Both Steve Saleen and MJ Acquisitions are involved in a law suit over the use of the Saleen name but until that battle is resolved it appears that MJ Acquisitions can release as many Saleen branded models as its wants.
The new 435S was unveiled this week at an enthusiasts' event in Myrtle Beach, South Carolina. The car is fitted with a Saleen Series VI supercharger and makes 435hp (324kW) and 425lb-ft (575Nm) of torque from its uprated 4.6L V8. Other features include a short-throw shifter for the five-speed manual transmission.
To differentiate the 435S from your run-of-the-mill 2010 Ford Mustang, Saleen Performance Vehicles has lowered the car by 1.5in with a Racecraft suspension kit. The exterior of the car has also been fitted with Saleen badging and chevrons, as well as a set of custom 18in alloy wheels.
The 435S is actually the first of a series of new performance Mustangs from Saleen Performance Vehicles. The company plans to unveil a more powerful version at SEMA later in the year and first sales should start by next spring.