The GT40 is a race car that is a testament to American ambition and engineering. Created to take on Europe’s best, it was forged to dethrone Ferrari’s dominance at the 24 Hours of Le Mans. From its bold origins to its lasting legacy, the GT40 redefined performance and cemented itself as a symbol of automotive triumph.

Let's take a look at its history and how it became a symbol of American innovation.

What Is the Origin of the GT40?

The GT40 was born in the early 1960s when Henry Ford II sought to challenge Ferrari’s dominance at Le Mans and showcase American engineering on the world stage. Ford Advanced Vehicles, teamed with legends like Carroll Shelby and John Wyer, led the design and production.

The project drew inspiration from teams like Lola Cars, with the Lola Mk chassis playing a key role. Holman & Moody and Shelby American refined the GT40, adding a powerful V8 engine that symbolized American strength. Engineer Phil Remington’s genius sealed the deal, crafting an aerodynamic marvel that married power with precision.

When Was the First GT40 Made?

The first GT40 hit the road in 1964, igniting a new chapter in racing cars. Unveiled as a prototype by Ford Advanced Vehicles, it boasted a mid-engine layout, wide rear wheels, and a sleek, purposeful design. With Holman & Moody’s touch, this debut model turned heads and set the stage for Ford’s Le Mans assault.

Evolution of the GT40

The GT40’s journey unfolded across distinct chapters, each pushing performance further:

1. Mark I: The Pioneer

Launched in 1964, the GT40 Mark I, debuted with a potent 4.2-liter V8, later upgraded to a 4.7-liter Windsor V8.  This engine laid the groundwork for Ford’s endurance racing dominance, blending power with a lightweight frame.

2. Mark II: The Le Mans Titan

By 1966, the Mark II brought a monstrous 7.0-liter (427 cubic-inch) V8.  With an upgraded engine and improved chassis, it crushed Ferrari with a historic 1-2-3 finish at Le Mans, driven by stars like Denny Hulme.

3. Mark III: The Road Rebel

The Mark III brought the GT40 to the streets.  Produced in limited numbers and tamed slightly for civilian use, it retained the race-bred spirit and performance of its siblings.

4. Mark IV

The Mark IV debuted in 1967 with a revamped chassis and advanced aerodynamics that highlighted American ingenuity. Drivers like Jacky Ickx pushed the Mark IV to new heights, cementing GT40’s place in racing lore.

What Sets GT40 Apart?

The GT40 redefined racing with standout features:

• Powerhouse V8 Engine:From a 4.7-liter to a 7.0-liter V8, it delivered the muscle for endurance racing supremacy.
• Aerodynamic Design: The GT40's low profile reduced drag, improving fuel efficiency and stability. Its sleek design was key to winning at Le Mans.
• Innovative Chassis: Crafted from advanced materials, the chassis enhanced speed, handling and agility.
• Braking Precision: Advanced brakes offered the stopping power for quick deceleration, allowing drivers to push the limits confidently.
• Iconic Racing Stripes: Beyond its engineering, the GT40 featured iconic stripes that highlighted its silhouette and helped identify vehicles in fast conditions.

GT40 FAQs

How many GT40s are left today?

Exact numbers are elusive, but estimates suggest fewer than 50 of the original GT40 race cars still exist, making them rare treasures for collectors.

Why was the GT40 banned?

Its Le Mans dominance prompted rule changes—like the 1968 FIA engine cap at 3.0 liters—sidelining the GT40’s big V8s to level the playing field for other competitors.

How much is a GT40 worth today?

Values vary widely: 1960’s GT40’s fetch $500,000 to over $10 million, depending on provenance and condition. Licensed new GT40’s offer a more accessible entry into GT40 ownership and are priced significantly lower but still represent a valuable piece of racing history.

Experience the Legacy of the GT40 with Hillbank Motorsports

The Ford GT40 is a slice of racing history—and you can own it. At Hillbank Motorsports, our licensed, high-quality GT40 cars bring that legacy to life. Whether you’re a collector or a thrill-seeker, we’ve got the perfect GT40 for you. Book a consultation today and let our experts guide you to your dream ride!