The Bullet is one of the fastest (if not the fastest) cars in the game. So far, it has only appeared in GTA: San Andreas. Its shape closely resembles a Ford GT, making the car an anachronism; the GT wasn't introduced until 2002, ten years after the game takes place. The Ford GT40 was used as a racecar in the 1960s, but bears less of a resemblance to the Bullet. In a beta screenshot of GTA: San Andreas, the Bullet is seen with a double stripe, identical to that on the real Ford GT. The change to a single stripe in the actual game may have been aimed at avoiding a blatantly obvious design influence from a car that wouldn't exist for another 10 years (hence the year 2005).
Acceleration, speed, handling, and braking are among the best in the game. The only real sacrifice is susceptibility to intense damage upon impact, especially at the excessive speeds the vehicle is capable of reaching. The vehicle is mid-engine, rear-drive. A closer look at the engine shows six injector trumpets, suggesting that the engine is actually a V6 instead of a V8.