It appears that even while covering Saleen, Inc's warranties and protecting the brand image of his name, Steve Saleen has still found the time to build cars. After launching the 570 Challenger back in January and the 570X Challenger at the New York Auto Show, SMS has released additional renderings and information on its upcoming 460 and 460X Mustang. According to SMS, the car is in its final prototype testing changes and will hit the market some time later this year.

From the look of the CAD illustrations, designer Phil Frank stuck to much of the styling cues that made the original S197 Saleen Mustangs so popular. The front end gets a blacked-out grille with horizontal bars and the SMS logo, a more aggressive front fascia, and a dual-vented hood. Side skirts lead into the diffuser-style rear fascia, and like the Saleen S281, the rear end is elongated and the taillights are recessed, complimented to a spoiler that follows the lines of the car.

Performance upgrades sound like Saleen Mustangs of past as well. The supercharged 4.6-liter V8 produces either 470 or 655 horsepower, and each car gets upgraded brakes and suspension system including a Watts-linkage to help plant the solid rear axle. SMS claims the 460 Mustang will hit 60 mph in 4.5 seconds while the 460X should do the deed in four seconds flat.
Source - Autoblog

 

Wait so Steve sold Saleen and started SMS? Why exactly did he do that?

 

I like it.

 

If I remember correctly in a article I read Ford had the rights to the Saleen name when he resigned as company president

From Autoblog.com

Autoblog: What inspired you to form SMS?
Steve Saleen: In addition to my long-standing relationship with the Ford brand I wanted to expand into new markets with the Dodge and Chevrolet muscle cars that are coming out now. For contractual reasons this was not going to happen at Saleen, Inc. due to their heritage with Ford products and the Ford dealer network

 

and I believe Saleen was almost out of money and he found some sucker to buy it