PV__014340__.jpg 1146 hits | 21.3 KB | Posted: 6/29/03 The 2003 Ford SVT Mustang Cobra, powered by a 390-horsepower 4.6-liter V-8 engine, makes it entrance with smoking tires February 7, 2002 at the Chicago Auto Show. The SVT Mustang Cobra will have a six-speed gearbox as standard equipment.