"We welcome the Mustang to Supercars, and it's fantastic that Ford, and its Ford Performance division, see the Supercars Championship as a great competitive environment and also a strong marketing platform to be involved in". "Fiesta ST shows the depth of enthusiast models that we're bringing to Australia, with everything from this hot hatch through to the Ranger Raptor", said Whickman.
However, while Ford Performance fills a hole in the brand's range since the demise of Ford Performance Vehicles in 2014, Whickman said the new sub-brand would not have its own dealerships or even dealer-in-dealer spaces, instead all Ford dealers will sell Ford Performance products alongside the rest of the range.
The manufacturer will work with DJR Team Penske and Tickford Racing, combining the technical knowledge and expertise of Ford Performance with the experience and skill set of the teams. Whickman explained the company was simply too focused on the transition from manufacturing to a fully-imported line-up, and the job losses associated with that, to publicly fund an expensive racing program.
Tickford co-owner Rod Nash said it was a "landmark day for Australian motorsport".
The first two teams to sign on are DJR Team Penske and Tickford Racing.
(CSX) Expected to Post Earnings of $0.66 Per Share
After $3.41 actual EPS reported by McKesson Corporation for the previous quarter, Wall Street now forecasts 4.69% EPS growth. Canada Pension Plan Investment Board holds 0.05% of its portfolio in CSX Corporation (NASDAQ: CSX ) for 438,378 shares.
"From 2019 the Ford Mustang will race in the Virgin Australia Supercars Championship, joining our global family of racing teams".
It will be the official Recovery Vehicle for Supercars and its support classes, including the new ECB SuperUtes Series, in which the dual-cab 4x4 Ranger already races.
The announcement was timed to coincide with the 54th anniversary of the Mustang's launch. "I know Australians, New Zealanders and our fans around the world will be just as excited as I am to see the Mustang take to our tracks in the world's best Touring vehicle racing".
"I am looking forward to working closely with Graeme Whickman and his team at Ford and congratulate them on the launch of Ford Performance in Australia".