Noted car guy and late night talk show king Jay Leno may have professed his love for Ford's (F) - Get Report new GT supercar in a TV segment (below), but his celebrity status wasn't able to score him the coveted first and second models of the jaw-dropping car that rolled off the production line. 

Nope, that distinguished honor went to Ford executive chairman Bill Ford Jr. (great grandson of Henry Ford) and CEO Mark Fields, Jamal Hameedi Chief Engineer, Global Ford Performance Vehicles shared with the TheStreet. To be sure, both executives were delivered one heck of an impressive auto.

"Insane," Hameedi told TheStreet when asked how he would describe the $400,000 supercar. 

The automaker revealed this week that the 2017 version of the supercar, which began to ship to customers in December, comes equipped with five drive modes. A simple turn of a dial quickly changes aerodynamic, engine, stability control and shift characteristics of the GT, as well as its ride height.

Out of the five modes, which include "normal", "wet", "sport" and "track", it's the "V-Max" that will likely be the most popular among thrill-seeking GT owners.

Engineering-speak for "maximum velocity," says Ford, V-Max mode is designed to make the 647 horsepower Ford GT go as fast as possible. That ultimate end game: a top speed of 216 mph. Like the car's track mode, selecting V-Max requires the transmission be set in park. Ride height is the same as in track mode, but all aerodynamic elements are stowed to minimize drag. Stability controls remain active to help ensure the car moves forward in a straight line.

Other insane performance enhancing features include a large active rear wing, air tunnels on the lower half of the car and a carbon fiber body that keeps the weight down to about 3,000 pounds. The exterior of the GT is no slouch either, boasting scissor doors inherant to most supercars and aggressive rear styling.

Image placeholder title

Read more Auto features on TheStreet:

Editor's Pick: Originally published March 31.