathering suggests that the refinish occurred some time ago, perhaps in the 1980s or 1990s. The black pattern on the hood is yet another sign that someone messed around with a different decal layout on this muscle car. The lower black stripe is also an add-on that wasn't available on the Mustang that year. And you can tell by the fact that the traditional Mach 1 stripe is missing. Sure, the Candyapple Red paint looks good enough to make the vehicle seem like an unrestored and unmolested survivor, but it's most likely a refinish. The red example you see here is one of those examples waiting for a second chance at life. Granted, it's not quite as rare as other Mustangs from the era, but many Super Cobra Jets are no longer on the road. However, only 3,115 customers also checked the Drag Pak box on the options list. It found its way into no fewer than 13,261 Mustangs (not including Shelby models). The Cobra Jet engine was quite popular in its first year on the market. The optional package turned the Cobra Jet into the Super Cobra Jet. The Drag Pak also came with either a Traction-Lok differential with a 3.91 axle radio or a No-Spin locker with a 4.30 ratio. The latter added an engine oil cooler, cap screw connecting rods, and a modified crankshaft and flywheel. But unlike the latter, which was dropped in a production Mustang for NASCAR homologation, the Cobra Jet turned the pony car into a drag-ready beast when paired with the Drag Pak bundle. Rated at 335 horsepower, it was Ford's second-most powerful mill that year, superseded only by the 429-cubic-inch powerplant in the limited-edition Boss 429, which generated 375 horses. Loaded with race-inspired features and a unique stripe layout, the Mach 1 was available with four V8 engines, including the range-topping 428-cubic-inch (7.0-liter) Cobra Jet. Ford rolled out two homologation specials, the Boss 302 and Boss 429, and launched the Mach 1 package. That year, three new beefed-up Mustangs were introduced alongside the GT, Shelby GT350, and Shelby GT500.
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