Ford going F1 and Lemans you can forget about DragRacing.

lstanford · 02-03-2023, 04:10 PM

They just lost $2 Billion dollars with a B in the last quarter. I would not be waiting for anything in their racing program. What do you think will be cut first? Yep, nice guess.

jaythorne · 02-03-2023, 04:23 PM

who is it that they sponsor anyway???dont they just sell those race cars????...my guess is the money made on the mustangs paid their sponsorship of the fuel cars.....so looks like a win win to me for them...

02-05-2023, 12:30 AM

Quote:

Originally Posted by lstanford

They just lost $2 Billion dollars with a B in the last quarter. I would not be waiting for anything in their racing program. What do you think will be cut first? Yep, nice guess.

And they don’t have a C Shelby to see it through!

Ralph A Powell · 02-05-2023, 09:53 AM

From today Automotive New’s
Doesn’t appear there will much spent on Racing! GM doesn’t have a vehicle to replace Camaro after 24. Ford will have Mustang around for several years!

GM executives said they plan to cut $2 billion in costs over the next two years, with 30 to 50 percent of that coming this year. The reductions, which will not include layoffs, are meant to help preserve margins as the automaker continues to ramp up its EV transition — including building more battery cells and launching key new models.

Ford, meanwhile, plans to slash expenses by a "considerable amount more than" the $3 billion it previously promised to cut by mid-decade, according to CFO John Lawler, who noted "everything is on the table," including further layoffs.

Ron Ortiz · 02-05-2023, 10:55 AM

If you get a Ford or GM EV for racing, does the government still offer financial incentives. Or you could get a Tesla and run quicker and won't have to worry about call backs.
I'm sure that Ford or GM for that matter, and Chrysler too will have an easy time competing against the current leaders in F1, yeah right.

02-03-2023, 04:10 PM	#1
lstanford Member Join Date: Mar 2006 Location: Michigan Posts: 312 Likes: 1 Liked 134 Times in 32 Posts	Re: Ford going F1 and Lemans you can forget about DragRacing They just lost $2 Billion dollars with a B in the last quarter. I would not be waiting for anything in their racing program. What do you think will be cut first? Yep, nice guess.

02-03-2023, 04:23 PM	#2
jaythorne Junior Member Join Date: Jun 2009 Posts: 45 Likes: 4 Liked 6 Times in 5 Posts	Re: Ford going F1 and Lemans you can forget about DragRacing who is it that they sponsor anyway???dont they just sell those race cars????...my guess is the money made on the mustangs paid their sponsorship of the fuel cars.....so looks like a win win to me for them...

02-05-2023, 09:53 AM	#4
Ralph A Powell Member Join Date: Oct 2017 Location: Bay City Texas Posts: 388 Likes: 2 Liked 225 Times in 136 Posts	Re: Ford going F1 and Lemans you can forget about DragRacing From today Automotive New’s Doesn’t appear there will much spent on Racing! GM doesn’t have a vehicle to replace Camaro after 24. Ford will have Mustang around for several years! GM executives said they plan to cut $2 billion in costs over the next two years, with 30 to 50 percent of that coming this year. The reductions, which will not include layoffs, are meant to help preserve margins as the automaker continues to ramp up its EV transition — including building more battery cells and launching key new models. Ford, meanwhile, plans to slash expenses by a "considerable amount more than" the $3 billion it previously promised to cut by mid-decade, according to CFO John Lawler, who noted "everything is on the table," including further layoffs.

02-05-2023, 10:55 AM	#5
Ron Ortiz Senior Member Join Date: Feb 2002 Location: Englewood, Florida Posts: 989 Likes: 35 Liked 317 Times in 103 Posts	Re: Ford going F1 and Lemans you can forget about DragRacing If you get a Ford or GM EV for racing, does the government still offer financial incentives. Or you could get a Tesla and run quicker and won't have to worry about call backs. I'm sure that Ford or GM for that matter, and Chrysler too will have an easy time competing against the current leaders in F1, yeah right. __________________ Ron Ortiz 2102 STK