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1972 Mercury Comet Dragster Is No Slouch, Pulls 4-Second 1/8-Mile Runs 11 Jun 2021, 10:10 UTC · by 1 photo But as the oil crisis hit in the early 1970s, the Comet was relegated to a more mundane status, becoming a re-bodied Ford Maverick compact. With the top-tier V8-powered GT rated at only 138 horsepower, the Comet went into the history book in 1977 and never came back. But this 1972 Comet tells a different story. While most of its siblings spent their lives as mundane road cars, this malaise-era Mercury was lucky enough to belong to Rich Kent, who bought it new and turned it into a drag racer. ....