Even if MJ Acquisitions is currently facing a lawsuit with Steve Saleen, the new Saleen Performance Vehicles Company just unveiled the first Mustang model under this disputed name.

When it comes to visual changes, the car looks a lot like Racecraft’s 2008 420S Mustang but according to Saleen’s CEO Mike Shield they wanted to introduce an affordable car to the market.

The 435S Mustang features a Saleen Series VI twin-screw supercharger with a 4.6-liter V8 delivering 435 lb-ft of torque and 435 horsepower matched to a 5-speed manual and 3.73:1 gears.

In addition to all that the car runs on a sport-tuned suspension package and 14-inch brakes up front. If that’s simply not enough for your taste you should know that Saleen will also release on the market an Aero Package including Saleen’s graphics. A chin spoiler and rear wing and 18-inch alloy wheels.

For the time being the price is yet to be determined but if the suppositions are correct we should see this car available with a $40,000 price tag.