Romp on the GT's throttle, and you are time-machined back three-plus decades to Ford's grandest glory days, when it thumped Ferrari not once but four successive years at Le Mans. In lieu of canaps and champagne to toast this second coming, Automobile Magazine organized a flat-out day on California canyon roads, hot laps of Mazda Race-way Laguna Seca, and quick pit visits to hydrate drivers and replenish fuel. Invitees were carefully screened. To salute GT Job One-chairman Bill Ford's personal centennial parade ride-we summoned a classic foe and the freshest challenger to the supercar throne. Ferrari's 360 Modena is the lineal descendant of the rosso corsa prototypes and GTs that raced valiantly against Ford in France. The atomic egg yolk Lamborghini Gallardo, christened Baby Bull, paws the ground with adolescent anticipation.What Ford achieved during the fifteen-month translation of its stunning show car into a street-legal standard bearer breaks both engineering speed records and the limits of imagination. To top Bill Ford's lofty expectations, a motivated crew of 100 designers and engineers updated the classic envelope for the twenty-first century and loaded it with the largest gasoline V-8 in the company inventory, armed with a supercharger, an intercooler, and a dry-sump lube system; a light, stiff extruded-aluminum spaceframe clad with hot-formed aluminum skin; an aerodynamic underbelly to enhance wheel loading at the near-200-mph top speed; and substantially more braking and cornering power than the original GT40s ever enjoyed.