1 00:00:02,520 --> 00:00:10,959 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. I'm Matt Miller and 2 00:00:11,000 --> 00:00:13,800 Speaker 1: I'm Hannah Elliott and this is Hot Pursuit. 3 00:00:14,160 --> 00:00:17,640 Speaker 2: And this is a very special edition of the podcast 4 00:00:17,720 --> 00:00:20,480 Speaker 2: because Hannah, you're at I mean you were last week 5 00:00:20,480 --> 00:00:22,919 Speaker 2: also at Monterey Car Week, but you're still there and 6 00:00:22,960 --> 00:00:25,880 Speaker 2: you just got to sit down in a room with 7 00:00:26,400 --> 00:00:29,320 Speaker 2: Fords CEO Jim Farley, who I guess has just finished 8 00:00:29,400 --> 00:00:31,440 Speaker 2: judging the concour This. 9 00:00:31,680 --> 00:00:34,400 Speaker 1: Is actually kind of the like climax of the whole week. 10 00:00:34,479 --> 00:00:37,839 Speaker 1: We are in Casa Palmerow at the Pebble Beach Golf Links, 11 00:00:38,159 --> 00:00:40,760 Speaker 1: and it's basically the end of the day. Jim and 12 00:00:41,000 --> 00:00:43,760 Speaker 1: I both got up for dawn patrol, which is a 13 00:00:43,960 --> 00:00:47,560 Speaker 1: five forty five am commitment to watch the cars roll 14 00:00:47,600 --> 00:00:50,280 Speaker 1: onto the lawn. And then Jim of course has a 15 00:00:50,320 --> 00:00:53,440 Speaker 1: car that's entered into the Concora Lincoln, but also he's 16 00:00:53,479 --> 00:00:57,279 Speaker 1: the judge, so he just finished judging and came in 17 00:00:57,320 --> 00:00:59,920 Speaker 1: here to talk to us, which was a really great thing. 18 00:01:00,080 --> 00:01:02,480 Speaker 1: And of course we love to talk to him because 19 00:01:02,480 --> 00:01:06,399 Speaker 1: he's so fascinating to talk to and so passionate. 20 00:01:07,120 --> 00:01:12,320 Speaker 3: Yes, yes, bleeds oil. Like it's unbelievable how much this 21 00:01:12,400 --> 00:01:13,640 Speaker 3: guy loves cars. 22 00:01:13,800 --> 00:01:17,840 Speaker 1: It's so inspiring. And I don't want to gush because 23 00:01:17,920 --> 00:01:22,880 Speaker 1: everybody's different, but I will say not every automaker truly 24 00:01:23,400 --> 00:01:27,360 Speaker 1: loves and believes in the cars the way that Jim does. 25 00:01:27,720 --> 00:01:30,559 Speaker 1: It's on another level, you know. And it is really 26 00:01:30,640 --> 00:01:32,640 Speaker 1: fun to be around because he believed. He is a 27 00:01:32,680 --> 00:01:35,800 Speaker 1: true believer, for sure. It's fun. 28 00:01:36,360 --> 00:01:40,120 Speaker 2: Let's get straight into the interview now, and I'll meet 29 00:01:40,120 --> 00:01:41,559 Speaker 2: you back here in thirty minutes. 30 00:01:42,200 --> 00:01:44,320 Speaker 4: I was here at four because I was showing my 31 00:01:44,880 --> 00:01:47,360 Speaker 4: old Lincoln, so I got up at I was here 32 00:01:47,360 --> 00:01:49,240 Speaker 4: at four trying to get the car ready. We had 33 00:01:49,280 --> 00:01:52,400 Speaker 4: a fire during the tour or so, but we had 34 00:01:52,400 --> 00:01:55,960 Speaker 4: to repair the car this morning. And I'm also eleven 35 00:01:56,040 --> 00:01:58,680 Speaker 4: or twelve year into judging here. I'm a technical judge 36 00:01:58,680 --> 00:02:04,160 Speaker 4: of judge for Packards, so lat and I really loved 37 00:02:04,160 --> 00:02:08,320 Speaker 4: the early American cars, so I couldn't do both. My 38 00:02:08,400 --> 00:02:10,960 Speaker 4: son drove the car on the lawn. I couldn't do 39 00:02:11,120 --> 00:02:13,840 Speaker 4: dog control this year, and then I had to make 40 00:02:13,880 --> 00:02:16,040 Speaker 4: it to the judges boring breakfast. 41 00:02:16,160 --> 00:02:19,280 Speaker 3: Wait, I want to hear about both of those cars. First. 42 00:02:19,800 --> 00:02:23,799 Speaker 2: I've heard the Packard twelve cylinder motor was a model 43 00:02:23,800 --> 00:02:25,400 Speaker 2: that Enzo Ferrari loved. 44 00:02:25,919 --> 00:02:28,760 Speaker 3: Is that true? What's the story with Packards? 45 00:02:29,320 --> 00:02:31,520 Speaker 4: You know, if you ask Phil Hill or anyone who 46 00:02:31,600 --> 00:02:34,720 Speaker 4: knows about cars, they would tell you that Packard in 47 00:02:34,800 --> 00:02:37,440 Speaker 4: the twenties and thirties, you know, had even before that, 48 00:02:37,560 --> 00:02:40,320 Speaker 4: but really became you know, the Rolls Roycee in the 49 00:02:40,400 --> 00:02:43,680 Speaker 4: United States. It wasn't the fanciest car. You could buy 50 00:02:43,680 --> 00:02:47,000 Speaker 4: a Pierce or a Locomobile or others that were fancier, 51 00:02:47,040 --> 00:02:50,760 Speaker 4: but for the high end, mainstream you know, Dual cow 52 00:02:51,919 --> 00:02:55,919 Speaker 4: Phaeton Packard twelve cylinder of twin six is about it's 53 00:02:56,040 --> 00:02:58,679 Speaker 4: nice of a car, and they're completely silent. I mean 54 00:02:58,720 --> 00:03:01,840 Speaker 4: you turn on, they're even quieter than my K Lincoln. 55 00:03:02,280 --> 00:03:06,160 Speaker 4: They were very tasteful cars. They were understated. Their advertising 56 00:03:06,760 --> 00:03:11,000 Speaker 4: slogan was slightly out of touch today, but asked the 57 00:03:11,040 --> 00:03:14,840 Speaker 4: man who owns one kind of set it all, and 58 00:03:14,880 --> 00:03:18,360 Speaker 4: they were really the gold standard in our country. The 59 00:03:18,400 --> 00:03:22,239 Speaker 4: Packer plant in downtown Detroit was, you know, the place 60 00:03:22,320 --> 00:03:24,280 Speaker 4: to work if you were a factory work collect My 61 00:03:24,320 --> 00:03:27,120 Speaker 4: grandfather he worked at four but he would love to 62 00:03:27,400 --> 00:03:31,400 Speaker 4: get backer. It's no surprise because Packer took so much 63 00:03:31,440 --> 00:03:34,960 Speaker 4: pride in their twelve cylinder engine. They had no need 64 00:03:35,000 --> 00:03:37,320 Speaker 4: to come out with the sixteen like Cadillac. They thought 65 00:03:37,360 --> 00:03:41,240 Speaker 4: that was too heavy. And it's no surprise that they 66 00:03:41,280 --> 00:03:45,680 Speaker 4: became the license se for the Merlin engine in Worldworth 67 00:03:45,880 --> 00:03:49,440 Speaker 4: two and made all the engines for the P fifty ones. 68 00:03:50,040 --> 00:03:54,920 Speaker 4: Because they were so good at manufacturing and quality. It 69 00:03:54,960 --> 00:03:58,240 Speaker 4: was a great company. They you know, they didn't survive 70 00:03:58,360 --> 00:04:01,640 Speaker 4: much after that, but when they were on their game, 71 00:04:01,680 --> 00:04:02,800 Speaker 4: they were the best in the world. 72 00:04:03,280 --> 00:04:06,000 Speaker 5: And you said, you're a technical judge, yes, what does 73 00:04:06,000 --> 00:04:07,480 Speaker 5: that entail? What are you looking for? 74 00:04:08,120 --> 00:04:11,800 Speaker 4: It's a good question. We have basically a small point 75 00:04:11,920 --> 00:04:15,040 Speaker 4: range for elegance, and that's with a lot of negotiation 76 00:04:15,120 --> 00:04:18,000 Speaker 4: that goes into that because everyone's definition is different. But 77 00:04:18,360 --> 00:04:20,839 Speaker 4: you know, the most important thing is we're not going 78 00:04:20,920 --> 00:04:23,400 Speaker 4: to give you points off or let's say, you know, 79 00:04:23,560 --> 00:04:25,680 Speaker 4: you have a great piece of pain here or there. 80 00:04:25,680 --> 00:04:28,520 Speaker 4: It's not what people think. It's like that host clamp 81 00:04:28,560 --> 00:04:31,880 Speaker 4: is wrong. That's that sticker is actually not put on 82 00:04:31,920 --> 00:04:35,280 Speaker 4: the right way. We're not looking to get people, you know, 83 00:04:35,480 --> 00:04:39,120 Speaker 4: points off. We're looking at is that executed, that car 84 00:04:39,320 --> 00:04:43,719 Speaker 4: executed in the intent of the manufacturer's intention, especially the 85 00:04:43,800 --> 00:04:47,640 Speaker 4: engineering stuff like does stuff work as is spoil to work, 86 00:04:48,160 --> 00:04:52,240 Speaker 4: the vacuum, you know, wipers, they can work really well, 87 00:04:52,279 --> 00:04:54,840 Speaker 4: they don't work really well sometimes and a lot of 88 00:04:54,880 --> 00:04:56,960 Speaker 4: the owners don't really care as long as they work. 89 00:04:57,520 --> 00:05:02,520 Speaker 4: But for judges, we're looking for the manufacturer's intent when 90 00:05:02,560 --> 00:05:04,960 Speaker 4: they made the vehicle. But a lot of people get 91 00:05:05,000 --> 00:05:06,800 Speaker 4: it wrong. And there's a lot of people who spend 92 00:05:06,839 --> 00:05:09,320 Speaker 4: a lot of money on these fancy restorations, they actually 93 00:05:09,320 --> 00:05:11,719 Speaker 4: don't know about the cars. They don't know what it 94 00:05:11,760 --> 00:05:14,720 Speaker 4: should do and not do. And Packard had a lot 95 00:05:14,720 --> 00:05:16,720 Speaker 4: of good reasons to do what they did when they 96 00:05:16,800 --> 00:05:19,680 Speaker 4: braided a fuel line or when they when they didn't 97 00:05:20,120 --> 00:05:22,480 Speaker 4: you know, they had good engineering reasons for it. So 98 00:05:22,520 --> 00:05:27,440 Speaker 4: we're looking for technical compliance and the manufacturer's intent not 99 00:05:27,560 --> 00:05:31,560 Speaker 4: to ding people for like a sticker being there or not, 100 00:05:31,720 --> 00:05:35,000 Speaker 4: but you know, is it there to warn the customer 101 00:05:35,120 --> 00:05:38,520 Speaker 4: do not touch this. And we're looking for especially the 102 00:05:38,560 --> 00:05:42,520 Speaker 4: custom body vehicles. Are they elegant or are they cumbersome? 103 00:05:42,920 --> 00:05:46,480 Speaker 4: Could be a really expensive car that actually isn't very elegant. 104 00:05:46,920 --> 00:05:48,880 Speaker 4: There are a lot of those, so we look for 105 00:05:48,920 --> 00:05:52,640 Speaker 4: both elegance. The genesis of this was, of course the 106 00:05:52,680 --> 00:05:57,640 Speaker 4: Pebble Beach races and then not so modern idea, the 107 00:05:57,680 --> 00:06:01,560 Speaker 4: women would pick the most elegant car on Sunday, so 108 00:06:01,640 --> 00:06:04,680 Speaker 4: the guys would race. Really wealthy people would race on Saturday. 109 00:06:04,720 --> 00:06:07,279 Speaker 4: And eventually they moved out to Lundeseca because it was 110 00:06:07,279 --> 00:06:10,640 Speaker 4: so dangerous to race in the forest and this concourse 111 00:06:10,880 --> 00:06:14,920 Speaker 4: was an elegance. Yes, and you picked the most elegant car. 112 00:06:15,120 --> 00:06:17,640 Speaker 1: You know, that's actually a great history that has never 113 00:06:17,680 --> 00:06:20,520 Speaker 1: been strung together. To me, that was the genesis. 114 00:06:20,160 --> 00:06:23,200 Speaker 4: Of whole week. Ye it was always a week. 115 00:06:23,080 --> 00:06:25,520 Speaker 5: Three years ago and Phil. 116 00:06:25,320 --> 00:06:27,560 Speaker 4: Hill was the first person to win the road race, 117 00:06:28,040 --> 00:06:32,160 Speaker 4: and then he happened to win in his aunt car 118 00:06:32,520 --> 00:06:37,200 Speaker 4: one he restored it, won the concourse the same weekend, 119 00:06:37,640 --> 00:06:40,520 Speaker 4: same next day, and he wound up being the first 120 00:06:40,560 --> 00:06:45,159 Speaker 4: American world champion. So, yeah, this weekend is great. I 121 00:06:45,200 --> 00:06:48,120 Speaker 4: worked in a car restoration shop in fact Hills Hill 122 00:06:48,120 --> 00:06:50,920 Speaker 4: and Vaughn Phil's place. I put myself to graduate school. 123 00:06:51,320 --> 00:06:55,679 Speaker 4: I'm an interior guy, so I sew frogs, buffalo hide, 124 00:06:56,320 --> 00:07:00,520 Speaker 4: all sorts of crazy stuff that put myself to graduate school. 125 00:07:00,640 --> 00:07:03,039 Speaker 4: And I was a mechanic and I came up here 126 00:07:03,080 --> 00:07:04,800 Speaker 4: after we'd work on the cars for three or four 127 00:07:04,880 --> 00:07:08,120 Speaker 4: years we weren't allowed in the show. You'd have enough 128 00:07:08,160 --> 00:07:10,040 Speaker 4: money to be in the show. But we would drive 129 00:07:10,080 --> 00:07:12,640 Speaker 4: the cars on the lawn, you know, before there was 130 00:07:12,720 --> 00:07:15,320 Speaker 4: dawn patrol and all the mechanics are working on the cars. 131 00:07:15,360 --> 00:07:18,400 Speaker 4: We would look at each other's work and we'd said, hey, 132 00:07:18,480 --> 00:07:20,800 Speaker 4: you did a great job with that delage. What is that? 133 00:07:21,320 --> 00:07:24,280 Speaker 4: You know? And I got my PhD in the car 134 00:07:24,400 --> 00:07:28,520 Speaker 4: business as a mechanic here. Wow, and my wife what 135 00:07:28,560 --> 00:07:28,800 Speaker 4: was that? 136 00:07:28,880 --> 00:07:29,560 Speaker 5: How many years? 137 00:07:29,720 --> 00:07:31,280 Speaker 4: I was nineteen eighty. 138 00:07:31,040 --> 00:07:33,360 Speaker 5: Five, So you've been coming for a lot. 139 00:07:33,480 --> 00:07:35,880 Speaker 4: Yes, and for more than twenty years I camped at 140 00:07:35,880 --> 00:07:37,160 Speaker 4: the Monory. 141 00:07:36,760 --> 00:07:40,960 Speaker 5: Camp gram or my wife that is so that's very authentic. 142 00:07:41,120 --> 00:07:42,400 Speaker 4: I'm a complete dirt bag. 143 00:07:42,520 --> 00:07:45,880 Speaker 5: Yeah, but I forward too. 144 00:07:46,320 --> 00:07:48,600 Speaker 4: That's like my other part of my life. But the 145 00:07:48,640 --> 00:07:53,600 Speaker 4: real Jim Farley is an interior guy who frog yeah, 146 00:07:53,640 --> 00:07:55,760 Speaker 4: frog Yeah. It takes a lot of frogs to do it. 147 00:07:55,760 --> 00:08:01,000 Speaker 3: It's a lot of hides. Wow, Jim, tell us about 148 00:08:01,040 --> 00:08:01,520 Speaker 3: your Lincoln. 149 00:08:02,200 --> 00:08:03,680 Speaker 4: I was just going to say that, you know, I 150 00:08:03,960 --> 00:08:07,760 Speaker 4: always wanted to. I'm a kN of reverse commuter. You know, 151 00:08:07,840 --> 00:08:10,760 Speaker 4: I loved Cobras and I loved Porsches, and you know, 152 00:08:10,880 --> 00:08:13,240 Speaker 4: My first car I restored was that when my own 153 00:08:13,280 --> 00:08:16,200 Speaker 4: money was a three point fifty six Porsche in the 154 00:08:16,440 --> 00:08:18,400 Speaker 4: in the late seventies. 155 00:08:17,880 --> 00:08:19,480 Speaker 5: And I was a little known fact. 156 00:08:19,600 --> 00:08:24,080 Speaker 4: Yeah. I rebuilt the car in my apartment in Manhattan Beach, 157 00:08:24,160 --> 00:08:27,280 Speaker 4: and I did an outlaw car before there was such 158 00:08:27,280 --> 00:08:30,200 Speaker 4: a thing. It was all aluminum deck lid. And you know, 159 00:08:30,360 --> 00:08:33,520 Speaker 4: I did a lot to the car myself. And then 160 00:08:33,559 --> 00:08:36,600 Speaker 4: I moved up to Cobras and GT forties. I really 161 00:08:36,600 --> 00:08:39,640 Speaker 4: only liked race cars or cars that on the street 162 00:08:39,679 --> 00:08:42,360 Speaker 4: were intended to be race cars, so to speak. And 163 00:08:42,920 --> 00:08:45,480 Speaker 4: then maybe twenty years ago, I started to get more 164 00:08:45,520 --> 00:08:49,840 Speaker 4: intrigued by older cars, first their pre nineteen hundred cars, 165 00:08:50,320 --> 00:08:53,240 Speaker 4: steam and electric. And you know, in nineteen ten the 166 00:08:53,280 --> 00:08:56,200 Speaker 4: industry was a third a third to third, a third steam, 167 00:08:56,320 --> 00:08:58,200 Speaker 4: a third electric, and a third combustion. 168 00:08:58,720 --> 00:09:01,199 Speaker 5: And is it true that the electrics marketed toward women. 169 00:09:01,320 --> 00:09:01,440 Speaker 1: Oh? 170 00:09:01,520 --> 00:09:04,800 Speaker 5: Yes, because they were clean, quiet, easier to offer. 171 00:09:04,840 --> 00:09:07,480 Speaker 4: To operate, It didn't have to do any starting. It 172 00:09:07,559 --> 00:09:11,040 Speaker 4: was much and actually was better technology all around. Just 173 00:09:11,080 --> 00:09:16,600 Speaker 4: the batteries weren't advanced. I began to look at race 174 00:09:16,679 --> 00:09:19,679 Speaker 4: cars from pre war. I bought a four and a 175 00:09:19,679 --> 00:09:23,160 Speaker 4: half Leter Bentley. It was just normally aspirated Bentley. But 176 00:09:23,600 --> 00:09:25,439 Speaker 4: I really loved those cars. They won them all for 177 00:09:25,640 --> 00:09:29,400 Speaker 4: four years, and you know they were incredible cars, and 178 00:09:29,679 --> 00:09:31,719 Speaker 4: we won them all four times at four to two, 179 00:09:32,400 --> 00:09:36,680 Speaker 4: and you know, they made their brand and kind of GT. 180 00:09:36,800 --> 00:09:39,880 Speaker 4: Forty made our brand in a way. And so I 181 00:09:39,960 --> 00:09:43,400 Speaker 4: was looking for an early car. But I'm very I'm 182 00:09:43,440 --> 00:09:48,040 Speaker 4: a stickler. I like original cars, so like my Bronco, 183 00:09:48,160 --> 00:09:50,880 Speaker 4: my seventy two Bronco I bought off a Montana farmer 184 00:09:50,920 --> 00:09:53,720 Speaker 4: and I looked for twenty years to get a car, 185 00:09:53,880 --> 00:09:55,880 Speaker 4: and I've been looking at I've been after this car 186 00:09:55,960 --> 00:09:59,080 Speaker 4: for way before I came to Ford. It's a twelve 187 00:09:59,120 --> 00:10:04,960 Speaker 4: cylinder le baron vinyl topped Coop, which is very unusual 188 00:10:05,040 --> 00:10:07,120 Speaker 4: for these big cars to be a small coup and 189 00:10:07,160 --> 00:10:10,160 Speaker 4: I love Coop design. I have a LOTSI Eurelia that 190 00:10:10,200 --> 00:10:12,600 Speaker 4: I want bless the class here, best class here, and 191 00:10:12,640 --> 00:10:15,680 Speaker 4: I like Coop design. I don't like open cars other 192 00:10:15,760 --> 00:10:18,320 Speaker 4: than Bentley, because I think it's more of a beautiful 193 00:10:18,360 --> 00:10:22,160 Speaker 4: design and that designer is intent. So I was looking 194 00:10:22,200 --> 00:10:24,360 Speaker 4: for this car for a long time. It took me 195 00:10:24,480 --> 00:10:27,840 Speaker 4: more than twenty years to Finally there's only five that 196 00:10:27,920 --> 00:10:32,480 Speaker 4: wherever built. And it's the first year that Pierce had 197 00:10:32,520 --> 00:10:36,360 Speaker 4: the copyright for the integrating their headlamp into the fender. 198 00:10:36,679 --> 00:10:39,439 Speaker 4: This was at the time, Yes, it was huge, and 199 00:10:39,520 --> 00:10:44,360 Speaker 4: it expired in thirty six. So the Lincoln's in thirty seven, 200 00:10:44,400 --> 00:10:46,800 Speaker 4: I think are more beautiful because they have the integrated 201 00:10:47,120 --> 00:10:49,920 Speaker 4: headlamp into the fender. And it was also at sufford 202 00:10:50,200 --> 00:10:53,960 Speaker 4: to his father, Henry. He was trying to convince his father, 203 00:10:54,040 --> 00:10:57,600 Speaker 4: you know, Dad, I know this model t made the company, 204 00:10:57,720 --> 00:11:00,400 Speaker 4: but we got to get serious about design. This thing 205 00:11:00,520 --> 00:11:04,280 Speaker 4: going called choice bigger engines of four cylinder engines, and 206 00:11:04,360 --> 00:11:07,560 Speaker 4: cars are more than just utility. And so he was 207 00:11:07,600 --> 00:11:11,360 Speaker 4: trying to convince his father. He eventually convinced Henry Leland 208 00:11:11,440 --> 00:11:14,199 Speaker 4: to get rid of Lincoln. It was part of General Motors, 209 00:11:15,440 --> 00:11:17,640 Speaker 4: but for seven or eight years he didn't have any 210 00:11:17,679 --> 00:11:21,480 Speaker 4: resources to creators own Lincoln. So then this Lincoln k 211 00:11:21,840 --> 00:11:25,400 Speaker 4: the twelve cylinder Lincolns. So the first that'sl Ford Lincoln's. 212 00:11:25,840 --> 00:11:28,000 Speaker 4: They were all built as chassis. They were sent to 213 00:11:28,200 --> 00:11:32,040 Speaker 4: bodybuilders like a yacht. You would pick the body and 214 00:11:32,720 --> 00:11:35,560 Speaker 4: there are very few coops. That's why I love this car, 215 00:11:35,840 --> 00:11:38,640 Speaker 4: and it's great to drive. You know, it's a great 216 00:11:39,240 --> 00:11:43,520 Speaker 4: kind of technology statement as an American. I'm really proud 217 00:11:43,559 --> 00:11:45,640 Speaker 4: of that car, and that's why I bought it. 218 00:11:46,080 --> 00:11:48,400 Speaker 3: I'm always looking at these old cars too, Jim, and 219 00:11:48,440 --> 00:11:51,840 Speaker 3: I wonder why. I guess it's just not profitable to 220 00:11:51,880 --> 00:11:55,200 Speaker 3: make something like that these days, like something with a 221 00:11:55,320 --> 00:11:59,320 Speaker 3: rumble seat or suicide doors, or like an open wheel 222 00:11:59,320 --> 00:11:59,840 Speaker 3: like the Bentley. 223 00:12:00,240 --> 00:12:03,000 Speaker 2: Nobody makes anything like that stuff anymore for less than 224 00:12:03,040 --> 00:12:04,560 Speaker 2: you know, a million dollars. 225 00:12:04,520 --> 00:12:05,520 Speaker 4: Because they're not safe. 226 00:12:06,400 --> 00:12:07,000 Speaker 3: Yeah, I guess. 227 00:12:07,160 --> 00:12:09,800 Speaker 4: You know, everyone always asked me, hey, Jim, why don't 228 00:12:09,840 --> 00:12:13,240 Speaker 4: you just make like an old sixty five Mustang? Is 229 00:12:13,240 --> 00:12:16,920 Speaker 4: such an honest design. But you know, we couldn't make 230 00:12:16,920 --> 00:12:18,920 Speaker 4: a car like that. It would never pass crash tests 231 00:12:18,960 --> 00:12:21,520 Speaker 4: and never It's a shame, but that's kind of how 232 00:12:21,559 --> 00:12:24,880 Speaker 4: it is. We kind of can't learn things like fuel 233 00:12:24,880 --> 00:12:29,959 Speaker 4: efficiency or dynamics safety, you know, how a car crashes itself, 234 00:12:30,000 --> 00:12:33,400 Speaker 4: an offset crash. We can't unlearn those things, so it's hard, 235 00:12:33,440 --> 00:12:36,720 Speaker 4: and people didn't know about those things back then. But 236 00:12:36,800 --> 00:12:39,360 Speaker 4: I think there are a lot you know, like humans 237 00:12:39,360 --> 00:12:43,560 Speaker 4: are humans, you know, we don't really change. So when 238 00:12:43,600 --> 00:12:45,720 Speaker 4: I get in my link in and I turn that 239 00:12:45,840 --> 00:12:48,160 Speaker 4: key and it starts in them and goes WHOA, can't 240 00:12:48,200 --> 00:12:50,800 Speaker 4: even hear it start. I think like, well, that's what 241 00:12:50,800 --> 00:12:54,800 Speaker 4: an electric car is. You can pooh poo it. But 242 00:12:54,920 --> 00:12:57,319 Speaker 4: the NVH. You know when we came out to LS 243 00:12:57,320 --> 00:13:00,559 Speaker 4: four hundred when I was a Lexis, you know, if 244 00:13:00,600 --> 00:13:03,880 Speaker 4: there was an EV available, yeah, we would have that 245 00:13:03,960 --> 00:13:06,920 Speaker 4: first Lexus definitely would have been heavy. It's quick, as 246 00:13:06,960 --> 00:13:10,920 Speaker 4: fast as good torque at lower pm or zero rpm, 247 00:13:11,000 --> 00:13:16,360 Speaker 4: and it's quiet, and that's a human condition. People wanted 248 00:13:16,400 --> 00:13:18,400 Speaker 4: that in nineteen thirty seven and they still want it. 249 00:13:18,840 --> 00:13:20,800 Speaker 4: And now you can get into twenty five or thirty 250 00:13:20,840 --> 00:13:24,240 Speaker 4: thousand dollars forward with our new affordable platform. I'm not 251 00:13:24,240 --> 00:13:27,360 Speaker 4: trying to sell Forwards. I'm just saying technology changes, but 252 00:13:27,480 --> 00:13:31,160 Speaker 4: the human the humans to want the same thing. They 253 00:13:31,200 --> 00:13:33,960 Speaker 4: want fun to drive, they want for me as a 254 00:13:34,000 --> 00:13:37,280 Speaker 4: personal car, I want to cause gauging. I want to 255 00:13:37,320 --> 00:13:39,760 Speaker 4: feel everything. I want the steering field to tell me 256 00:13:39,840 --> 00:13:43,800 Speaker 4: everything about what's going on. I'm interested in mastery. A 257 00:13:43,800 --> 00:13:45,719 Speaker 4: lot of people aren't interested in mastery. They just want 258 00:13:45,760 --> 00:13:47,719 Speaker 4: to get from pointy eight to point B and they 259 00:13:47,760 --> 00:13:50,720 Speaker 4: want quiet, and they want good acceleration, not because it 260 00:13:50,760 --> 00:13:53,280 Speaker 4: feels fun like me. They want to get around a 261 00:13:53,320 --> 00:13:58,080 Speaker 4: car really safely. So for them, I think there's not 262 00:13:58,160 --> 00:13:58,840 Speaker 4: much difference. 263 00:13:58,840 --> 00:14:01,239 Speaker 3: Actually both or both. 264 00:14:02,080 --> 00:14:07,079 Speaker 4: Difference between a twelve cylinder Lincoln and a modelesque plaid. 265 00:14:07,120 --> 00:14:08,440 Speaker 4: To me, there's no difference. 266 00:14:08,760 --> 00:14:12,440 Speaker 1: That's a shocking statement, though, because it's a twelve cylinder 267 00:14:12,520 --> 00:14:15,920 Speaker 1: Lincoln that you know, I'm sure, and I know you're 268 00:14:15,960 --> 00:14:18,720 Speaker 1: getting a ton of emotional reactions when you drive that. 269 00:14:18,760 --> 00:14:23,720 Speaker 1: People get so excited because it's tangible and it's experiential. 270 00:14:24,400 --> 00:14:28,280 Speaker 1: And you're saying that's the same as a plaid, Yeah, 271 00:14:28,320 --> 00:14:31,520 Speaker 1: for sure, say more about that. I'm really curious. I mean, 272 00:14:31,520 --> 00:14:33,040 Speaker 1: that's a pretty strong statement. 273 00:14:33,080 --> 00:14:36,320 Speaker 4: In nineteen thirty seven, most people were driving Model Ts. 274 00:14:36,920 --> 00:14:39,200 Speaker 4: You know, you get in that K Lincoln. It was 275 00:14:39,240 --> 00:14:43,360 Speaker 4: a spaceship. It went faster than anyone could ever imagine 276 00:14:43,400 --> 00:14:47,320 Speaker 4: going in a car. It was quiet, it was like 277 00:14:47,840 --> 00:14:50,760 Speaker 4: as quiet as this room right now, and people were 278 00:14:50,840 --> 00:14:54,040 Speaker 4: marveled at something other than the Silver Ghost. It was 279 00:14:54,160 --> 00:14:58,240 Speaker 4: nothing that quiet or a Packard twin six. It was 280 00:14:58,480 --> 00:15:01,840 Speaker 4: effortless performance, had all this torque. So when you pulled 281 00:15:01,840 --> 00:15:04,160 Speaker 4: away from the stop sign, the Model T you would 282 00:15:04,160 --> 00:15:06,640 Speaker 4: be making all this noise and a lot of Dramayah, 283 00:15:06,640 --> 00:15:08,600 Speaker 4: I had a lot of drama and then got pedals 284 00:15:08,600 --> 00:15:11,080 Speaker 4: and everything. It's like, yeah, I had so much torque. 285 00:15:11,080 --> 00:15:12,720 Speaker 4: You can do it in the second gear. You could 286 00:15:12,760 --> 00:15:14,760 Speaker 4: drive up to fifty miles an hour and second gear 287 00:15:15,080 --> 00:15:17,680 Speaker 4: and not even know you made a mistake. It was 288 00:15:17,720 --> 00:15:20,920 Speaker 4: the greatest technology of the day. My car had a 289 00:15:21,040 --> 00:15:25,280 Speaker 4: radio with an antenna hidden underneath the running boards. I 290 00:15:25,320 --> 00:15:29,360 Speaker 4: mean cars didn't even have intendants, let alone hiding them. Yeah, 291 00:15:29,400 --> 00:15:32,480 Speaker 4: it was. It was a spaceship. Just like the first 292 00:15:32,480 --> 00:15:36,120 Speaker 4: time I drove a Plaid, I was like, Holy not 293 00:15:36,240 --> 00:15:38,520 Speaker 4: a car for me personally, But there are a lot 294 00:15:38,560 --> 00:15:41,600 Speaker 4: of people who were marveled at the Plaid when it 295 00:15:41,640 --> 00:15:45,240 Speaker 4: came out, and thirty seven Link it was no different. 296 00:15:45,360 --> 00:15:47,960 Speaker 4: The only difference maybe is that it looks pretty cool. 297 00:15:48,880 --> 00:15:50,640 Speaker 1: Can I ask when you're like, when you're out on 298 00:15:50,640 --> 00:15:53,480 Speaker 1: the field walking around, what are you thinking about the 299 00:15:53,560 --> 00:15:59,320 Speaker 1: status and state of the American automotive industry now? Compared 300 00:15:59,320 --> 00:16:01,760 Speaker 1: to talk about packards, we're talking about Lincoln. 301 00:16:02,400 --> 00:16:04,480 Speaker 5: What's going on in your head when you compare the two. 302 00:16:05,400 --> 00:16:07,920 Speaker 4: I don't really think much. Hey, what will pebble beach 303 00:16:08,000 --> 00:16:10,800 Speaker 4: be like in you know, twenty seventy five or something. 304 00:16:11,640 --> 00:16:16,360 Speaker 4: I think more about not much new has ever been invented. 305 00:16:16,880 --> 00:16:19,480 Speaker 4: It's about nineteen fifteen in our industry. 306 00:16:19,520 --> 00:16:20,480 Speaker 5: What's old is new again? 307 00:16:21,240 --> 00:16:25,760 Speaker 4: No, it's just everyone thinks things are new. They're actually 308 00:16:25,800 --> 00:16:29,800 Speaker 4: not new. When I look around, you know, there's just 309 00:16:29,880 --> 00:16:32,960 Speaker 4: not a lot of new thinking because people really in 310 00:16:32,960 --> 00:16:35,600 Speaker 4: the beginning of our industry, they took a lot more risk. 311 00:16:36,680 --> 00:16:39,080 Speaker 4: You know, look at the genesis of the nine to 312 00:16:39,120 --> 00:16:42,800 Speaker 4: eleven where it came from as humble beginnings until you 313 00:16:42,840 --> 00:16:45,040 Speaker 4: know the nine ninety three and ninety eight. You know, 314 00:16:45,360 --> 00:16:48,640 Speaker 4: it was just an incredible evolution. But it was the 315 00:16:48,720 --> 00:16:52,720 Speaker 4: same concept of a vehicle, and it was so honest 316 00:16:52,840 --> 00:16:56,160 Speaker 4: and it was so unusual. No one other than Portie 317 00:16:56,240 --> 00:17:00,960 Speaker 4: whatever think to put that car that and design it 318 00:17:00,960 --> 00:17:01,360 Speaker 4: that way. 319 00:17:01,520 --> 00:17:01,880 Speaker 3: No one. 320 00:17:02,880 --> 00:17:06,320 Speaker 4: And all our cars, because of arrow and safety, they 321 00:17:06,359 --> 00:17:10,479 Speaker 4: all look the same. They all are so generic, and 322 00:17:10,680 --> 00:17:13,600 Speaker 4: I think, you know, why do we have to be 323 00:17:13,760 --> 00:17:19,760 Speaker 4: stuck in this rut of sameness? Even though many people 324 00:17:19,840 --> 00:17:21,800 Speaker 4: want a car to go from point eighty point B 325 00:17:21,920 --> 00:17:24,800 Speaker 4: and they don't particularly like what it looks like. As 326 00:17:24,800 --> 00:17:28,199 Speaker 4: a creator of cars, our job is to actually change 327 00:17:28,240 --> 00:17:31,520 Speaker 4: their mind and to have them care about something, and 328 00:17:31,520 --> 00:17:36,400 Speaker 4: that we shouldn't feel obligated to copy our competitors. Our 329 00:17:36,440 --> 00:17:40,239 Speaker 4: designers are world class copiers. Someone writes a line on 330 00:17:40,280 --> 00:17:45,440 Speaker 4: a fast roof on the amgcls twenty five years ago, 331 00:17:45,520 --> 00:17:49,000 Speaker 4: and then now Hundnatus have fast roofs, you know, and 332 00:17:49,040 --> 00:17:51,200 Speaker 4: everyone just go, oh, this is a roof. Then that's 333 00:17:51,200 --> 00:17:53,040 Speaker 4: a roof. Then that's a roof. Then that's a roof, 334 00:17:53,359 --> 00:17:57,760 Speaker 4: and like, that's not that's not what I expect. I 335 00:17:57,760 --> 00:18:01,280 Speaker 4: don't like that to the cafeteria of our industry and 336 00:18:01,320 --> 00:18:05,040 Speaker 4: Picky some jello and some hot dogs and a couple 337 00:18:05,119 --> 00:18:08,880 Speaker 4: slices of pizza. Now, I think our job at Ford 338 00:18:10,160 --> 00:18:14,760 Speaker 4: is to think about our customers and to surprise them. 339 00:18:15,320 --> 00:18:17,240 Speaker 4: Like pro Power on board, where you can power your 340 00:18:17,280 --> 00:18:19,919 Speaker 4: house for six days. Who would have ever thought. You know, 341 00:18:19,960 --> 00:18:22,760 Speaker 4: it's an F one fifty best selling vehicle in our industry, 342 00:18:23,680 --> 00:18:25,359 Speaker 4: but it could power your house for six days. You 343 00:18:25,359 --> 00:18:28,639 Speaker 4: don't need a Honta generator, you don't need a Generac generator, 344 00:18:28,680 --> 00:18:31,239 Speaker 4: and all the ads I see on TV, but we 345 00:18:31,280 --> 00:18:33,159 Speaker 4: always had the chance to do that. We could have 346 00:18:33,200 --> 00:18:35,679 Speaker 4: done that with a hybrid twenty years ago, we didn't, 347 00:18:36,119 --> 00:18:39,760 Speaker 4: and that's on us. I walk around the show and 348 00:18:39,800 --> 00:18:44,439 Speaker 4: I say to myself, there are not a lot of 349 00:18:44,440 --> 00:18:48,720 Speaker 4: new ideas, So why aren't we more innovative? Why can't 350 00:18:48,720 --> 00:18:51,320 Speaker 4: we do more of the things I see here? Just 351 00:18:51,440 --> 00:18:55,879 Speaker 4: mix it differently, be and put more pressure on ourselves 352 00:18:56,200 --> 00:18:58,159 Speaker 4: to surprise the customer. That's what I think. 353 00:18:58,040 --> 00:19:01,600 Speaker 2: About what we spoke with Mati Remac and he said, 354 00:19:02,080 --> 00:19:04,840 Speaker 2: in his view, Elon Musk has changed the auto industry 355 00:19:05,160 --> 00:19:08,520 Speaker 2: more than anyone alive. And I bring it up because 356 00:19:08,960 --> 00:19:10,800 Speaker 2: Tim Higgins or a story in the Wall Street Journal 357 00:19:10,800 --> 00:19:13,760 Speaker 2: about Doug Field making this new truck for you and 358 00:19:14,000 --> 00:19:16,639 Speaker 2: kind of implied that he's going to change the way 359 00:19:17,080 --> 00:19:19,880 Speaker 2: you do production. And obviously Henry Ford was the last 360 00:19:19,880 --> 00:19:21,879 Speaker 2: person that really changed production, right. 361 00:19:21,760 --> 00:19:23,000 Speaker 3: Maybe until Elon. 362 00:19:23,080 --> 00:19:24,720 Speaker 2: I don't know that much about what goes on in 363 00:19:24,720 --> 00:19:27,199 Speaker 2: the factory as much as you do. But do you 364 00:19:27,240 --> 00:19:30,760 Speaker 2: think something different could be done, not just in the 365 00:19:30,800 --> 00:19:32,800 Speaker 2: execution of the car for the consumer, but in the 366 00:19:32,840 --> 00:19:35,200 Speaker 2: way you build the car so that it can actually 367 00:19:35,240 --> 00:19:38,320 Speaker 2: be a great vehicle for thirty thousand dollars. 368 00:19:38,960 --> 00:19:42,560 Speaker 4: Yes, No, I really believe our skunk Works team, you know, 369 00:19:42,680 --> 00:19:45,000 Speaker 4: my badge didn't work there for three years. And that 370 00:19:45,800 --> 00:19:50,960 Speaker 4: team from Formula one in Tesla, they had no prejudice, 371 00:19:51,520 --> 00:19:56,520 Speaker 4: and our industries filled with prejudice, prejudice about how something 372 00:19:56,560 --> 00:19:59,920 Speaker 4: should be done. And when you create a software defined view, 373 00:20:00,920 --> 00:20:04,639 Speaker 4: you know, you have freedoms that we've never had, you know, 374 00:20:05,800 --> 00:20:08,480 Speaker 4: four one hundred and twenty years. Well, let's say for 375 00:20:08,520 --> 00:20:11,800 Speaker 4: fifty years, we've been putting the computer in when it's 376 00:20:11,840 --> 00:20:15,680 Speaker 4: convenient for the final assembly, which is probably we make 377 00:20:15,720 --> 00:20:18,720 Speaker 4: a car in six hours. We make them every fifty seconds, 378 00:20:19,119 --> 00:20:21,639 Speaker 4: but it takes us six hours to make an F 379 00:20:21,680 --> 00:20:26,440 Speaker 4: one fifty. That computer goes in with about fifteen minutes left. 380 00:20:27,320 --> 00:20:30,000 Speaker 4: So what but think about it if you can put 381 00:20:30,000 --> 00:20:34,080 Speaker 4: that computer in after pain, after the first forty five minutes, 382 00:20:34,359 --> 00:20:37,560 Speaker 4: and it could self diagnose itself whether every one of 383 00:20:37,600 --> 00:20:41,080 Speaker 4: those connections are correct or not, because it knows how 384 00:20:41,080 --> 00:20:44,280 Speaker 4: it should be built and it can detect whether it's 385 00:20:44,640 --> 00:20:47,400 Speaker 4: the connections are right. You don't need any vision systems, 386 00:20:47,400 --> 00:20:50,120 Speaker 4: you don't need any training for your operators, you don't 387 00:20:50,119 --> 00:20:52,359 Speaker 4: need any of that because the line stops if the 388 00:20:52,359 --> 00:20:55,200 Speaker 4: connection is not made for anything. So we just wasted 389 00:20:55,280 --> 00:20:59,119 Speaker 4: four and a half hours of quality risk. And one 390 00:20:59,160 --> 00:21:02,359 Speaker 4: of the biggest issues you have in quality today is 391 00:21:02,440 --> 00:21:08,280 Speaker 4: connectors being seated but not fully seated. You know that 392 00:21:08,280 --> 00:21:11,800 Speaker 4: that is a really big innovation in our industry. Will 393 00:21:11,840 --> 00:21:16,640 Speaker 4: anyone care? The customers will care? Will the business journalists care? 394 00:21:16,760 --> 00:21:19,680 Speaker 4: They don't even know how cars are made. But if 395 00:21:19,720 --> 00:21:22,360 Speaker 4: you knew how a car was made, you would say, 396 00:21:22,400 --> 00:21:25,879 Speaker 4: my god, Like putting the computer in the first forty 397 00:21:25,880 --> 00:21:29,440 Speaker 4: five minutes is a game changer for our industry in quality. 398 00:21:30,040 --> 00:21:33,760 Speaker 4: Another one would be, you know the math we do 399 00:21:33,920 --> 00:21:37,280 Speaker 4: about weight. The batteries are so expensive it changes the 400 00:21:37,320 --> 00:21:40,320 Speaker 4: math in a car. You take an Ice engine engineer 401 00:21:41,119 --> 00:21:43,760 Speaker 4: and we give them an F one fifty or a 402 00:21:43,800 --> 00:21:48,520 Speaker 4: moke electric car, say go, source, go design the wiring loom. 403 00:21:49,000 --> 00:21:50,399 Speaker 4: So they go do what they've been doing for one 404 00:21:50,440 --> 00:21:53,560 Speaker 4: hundred and twenty years or maybe thirty years now. And 405 00:21:53,600 --> 00:21:57,800 Speaker 4: our wiring loom is one point six kilometers longer than 406 00:21:57,840 --> 00:22:02,520 Speaker 4: the Model threes, also seventy pounds heavier, and that's two 407 00:22:02,640 --> 00:22:05,919 Speaker 4: hundred dollars a battery. That's bad. Like we have a 408 00:22:06,040 --> 00:22:09,880 Speaker 4: prejudice that in ice world there's no penalty. Well, the 409 00:22:09,960 --> 00:22:14,080 Speaker 4: weight penaly math changes when you go to a battery 410 00:22:14,359 --> 00:22:17,359 Speaker 4: because the weight is so the battery is so expensive 411 00:22:17,800 --> 00:22:21,840 Speaker 4: that it's better to spend seventy dollars extra on wiring 412 00:22:21,880 --> 00:22:25,520 Speaker 4: harness to save seventy pounds so you save two hundred 413 00:22:25,560 --> 00:22:28,760 Speaker 4: on the battery. Well, no ice engineers think that way. 414 00:22:29,520 --> 00:22:31,760 Speaker 1: Is that how you get to profitability on some of 415 00:22:31,760 --> 00:22:33,760 Speaker 1: these a lot cheaper. 416 00:22:33,480 --> 00:22:35,760 Speaker 5: EV that you're talking about that you're planning. 417 00:22:35,520 --> 00:22:37,959 Speaker 4: Yes, that's no path. When we did the Machi, there 418 00:22:38,000 --> 00:22:41,879 Speaker 4: was no one like the Apollo thirteen, there's no electrical 419 00:22:41,920 --> 00:22:47,399 Speaker 4: engineers measuring the WAT you know, WAT drainage from our 420 00:22:47,520 --> 00:22:51,760 Speaker 4: EV system. Turns out we were thirty percent. We could 421 00:22:51,800 --> 00:22:54,800 Speaker 4: have gotten thirty percent more efficient on our gearboxes and 422 00:22:54,960 --> 00:22:59,680 Speaker 4: inverters and motors than BYD and that allows our battery 423 00:22:59,680 --> 00:23:02,640 Speaker 4: to thirty percent smaller. And that means that even though 424 00:23:02,640 --> 00:23:05,480 Speaker 4: they may have a big advantage on you know, labor 425 00:23:05,520 --> 00:23:08,840 Speaker 4: costs in China, we can actually make it cheaper better 426 00:23:08,920 --> 00:23:11,560 Speaker 4: than bid because we can out innovate them and the 427 00:23:11,560 --> 00:23:15,200 Speaker 4: efficiency side of an EV power train. That's what I'm saying. 428 00:23:15,400 --> 00:23:19,439 Speaker 4: We have these prejudices about a wiring harness and what 429 00:23:19,440 --> 00:23:22,720 Speaker 4: should a wiring harness way and how how should it 430 00:23:22,760 --> 00:23:25,240 Speaker 4: be engineered that we need to get rid of. And 431 00:23:25,320 --> 00:23:29,800 Speaker 4: I agree that we're in kind of a nineteen ten 432 00:23:29,880 --> 00:23:33,399 Speaker 4: to nineteen twenties era again. But evs are only for 433 00:23:33,600 --> 00:23:38,800 Speaker 4: certain customers and duty cycles for a lot of other customers. 434 00:23:39,440 --> 00:23:42,960 Speaker 4: You know, the things that we love like manual transmissions, 435 00:23:43,000 --> 00:23:47,840 Speaker 4: and you know the people that want to master the 436 00:23:48,000 --> 00:23:53,480 Speaker 4: joy of controlling mechanical thing called a car. You know, 437 00:23:53,520 --> 00:23:54,360 Speaker 4: we don't want to get rid. 438 00:23:54,320 --> 00:23:56,960 Speaker 1: Of those things. 439 00:24:00,040 --> 00:24:02,200 Speaker 5: Does this mean we can talk about the GTD now, 440 00:24:02,480 --> 00:24:02,800 Speaker 5: for sure? 441 00:24:02,800 --> 00:24:04,919 Speaker 2: I mean I have a million other questions about trucks. 442 00:24:04,920 --> 00:24:06,919 Speaker 2: But I love that video that Chris Harris did with 443 00:24:07,000 --> 00:24:10,719 Speaker 2: Max Happen. They started out with the RS two hundred. 444 00:24:11,080 --> 00:24:13,800 Speaker 2: You say you like race cars personally, Jim, and that 445 00:24:13,800 --> 00:24:16,520 Speaker 2: that is a race car that on the street right. 446 00:24:16,840 --> 00:24:18,399 Speaker 5: Weekend you won your class? 447 00:24:18,440 --> 00:24:20,920 Speaker 4: I did. Yeah, when the CEO of Ford wins a class, 448 00:24:20,960 --> 00:24:22,879 Speaker 4: though they all think I was cheating on my motor. 449 00:24:22,960 --> 00:24:27,080 Speaker 4: So it's kind of like, and I can't really cut 450 00:24:27,119 --> 00:24:28,960 Speaker 4: anyone off because I don't want to be that guy 451 00:24:29,480 --> 00:24:30,959 Speaker 4: because then they'll be talking about that. 452 00:24:31,160 --> 00:24:34,119 Speaker 2: So racing, how much time do you get to spend 453 00:24:34,760 --> 00:24:36,919 Speaker 2: on the track practicing or in the simulator? 454 00:24:37,119 --> 00:24:39,080 Speaker 3: Do you spend a lot of time getting ready. 455 00:24:39,440 --> 00:24:42,600 Speaker 4: Sleeping, and racing my only two private things I do. 456 00:24:43,119 --> 00:24:45,720 Speaker 4: I don't have any other private time, so it's my 457 00:24:45,880 --> 00:24:47,880 Speaker 4: When I put that visor down, it's my only time 458 00:24:47,920 --> 00:24:51,560 Speaker 4: with myself and I can think about stuff. I do 459 00:24:51,600 --> 00:24:53,439 Speaker 4: as much as I can, ten times a year, about 460 00:24:53,640 --> 00:24:56,240 Speaker 4: as much as I can. I like racing modern cars. 461 00:24:56,240 --> 00:24:59,680 Speaker 4: At GT four, I Mustang race the lam all Whether 462 00:25:00,040 --> 00:25:03,840 Speaker 4: Challenge car. So you guys are there. That was fun. 463 00:25:04,200 --> 00:25:07,480 Speaker 4: I tend to be a contrarian. I feel like the 464 00:25:07,520 --> 00:25:12,080 Speaker 4: supercar market is completely overserved, that there's so many choices 465 00:25:12,119 --> 00:25:14,399 Speaker 4: that really don't matter, that no one will care that 466 00:25:14,840 --> 00:25:17,560 Speaker 4: people are just buying these cars to invest, as if 467 00:25:17,600 --> 00:25:21,720 Speaker 4: it's a stock or something. As an old school car person, 468 00:25:22,359 --> 00:25:25,719 Speaker 4: you know who's an enthusiast, I'm more excited about what 469 00:25:25,760 --> 00:25:28,120 Speaker 4: we're working on off road than I am on road. 470 00:25:28,720 --> 00:25:33,359 Speaker 4: And I'm really proud of the GTD because it's a Mustang. 471 00:25:33,840 --> 00:25:38,000 Speaker 4: We didn't try to turn it into something else. And 472 00:25:38,200 --> 00:25:41,800 Speaker 4: I always I always admired the GT three r Ass 473 00:25:41,800 --> 00:25:44,880 Speaker 4: and GT two r Ass, but they're almost too extreme 474 00:25:45,080 --> 00:25:47,360 Speaker 4: for the road. If you really wanted to use them, 475 00:25:47,760 --> 00:25:50,560 Speaker 4: you need to go to a track really, and I 476 00:25:50,600 --> 00:25:53,200 Speaker 4: thought that, wow, what if we could do a Mustang. 477 00:25:53,280 --> 00:25:56,720 Speaker 4: It was still kind of based on the thirty thousand 478 00:25:56,760 --> 00:26:00,840 Speaker 4: dollars manual Mustang that we sell to people like me 479 00:26:01,000 --> 00:26:04,280 Speaker 4: when I was a kid, and do something that, you know, 480 00:26:04,440 --> 00:26:07,399 Speaker 4: be a top ten car at the Nuremberg Ring, but 481 00:26:07,480 --> 00:26:10,440 Speaker 4: do it as an American company. What I mean by 482 00:26:10,440 --> 00:26:13,800 Speaker 4: that has not change the concept of Mustang. It still 483 00:26:13,880 --> 00:26:18,080 Speaker 4: is a V eight supercharged. Yes we have a transactional, 484 00:26:18,160 --> 00:26:20,920 Speaker 4: Yes we have push rod, rear suspension and all that stuff. 485 00:26:21,280 --> 00:26:25,480 Speaker 4: But it's unapologetically a Mustang. It's not trying to be 486 00:26:25,600 --> 00:26:29,240 Speaker 4: anything else. It's just trying to be the best version 487 00:26:29,240 --> 00:26:32,640 Speaker 4: of a Mustang. I think we're starting to get there. 488 00:26:32,640 --> 00:26:36,359 Speaker 4: We're starting to find our own voice as a brand 489 00:26:36,080 --> 00:26:38,959 Speaker 4: with our direction for Mustang. 490 00:26:39,040 --> 00:26:41,160 Speaker 1: Can I ask about the pricing of the GTV show? 491 00:26:41,280 --> 00:26:45,560 Speaker 1: Obviously it's an expensive vehicle. Sure, are you getting pushed 492 00:26:45,560 --> 00:26:48,320 Speaker 1: back from customers who are saying this is more than 493 00:26:48,320 --> 00:26:50,280 Speaker 1: I want to spend on a Mustang? You know? 494 00:26:50,720 --> 00:26:51,000 Speaker 2: No? 495 00:26:51,440 --> 00:26:52,160 Speaker 5: Okay, No, I. 496 00:26:52,080 --> 00:26:54,520 Speaker 4: Think what we think about more than even the price 497 00:26:54,600 --> 00:26:57,280 Speaker 4: is how do we make just the right level so 498 00:26:57,320 --> 00:27:00,639 Speaker 4: that if someone invests in this, they they feel like 499 00:27:00,840 --> 00:27:04,480 Speaker 4: they're you know, not to loose value. I think we've 500 00:27:04,560 --> 00:27:06,800 Speaker 4: learned enough about doing it well. So first of all, 501 00:27:06,800 --> 00:27:08,680 Speaker 4: I were to Tya. For many years, Toyota could not 502 00:27:08,920 --> 00:27:12,080 Speaker 4: sell you know, a Corolla at three hundred and forty 503 00:27:12,160 --> 00:27:15,280 Speaker 4: thousand dollars for it's a weird brand. Like we have 504 00:27:15,359 --> 00:27:18,840 Speaker 4: no problem selling five thousand raptor Ours at one hundred 505 00:27:18,840 --> 00:27:21,479 Speaker 4: and twenty thousand dollars. We have no problems selling our 506 00:27:21,560 --> 00:27:24,760 Speaker 4: GTD at that price. We also have no problems selling 507 00:27:24,840 --> 00:27:29,480 Speaker 4: at thirty thousand dollars affordable you know electric viea Wi. Yeah, 508 00:27:29,480 --> 00:27:31,480 Speaker 4: it's a weird brand that way. Everyone's like yeah, because 509 00:27:31,480 --> 00:27:34,840 Speaker 4: we have motorsports history that gives us permission to do 510 00:27:34,920 --> 00:27:38,399 Speaker 4: things that other brands don't. Don't have that commitment to 511 00:27:38,520 --> 00:27:45,720 Speaker 4: enthusiast products for fifty years, sixty years, and so to me, no, 512 00:27:45,760 --> 00:27:47,880 Speaker 4: we don't get pushed back. I think what we get 513 00:27:47,880 --> 00:27:50,360 Speaker 4: pushback is why you're only building three hundred a year 514 00:27:51,080 --> 00:27:54,080 Speaker 4: and we're building three hundred year because we want there 515 00:27:54,119 --> 00:27:56,359 Speaker 4: always to be a next one and they're not going 516 00:27:56,400 --> 00:27:58,119 Speaker 4: to be a next one if you build one thousand 517 00:27:58,160 --> 00:28:01,480 Speaker 4: a year because there's not big enough and we want 518 00:28:01,480 --> 00:28:04,440 Speaker 4: the people who invest and we also don't want posers, 519 00:28:04,880 --> 00:28:07,959 Speaker 4: So we have an application process. If your a person 520 00:28:08,400 --> 00:28:10,520 Speaker 4: who wants a GTE and you're going to keep it 521 00:28:10,560 --> 00:28:12,200 Speaker 4: in your car collection, we are not going to sell 522 00:28:12,240 --> 00:28:12,480 Speaker 4: you one. 523 00:28:12,520 --> 00:28:15,080 Speaker 5: Now you've done this before, yes, and it must have 524 00:28:15,119 --> 00:28:16,800 Speaker 5: been successful. 525 00:28:16,440 --> 00:28:19,480 Speaker 4: Yes, because we kind of Yes. We interview people and 526 00:28:19,520 --> 00:28:21,720 Speaker 4: we're like, are you going to bring into local car shows? 527 00:28:21,760 --> 00:28:21,879 Speaker 2: Now? 528 00:28:22,080 --> 00:28:23,680 Speaker 4: Are you going to flip it after two years? I 529 00:28:23,720 --> 00:28:26,159 Speaker 4: don't want flippers, you know, that's not I don't want 530 00:28:26,240 --> 00:28:30,680 Speaker 4: investors stock investors buying our cars, So and we limit 531 00:28:30,720 --> 00:28:33,480 Speaker 4: the number. We kind of know enough after one hundred 532 00:28:33,480 --> 00:28:36,320 Speaker 4: and twenty years. You know, let's not screw the people 533 00:28:36,440 --> 00:28:40,400 Speaker 4: that bought these expensive cars, not to make it an investment, 534 00:28:40,760 --> 00:28:42,760 Speaker 4: but just because it gives us the right to do 535 00:28:42,800 --> 00:28:45,720 Speaker 4: another one. If we do this one right and everyone goes, 536 00:28:45,760 --> 00:28:47,200 Speaker 4: you know what, I did lose money on that, and 537 00:28:47,200 --> 00:28:50,080 Speaker 4: I love driving the car, and you know, then maybe 538 00:28:50,120 --> 00:28:52,719 Speaker 4: I'll buy a second one and we can keep doing it, 539 00:28:53,800 --> 00:28:56,840 Speaker 4: and I think that adds value. But when I'm more interested, 540 00:28:57,000 --> 00:29:00,000 Speaker 4: there is no Porsche of off road, and I'm shocked 541 00:29:00,000 --> 00:29:03,600 Speaker 4: house people don't think about that, and I'm very interested 542 00:29:03,640 --> 00:29:08,160 Speaker 4: in that. The on road performance hierarchy is very simple 543 00:29:08,240 --> 00:29:11,200 Speaker 4: to see and the very top is over served in 544 00:29:11,280 --> 00:29:14,960 Speaker 4: my opinion, But no one's ever done off roads supercar. 545 00:29:16,720 --> 00:29:20,680 Speaker 3: Different like a Mustang Raptor or a Bronco r or. 546 00:29:22,160 --> 00:29:26,560 Speaker 4: Head for Peoplemborghini his head and let's see how long 547 00:29:26,600 --> 00:29:28,800 Speaker 4: it would last on the bout half five hundred of course, 548 00:29:29,200 --> 00:29:33,440 Speaker 4: let's see how much like a challenge within the first gurden. No, 549 00:29:33,560 --> 00:29:39,200 Speaker 4: I'm talking about like like a de car type of concept. No, no, No, 550 00:29:40,480 --> 00:29:45,680 Speaker 4: like a supercar, a thousand horsepower, partially electric, totally digitally enabled. 551 00:29:45,720 --> 00:29:48,600 Speaker 4: You bring your phone, you get the maxro stop in settings, 552 00:29:48,680 --> 00:29:52,200 Speaker 4: or you have everything is ajustable, suspension travel, the damping, 553 00:29:52,760 --> 00:29:56,720 Speaker 4: the right height, and it's fully capable of doing a 554 00:29:56,800 --> 00:29:59,760 Speaker 4: full on race. It's not a pickup truck. I think 555 00:29:59,840 --> 00:30:03,640 Speaker 4: that that is the right way for Ford to innovate 556 00:30:03,720 --> 00:30:07,960 Speaker 4: the supercar business. People really love the Raptor because it's 557 00:30:08,000 --> 00:30:11,520 Speaker 4: so compliant of the suspension, and they do like how 558 00:30:11,600 --> 00:30:14,760 Speaker 4: big it looks and it's intimidating. What they really shocked 559 00:30:14,880 --> 00:30:17,200 Speaker 4: is when they drive on a long distance travel, they 560 00:30:17,240 --> 00:30:20,280 Speaker 4: are shocked at how comfortable it is. It's like the 561 00:30:20,400 --> 00:30:23,600 Speaker 4: most comfortable Lincoln they've ever driven. Because to go fast 562 00:30:23,680 --> 00:30:26,680 Speaker 4: off road you have to have really soft suspension. A 563 00:30:26,760 --> 00:30:29,200 Speaker 4: Trophy truck is one of the most comfortable race cars 564 00:30:29,240 --> 00:30:32,920 Speaker 4: you'll ever be in. But no one's ever built a 565 00:30:33,080 --> 00:30:40,000 Speaker 4: supercar for gravel, high speed sand, not rock crawling. I'm 566 00:30:40,040 --> 00:30:43,800 Speaker 4: not talking about that, no, no, but some parts of 567 00:30:43,800 --> 00:30:46,360 Speaker 4: the King of the Hammers, Yes, okay, And I think 568 00:30:46,520 --> 00:30:50,080 Speaker 4: that would be a great direction for our company. We 569 00:30:50,160 --> 00:30:54,160 Speaker 4: can always do another fancy supercar. But I think I'm 570 00:30:54,280 --> 00:30:56,800 Speaker 4: challenging my team to think a little differently, like. 571 00:30:56,880 --> 00:30:58,160 Speaker 3: A Group B kind of thing. 572 00:30:59,400 --> 00:31:02,680 Speaker 4: Group B maybe for four people or two. I don't 573 00:31:02,720 --> 00:31:06,680 Speaker 4: know yet. This is my idea. I'm talking to the 574 00:31:06,720 --> 00:31:09,680 Speaker 4: team about it. Yeah, I am the CEO, and I 575 00:31:10,160 --> 00:31:14,080 Speaker 4: tend to know about the changing market. But I bet 576 00:31:14,120 --> 00:31:17,800 Speaker 4: you in total revenue for enthusiast products for outsales Porsche 577 00:31:17,920 --> 00:31:19,760 Speaker 4: right now, if you look at our Raptors and our 578 00:31:19,800 --> 00:31:22,640 Speaker 4: Broncos and our Tremors, I bet you our revenue is 579 00:31:22,720 --> 00:31:25,800 Speaker 4: very close and maybe our margin is too. But no 580 00:31:25,880 --> 00:31:28,640 Speaker 4: one really respected the off road and the offerred racing 581 00:31:28,720 --> 00:31:32,440 Speaker 4: world is in WRC is so narrow and so kind 582 00:31:32,440 --> 00:31:36,720 Speaker 4: of underserved. From a media standpoint, people don't really understand 583 00:31:36,800 --> 00:31:39,640 Speaker 4: the tech that goes into these vehicles, and yet everyone 584 00:31:39,720 --> 00:31:42,600 Speaker 4: wants one, and yet the Europeans have no Yeah, the 585 00:31:42,760 --> 00:31:45,720 Speaker 4: Porsche has a long tradition from the nine point fifty 586 00:31:45,800 --> 00:31:48,800 Speaker 4: nine on, but none of the other companies really do 587 00:31:49,440 --> 00:31:53,560 Speaker 4: in performance off road. No one's ever built a vehicle dedicated. 588 00:31:54,280 --> 00:31:55,600 Speaker 4: That's why I want to win the car. 589 00:31:56,120 --> 00:31:59,320 Speaker 3: Would it only be for three hundred examples, Jim? Or 590 00:31:59,320 --> 00:31:59,640 Speaker 3: would you? 591 00:32:00,080 --> 00:32:02,080 Speaker 2: Is that what you're saying, Like the next three hundred 592 00:32:02,120 --> 00:32:05,080 Speaker 2: example car that Ford bills could be an off road supercar. 593 00:32:06,680 --> 00:32:08,560 Speaker 4: I'm thinking about it, That's all I'm saying, and I'm 594 00:32:08,600 --> 00:32:11,400 Speaker 4: thinking really deeply about it, and usually that turns into something. 595 00:32:12,200 --> 00:32:15,080 Speaker 4: That's all I could say. To be honest. A lot 596 00:32:15,120 --> 00:32:17,880 Speaker 4: of my friends are in that ecosystem of the supercars, 597 00:32:17,960 --> 00:32:21,960 Speaker 4: and I'm nauseated by the sameness of it all and 598 00:32:23,320 --> 00:32:27,000 Speaker 4: super small differentiation between this car and that car. And 599 00:32:27,080 --> 00:32:31,200 Speaker 4: I think it's high time that American company be a 600 00:32:31,280 --> 00:32:35,360 Speaker 4: little irreverent and do something that go left to one another, 601 00:32:35,440 --> 00:32:37,960 Speaker 4: go right, not to just go left because there's a market. 602 00:32:38,480 --> 00:32:42,360 Speaker 4: These these raptor people are telling us something. They are 603 00:32:42,440 --> 00:32:44,800 Speaker 4: not stupid, They are really smart people. They spend one 604 00:32:44,840 --> 00:32:47,400 Speaker 4: hundred and twenty thousand dollars on an eight hundred horse 605 00:32:47,480 --> 00:32:51,160 Speaker 4: power pickup truck, and they're saying to us, I've never 606 00:32:51,600 --> 00:32:55,880 Speaker 4: raced off road, but I love driving this vehicle and 607 00:32:56,600 --> 00:33:02,640 Speaker 4: I don't care if it's dirt or sand or tarmac. 608 00:33:03,160 --> 00:33:06,160 Speaker 4: I love it equally. You can't say that about an 609 00:33:06,200 --> 00:33:10,280 Speaker 4: on road supercar, and today I'm just saying that for me. 610 00:33:11,080 --> 00:33:14,400 Speaker 4: You know, GTD is fantastic because it's who we are. 611 00:33:14,920 --> 00:33:17,880 Speaker 4: And if you take that idea even further, the reason 612 00:33:17,960 --> 00:33:19,440 Speaker 4: why we race at Pike's Peak. 613 00:33:20,600 --> 00:33:22,240 Speaker 3: Yes, love it. 614 00:33:23,280 --> 00:33:25,160 Speaker 2: I didn't want to ask about the super van four 615 00:33:25,200 --> 00:33:27,120 Speaker 2: point two since you mentioned Pike Peak, but I'll let 616 00:33:27,160 --> 00:33:27,360 Speaker 2: it go. 617 00:33:27,960 --> 00:33:29,560 Speaker 3: And romand Deo Moss was here. 618 00:33:29,680 --> 00:33:33,560 Speaker 4: He's like my personal hero. And I introduced some of 619 00:33:33,640 --> 00:33:36,400 Speaker 4: my closest friend, Wayne Rainey last night and we were 620 00:33:36,480 --> 00:33:39,240 Speaker 4: talking about bikes the whole time. And yeah, I love 621 00:33:39,320 --> 00:33:42,960 Speaker 4: Pike's Peak. It's a unique American race. The Europeans have 622 00:33:43,040 --> 00:33:46,400 Speaker 4: always come here and enjoyed the race as much as Americans. 623 00:33:46,480 --> 00:33:51,360 Speaker 4: But you know, it's very important spiritually for Ford because 624 00:33:51,400 --> 00:33:53,720 Speaker 4: it combines our on road and off road, and we 625 00:33:53,880 --> 00:33:56,480 Speaker 4: tried to do with electric but do it our own 626 00:33:56,520 --> 00:33:59,800 Speaker 4: way with a pickup and a van, unlike Volkswagen's a 627 00:34:00,040 --> 00:34:02,360 Speaker 4: temp which was kind of a global attempt, which is 628 00:34:02,400 --> 00:34:05,800 Speaker 4: an American company. But I think there's more there. And 629 00:34:06,200 --> 00:34:08,920 Speaker 4: if there's one thing, if you ask me, Jim, you 630 00:34:09,000 --> 00:34:12,440 Speaker 4: know you're a car person running this company, what is 631 00:34:12,480 --> 00:34:15,600 Speaker 4: the most exciting racing that you're looking forward to? I 632 00:34:15,680 --> 00:34:18,200 Speaker 4: would say I want to win the car way more 633 00:34:18,239 --> 00:34:19,000 Speaker 4: than Formula one. 634 00:34:19,480 --> 00:34:19,719 Speaker 3: Wow. 635 00:34:20,360 --> 00:34:24,440 Speaker 4: Car is the most exciting thing happening. And you know, 636 00:34:24,560 --> 00:34:27,160 Speaker 4: right now Americans don't care much about it, you know, 637 00:34:28,120 --> 00:34:31,200 Speaker 4: but they should. You have no orientation. 638 00:34:31,360 --> 00:34:31,840 Speaker 3: You have to. 639 00:34:32,520 --> 00:34:34,520 Speaker 4: You have to. You have no idea what's over the 640 00:34:34,680 --> 00:34:37,880 Speaker 4: next dune. As a driver, you have you have to. 641 00:34:38,200 --> 00:34:40,759 Speaker 4: You have to have the skill of orienteering. You have 642 00:34:40,840 --> 00:34:43,120 Speaker 4: to know where you go. It's a two week race. 643 00:34:43,360 --> 00:34:46,239 Speaker 4: It's exhausting. If you break something, you got to fix 644 00:34:46,280 --> 00:34:52,200 Speaker 4: it yourself. It's an amazing there's no no race like it. 645 00:34:53,040 --> 00:34:56,040 Speaker 4: And you ask any drivers done to car and all 646 00:34:56,120 --> 00:34:58,719 Speaker 4: the great ones want to they will all say the 647 00:34:58,800 --> 00:35:01,680 Speaker 4: same thing. There's the hard thing I've ever done. And 648 00:35:01,760 --> 00:35:03,640 Speaker 4: I want Ford to win that race. And I want 649 00:35:03,800 --> 00:35:06,120 Speaker 4: not only that, I want us to build a vehicle 650 00:35:06,760 --> 00:35:10,560 Speaker 4: so that all people could experience what it's like to 651 00:35:10,680 --> 00:35:13,040 Speaker 4: have the joy of driving no matter what is in 652 00:35:13,120 --> 00:35:15,480 Speaker 4: front of you, and right now that's not the case. 653 00:35:16,120 --> 00:35:17,480 Speaker 3: I love it. I love it. 654 00:35:18,000 --> 00:35:20,520 Speaker 5: That reminds me of the glory days of peaking to Paris. 655 00:35:20,600 --> 00:35:24,279 Speaker 5: Some of these old rallied from, you know, seventy years ago. 656 00:35:25,000 --> 00:35:26,640 Speaker 5: That's the secret of adventure. 657 00:35:26,920 --> 00:35:29,400 Speaker 4: Yes, yes, and who knows what's around the next corner 658 00:35:29,840 --> 00:35:32,560 Speaker 4: and what what? What are you going to find? Yeah? 659 00:35:32,640 --> 00:35:35,920 Speaker 4: That's that's that to me is part of being an 660 00:35:35,920 --> 00:35:38,920 Speaker 4: American company. That's why people love the Mustang because it's freedom. 661 00:35:39,520 --> 00:35:42,640 Speaker 4: It's a road trip unscheduled, it's going to meet someone 662 00:35:42,760 --> 00:35:43,359 Speaker 4: you never knew. 663 00:35:44,120 --> 00:35:44,279 Speaker 1: You know. 664 00:35:44,600 --> 00:35:48,040 Speaker 4: Well, that off road thing is similar, and again it's 665 00:35:48,040 --> 00:35:50,760 Speaker 4: an underserved market. No one's ever given it the respect 666 00:35:50,840 --> 00:35:54,280 Speaker 4: it deserves. I believe, just a narrow like ice racing 667 00:35:54,400 --> 00:35:58,120 Speaker 4: or WRC or Baja, but no one's really democratized it. 668 00:35:58,680 --> 00:36:02,400 Speaker 4: The performance part of it. I think that's what's exciting 669 00:36:02,520 --> 00:36:05,520 Speaker 4: to me at Ford. It brings our pro business and 670 00:36:05,600 --> 00:36:09,839 Speaker 4: our enthusiast brand, but we but something we haven't done. 671 00:36:10,560 --> 00:36:13,720 Speaker 4: I think that's why everyone loved the Oligue Bronco because 672 00:36:13,760 --> 00:36:17,440 Speaker 4: it was something that people didn't expect before. It a 673 00:36:17,520 --> 00:36:20,560 Speaker 4: big wing on a Bronco. Well there's a modern version 674 00:36:20,600 --> 00:36:23,120 Speaker 4: of that too, but it won't look like an Oli Bronco. 675 00:36:23,719 --> 00:36:27,160 Speaker 3: Love it. I can't wait for the future. Thank you. 676 00:36:28,920 --> 00:36:31,279 Speaker 3: Just unbelievable passion, right, I mean. 677 00:36:31,320 --> 00:36:34,120 Speaker 1: Just I know he is someone who you can just 678 00:36:34,200 --> 00:36:38,640 Speaker 1: really talk to. I admit sometimes I think I wish 679 00:36:39,000 --> 00:36:41,080 Speaker 1: can he just if he says something funny, I'll feel 680 00:36:41,120 --> 00:36:43,280 Speaker 1: like it's Chris Farley, because you know their cousins. 681 00:36:43,360 --> 00:36:45,640 Speaker 3: Yes, yes, and they have the same gestures. 682 00:36:45,960 --> 00:36:47,640 Speaker 5: They're very similar. 683 00:36:47,760 --> 00:36:49,560 Speaker 1: So I'm sitting on the couch and of course I'd 684 00:36:49,600 --> 00:36:52,719 Speaker 1: get you excited because he's talking about off roading and 685 00:36:52,800 --> 00:36:55,560 Speaker 1: all this and going after Portia and all these great things. 686 00:36:55,719 --> 00:36:58,200 Speaker 1: And then I'm like, this is Chris Farley's cousin, which 687 00:36:58,280 --> 00:36:59,680 Speaker 1: is also fun. 688 00:37:00,120 --> 00:37:02,399 Speaker 2: To Honestly, have loved to see them together, and I've 689 00:37:02,440 --> 00:37:05,440 Speaker 2: heard I've listened to Jim talk about his relationship with 690 00:37:05,560 --> 00:37:08,440 Speaker 2: Chris and the amount of time they spent together, and 691 00:37:08,560 --> 00:37:12,600 Speaker 2: I love to think about that because Jim is pretty serious. 692 00:37:12,719 --> 00:37:13,960 Speaker 3: He's pretty laser. 693 00:37:13,719 --> 00:37:17,680 Speaker 2: Focused on automotive right, and he wants to run the 694 00:37:17,760 --> 00:37:22,239 Speaker 2: business and be editive, he's very he's incredible, that's right. 695 00:37:22,120 --> 00:37:23,160 Speaker 3: He's incredibly. 696 00:37:24,239 --> 00:37:26,799 Speaker 1: Harryus kind of implies maybe he doesn't have a sense 697 00:37:26,840 --> 00:37:30,120 Speaker 1: of humor or he doesn't have fun. My feeling about 698 00:37:30,200 --> 00:37:33,279 Speaker 1: Jim Farley is he wants to have all the fun. 699 00:37:33,640 --> 00:37:36,680 Speaker 1: And you know what's really fun winning, Yes, that's what's 700 00:37:36,760 --> 00:37:38,160 Speaker 1: really fun, for sure. 701 00:37:38,280 --> 00:37:40,200 Speaker 2: But I love to hear stories about him hanging out 702 00:37:40,200 --> 00:37:42,319 Speaker 2: with Chris, who must have been in a different way 703 00:37:42,400 --> 00:37:44,600 Speaker 2: also competitive, right, because he wanted to make you laugh. 704 00:37:44,680 --> 00:37:47,239 Speaker 2: That was his number one goal, right, And I love 705 00:37:47,320 --> 00:37:49,920 Speaker 2: to hear the Farley family stories. And I listened to 706 00:37:50,040 --> 00:37:53,800 Speaker 2: Jim's podcast. It's really great and it kind of opens 707 00:37:53,840 --> 00:37:55,840 Speaker 2: the door into those personal moments. 708 00:37:55,880 --> 00:37:57,200 Speaker 3: And that's really the best part. 709 00:37:57,040 --> 00:38:00,200 Speaker 2: About it because you want, like we're want to know 710 00:38:00,280 --> 00:38:02,759 Speaker 2: what people are like, right, So the personal things are 711 00:38:03,040 --> 00:38:06,200 Speaker 2: more interesting than just the profits and losses and you 712 00:38:06,280 --> 00:38:10,920 Speaker 2: know lap times and you know horsepower figures, so very, 713 00:38:11,040 --> 00:38:11,719 Speaker 2: very very cool. 714 00:38:11,719 --> 00:38:13,680 Speaker 3: I'm so glad we got to spend that time with you. 715 00:38:14,200 --> 00:38:16,839 Speaker 1: I mean, he's a real human being, which is so great. 716 00:38:16,880 --> 00:38:20,320 Speaker 1: He's not somebody who just talks from bullet points. He 717 00:38:20,440 --> 00:38:23,120 Speaker 1: hasn't been overly media trained, you know, you get the 718 00:38:23,200 --> 00:38:25,240 Speaker 1: sense when you talk with him, he is a present 719 00:38:25,360 --> 00:38:28,120 Speaker 1: individual who was having a conversation with you, and that 720 00:38:28,320 --> 00:38:29,279 Speaker 1: is a nice thing. 721 00:38:29,400 --> 00:38:31,719 Speaker 3: All right, Well, listen. I hope you guys have a 722 00:38:31,840 --> 00:38:33,439 Speaker 3: fantastic drive back. 723 00:38:34,280 --> 00:38:34,440 Speaker 1: Yeah. 724 00:38:34,600 --> 00:38:36,520 Speaker 5: Thanks, No tickets, no ticket. 725 00:38:36,640 --> 00:38:40,080 Speaker 1: I'm very happy to report I stopped counting at fifteen 726 00:38:40,239 --> 00:38:44,359 Speaker 1: police cars on the way from Los Angeles to Carmel, California, 727 00:38:44,440 --> 00:38:48,240 Speaker 1: which is a four hour drive. I stopped counting at fifteen. 728 00:38:48,760 --> 00:38:51,480 Speaker 1: No tickets. Knock on wood. I think we're going to 729 00:38:51,560 --> 00:38:53,400 Speaker 1: drive back tomorrow. But I do want to say, for 730 00:38:53,520 --> 00:38:56,759 Speaker 1: everybody who came up and said something about listening to 731 00:38:56,960 --> 00:38:59,280 Speaker 1: us on the podcast, thank you so much for listening. 732 00:39:00,080 --> 00:39:02,360 Speaker 1: Really means a lot to hear from you guys, and 733 00:39:02,640 --> 00:39:06,000 Speaker 1: just thanks for saying hi. And it's really nice to 734 00:39:06,080 --> 00:39:09,160 Speaker 1: talk to some of you, all twelve of our listeners. 735 00:39:09,440 --> 00:39:11,560 Speaker 3: The dozen dozens of you listening. 736 00:39:11,760 --> 00:39:14,600 Speaker 1: I'm Matt Miller and I'm Hannah Elliott, and this is 737 00:39:14,680 --> 00:39:15,200 Speaker 1: Bloomberg