I love the Cobra. And, I love the new Corvettes. So, I built a race quality space frame, skinned it with aluminum and used the best parts for the 1997 and up Corvette. This includes the engine, suspension(switched to coilovers), brakes, wheels/tires, and differential. I converted the diff into accepting a driveshaft. In the Vette the tranny bolts to it. I use a T56 six speed tranny bolted to the engine.
My floor is 3 inches lower than most so that you sit down in it. I route the air out the side of the car to eliminate lift (vents can be installed in the body). My over the top headers make it possible to have huge, and cool (in temp) footboxes. With the Vette suspension and sway bars it is a great handling car. I started it for the first time at the 2008 Run n Gun and set the fast time on the road course for all Cobras, regardless of power, running on over 200 rated tires. (street legal)
I know that my car is not for the purists. Obviously I wasn't trying to build a replica. I wanted a modern super car with an dimensionally accurate Cobra body. I then painted it Corvette Atomic Orange Effect.
I am finishing some details and hoping spring comes soon so that I can drive it!