In a word...maybe.
One of the positive attributes shared by most Cobra replicas is light weight. That's great for power:weight ratio and improved handling and braking, but not so much for traction. That's a saving grace, the tendency to break the tires loose can prevent damage...maybe. The determining factor will be how well your suspension hooks up under power.
Most will just say "Hell, no!"...unless you have one of the better models, it's an inevitability waiting to happen.
They can be mod'd with specially treated parts to take fair amounts of power...your engine undoubtedly puts out more torque than these T-5's are designed for...that's the bottom line.
Hope yours lasts...mine has, and under spirited driving, too...but my engine is MUCH less powerful than yours and the 20-year old BFG's are hard and break loose quite easily.
Cheers!!
Dugly