Ford is getting serious about racing the Mustang. And that, of course, includes the drag strip.

Dearborn has just released this first teaser image for its new Cobra Jet. And with it, it’s released the first salient details of what promises to be one heck of a straight-line performer.

The latest in a long string of Cobra Jets, the new Mustang drag racer will pack a 5.2-liter supercharged V8. Unfortunately we don’t have output figures yet, but we do have a few other specs to drool over. Like the new four-link rear suspension and 9-inch solid rear axle. It’ll also include a full roll cage, FIA-certified race seats, coil-over suspension, and Weld Racing wheels.

Faster Than A Dodge Demon

Oh, and it’ll run the quarter-mile in the mid-8-second range, topping 150 miles per hour (241 km/h) by the end of the strip. That’s a heck of a lot faster than the Dodge Challenger Demon, which will run in 9.65 seconds and hit 140 mph. But then the Demon is road-legal, and not allowed by the NHRA, while the Cobra Jet will be just the opposite.

“From the very first Mustang Cobra Jets dominating the 1968 NHRA Winternationals to our modern-day Cobra Jet racers, the Ford Performance Parts team continues to build the Cobra Jet brand based on its success at the track over five decades,” said Ford Performance Parts director Eric Cin. “That, in turn, has inspired generations of Mustang fans to create their own performance machines for the street.”

The automaker will only offer 68 examples in either red or white. They’ll each wear 50th anniversary badging to commemorate half a century of Cobra Jets. Further details are set to be announced this summer.

The announcement follows hot on the heels of the Mustangs announced for NASCAR and Australia’s Supercars series. Between the three of them, it’s clear that Dearborn’s pony car will be wheels deep in competition in the coming years.