According to reports, the owner didn’t have any insurance.
When it was first introduced, the Ford GT was a bargain. The MSRP for the first-generation Ford GT was approximately $150,000, and the Heritage edition package was not a significant addition. These cars will be more valuable in 2022. This makes the collision even more severe, but luckily, the injuries are only financial.
John Peddie shared this image to Facebook by John Peddie. It’s hard to miss the Ford GT Heritage model’s iconic blue/orange Gulf livery. It is also difficult to miss the severe damage to the nose that was caused by an alleged collision with a palm tree, according to Track. Images clearly show the impact on the passenger side, wrinkling and basically destroying the entire nose. Although the Facebook post does not provide context, Road & Track indicates that the car’s owner was the driver. It appears that the 50-year old Boca Raton resident purchased the GT recently for $704,000 and was going for a spin after performing a downshift. According to the report, he claimed that he was not familiar with driving a stick-shift car. After crashing into a tree outside his housing development, he was taken by a security guard to his home where he called police. There’s more. Evidently, the person did not have the Ford registration yet. Even worse, the car was not insured. To top it all, the report says that the owner did not have a driver’s licence. It was apparently suspended and police were able to charge the man with driving with a suspended license. He was also warned about operating a vehicle without registration or insurance.
In 2005 and 2006, Ford produced a total 4,038 GTs. These were the only two years of production of the supercar’s first generation. Only 346 of those cars received Heritage treatment. The photos show severe damage to the front, but it is not clear what the extent of the damage below and whether it can be repaired.