Why is Ford discontinuing the GT?

Why Ford is Discontinuing the GT
The decision to discontinue the Ford GT has been influenced by several factors:
Limited Production and High Cost: The Ford GT is a limited-production, high-performance supercar with a price tag of around $500,000 to $1.7 million. This exclusivity and high cost make it a niche product, limiting its mass-market appeal.
Completion of Production Cycle: The second generation of the Ford GT is nearing the end of its production cycle, with the company expecting to complete production of all 1,350 units by December 2022. This suggests that the current generation of the Ford GT has reached the end of its planned production run.
Shift in Company Focus: Ford envisioned the GT as the flagship model to lead the renewed Ford Performance brand. However, the company’s focus may have shifted, leading to the decision to discontinue the GT.
Racing and Legacy: The Ford GT has a rich racing legacy, including victories at the 24 Hours of Le Mans. The decision to discontinue the GT may be part of a broader strategic shift in the company’s racing and performance vehicle efforts .
In summary, the discontinuation of the Ford GT appears to be driven by a combination of factors, including limited production, high cost, completion of the production cycle, and a potential shift in the company’s strategic focus.
If you have any further questions or need additional information, feel free to ask!

Why was the GT40 banned?

The Mk II and IV were both obsolete after the FIA had changed the rules to ban unlimited capacity engines, ruling out the 427 cu in (7 L) Ford V8. However, the Mk I, with its smaller engine, was legally able to race as a homologated sports car because of its production numbers.

What is the new Ford GT called?

Ford Performance. 2023 Ford GT MK IV.

Will there be a 2024 Ford GT?

2024 Mustang® GT Fastback
**486 hp can be achieved on Mustang® GT models equipped with Active Valve Dual Exhaust.

How many Ford GT40 are left?

three
Of the five initial GT40 prototypes, only three remain today, and the other two are currently in the Shelby Heritage Center in Las Vegas.

How much is a real GT40 worth?

RM Sotheby’s will auction the GT40 at its Monterey sale in late August, and expect it to fetch anywhere between $9,000,000 and $12,000,000. Considering its provenance, it might even go for more… For more on the history and development of the GT40, click this link.

Will the Ford GT be discontinued?

Yes Ford is making a 2023 Ford GT, however it is the last year the famous vehicle will be made, as it is being discontinued. For this reason a number of special features are being thrown into this one of a kind supercar, but unfortunately you will not see this supercar on the road anytime soon.

How many GT40 are left?

three
Of the five initial GT40 prototypes, only three remain today, and the other two are currently in the Shelby Heritage Center in Las Vegas.

Why did Ford stop racing the Ford GT?

Because the GT was built to GTE regulations, which have been discontinued at the end of 2023. The Mustang is built to GT3 regulations, which makes it eligible for virtually any competition – WEC, 24h Nürburgring, GTWC, you name it.

What is the fastest street-legal car?

9, 2022, the Gas Monkey Garage-sponsored 2006 Ford GT known as the “BADD GT,” achieved a top speed of 310.8 mph (500.1 km/h) at Space Florida’s Launch and Landing Facility, located in Kennedy Space Center, Florida, making this car the fastest street legal car in the world.

Who got in trouble for selling their Ford GT?

But after just a few weeks of ownership and a single video, Cena sold the GT to New Autos Inc. in Chico, California. That’s when Ford slapped him with a lawsuit seeking damages of $75,000 and the right to buy back the car for its original purchase price, plus any profits Cena made on its resale.