He raced the 1966 Ford Cobra again. And won on both days.
Ford CEO Jim Farley, known as a classic car enthusiast, flew to California last week to compete in the Trans Am SpeedTour at WeatherTech Raceway Laguna Seca series organized by the Sportscar Vintage Racing Association. His race came after Ford released a first-quarter earnings report that exceeded investor expectations.
On Wednesday, he and his Chief Financial Officer John Lawler fielded questions from heavy hitters at Bank of America, Deutsche Bank, JP Morgan, Wells Fargo and RBC Capital Markets on the forecast for the semiconductor shortage plaguing Ford and other automakers.