What I heard is the new Cobra project was canceled a few months back (it was in one of the recent car mags too), however the GR-1 would continue onward, and Ford was pontentially considering some other other future type V10 powered supercar in addition to the current production Ford GT and GR-1.
This made me think if Daimler/Chrysler is doing the ME-4/12 we saw last year at Laguna, maybe Ford was stepping up as well to do something on that type of level. All hearsay, but that is what tid bit of information I heard.
I would love to see Ford build an outrageous supercar and actually produce it in available quantity.