Mustangs are not rated by they're rear wheel hp numbers, they are rated at the flywheel. The 03 Cobra is under rated. Ford says they put out 390hp, but it's really like 420hp. A stock 99+ GT generally dyno's at around 230 rwhp
Also, the 94-95 is under rated as well. They really make about 260 hp and generally dyno at about 10 less hp at the back wheels than 99+ GT's.
The race may be closer than you think.
-Josh, aka the tireburner
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1987 Buick T-type
1998 HD Electra Elide
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