It is the same, the '97 Cobra's only put out 305 HP at the crank...
Actually I just looked it up, the '96 through '98 V8 Mustangs all used the Borg-Warner produced T-45 rated at 320 lb-ft maximum torque, the '99 through '01-1/2 used the Tremec sourced T-45 rated at 325 lb-ft--though not enough difference to matter even if it's true.
- 2003 GT, UPR X, FRPP 24lb/h, Magnaflow, PP 70mm TB & plenum, Delta Force tuned,
Steeda UDPs, Ralco flywheel, RAM HDX clutch, 3.73s, 262 rwHP/305 lb-ft.
New ride (7/1/2013) 1998 Mercedes SL500-5.0L 32V VVT 326/347 HP/tq