Holt (Multimatic): Higher Demand Than Build Capacity for Mustang GT4

Photo: Gavin Baker/IMSA

Multimatic has received 30 orders for the new Ford Mustang GT4, in what Larry Holt says has been the “right move” for the North American sports car sanctioning bodies in adopting the growing global GT platform.

The Canadian firm, which is also responsible for the production of the Ford GT production and race cars, has reached maximum capacity, although is hopeful of delivering more than a dozen cars to customers by the end of the year.

“Every day I get a text from someone wanting one,” Holt told Sportscar365. “There’s higher demand than build capacity.

“We’re building the GT road car and are finally at full capacity.

“It comes down to a capacity issue but I think by the end of this year, we’ll have 15 [Mustang GT4 cars] in customers’ hands.”

Holt said the 30 confirmed orders, which range from customers set to race the car in the IMSA Continental Tire SportsCar Challenge or Pirelli World Challenge, to track day activities or private collectors, does not include European sales.

Multimatic has yet to establish a European distributor and technical support partner, although Holt confirmed they’ve been in talks with M-Sport.

“They’re clearly interested in it,” Holt said. “Malcolm [Wilson] and I are good friends. He’s really interested in doing it.

“We have a car over there and keep saying we’re going to run it in a race but something else happens.

“I think we’ll try to run it in a British GT race before the end of the year. That’s the idea.”

While initially skeptical on the platform, Holt has praised the GT4 formula, in what has seen rapid growth in recent months, particularly in America.

“That was the right move for IMSA to make that decision,” he said. “We came into it because, in the end, there was no home for the GT 350R-S.

“I’ve been building home-built GS cars and ST cars for a long, long time. There was a faction within IMSA that wanted to always have guys build their own cars.

“Then the GT4 argument won out. I was ambivalent. I liked building one-offs, so I could go either way.

“It went GT4 and now in hindsight, it was 100 percent the right decision.”

3 Comments

  1. Binky

    September 12, 2017 at 1:41 pm

    “It went GT4 and now in hindsight, it was 100 percent the right decision.”

    I mean, the formula certainly works out for the larger manufacturers. But it’s still great to see a new project be successful, especially if it means more funds to work on their other projects (like the woeful P2).

  2. Toddy

    September 13, 2017 at 12:12 am

    Of course the guy that is the only builder now would say he likes the idea. If multimatic wasn’t chosen he would be raising hell. Unfortunately this has priced out all those guys that built their own cars and that remains to be seen whether it pays off in short term losses of entries that are replaced by long term GT4 cars.

  3. goodgrief

    September 13, 2017 at 3:21 pm

    Todday, there aren’t many, if any, GT4 spec cars “home built” and Multimatic is not the only builder of GT4 cars.

    WTF are you talking about?

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