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Ford GT could be priced at a Lambo-like $400,000

TheĀ new Ford GT’s looks and performance reflect a supercar intended to go head-to-head with the world’s best, and so does its newly-revealed price.

Speaking at the 2015 Geneva Motor Show, Ford Performance official David Pericak said the GT will have a pricetag pretty close to that of the Lamborghini Aventador, which stickers for around $397,500, according to Motor Authority.

So if you want a new GT, be prepared to spend in the neighborhood of $400,000.

Ford says the GT’s twin-turbocharged 3.5-liter EcoBoost V6 puts out “more than” 600 horsepower, but the Lamborghini comparison makes that number more crucial.

Related: To keep the new GT a secret, Ford hid it in a basement

In standard form, the Aventador’s 6.5-liter V12 produces 691 hp, so the GT will need to have a lot more than 600 hp to win that contest.

All of this shows that Ford is looking to reposition the GT. The last version from 2005 cost less than half the 4400K asking price of the new one, and was built to compete against “entry-level” supercars like Lambo’s Gallardo and the Ferrari 360 Modena.

Those GTs have become valuable collector’s items, and that will almost certainly be the case with the new one as well. Ford is reportedly limiting production to just 250 units per year.

The last GT took Ford considerably out of its comfort, but it looks like Dearborn is moving even further into the supercar stratosphere with the new one. Will that gamble pay off?