Steering racks are not the stuff of Mustang passion, at least not until your Mustang goes wandering or you're building a track car that needs the last word in precision. Then you need the expertise of chassis experts who have been studying Ford steering to keep their customers headed where they want to.
You need Maximum Motorsports, in other words. Which is exactly where we headed when we noticed the directional control in our '91 Mustang daily driver had degenerated into something more akin to stirring walnut-laced oatmeal than precise guidance. What we found was a subject far more detailed than we had guessed, but with a few clear-cut choices for the enthusiast once past all the theory.
To keep this discussion within practical limits, we'll confine ourselves to '79-'04 Mustang steering. These are the Fox and SN-95 cars that typically need attention. The '05-'11 steering is mechanically similar but already incorporates the improvements developed during the Fox and SN-95 era, plus the later steering racks mount completely differently and offer no interchange possibilities.
Let's start at the beginning. All Fox and later Mustangs use rack and pinion steering. This means the steering wheel is attached to a shaft passing through the firewall and connected to what we all casually call the “steering rack” or simply “the rack.”
No matter what you call it, the rack assembly converts the rotation of the steering shaft into left-right motion. That left-right movement is connected to the front wheels via tie rods screwed to each end of the rack. The rack assembly also provides the steering gear ratio, plus controls and applies the hydraulic power assist from the power-steering pump.

A close-up view of the rack...

A close-up view of the rack and pinion intersection shows the helical-cut gears pinion gears intersecting the straight-cut gears on the rack. The ratio between the rack and pinion gears defines the steering ratio, and by varying the spacing of the teeth on the rack, Ford builds in variable ratio steering. This also means changing steering ratios means changing the rack assembly. In this photo, we turned the rack upside down so the gears would be easier to see.

We laid out this steering...

We laid out this steering rack housing and steering rack to illustrate the fundamentals of how the power steering applies force. Note that on the rack there is a fence or piston just a little left of center. On the rack housing you can see the hydraulic lines entering the housing on either side of where the fence on the rack rides. The other end of the hydraulic lines run to the input shaft (pinion) area of the housing, where the spool valve lives. As you turn the steering wheel, the spool valve ports hydraulic pressure to one side or the other of the rack fence, thus pushing on the rack.

At left is a Fox pinion with...

At left is a Fox pinion with straight-cut teeth; at right is an SN-95 pinion with helical teeth. The SN-95's helical teeth are inherently more precise, allowing less backlash, and thus improved steering feel and precision. The four orange lines running around the Fox pinion's collar are O-rings; the SN-95 uses the same O-rings but they weren't installed for this photo.
Inside the rack assembly are the pinion, which is the small gear at the bottom end of the steering shaft, and the steering rack, which is a horizontally mounted steel shaft with a series of teeth ground into it. The pinion gear meshes with the steering rack's teeth, which is where the steering gear ratio comes from (how much the steering wheel turns compared to how much the front wheels turn). So far, so easy.
The real fun begins with the hydraulic power steering used on the majority of Mustangs. Here pressurized fluid is piped from the power steering pump to a control valve built into the steering rack. This hydraulic servo valve, typically called the spool valve due to its design, directs fluid into the rack assembly where it applies pressure against one side or the other of a fence built onto the rack. The fluid pressure thus assists the driver in moving the rack against the tire's traction.
The devilish details lay in the intricacies of the spool valve. We auto enthusiasts are normally not familiar with spool valves as there's only one on a car--the one inside the steering rack. It's a reasonably complex device, and we never see it because spool valves don't require maintenance and we don't hot rod them. But--and this is the whole point in swapping steering racks--there are delicately machined details in the spool valve that give the steering rack assembly its characteristic steering feel.
To come right to the point, even after installing the best tires, new tie rods, urethane bushings, stiffer springs, a sport steering wheel, and all-metal intermediate steering shaft, there's still more precision to be gained by swapping a Fox steering rack for one of several SN-95 racks.
We're about to take a detailed look at the spool valve for those who want to know the hows and whys of its operation. There are a lot of words, so skip ahead if you just want the practical considerations, but you'll understand much more about your Mustang's steering if you wade through.

At the steering wheel end...

At the steering wheel end of the pinion shaft, the Fox uses splines and the SN-95 employs a triangle set of two flats. Accommodating the spline/flat difference is the only bolt-in consideration when swapping steering rack assemblies between Fox and SN-95 cars. All other dimensions are identical.

Power steering feel and response...

Power steering feel and response is largely determined by the fine machining found in the spool valve assembly. Here the pin is pointing to one of the tiny edges machined into the edge of a spool valve groove machined into the pinion shaft.

Looking inside the collar...

Looking inside the collar that forms the outer portion of the spool valve shows the machined slots that correspond with the similar slots in the pinion shaft. As the pinion and collar rotate relative to each other, these slots vary the volume of power steering fluid directed to the rack.

It's tough to understand how...

It's tough to understand how the power steering spool valve works, so a few extra photos should help. Let's start with the input shaft. As seen here, the steering wheel end is to the left and the right end has two flats machined into it. The grooves around the shaft near the right end are part of the spool valve; they're the ones with the tiny machined edges.

Here's the pinion shaft with...

Here's the pinion shaft with the long, thin torsion bar--the "T-bar"--extending toward the camera. The near end of the T-bar carries a hole to accept a roll pin used to tie the T-bar to the input shaft.

OK, here's the input shaft...

OK, here's the input shaft in our left hand and the pinion shaft in our right. The T-bar slides into the hollow input shaft, and the flats on the end of the input shaft mate loosely with corresponding flats inside the pinion shaft.
In a simple overview, imagine a thick-walled steel tube, about ¾ of an inch in diameter, in your left hand. One end of the tube has two flats machined into it. Now imagine a second shaft in your right hand, this one with a female socket end machined to accept the flattened end of the first shaft. The two shafts mate, but the clearances between the flats on the first shaft and the matching female socket's flats are loose. Put together, you can easily rotate the two shafts independently of each other a little bit because of the sloppy fit. But after about 15 degrees of free rotation the flats come together and the two shafts go solid.
OK, now we add a torsion bar to our mental assembly. The "T-bar," as the chassis engineers always call it, is a solid metal rod about the size of a pencil. It's firmly fixed to the shaft in your right hand, the one with the female socket. When the two shafts are slipped together, the T-bar slides through the hollow center of the other shaft, the one in your left hand with flats on the end. Once the two shafts are mated, a hefty dowel pin is driven through the shaft in your left hand and the end of the T-bar. This joins the T-bar to both shafts, and you can no longer easily rotate the two shafts independently of each other; the slop is gone.
But, as you've guessed, the T-bar is really a spring. Put enough leverage on the shaft in your left hand and it will still move relative to the second shaft, at least until the flats come in contact and the assembly goes solid.
If you've ever tried to coast your Mustang down a twisty road with the engine shut off, you've noticed how the steering feels--besides needing high effort, strangely gummy. You grunt the steering wheel a few degrees and nothing happens. Then all of a sudden the car turns and the effort drops sharply. Try to steer in the opposite direction and you go through the same sensation of winding a gigantic rubber band--that's the T-bar twisting followed by the flats finally going solid.

Now the collar has been slid...

Now the collar has been slid over the shaft assembly to form the spool valve. To the bare hands the assembly is rigid, but a steering wheel gives the leverage to twist the T-bar and vary the orifices inside the spool valve.

Here we've slid the input...

Here we've slid the input and pinion shafts together and are playing with the loose fit between them. Without the T-bar pinned to the input shaft, the two shafts have a sloppy fit before the machined flats come into contact with each other. Once the T-bar is pinned in place, you have to twist the T-bar to get any relative motion between the two shafts.

In Ford-speak, these are steering...

In Ford-speak, these are steering shafts. The short lower unit is from a Fox; the upper assembly is from an SN-95. The steering wheel end is at left, the rag joint is at right, and the universal joint that allows the steering to bend around the exhaust system is in the middle, more or less.
So, we've got our two shafts mated and pinned together via the T-bar. Now we'll add the final piece, a collar that slips over our shaft assembly. The collar is intricately machined and, among many features, has a shoulder in it that butts against the female socket on the shaft in your right hand. A dowel pin fixes the collar to that same shaft in your right hand so the collar is really part of that shaft.
Now, the collar has no locating function: It doesn't lock the two shafts together or anything like that. Its job is to form a valve in conjunction with the shaft in your left hand. Remember, the collar is pinned to the right shaft, but forms a valve with the left shaft.
The valve is formed by machining troughs into the ID of the collar and the OD of the shaft. Power steering fluid is pumped to this area and flows between the shaft and collar. As the two shafts rotate independently of each other--in the "slop" that's dampened by the T-bar--the area open to the power steering fluid changes as the shaft and collar rotate independently of each other. This ports, or controls, the amount of power steering fluid, and thus, the amount of steering assist.
And for the record, the shaft in your left hand is the steering rack assembly's input shaft; the shaft in your right hand is actually the pinion. At its other end, the right shaft is milled with gears that mate with the steering rack.

Down at the rag joint or steering...

Down at the rag joint or steering rack end of the steering shafts we see the splines on the Fox unit and the triangle of flats on the SN-95 piece. These mate with the steering rack assembly's input shaft. This joint is the one bolt-in gotcha of swapping an SN-95 rack into a Fox. Maximum Motorsports offers the necessary steering shaft combinations to make the swap, however.

And here's such a shaft--a...

And here's such a shaft--a short Fox-style steering shaft with an SN-95 end to mate with an SN-95 steering rack. These are OEM-quality (or better) shafts Maximum has welded together in critical areas to ensure they cannot come apart or loosen up. The universal joint design deletes the rag joint for greater precision and header clearance (reason enough to install this shaft in many hot rods). Retail on this part is $239.97.

And here's such a shaft--a...

And here's such a shaft--a short Fox-style steering shaft with an SN-95 end to mate with an SN-95 steering rack. These are OEM-quality (or better) shafts Maximum has welded together in critical areas to ensure they cannot come apart or loosen up. The universal joint design deletes the rag joint for greater precision and header clearance (reason enough to install this shaft in many hot rods). Retail on this part is $239.97.

Maximum Motorsports recommends...

Maximum Motorsports recommends a manual steering rack to Fox drag racers, mainly to save weight. By deleting the power steering pump, bracket, hoses, fluid, and belt, 16.15 pounds is saved according to Maximum's scale. We'll note you also save the weight of the spool valve, plus gain some steering feel because the power steering is always over-boosted when running skinny front tires. As the photo shows, the manual Flaming River steering rack assembly Maximum offers is dead simple because there is no spool valve.

If you've ever wondered why...

If you've ever wondered why you can never beat the pros, here's a little glimpse at a trade secret. This '00 Cobra R steering rack--pure unobtanium and supposedly the best-feeling, best-steering Fox/SN-95 rack of them all--is under one of Maximum Motorsport's in-house track and race cars. We're not saying this makes the Maximum car unbeatable, but it's just another one of those little things that makes the Maximum driver not have to work so hard. Also visible are Maximum's offset rack bushings.

Mustang tie rods thread onto...

Mustang tie rods thread onto the ends of the steering rack. These "inner tie-rod ends" spherical bearings are a wear point and are often worn out on the typical older Fox or SN-95. If your steering is wandering or initially feels loose when changing directions, the inner tie-rod ends are prime suspects.
Fine, you say, I now understand how the spool valve works, so what's the big deal? Well, after that, what matters is the exact shape of the edges of the grooves in the collar and lefthand shaft. And when we say exact, brother, we're talking small--like, so minute you need a magnifying glass to see 'em. These edges are not simple 90-degree cuts, but a series of steps. The more intricate the steps, the more nuanced the control over the power steering fluid flow.
As you can see, Ford's chassis engineers can fiddle with the T-bar and the porting troughs in the spool valve (along with a bunch of other stuff) to adjust the steering feel. You cannot. It takes far too many specialized, accurate fixtures and machine tools to cut and assemble a spool valve, so no shop is going to file a few grooves and make a magic spool valve.
What you can do is swap steering rack assemblies. From the advent of the Fox Mustang in 1979 until 2004, Ford made just a few major changes in the Mustang steering rack. Save for the steering input shaft, all Fox and SN-95 racks are direct bolt-in replacements for each other, for example. And that steering shaft difference can be accommodated easily enough with aftermarket parts, which we'll get to in a minute.
Chuck Schwynoch at Maximum Motorsport characterizes the Fox power steering rack as having a slightly notchy or on/off feel due to simple machining on the grooves in the spool valve. He prefers the SN-95 rack, which he finds has a more linear response.
Also worth noting are early Fox racks which were sourced from TRW. These are easily identified by their construction: aluminum castings at each end and a steel tube in between. After the TRW racks were phased out in the mid-'80s (there's no hard date for when TRW racks quit showing up), Ford built its own racks in-house. These all use a single aluminum casting.
Generally speaking, Chuck figures Ford paid more attention to the feedback the car gave the driver as the Fox/SN-95 chassis was in production longer, and therefore it's the later SN-95 cars that are preferred.
Chuck's top choice is the '00 Cobra R rack. Apparently some of the massaging these racks received at the factory was not suitable for mass production, but with just 300 Cobra Rs built, this wasn't a problem for Ford. What is a problem for us is that few Cobra R racks were made--just enough for the production run and a few service parts, and those have all been gobbled up. In fact, Maximum Motorsports bought the last 12 of these steering racks it could find and has put all of them into service. So, the '00 Cobra R rack is the one to have, but is unobtainable.
Using the same valving code as the '00 Cobra R rack but carrying a different Ford part number are the '99-'01 and '03-'04 Mustang Cobra racks. Maximum isn't sure if the valving is precisely the same as the Cobra R racks, but it's close. Definitely a desirable steering rack assembly.

This is a Flaming River manual...

This is a Flaming River manual steering rack, but its construction style--a tube steel mid-section flanked by two aluminum castings--is the same as early Mustang racks supplied by TRW. The TRW racks are undesirable because they have slow steering ratios.

Fox and SN-95 tie rods differ...

Fox and SN-95 tie rods differ in overall length to accommodate their respective outer tie-rod ends, but otherwise they interchange. The Fox tie rod is shorter and has a darker inner end. The Fox tie rod also typically uses a roll pin for extra security, unlike the SN-95 tie rod. The holes for the roll pin are visible in the close-up photo. The crew at Maximum says they are almost certain the roll pin is used only on Fox racks, but there is some anecdotal evidence to the contrary as Ford may have used up old Fox tie-rod supplies on early SN-95s.

Fox and SN-95 tie rods differ...

Fox and SN-95 tie rods differ in overall length to accommodate their respective outer tie-rod ends, but otherwise they interchange. The Fox tie rod is shorter and has a darker inner end. The Fox tie rod also typically uses a roll pin for extra security, unlike the SN-95 tie rod. The holes for the roll pin are visible in the close-up photo. The crew at Maximum says they are almost certain the roll pin is used only on Fox racks, but there is some anecdotal evidence to the contrary as Ford may have used up old Fox tie-rod supplies on early SN-95s.

Lowering a Mustang upsets...

Lowering a Mustang upsets the relationship between the steering rack assembly and spindle. The rack gets too low and the tie rods are forced upwards at their outer ends, introducing bumpsteer. A bumpsteer kit spaces the outer end of the tie rods downward, restoring the proper geometry between spindle and rack--a straight line. Maximum Motorsports offers several bumpsteer kits to accommodate various combinations of chassis and suspension arms. Expect retail pricing between $140 and $150.

Racers often relocate the...

Racers often relocate the power steering pump and use AN hoses, so Maximum Motorsport offers this $27.95 Fitting Kit to convert the Ford power steering lines to AN lines. The fittings are standard AN parts that have been lightly machined to work with sealing rings; they are direct bolt-ins.
If a Cobra rack isn't available, Maximum recommends the '02-'04 Mustang GT/Mach 1 rack. And if that proves impossible to find, the next choice is the '99-'01 Mustang GT/Bullitt assembly. We'll also note Maximum doesn't sell steering racks, save for the Flaming River manual rack assembly for those wanting manual steering.
At the risk of repeating ourselves too many times, you don't need to change steering racks on a plain old daily driver Mustang. Leave this trick for serious hobby and track cars.
For the majority of Mustang owners, the bang for the buck come with paying attention to the tie rods and outer tie-rod ends. Both inner and outer tie-rod ends wear, and replacement is the cure. Likewise, if you've lowered your Mustang, offset rack bushings may be useful, but a bumpsteer kit is likely an even better purchase.
Leaks are not a common problem with Mustang power steering racks, but sometimes the Teflon seals under the pump-to-rack line fittings need replacement (often because they were lost or damaged during rack maintenance).
The spool valve, rack, pinion, and input shafts appear bulletproof and should not require maintenance, but if someone has been banging curbs with the front end and the interals are out of whack, then the rack assembly should be replaced.
The rubber bellows at the end of the steering rack are important as they keep dirt out of the precision internals. We'd be suspect of a rack assembly with torn boots.
Power steering pumps are beyond the scope of this article, but if you have one that doesn't hiss like a mad cat, you're fine.
The bottom line: Fox drivers looking for increased precision should consider upgrading to a later SN-95 steering rack assembly and matching steering shaft, and everyone should keep ahead of tired tie-rod ends.
Horse Sense: Keep in mind the typical wear points in the Mustang steering are the inner and outer tie-rod ends. These are normal maintenance items at anything around 100,000 miles, and if your Mustang is wandering or has notchy steering, they are the first place to look.