This is the Statt Mann Baby. Time to Scatt a little bit.
This week the global carmaker announced plans to invest seven hundred million dollars into an existing Michigan plant to build autonomous and electric vehicles.
Ford also announced thirteen new global electrified vehicles in the next five years. That includes a hybrid F-150 pickup, a hybrid Mustang and a fully electric SUV with a range of at least 300 miles.
Ford says it’s putting $4.5 billion behind this electric bet. That’s a lot of money going into cars that don’t turn left at Bristol or Daytona.
Now, I’m not an insider but I do understand that Ford’s better idea is selling cars and that includes the kind of cars the public – AND government – indicates it wants in America’s showrooms. If fans don’t care about turning left, neither will Ford.
Ford’s been downsizing it’s racing budgets for several years. Don’t be surprised if they leave racing as we know it altogether.