You want specs, you got ‘em! These specs were pulled from the Ford Performance Group website, which lists information about any Ford vehicles (Lightning, Mustang Cobras, Taurus SHO, etc). Anyways, here is some information about the ’94 Cobra.

1994 Mustang Cobra Specs
Engine Type: V8
Horsepower: 240 @ 4800 RPM
Compression: 9.0:1
Displacement: 5.0L/302 CID
Torque: 285 ft/lbs @ 4000 RPM
While the numbers are slightly higher than those on the ’93 SVT, the 1994 was actually a little bit slower.
Top Speed: 140 MPH
0-60 MPH: 6.3 seconds
There were slight improvements on handling and braking, but the most obvious change is the new body style. Bye-bye fox body!
1994 Mustang Cobra Production Information
The most interesting fact about this model is that this car was the first model that offered a convertible Cobra. It was only available in red, and it was actually selected as the Official Pace Car for the 1994 Indianapolis 500!
COUPE
Black: 1,795
White: 1,306
Red: 1,908
CONVERTIBLE
Red: 1,000
TOTAL: 6,009
We hope you enjoyed this edition of Cobra Specs and hope you come back for your! Again, we would like to thank Ford Performance Group for the neatly arranged numbers that we are pulling our data from. Take a look at the website sometime, there is more information than we could even read in a day!