Ford to end production of $500,000 GT supercar with special edition

Ford to end production of 0,000 GT supercar with special edition


2022 Ford GT LM Edition

Ford

DETROIT — Ford Motor will end production of its $500,000 GT supercar later this year with a special edition model paying tribute to the vehicle’s racing heritage.

The Detroit automaker on Wednesday said the 2022 Ford GT LM Edition will be the last model of the third-generation car, which was resurrected in 2016 after being a decade out of the market.

related investing news

Morgan Stanley upgrades Ford, says recent pullback offers an attractive entry point

CNBC Pro
Morgan Stanley upgrades Ford, says recent pullback offers an attractive entry point

Ford said only 20 of the GT LM Edition cars will be produced. Deliveries are scheduled to begin this fall with production wrapping up later this year, according to the automaker.

“As we close this chapter of the road-going Ford GT, the GT LM Edition gave us a chance to inject even more heart and soul from a podium-finishing racecar, furthering the tribute to our 2016 Le Mans win,” Mark Rushbrook, global director of Ford Performance Motorsports, said in a release.

2022 Ford GT LM Edition

Ford

The GT is a collector’s car steeped in racing history. This GT LM Edition pays tribute to the third-generation supercar’s overall win at the 2016 Le Mans 24 Hours as well as Ford sweeping the podium to beat Ferrari — as portrayed in “Ford v. Ferrari” in 2019 — at the famous French race in 1966.

The current-generation GT was a surprise reveal at the 2015 North American International Auto Show in Detroit. Ford kept the car a secret even within the company, only allowing select executives and employees to work on it in a nondescript basement room in a building near its headquarters in Dearborn, Michigan.

Only 1,350 of the third-generation GTs — powered by a twin-turbocharged, 3.5-liter EcoBoost V-6 engine with 660-horsepower and 216 mph top speed — were produced by supplier and contract manufacturer Multimatic Inc. of Markham, Ontario, in Canada.

A Ford spokesman declined to comment on the possibility of a fourth-generation GT in the future. He also declined to comment on pricing of the latest limited edition model, saying GT pricing has started around $500,000.

Why Ford's Mustang EV is dethroning its competitors



Source

Why it’s getting even harder to get into airport lounges now
Business

Why it’s getting even harder to get into airport lounges now

Bloomberg | Bloomberg | Getty Images Airplane tickets are getting cheaper, but it’s getting more expensive to bring your family to an airport lounge. Capital One is the latest company to limit access to booming airport lounges to combat overcrowding. Starting Feb. 1, Venture X and Venture X Business cardholders will no longer be able […]

Read More
Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
Business

Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos

Slate Auto electric vehicles inside the startup’s beta production facility in Lake Orion Township, Michigan. Slate Auto LAKE ORION TOWNSHIP, Mich. — In a nondescript supplier park in suburban Detroit, an electric vehicle startup backed by Amazon founder Jeff Bezos is building what it hopes will be America’s newest automaker. The facility is filled with […]

Read More
Used vehicle prices ease from tariff fear-buying highs but remain elevated
Business

Used vehicle prices ease from tariff fear-buying highs but remain elevated

A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — Used vehicle prices last month eased from their recent high in April as consumers who may have needed a vehicle but feared price hikes due to tariffs flocked […]

Read More