VIDEO: 2010 COBRA JET MUSTANG BURNOUT

Ford will officially unveil its 2010 drag racing Cobra Jet Mustang at the SEMA show in Las Vegas today - meanwhile here's a video expose of the new machine culminating in an epic burn-out.

The movie (courtesy of Jalopnik) shows a car that has been in development for two years. It has a hard act to follow, as those of you who follow these things will know the 2008 version won the NHRA Winternationals this year - as did its illustrious predecessor 40 years before.

While the Cobra Jet is limited to a production run of just 50 cars - all pre-sold at $77,000 - the good news is anyone with a basic V6 Mustang can build their own replica from the Ford Performance Parts catalogue. Or you can even do it with a fresh 'body in white', also newly available from the factory. Just the job for a wet weekend or two...

The Cobra Jet in the video and gallery is the SEMA show car which gets a special snakey silver livery. Customer Cobra Jets will all be red, white and blue.