Ford CEO Owns a Multi-Million-Dollar Racing Legend—Here’s the Car Behind the Story

Jim Farley, the head of Ford Motor Company, is known for having a seriously impressive car collection. While some of his favorites include modern electric vehicles—even models from China—the most valuable car he owns comes from a very different era.

Farley has openly praised Chinese EVs in recent years. During a visit to Australia, he tested several hybrid pickups, including the BYD Shark 6 and GWM Cannon Alpha.

He’s also been spotted regularly driving a Xiaomi SU7, which he personally imported into the U.S. back in 2024. With a starting price of around $31,000, however, that EV is one of the more affordable vehicles in his garage.

When it comes to performance machines, Farley prefers spending his free time at the track. He participates in amateur racing events behind the wheel of a Shelby Cobra 1964 and a Lola T298 1978.

Still, the crown jewel of his collection is a Ford GT40 Mk1 1966—a true motorsport icon that competed at the legendary 24 Hours of Le Mans.

One of Farley’s GT40s has documented Le Mans history, making it exceptionally valuable. Experts estimate its worth between $9 million and $12 million, placing it among the most prized classic race cars in private hands today.