By alley - Mar 9, 2015, 1:23 PM ET

Report: Ford GT to be priced near $400k

Ford has yet to release any official pricing information for its upcoming Ford GT supercar. However,

Car and Driver

reports that Ford performance chief Dave Pericak indicated at the Geneva motor show that it would be priced competitively with the Lamborghini Aventador, which carries a base sticker price near $400,000. Such a price would make the carbon fiber monocoque Ford GT –

which will be built in Canada by Multimatic

– the most expensive car ever sold under the Ford name.

C&D also quoted Pericak as saying production of the 600hp twin-turbo V6-powered car would be in the “hundreds, rather than thousands,” making it a far more limited-edition model than the previous Ford GT of 2004, of which some 4000 units were built during a two-year production run. That car carried a price tag of $150,000.