[Modena]

You can have traction control without ABS, look up race logic.

I seriously investigated ABS, and there is no way I would try a "donor" ABS. The only way to do ABS properly is to have a system designed for the specific vehicle, programming takes into account vehicle weight, front/rear bias, corner weights, tire size and type (not just overall circumference), brake % bias front/rear, and other things. The brake bias in a Cobra will be nowhere near the sedan or UTE that most donor systems come from.

But fear not, a custom programmed ABS unit is available, it is made by Bosch and is meant for race cars but you can order one for your Cobra, at which time you give them all the accurate data I mentioned above and they create a custom ABS computer program for you in Germany to suit your specs. It's around $5500 Euro (AUD fluctuates with exchange rate) for the complete kit including the custom program and sensors, but the sensors do not work with all reductor wheels. It has an in-cabin dial for different ABS aggressiveness settings including turning it off completely.