Steve Saleen is back in the game, holding his first major press conference today at the Los Angeles Auto Show, where he unveiled plans for an all new car bearing his name, the 2014 Saleen 351 Mustang.

“Since regaining the Saleen brand, I really want to bring it all together with the heritage that Saleen is known for”, said Steve Saleen. “With the current Saleen 302 Mustang model it provides all the right features to bring back and update the S351 model.”

After nearly 13 years since a Saleen production vehicle has been powered by a 351 (5.8 liter) engine. The new 5.0 liter Coyote based power-plant, will produce 700 hp and 655 ft-lb of torque when paired with the Saleen 296 supercharger system.

“Everything about this project has been mindful of the goal to create the most potent Mustang on the market”, said Al Wagner, V.P. of Engineering. “I think we have certainly pushed the bar in the production Mustang segment with our 351 offering. Once the project came together I couldn’t help but thinking; if the 302 mustang is using a coyote engine, the 351 is definitely the gray wolf of the class.”

The Saleen 351 will get a 6-speed transmission equipped with a high performance Saleen clutch system, and a 3.73:1 final drive ratio to ensure that the power will be where its most required, on the ground.

Front brakes will be Saleen 15” rotors. “A multi-piston brake caliper setup is critical to a high performance vehicle of this caliber”, added Wagner. “The amount of power that this vehicle can deliver is astounding and needed to have a well composed counterpart allowing it comparable stopping power.”

Rounding out the performance system on the 351 are the Saleen 5-spoke alloy wheels wrapped with high performance tires. Setup in a staggered formation of 20×9 front and 20×10 rear, the slalom performance times and corning capabilities are set to be on-par with levels approaching those of pure bred racecars.

Building on the design elements from the Saleen 302 Mustang, the 351 will feature the Red Butterfly Center Ram Air Induction system which has become a signature of the Saleen brand. A truly functional system, the Red Butterfly hood allows cold air to intake through the butterfly scoop design as they open-up under throttle.

Once the air passes through the butterfly openings it is directed through the engine compartment to the 351’s powerplant where it becomes a tributary to the air intake system. Additional design components include full carbon fiber front and side splitters, as well as a carbon fiber rear diffuser which houses the F-1 style tail lamp.

A complete treatment of Saleen 351 badging and graphics will also be included to complement any one of the standard or custom Saleen paint schemes available on all Saleen vehicles. The Saleen 351 Mustang will be available next year, pricing will be announced closer to launch.