First a concept car, the Ford GT was designed for Ford's centennial year as well as to begin to drive their "heritage" vehicles like the
Mustang and
Thunderbird. The inspiration of the GT is clear when you look at the classic Ford GT40 race cars that were seen in the 1960s. The concept was well received in the auto show circuit in 2002, so the first productions of the GT were seen in 2003.
The GT is a high performance vehicle that seats two passengers and has a style much like that the of GT40 cars. Not only is the styling very similar, the performance is up to par as well with a 5.4 liter V8 that produces 550 horse power and 500 foot-pounds torque. The documented top speed for the Ford GT is over 200 miles per hour. Full production of the GT began in 2004 with a projected volume of just 1500 cars for three years. The first customers received their Ford GT vehicles in 2004. Just over 100 of the 4,500 GT units produced will be exported to Europe and only 200 were expected to be available in Canada.
The production of the GT ended with the 2006 model year and many have suggested that the 4500 units expected to be produced were never actually completed. The first GT sold for over $500,000 and several more sold for well over the $100,000 price tag!