Ford to Build an Additional 350 GT Supercars; Production Extended 2 Years
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]
A staunch consumer advocate tracking industry trends and regulation. Before joining TTAC, Matt spent a decade working for marketing and research firms based in NYC. Clients included several of the world’s largest automakers, global tire brands, and aftermarket part suppliers. Dissatisfied with the corporate world and resentful of having to wear suits everyday, he pivoted to writing about cars. Since then, that man has become an ardent supporter of the right-to-repair movement, been interviewed on the auto industry by national radio broadcasts, driven more rental cars than anyone ever should, participated in amateur rallying events, and received the requisite minimum training as sanctioned by the SCCA. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and managed to get a pizza delivery job before he was legally eligible. He later found himself driving box trucks through Manhattan, guaranteeing future sympathy for actual truckers. He continues to conduct research pertaining to the automotive sector as an independent contractor and has since moved back to his native Michigan, closer to where the cars are born. A contrarian, Matt claims to prefer understeer — stating that front and all-wheel drive vehicles cater best to his driving style.
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Ooops, wrong page. Sorry.
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.
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.
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".