When the Bugatti Veyron->ke1112 was originally launched packing 987 horsepower and 922lb-ft of torque, the vast majority of the automotive industry was left awestruck over how Bugatti managed to extract that much power and torque from the mammoth W16, quad-turbocharged engine.

However, to tuning firms all across the globe, particularly in Japan, 1,000-odd horsepower means nothing as similar figures can simply be achieved using six-cylinder, or even four-cylinder engines combined with just one of two enormous turbochargers.

In fact, 1,000HP is almost considered nothing these days with various companies including the ever-reclusive Rotary Supercars and TranStar Racing->ke3987 both promising to deliver supercars with upwards of 3,000HP. However, neither of these cars have materialized just yet.

But in what can only be described as an outrageous tuning exercise, Steve Morris Engines recently previewed that extracting three times the power than that of a Veyron isn’t that difficult. They strapped this insane power plant in a relatively stock 1970’s Ford Mustang Mach I body.

In order to achieve these insane results, the firm fitted an incredible 572 cubic inch V8 engine into the car, packing a displacement of 9.4-liters before adding a pair of 88mm billet Bullseye turbochargers. In order to prove that this recipe works very effectively, Steve Morris Engines took the completed engine to the dyno to see what numbers it would deliver.

The results are nothing to sneeze about, as the engine managed to pump out 3,040 raging horses at 7,300rpm while an equally impressive torque figure of 2,411lb-ft was achieved at 6,000rpm. It’s crucial to note at this point however, that these figures are straight from the engine itself, and when all that power is sent through the flywheel and driveshaft, this incredible Mustang may produce around 2,300-2,500 horsepower at the rear wheels.

Unfortunately, this unit has been specifically built for drag racing purposes as evident by the massive parachute hanging off the rear, but that certainly doesn’t detract from what is a mighty impressive feat. And fingers crossed, these results will help encourage other tuning companies to follow suit and continue to push the boundaries of power and torque.

Second video of Mustang on the dyno after the jump.