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New Ford GT will cost $400,000: Report

Ford's new GT supercar will cost about $400,000 when it is released in 2016, according to a new report.

The forthcoming Ford (F) GT supercar will cost about $400,000, according to a report from the Detroit Free Press .

Ford Performance Director Dave Pericak told reporters that there will only be about 250 of the vehicles made each year, and that it would cost about the same as a $400,000 Lamborghini Aventador, the publication reported.

The two-seat super car will go on sale in the second half of 2016, according to the Free Press.

For more on the GT, see the full Detroit Free Press report.