Video: Jay Leno and Iconic AC Roadster image

In the latest episode of his show, Jay Leno got behind the wheels of the new 2012 Iconic AC Roadster.

Jay gets to see the car at Boca Raton Concours d’Elegance in Florida and chats with the guy behind the project and his chief engineer.

Engine: Naturally it’s a Ford 427, though it starts out as a Ford SVT NASCAR long block that race-engine builder Ernie Elliott bores, strokes, and tops off with Iconic’s own cross-ram induction and fuel injection system.

The 7.0-liter V-8 from Ford’s SVO division delivers 825 horsepower and 660 lb/ft of torque and is mated to a six-speed manual transmission. Enough energy to sprint the car from 0 to 60 mph in less than three seconds and to a top speed in excess of 200 mph.

The body is not just another Cobra clone. Instead, it has the look of a Cobra that has been carved down and manicured, but it is also certainly reminiscent of a classic Cobra.

All of the machine and assembly work is being handled by Technosports, a Livonia, Mich., company that offers advanced design, prototyping and manufacture of specialty products. Past clients include major automakers and racing teams.

Iconic AC Roadster Price? $475,000!