2002 Ford Saleen Mustang
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2002 Saleen S281-Extreme Speedster, 1 of 20, Torch Red, 791 original miles!

Offered here is a 2002 Saleen Speedster S281-Extreme showing only 791 one owner miles on the odometer. As any Saleen aficionado well knows, very few Extreme Speedsters were produced. This is one of only 20 fitted with a 425 horsepower Saleen built S281E Engine. Unlike the stock Ford motor featured in the S281-SC, the S281E engine was machined and up-fitted for severe race duty by Saleen.

The MSRP tipped the scales at $70,637.00 in 2002, or 30% more than the Corvette Z06 offered the same year. The dollars went to racecar engineering and fine tuning prep for a car that was more than track capable, the Extreme was track ready right off the showroom floor. This particular example is signed by Steve Saleen himself on the glove box. The overall condition is as near to new as a 15 year old car can be. The most notable blem can be found on the passenger side fender call out (see photo). The owner has a pair of NOS fender callouts that you can keep or install as you see fit. This beauty is everything a true collector is looking for, one owner, garage kept, fully documented, freshly serviced and ready to run!


• Saleen S281E 4.6 Liter 2 valve rated at 425 horsepower
• Saleen Series V screw-type intercooled supercharger
• Saleen forged steel crankshaft and connecting rods
• Saleen forged aluminum pistons
• Aluminum heads equipped w/ Saleen camshafts and valve springs
• 90mm Mass-Air sensor
• 42 lb/hr sequential fuel injectors
• Saleen “Power Flash” calibration w/ 6,500 RPM redline
• Saleen special inlet tube and intake manifold
• 11” aluminum flywheel w/full 11” full asbestos clutch disc


• Saleen premium 13” brake system
• Saleen twin gauge pod which includes both a boost gauge and an intercooler temperature gauge
• Saleen quick ratio 6-speed manual transmission
• Saleen 8.8 inch Maxgrip differential
• Saleen short throw shifter
• Saleen water-to-air intercooler that's complete with a heat exchanger
• Saleen cold air induction system that's complete with a performance air filter
• Saleen high-flow performance fuel pump
• Saleen custom balanced driveshaft
• Saleen 2.5 inch stainless steel four way high flow exhaust system that's complete with an x-pipe crossover


• Saleen urethane front & rear fascia and side skirts
• Saleen lightweight composite hood and louvered side scoops
• Saleen competition design S281E rear wing


• Saleen Racecraft progressive rate front and rear springs
• Saleen Racecraft N2 (nitrogen) gas shocks and struts
• Saleen Racecraft sway bars which measure 1.38 inches up front and .94 inches in the rear
• Saleen rear axle lower control arms
• Saleen 18×9 five spoke alloy front wheels
• Saleen 18×10 five spoke alloy rear wheels
• 265/35ZR18 front and 295/35ZR18 rear Pirelli PZero radials
• High performance chassis tune and wheel alignment


• Saleen white faced 200 MPH speedometer
• Saleen tachometer and gauge cluster
• Saleen leather sport seating
• Color-matched door panels
• Saleen performance driving pedals
• Saleen windshield graphic, badges and champ wreaths
• Saleen graphics and accent stripes
• Saleen serialized engine bay and console plaques
• Saleen serialized bumper number
• Saleen shift knob
• Saleen floor mats


• Saleen Speedster Package
• Chrome Allow Wheels
• One Year Team Saleen Membership


• Air conditioning
• Mustang Power Group
• Anti-lock braking system
• Power windows / door locks / decklid
• Remote keyless / Illuminated entry
• Mach 460 AM/FM stereo w/ in-dash 6-disc CD changer
• Leather Sport Seats

Principal Use

Private Museum Piece

Conditional Grade

Like New Minus
97%-99% of as delivered condition. Extremely slight wear only seen upon very close inspection consistent with very limited public showing, climate controlled storage, seldom driven, and impeccably maintained.

Overall Originality

Unrestored as Factory Equipped
An unrestored vehicle in near factory condition in more than one or all the following areas: exterior, interior, engine bay, and chassis.

SYA's 5 Keys to Investment Collectability

*S281-E is the only production Saleen model to feature a Saleen built and installed powerplant
*425hp Supercharged 4.6L V8
*1 of only 20 produced
*791 One Owner Miles
*Torch Red Speedster with matching Tonneau Cover
*Fully Documented, including original Saleen Window Sticker


Engine Type
Engine Size
4.6 Liter Supercharged V8
Fuel Specification
92/93 Octane


Body Color
Torch Red
Body Style
Paint Type


Saleen Mustang


Interior Color
Black & Gray
Secondary Interior Color
Seating Type
Buckets With Console
Seat Material
Shifter Type
Center Console
Engine Size
4.6 Liter Supercharged V8
Transmission Type
6 spd Manual
Body Style
Principal Use
Private Museum Piece
Conditional Grade
Like New Minus
Overall Originality
Unrestored as Factory Equipped
Current Location
Houston, TX
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2002 Ford Saleen Mustang S281-Extreme Speedster
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