Ford uses an application process to choose GT buyers, and that process just closed for the first two years of production. But Ford now says it will add another two years of GT production, meaning those who missed out the first time (and have at least $400,000 lying around) have a second opportunity to own Ford’s performance masterpiece.
The third year of GT production will be set aside for buyers that were wait-listed during the first round of applications. Others can apply for the fourth year of production, but Ford won’t begin accepting applications until early 2018. Production for the first two years was capped at 250 cars per year, and it seems likely that Ford will stick with the same levels for years three and four.
Read more: Limited-edition GT pays homage to Ford’s Le Mans heritage
Just as Ford hopes to rival Ferrari in terms of performance with the GT, it also took a page from the Italian firm’s playbook when it comes to exclusivity. Rather than dole out cars on a first-come, first-served basis, Ford chose specific buyers based on its own criteria. The move was widely believed to be a hedge against speculators, a way to ensure that GTs got into the hands of people who would actually drive them, and promote the Ford brand.
The extension of GT production came on the heels of Ford’s announcement that it would extend its GT racing program for four years. The GT accomplished Ford’s original goal of winning its class at the 2016 24 Hours of Le Mans on the 50th anniversary of the Ford GT40’s legendary victory over Ferrari. The GT will continue to race in the FIA World Endurance Championship and IMSA WeatherTech Sports Car Championship.
While Ford is looking ahead with the GT, no civilians have actually driven the car. Production is expected to start before the end of this year, and we should find out if the GT lives up to its considerable hype sometime after that.
