Saleen’s 2nd Production Car Beats Porsche 911 Numbers–And You Can Invest Now
I’ll admit I had trouble believing that headline. I thought, Isn’t Saleen just a shop that tunes Mustangs? And Can anyone actually beat the Porsche 911? But the truth is that retired Formula driver Steve Saleen’s auto company already has a dealership network and has launched one record-breaking supercar. The numbers don’t lie, his racing-tested second car should make Porsche nervous. And you can even invest in Saleen before the car debuts.
Who: Steve Saleen’s Saleen Automotive
What: 450 horsepower mid-engine sports car
Where: Saleen showrooms in Ford dealerships nationwide
When: Invest in Saleen Automotive by July 29 when the round closes.
Saleen’s already sold more than 40,000 high performance vehicles. While most of them were Mustangs with hand-built engines, tuned suspension, and custom bodywork, it has sold cars based on other chassis too. In 2000, it launched the Saleen S7l this $400k mid-engine supercar was designed from the ground up. The turbocharged V8 trim made 700 horsepower. It beat out Ferraris and Lamborghinis at the 24 Hours of Le Mans to win first place in its class. What’s more, it set records at that race. Ford was so impressed with Saleen’s performance, they asked him to assemble every Ford GT in the 2004-06 generation.
Like Tesla before it, Saleen is using the proceeds from a high-dollar hypercar to fund a more affordable model with wider appeal. For his second production car, Saleen appears to have benchmarked the Porsche 911’s numbers. But what’s intriguing is he’s beating the 911 by absolutely maxing out a chassis much more like a Lotus Emira. The result should be a track monster.
The Saleen S1 weighs 669 pounds less than a Porsche 911 Carrera yet makes 72 more horsepower. And its current MSRP is $15k lower than the Carrera.
How did Steve Saleen pull this off? The recipe is a 97-inch wheelbase mid-engine sports car with a turbocharged I4 that Saleen has tuned to make 451 horsepower. For comparison’s sake, the latest Lotus Emira I4 settled for 360 horses.
This isn’t some vaporware prototype either. In 2019, the automaker hosted the first Saleen Cup with S1s racing wheel-to-wheel around the Portland International Raceway. If this morphs into a series similar to Spec Miata and Spec Corvette, it would be a fantastic way for S1 owners to push their cars on the track.
With manufacturing capability and an established network of showrooms inside Ford dealerships, I would expect Saleen to be closed to any outside investment. But I was in for another surprise. Steve Saleen’s offering a chance to invest in Saleen Automotive by July 29, 2024. Invest now before time runs out!