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AC Cars, the self-proclaimed oldest active vehicle manufacturer in Britain, just slapped a roof on its Cobra and called it a grand tourer. The AC Cobra GT Coupe starts at $315,105 with a naturally aspirated 5.0-liter Ford V-8 making 465 horsepower. For roughly $345,000, buyers get a supercharged version pumping out 720 horses and a 198-mph top speed.

Either way, you can have it with a six-speed manual or a 10-speed automatic. That alone sets it apart from much of the low-volume sports car world, where the manual gearbox has become either an afterthought or a marketing stunt.

The design draws from the AC A98, the coupe that raced at Le Mans in 1964. AC is quick to point out this isn’t a stripped-out track weapon. It’s a GT car, meant for covering distances in something approaching comfort — or at least the version of comfort you get when surrounded by bare metal, leather, suede, and carbon fiber in roughly equal measure.

The interior walks a tightrope between nostalgia and function. Analog gauges share real estate with a screen that supports phone mirroring and powered windows. It’s the kind of cockpit that says “we respect the past” while quietly acknowledging that nobody actually wants to hand-crank a window in a $315,000 car.

Both Ford-sourced 5.0-liter V-8s sit in a chassis that owes its proportions to the original Cobra silhouette — long hood, compact cabin, muscular haunches — but with the structural rigidity that a fixed roof provides. The naturally aspirated car tops out at 170 mph. The supercharged version adds 28 mph and 255 horsepower for about $30,000 more, which might be the best dollar-per-horsepower upgrade in the boutique car world right now.

Production numbers haven’t been announced, but “extremely limited” is the phrase AC is using. For a company this small, that could mean dozens. It could mean fewer.

The pricing puts the Cobra GT Coupe in strange company. At $315K, it’s cheaper than a new Ferrari 296 GTB but more expensive than a Chevrolet Corvette ZR1 that would likely embarrass it on a stopwatch. That comparison misses the point entirely, though.

Nobody buying this car is cross-shopping a Corvette. They’re buying a story — the Cobra name, the Ford V-8, the British chassis, the idea that Carroll Shelby’s original recipe still has life in it six decades later.

The real question is whether AC Cars can deliver on the promise. The company has been through more ownership changes and near-death experiences than a soap opera character. Its recent track record with the GT Roadster suggests it can build cars and put them in customers‘ hands, but scaling even modest production remains a challenge for any boutique manufacturer leaning on hand assembly and a storied badge.

A supercharged Ford V-8, a manual gearbox, styling rooted in 1964, and a price tag north of $300,000. The AC Cobra GT Coupe is a very specific car for a very specific buyer — one who wants the visceral experience of a classic Anglo-American sports car without actually having to live with the electrical gremlins, structural flex, and nonexistent crash protection of the original. Whether enough of those buyers exist to sustain AC Cars through another chapter is the only question that matters.

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