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Ford Motor Co. will begin accepting applications to buy its GT supercar on Wednesday.

The application process — available at www.fordgt.com — will favor current GT owners and help ensure the cars will be driven on the road and not stored in a museum or re-sold at high markups.

Ford says the supercar will be priced “in the mid-$400,000s.” Initial ordering will be limited to the first two production years, or 500 cars total, with a minimum of 300 cars. The automaker will accept applications in the U.S. and most regions through May 12, although it will accept applications in China, Macau and the Philippines through May 24.

The application asks about previous Ford GT ownership, including the time owned, miles driven, VIN number and how the car was used. It asks what other Fords or Lincolns the applicant has used for personal and business use.

It also wants to know about any vehicle-related charitable activities or contributions; if the applicant is a car collector, and if so, how many Fords and Lincolns are in their collection; and if the applicant is a public figure such as a professional athlete, TV personality or a member of the motorsports community.

There’s also space for applicants to share unique qualifications that make them an ideal GT owner.

Applicants will have an opportunity to identify their preferred Ford dealership. If approved, they will complete their purchase with the help of their dealer and the new Ford GT Concierge Service.

Winners will be hand-selected by a group of Ford executives. Officials have previously said that the small group will likely include Executive Chairman Bill Ford and President and CEO Mark Fields. Ford said it will notify selected applicants via email around July, and if a selected applicant doesn’t respond to five emails over a 120-hour period, they lose their spot.

The automaker said it will also contact an undetermined amount of applicants who will be placed on a wait-list in case the winners don’t respond or accept.

“The purchase process for the Ford GT is as unique as our all-new supercar,” Henry Ford III, global marketing manager, Ford Performance, said in a statement. “We understand GT customers are strong ambassadors for Ford Motor Company, and we look forward to providing them a service as distinct as the car itself.”

Ford also announced that, for production, eight exterior colors can be paired with one of seven different stripe colors. Ford has previously showed the supercar at various auto shows in blue, red, yellow, white and gray.

The supercar has garnered lots of attention since its introduction at the 2015 North American International Auto Show, including from celebrities like Jay Leno and Detroit Tigers pitcher Justin Verlander.

The car will be powered by a 3.5-liter V-6 EcoBoost engine. It’s the same engine that debuted on Ford’s Taurus SHO and is on the 2015 F-150 pickup, but the GT engine includes custom pistons, rods, turbos and cams that will help it get more than 600 horsepower. The vehicle will include a number of lightweighting options, including a carbon-fiber tub and a gorilla-glass windshield that is 12 pounds lighter than a traditional windshield.

The racing version, which is very similar to the street version that customers can buy, made a return to the track earlier this year at the Rolex 24 at Daytona, where braking issues, blown tires and transmission problems led to disappointing results.

mmartinez@detroitnews.com

(313) 222-2401

Twitter.com/MikeMartinez_DN

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