I wouldn't say bad news. The S7 is made by Saleen, a very reputible company. Plus the S7 is way cooler.
When you are buying a car like that reputation is very important. (atleast to me)
If I wanted just speed, I'd through money at my GT and kill both cars (maybe not in handling).
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White 1995 Mustang GT
Dynomax Cat-Back, Offroad H-pipe, ADS chip, K&N Filters w/o Air Silencer
My 1995 Mustang GT