Ford's Carbon Fiber GT to be Built in Ontario

Feb 13, 2015 07:30 AM EST | Matt Mercuro

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Ford announced during the Canadian International Auto Show on Thursday that it will build the 2017 GT carbon fiber supercar in Markham, Ontario.

The vehicle will be made in partnership with privately held contract manufacturer, Multimatic Inc. Ford partnered with Multimatic more than 30 years ago and the two have since made the FR500c and Boss 302R race cars together,  Executive Vice President Joe Hinrichs said during the Toronto Auto Show, according to Reuters.

The door-door, mid-engined coupe capable of at least 600 horsepower was unveiled in January at the Detroit Auto Show and is scheduled to be available for purchase by late 2016 as a 2017 model.

Multimatic, which is located north of Toronto, is known for their lightweight composite automotive technology, according to the Multimatic website. The Canadian company has 12 different production facilities in five countries: Canada, the U.S., Mexico, England and China.

"Ford was looking for a skill set and went where the expertise was," said analyst Dave Sullivan of AutoPacific to the Detroit Free Press. "If it were in Michigan, they would have done it in Michigan. But carbon fiber bodies are still an immature technology and there is not a lot of selection of available vendors."

The decision could mean that Ford will use the GT to return to the 24 Hours of LeMans race in 2016, though nothing is official yet.

Lightweight carbon fiber materials can be used to reduce the weight of a vehicle, thus improving the vehicle's performance and efficiency, according to Reuters.

Supercars are usually very expensive and produced in extremely limited quantities. So if you're interested in buying one, once Ford announces the GT's release date, you might not want to wait too long before getting one.

A limited amount of the carbon fiber vehicles will be available for sale sometime during the second half of 2016, according to the Detroit Free Press.

Pricing has not been announced yet by Ford.

Ford didn't provide additional information on where the car will be made on Thursday.

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