1995 was the only year the race-car-for-the-road Cobra R package was offered in the early-SN95 Mustangs, boasting a 300-hp, 365 lb-ft 351W V-8 and a Tremec TR-3550 five-speed manual transmission.

Each of these models continued to be sold through 2004, which was the final year for the SN95/New Edge Mustang—and for the Mustang Cobra, which has yet to reappear in the modern line-up.