an ultra-rare ford gt40 is estimated to reach $3million at an auction in arizona. the ford gt40 was the result of an upset henry ford II, after ford motor company bought ferrari and invested millions towards the enzo. henry then directed his racing division to develop an endurance racer capable of beating ferrari on the world stage, and the ford gt40 went on to beat ferrari and to win at le mans in 1966, 1967, 1968 and 1969. by cp