Ford GT production in Canada extended for two more years

Ford Motor Co. has announced that it is extending the production of its Ford GT Supercar for two more years. Intially producting 500 GTs, with 250 being built a year at a facility in Markham, Ontario, the company has accepted it received 6,506 applications for the first 500 vehicles which are priced at $400.000 a piece.

“While we can’t build enough Ford GTs for everyone who has applied, we are going to produce additional vehicles in an effort to satisfy more of our most loyal Ford ambassadors,” said Dave Pericak, global director at Ford Performance, in a statement Friday. “We want to keep Ford GT exclusive, but at the same time we know how vital this customer is to our brand.”

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Aston Martin and Red Bull Racing unveil gorgeous hypercar

The new Aston Martin AM-RB 001 is what happens when you bring two powerhouse automotive giants. The concept version of the hypercar was unveiled on Tuesday showing off the amazing skills of Red Bull’s aerodynamics engineer/genius Adrian Newey. They call it a road-legal Formula One car but instead of using the hybrid V6 powertrain, it’ll be using a 1,000-horsepower V12 engine. Its downforce will be generated by the body, more specifically the shape of the car’s underbody, so you won’t see massive wings on this one. It’ll come with two seats and is designed to be both a true road car and a vehicle capable of performing magnificently on track.

We won’t see the interiors of the car just yet but Aston Martin customers have been showing interest already. According to its CEO Dr Andy Palmer, at least 370 customers have shown interest in the supercar. They originally planned to release 99 AM-RB 001 road cars that’ll cost between £2 and £3 million (CA$3.3 and $5 million) but now they plan a limited run of 150 road cars and 25 track-only vehicles.

Source: Ars Technica + Business Insider