That's horrible, the worst I can say that happened to me was really weird stuff happening with my trans, but i got it rebuilt by my uncle and it's been good since, i broke an axle being stupid but I fixed that too. If something like that happened to me, I don't know what I would do, that would probably be the end of me working on my car for awhile. I don't know shit about fords, but your cobra was damn respectable, you should fix it up to be better than it was before. Good luck.