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Both cars are nice. In most cases the pullied Cobra will win. Maybe not in all cases but certainly in most.
I am putting down 385 rwhp with intake and headers/hi flow cats and stock cat back. My 03 Z06 is quick but I wouldn't say it was fast. Best time is 12.28 @ 118 (only 4 passes at the track). A pullied Cobra with decent tires should go faster than that.
The problem with the request of the OP is finding a pullied Cobra with only a pulley and tune. Most would have full exhaust and other bolt ons making the OP request a hard one to resolve.
GM and Ford hit a home run with both cars that are reasonably affordable and react to mods as well as these cars do. We are lucky to live in these times.
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