Think American Muscle, and most of the time people will mention cars like the Ford Mustang, Dodge Challenger (and Charger), as well as the Chevrolet Camaro. All well and good, but some might have already forgotten about the Shelby Cobra.

With a lightweight fiberglass body, a huge V8 up front, and compact dimensions, the Shelby Cobra adheres to the tried-and-tested formula of building fast cars. Only less than 1,000 examples of the original Shelby Cobras were ever made, with the rest being replicas or kit cars.

But what if you wanted to have your own Cobra, albeit built with modern technology? Luckily, there's Superformance, a California-based shop that is the only company in the world that can build a replica Cobra with a license from Carroll Shelby Licensing Inc.

PhP 4 million will get you this modern Shelby Cobra replica image

This is the MKIII-R Cobra, their latest take on the revered '60s classic muscle car. While it dons the familiar shape of the original Cobra, the MKIII-R has a flashier exterior thanks to different fender scallops, bigger hood scoop, front splitter, and rear diffuser. It also gets a unique Atlantic Blue paint finish that is complemented by anthracite stripes that pay homage to the racing stripes from before.

Underneath the Atlantic Blue Body is a completely modern suspension that consists of a fully-independent, unequal length A-arms with adjustable Bilstein coil-over dampers at the front and rear. Meanwhile, its steel monocoque chassis has was created using a jig-welded parallel ladder frame steel tubing and large diameter outriggers. It even incorporates front and rear crumple zones, door hinges, steering column, and windshield mounting points.

PhP 4 million will get you this modern Shelby Cobra replica image

The interior, on the other hand, is simple and straightforward. But in order to give it some class, Superformance added custom French-stitched seats along with a leather-covered transmission tunnel to complete the classic look. Meanwhile, bringing the MKIII-R Cobra to the modern age is the electronic gauges.

A wide variety of Ford engines are available for the MKIII-R Cobra. From the 302, 351, 460, and 427/428 cubic inch engines, owners can choose what V8 will power their personal MKIII-R Cobra.

PhP 4 million will get you this modern Shelby Cobra replica image

All of the engines will benefit from an all-aluminum radiator with twin electric fans and an oil cooler for better cooling. A choice of either a Tremec five-speed manual or Ford four-speed automatic transmissions are available for this modern Cobra.

PhP 4 million will get you this modern Shelby Cobra replica image

Interested in getting one? Each one will cost you $79,900 (or about PhP 4.050 million) and that's without an engine under the hood yet. Still, for fans of the Cobra that want a two-seater, American roadster with modern running gear and electronics, the MKIII-R Cobra might just be the car you're looking for.