General Motors has responded to Triple Eight Race Engineering's decision to switch to Ford in 2026, in a switch that has made global headlines. Confirmed Friday, Triple Eight will return to Ford in 2026, 17 years after the team switched to Holden Commodores and, later, Chevrolet Camaros.
Reigning Supercars champion team Triple Eight Race Engineering has confirmed it will field Ford Mustangs from 2026. In a blockbuster Supercars story, Triple Eight and Ford revealed they will rejoin forces, 15 years after the championship-winning squad defected from the Blue Oval to General Motors.
“We acknowledge Ford’s decision to appoint Triple Eight Race Engineering as its Homologation Team from the 2026 Repco Supercars Championship season, subject to the formal approval process with Ford’s Supercars teams,” said Supercars CEO Shane Howard.
While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.
Triple Eight Race Engineering will make the blockbuster switch from General Motors to Ford for the 2026 Supercars season. Ford says “it is planned” that Triple Eight will take over homologation duties from the struggling Dick Johnson Racing next season.
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
Ford Motor Company ( F -0.39%) investors have had plenty of negative news to digest recently. 2024 was a bumpy ride as Ford had to grapple with higher warranty costs, advanced electric vehicles taking over the market in China, and crosstown rival General Motors seemingly thriving and raising guidance at every opportunity.
General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
The current “Gen 3” Ford Mustang Supercar developed by Dick Johnson Racing has struggled to match front-running Camaros at times. Triple Eight will replace DJR as the top team responsible for designing and developing future racing versions of the Mustang in Australia.
View Ford Motor Company (F) current and estimated P/E ratio data provided by Seeking Alpha.
GM announced a record-setting profit-sharing bonus for workers. The profit-sharing amount is much larger than in the past two years, amid workforce cuts. Scott Bessent confirmed as Treasury secretary, giving him a key role in extending Trump's tax cuts
Triple Eight Race Engineering, 12-time team champions of Australia's Supercars series, last ran Fords in 2009.