Okay my friend, here is what I can tell from the pictures.
It's a Contemporary Cobra, which is not a bad kit, but to my knowledge they are no longer in business. They may have been taken over by different company with new name. You know the Cobra forum I'm on, so if you like you can drop over there and ask some questions.
The motor is a FE series which was the 352, 390, 427, and 428 CI engine series. Not bad motors, but I personally was not a big fan of the FE series engines. Generally these engines are in the 400 to 600 HP range.
Rear suspension is from a Jag with the inboard brakes.
Front suspension is a torsion bar design. Then means you cannot change the spring rate without changing to a different bar.
Brakes. Well the rear are the stock Jag inboard brakes with solid rotors. The front are also solid rotors. This explains the brake fade when he was at the track.
Frame. The frame appears to copy the original in that it uses 4.0 diameter tubing for the main frame rails. This was one of the weak spots on the original cars as they tended to flex more than you would want for a race car. Also they will not collapse in a head on collision, so there is no crumple zone.
Handling. As I have stated in the past, these cars make a Viper look civilized. You have a 90 inch wheelbase with the same amount of HP (that can vary up and down) and less tire. You have to have it pointed the direction you want to go before you floor it. Even then it can get loose.
Now this guy was not even on it and look what happened to him.
http://www.youtube.com/watch?v=QpLqCxa4ee0
In short, these cars can be wicked and will kill you in a heartbeat if you don't respect them.
Okay, back to this car.
If you are looking for a Cobra to drive on the street when the weather is nice, it will satisfy you. However, if you are thinking of ever taking it to the track, then you will be disappointed in the handling and brakes for the reasons I identified earlier.
Hope that helps you out. Let me know if you have any specific questions I can help you with, or you can always post them on the Cobra forum.