Ford announced at the Specialty Equipment Market Association (SEMA) show that it is reviving the legendary 5.0-liter 302 cubic inch V-8 engine for the aftermarket with a new line of BOSS 302 crate engines, which will go on sale in early 2007. The company also created a custom Mustang to showcase the engine.

Making its debut in 1969, the original BOSS 302 powered a limited production Mustang model sold for two years, which was known as the BOSS 302. The car got its name from the legendary engine that powered the Mustang to a Sports Car Club of American Trans-Am series win in 1970.

Entry level engines are rated at 340 and 345 hp. Higher performance versions include Ford Racing's "Z"-head equipped 302 and 347 cubic inch engines rated between 360 and 450 hp, depending on configuration. The BOSS engine series is capped by a 500 hp 331 cubic inch engine. The suggested retail price for the BOSS 302 block is $1,759, with BOSS engines ranging from $4,650 to $10,000 for the 500 hp BOSS 331 cubic inch engines. The engines come with a 12 month/12,000 mile limited warranty. Gallery after the jump…