By on October 18, 2018

2017 Ford GT - Image: Ford

Ford Motor Co. announced Thursday that it will extend production of the GT due to popular demand. While it might not move like the F-Series, which saw more than 450,000 deliveries over the first half of the year, we suppose it has done alright for a domestic supercar that costs half a million dollars. More than 6,500 applicants signed up for a chance to own a piece of the initial allotment in 2016. But Ford notes that was before the car took overall victory at Le Mans 24 Hours later that same year.

The GT’s run will now include 1,350 examples, 350 more than Ford originally planned, and stretch out an additional two years. 

“The response to our Ford GT has been unprecedented, with initial demand outstripping supply by more than six-to-one,” said Hermann Salenbauch, Ford Performance director, in a statement. “By extending the Ford GT production run for a limited period, we’re able to maintain the exclusivity of the ultra-desirable supercar while offering the ownership experience to a greater number of customers.”

Interested parties with flush bank accounts will have an opportunity to apply on November 8th. But, due to the extremely limited availability, Ford is only allowing for a one-month period where it will accept applications. Those chosen will work with the Ford GT Concierge Service on a “personalized purchase experience” for cars produced within the 2020 to 2022 calendar years.

Assembly will continue in Canada, where it’s handled by Markham, Ontario supplier Multimatic. Hopefully, they’ve gotten a handle on the hydraulic fluid leak that saddled nearly one-fifth of the existing GT production run with a recall.

[Image: Ford]

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15 Comments on “Ford to Build an Additional 350 GT Supercars; Production Extended 2 Years...”

  • avatar

    I was impressed up until hearing Ford doesn’t build it.

    the Halo dimmed significantly IMO.

    • 0 avatar

      I’ve read the GT still doesn’t make money at like 600k or whatever they are selling it at, one of the guys on my Cars & Coffee group page recently received his and he mentioned the price increase.

      Anyways, I imagine if Ford had to set up a dedicated line to build the GT it would be an even bigger loss. Besides it makes more sense to let Multimatic handle it since they are set up for this kind of work.

      • 0 avatar

        that’s hardly unusual, just because the cars are expensive doesn’t mean they’re wildly profitable. For ex last year Bentley only turned a profit of about 50 million Euros.

    • 0 avatar

      The original was basically a lola built in slough,england. Its pretty normal to outsource a car so far out of your normal operations.

    • 0 avatar

      Any time you have Enzo roll over in his grave, it’s worth the millions spent.

  • avatar
    SCE to AUX

    “we’re able to maintain the exclusivity of the ultra-desirable supercar”

    No, you’re not. It’s now 26% less exclusive. I’ll bet the buyers of the first 1000 cars aren’t so thrilled with that, particularly if they paid a premium.

  • avatar

    Ooops, wrong page. Sorry.

  • avatar
    87 Morgan

    Super. 350 more to see at Barret Jackson and Mecum swapping hands. Problem is, as i see it, once rhe initial purchaser sells for a small profit, perhaps 100k more than they paid, each subsequent sale really does not net any revenue once auction fees are factored in.

    As an investment the are not real great. I am fairly certain 500k of Amazon stock will have a better 10 year return.

    • 0 avatar
      87 Morgan

      I should add that I do think the GT is a spectacular car and Ford should make and sell as many per year as possible. Why is it only the super rich get all the fun? Prices will come down the more they make, then in 10 years maybe one of us commoners could pick one up. And perhaps drive it regularly…

  • avatar

    Well, this should cover the guy in Germany whose GT went up in flames. Ford had promised the guy they would get him another one.

  • avatar

    Make that 2020, Ford. Would be a nice number: so many of them produced, and it’s the year the last ones will roll off the production line. 1350 sounds “medieval”.

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